CODE OF CONDUCT GIANNI VERSACE S.P.A. CO-CREATED WITH OUR PARTNERS

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1 CODE OF CONDUCT GIANNI VERSACE S.P.A. CO-CREATED WITH OUR PARTNERS

2 THE CONNECTION BETWEEN THE MAISON AND OUR SUPPLIERS CREATES INNOVATION. LET S OPEN OUR DOORS!

3 A CODE OF CONDUCT WRITTEN BY THE HUNDREDS Writing this document has come together through a structured and collaborative process with our suppliers, which have helped us to realize a unique and innovative initiative in the fashion industry: a Code of Conduct written by hundreds of participants. We don t see this Code as an administrative step, but as a new way of working, collaborating, and growing together; gathering and integrating various perspectives and contributions of all the companies that participated, respecting their unique nature. The sustainability principles rooted at the heart of our company mission are declined in this document, to share and spread their use throughout our supply chain. 3

4 We know that if we don t think and act differently, if we don t respect our planet, if we don t find a different way to communicate, we can t progress and prosper in the long term. Donatella Versace 4

5 A FUTURE-FIT BUSINESS MODEL Every choice we make doesn t stop at the doors of our Maison, but is closely linked to all suppliers that collaborate in creating our collections: from the choice of materials, to the prints, accessories, embroidery, and packaging. Adopting a sustainable approach contributes to the fairness, collaboration and trust based relationships we have always shared with our partners, and which will continue to be the base for our future growth together. For Versace, this is only the first step in a long path together toward a future-fit business model to create the Best Supply Chain in Luxury. 5

6 WE HAVE IDENTIFIED A STANDARD OF CONDUCT RELATIVE TO FOUR FUNDAMENTAL THEMES: 1. OUR VALUES 2. PEOPLE 3. ENVIRONMENT 4. TRANSPARENCY 6

7 1. OUR VALUES We recognize the importance and urgency of acting with the awareness that we are all dependent on each other, and we strive to improve in a journey of reciprocal learning. This commitment is connected to the values that Gianni Versace shares with our suppliers of raw materials and finished product. RESPECT We care for the environment, preserving it for future generations. We respect people, their diversity, their time, their serenity, and their growth. CONCRETENESS We aim to realize credible and profitable plans, recognizing that each actor may find themselves in a different state of evolution. HUMAN TOUCH Creativity is our passion. Talent and craftsmanship are our heritage. INTERDEPENDENCE Versace is the sum of the professionalism of our suppliers.we are all interconnected and we support each other in our shared objectives. We can only get there together. TRANSPARENCY We commit to making our commitments visible and transparent in an honest way, sharing common results, issues, and challenges. 7 OUR VALUES

8 We inhabit a universe that is characterized by diversity. Desmond Tutu 2. PEOPLE In our field, freedom of expression, diversity, respect and tolerance toward all people are invaluable resources. Each person is part of our success and should have the possibility to reach their full potential. We welcome differences in each moment, and we consider our impact on others. We offer equal opportunities. We do not tolerate discrimination. - We ensure the freedom of choice, repudiating any form of slavery. We monitor our suppliers to ensure that no one is subjected to work by force, deceit, intimidation, or retaliation. - We treat people with respect and dignity. We prohibit any form of physical, psychological or verbal abuse. A DIGNIFIED AND FREE WORK CULTURE - All workers are employed with a written employment contract that details the terms and conditions of employment. - We respect the rights of the people and the legality of the collaboratory relationship. Workers are fully aware of their rights and legal duties. - We only employ workers who have reached the minimum work admission period as provided by local law, in accordance with ILO conventions no. 138 and 142. SKILLS AND CRAFTSMANSHIP - We value our employees by progressively raising their work standards through paths of developing their professional skills and internal training. - We accompany older generations through change, reclaiming craftsmanship and passing it on to new generations. - We promote a culture of sustainability, understood as the maximum respect for people and the environment. 8 PEOPLE

9 ENGAGEMENT - We engage our people to achieve a common goal to which everyone converges.we also promote teamwork in the customer-supplier relationship. - We recognize the value of work and reward the work of others.we create a culture of gratitude so that people feel encouraged to support and collaborate. - We promote participation, engagement and social interaction among our people. - We reward our people s commitment through rewards, benefits, or flexibility, depending on the specifics of each company. WELLBEING - We see spaces not only as workplaces, but as healthy and comfortable regenerative environments for people and social gatherings. - We are committed to reduce stress through better management of time and communication. COMMUNITY - We create a positive impact on local communities, supporting local organizations and participating in beneficial socioenvironmental initiatives. - We collaborate on educational and engagement initiatives with schools and institutions. 9 PEOPLE

10 3. ENVIRONMENT All our activities are aimed at respecting the planet and considering the rights of future generations. It is vital for us to have a profound awareness of our impact, to promote initiatives aimed at reducing resource consumption, emissions, soil exploitation, preserving ecosystems and protecting biodiversity. 10 ENVIRONMENT

11 I think having land and not ruining it is the most beautiful art that anybody could ever want. Andy Warhol SUSTAINABLE DESIGN - We promote, together with Gianni Versace Spa, a philosophy of eco- design of products, exploring innovative solutions to make the most sustainable choices. - Every product or process innovation must guarantee the highest quality standards along with respect for the principles of environmental sustainability. - We pursue increased efficiency in the use of scarce resources in nature, preferring renewable or closed cycle materials and resources. - We know the value of the materials we use, which is why we constantly research and adopt solutions to minimize, recover and/or reuse textile waste. - We do not use chemicals that can harm people or the environment by ensuring accurate compliance with the Restricted Substance List (RSL) shared by Gianni Versace Spa with all suppliers. POSITIVE ENVIRONMENTAL IMPACT - We invest in low-impact technologies and energy-efficiency systems, renewable energy production and water-saving solutions. - Our processes and waste disposal should not harm the environment, and should minimize pollution of water, air and soil. - We monitor and gradually reduce our carbon footprint to actively reduce global adverse climate impact. - We develop integrated logistics solutions and synergies aimed at minimizing our overall impacts. - We contribute to the preservation and restoration of natural ecosystems through environmental initiatives to protect and revaluate local resources. 11 ENVIRONMENT

12 Honesty and transparency make you vulnerable. Be honest and transparent anyway. Mother Teresa 4. TRANSPARENCY The relationships between Gianni Versace Spa and our suppliers are grounded in fairness and responsibility. We do not choose simple actions, but concrete achievable improvement plans.we consider the possibilities and limits of each of our partners and we communicate honestly with maximum transparency. 12 TRANSPARENCY

13 COMPLIANCE - We guarantee full and scrupulous compliance with current laws and regulations in the areas related to our business. We operate in full respect of the spirit of the law as well as of its normative dictates. - We track our entire value chain, both upstream and downstream, to progressively improve our impact. - We work together to optimize the testing of products and the audits of our production facilities and laboratories through a transparent and continuous exchange of information. - We share clear and shared procedures and concrete application guidelines COLLABORATION - We flag emerging issues in the early design and prototype stages.we help each other to achieve the best results. - We work with a long-term perspective. We share concrete plans to systematically improve our social and environmental sustainability practices. - We foster dialogue among our people through communication tools and information exchange. - The doors of our companies are open to anyone who wants to better get to know us through a mutual exchange. - We inform the Gianni Versace Spa transparently of any problems or difficulties in applying this code of conduct. - We ensure that our respective suppliers also comply with this code. 13 TRANSPARENCY

14 CONTACTS Marta Lualdi Product Technical Regulation and Certification Manager Carlo Licausi RTW Operations Director Paola Dell Aversana Leathergoods & Shoes Operations Director