Ermenegildo Zegna N.V. (ZGN) Q4 2025 Sales/Trading Call Transcript

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Ermenegildo Zegna N.V. (ZGN) Q4 2025 Sales/Trading Call February 2, 2026 8:00 AM EST

Company Participants

Ermenegildo di Monte Rubello – Group Executive Chairman
Gianluca Tagliabue – Acting Group Chief Executive Officer
Paola Durante – Chief of External Relations

Conference Call Participants

Chris Huang – UBS Investment Bank, Research Division
Anthony Charchafji – BNP Paribas, Research Division
Chiara Battistini – JPMorgan Chase & Co, Research Division
Bhumi Kanabar – Jefferies LLC, Research Division
Oliver Chen – TD Cowen, Research Division
Adrien Duverger – Goldman Sachs Group, Inc., Research Division
Maria Meita – Bernstein Institutional Services LLC, Research Division
Daria Nasledysheva – BofA Securities, Research Division
Natasha Banoori – Morgan Stanley, Research Division

Presentation

Operator

Hello, everyone, and thank you for standing by. The Ermenegildo ZEGNA Group FY 2025 Preliminary Revenues Call. Please note that today’s material and presentation are available under the zegnagroup.com website.

Joining us today, the ZEGNA Group leadership team, including Gildo ZEGNA, the Group Executive Chairman; and Gianluca Tagliabue, Group CEO. Before we begin, we need to point out that the team will make certain forward-looking statements during the call. The group actual results may be materially different from those expressed or implied by these forward-looking statements. Also, these statements are subject to a number of risks and uncertainties, including those described in our SEC filings. Please refer to the forward-looking statements cautionary statement included at Page 2 of today’s presentation.

I will now hand over to Gildo ZEGNA.

Ermenegildo di Monte Rubello
Group Executive Chairman

Good morning, and good afternoon, everyone. Thank you for joining today’s call. Our first call as Executive Chairman; Ambrogio Tagliabue as Group CEO. Very exciting indeed.

As you know, in November last year, we announced a new leadership structure, a positive step forward for me and for our group, having appointed Gianluca Tagliabue as Group CEO; and Edoardo and Angelo ZEGNA, my two sons, members of

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