PRADA 3 9 25 33 41

Patrizio Bertelli Miuccia Prada 2 PRADA 集團 二零一八年中期財務報告

PRADA PRADA PRADA 3

PRADA Spa Via A. Fogazzaro, 28 20135 Milan, Italy Via A. Fogazzaro, 28 20135 Milan, Italy 16 11 36 www.pradagroup.com 1913 Carlo Mazzi Miuccia Prada Bianchi Patrizio Bertelli Alessandra Cozzani Stefano Simontacchi Maurizio Cereda Gian Franco Oliviero Mattei Giancarlo Forestieri Gian Franco Oliviero Mattei Giancarlo Forestieri Maurizio Cereda Maurizio Cereda Carlo Mazzi Gian Franco Oliviero Mattei Gian Franco Oliviero Mattei Carlo Mazzi Antonino Parisi Roberto Spada David Terracina 231/2001 David Terracina Gian Franco Oliviero Mattei Paolo De Paoli 4 PRADA PRADA

PRADA Holding Spa Via A. Fogazzaro, 28 20135 Milan, Italy Patrizia Albano Via A. Fogazzaro, 28 20135 Milan, Italy 11 36 Carlo Mazzi Via A. Fogazzaro, 28 20135 Milan, Italy 11 36 Carlo Mazzi 4 7 183 17 1712-1716 Deloitte & Touche Spa Via Tortona, 25 20144 Milan, Italy PRADA PRADA 5

PRADA Church & Co ltd Church & Co (Footwear) ltd Church UK Retail ltd Church s English Shoes sa Church France sas Church Spain sl Church Ireland Retail ltd Church Austria gmbh Church Netherlands bv Church Footwear ab Church Denmark aps Church s English Shoes Switzerland sa Church Italia srl Church & Co (USA) ltd Church Hong Kong Retail ltd Church Japan Company ltd Church Singapore pte ltd 66.7% Artisans Shoes srl PRADA Canada Corp 60% 80% 80% IPI Logistica srl Tannerie Limoges sas Pelletteria Ennepi srl Hipic Prod Impex srl Church Holding UK ltd Post Development Corp PRADA USA Corp TRS Hawaii Ilc TRS Guam Partnership PRADA Retail Mexico S. de R.L. de C.V. PRADA Brasil Importação e Comércio de Artigos de Luxo ltda PRM Services S. de R.L. de C.V. PRADA Panama sa PRADA Retail Aruba nv PRADA Saint Barthelemy sarl PRADA Maroc Sarlau Maroc Branch 55% 55% 55% 55% 55% 55% PRADA Australia pty ltd PRADA Korea llc PRADA Singapore pte ltd PRADA Retail Malaysia sdn bhd PRADA Japan Co ltd Travel Retail Shops Okinawa kk PRADA (Thailand) Co ltd PRADA New Zealand ltd PRADA Vietnam Limited Liability Company PT PRADA Indonesia TRS Saipan Partnership TRS Hong Kong ltd PRADA Taiwan ltd TRS Singapore pte ltd PRADA Asia Pacific ltd 6 PRADA PRADA

60% PRADA Middle East fzco PRADA Retail France sas Marchesi 1824 srl Milan PRADA sa 49% PRADA Emirates llc PRADA Monte-Carlo sam 49% PRADA Kuwait wll PRADA Belgium sprl PRADA Company sa 75% PRADA Retail wll PRADA Saudi Arabia ltd PRADA Retail South Africa (pty) ltd PRADA Rus llc PRADA Germany gmbh PRADA Austria gmbh PRADA Czech Republic sro PRADA Netherlands bv PRADA Ukraine llc PRADA Switzerland sa PRADA Kazakhstan llp PRADA Spain sl PRADA Portugal Unipessoal lda PRADA Hellas Sole Partner llc PRADA Bosphorus Deri Mamüller ltd Sirketi PRADA Retail UK ltd PRADA Denmark aps PRADA Finnish oy PRADA Sweden ab Kenon ltd PRADA PRADA 7

8 PRADA PRADA

PRADA 9

Prada 10 PRADA

% % 1,510,603 98.4% 1,460,474 98.3% 24,723 1.6% 25,545 1.7% 1,535,326 1,486,019 (429,474) -28.0% (408,127) -27.5% 1,105,852 72.0% 1,077,892 72.5% (946,664) -61.6% (940,716) -63.3% EBIT 159,188 10.4% 137,176 9.2% (10,752) -0.7% 262 0.0% 302 0.0% 357 0.0% 148,738 9.7% 137,795 9.2% (43,574) -2.9% (41,614) -2.8% 105,164 6.8% 96,181 6.4% (504) 0.0% 753 0.1% 105,668 6.9% 95,428 6.4% 0.041 0.037 111,618 7.3% 113,462 7.6% EBITDA 270,806 17.7% 250,638 16.9% 601,882 546,205 3,034,008 2,969,909 (240,201) (103,738) 2,776,166 2,844,652 (*) 180,018 446,517 (*) PRADA 11

Prada Prada Prada Prada Miu Miu Prada Spirit Miu Miu Disco Z prada.com miumiu.com SKP (Dubai Mall) (Fondazione Prada) 12 PRADA

% % 563,003 37.3% 535,680 36.7% 5.1% 203,967 13.5% 211,617 14.5% -3.6% 519,594 34.4% 487,643 33.4% 6.6% 171,278 11.3% 170,747 11.7% 0.3% 50,805 3.4% 52,862 3.6% -3.9% 1,956 0.1% 1,925 0.1% 1.7% 1,510,603 1,460,474 3.4% Prada 1,236,703 81.9% 1,188,093 81.3% 4.1% Miu Miu 234,545 15.5% 230,739 15.8% 1.6% Church's 31,663 2.1% 33,888 2.3% -6.6% 7,692 0.5% 7,754 0.6% -0.8% 1,510,603 1,460,474 3.4% 858,769 56.8% 839,121 57.5% 2.3% 307,860 20.4% 313,190 21.4% -1.7% 315,354 20.9% 278,380 19.1% 13.3% 28,620 1.9% 29,783 2.0% -3.9% 1,510,603 1,460,474 3.4% 1,236,991 81.9% 1,200,737 82.2% 3.0% 273,612 18.1% 259,737 17.8% 5.3% 1,510,603 1,460,474 3.4% 1,510,603 98.4% 1,460,474 98.3% 3.4% 24,723 1.6% 25,545 1.7% -3.2% 1,535,326 1,486,019 3.3% 9.7% 3% 80 8.1% +5.3% 13.8% 6.6% PRADA 13

344.4 17.2% +9.2% 6.5% +5.1% 7.7% -3.6% 9.1% 6.9% 3.9% Prada Miu Miu Dubai Mall 19.5% 13.3% Prada Miu Miu 8.4% 2.3% 4% 1.7% Prada 10.1% +4.1% Miu Miu 8.2% +1.6% Church s 3.9% 6.6% Marchesi 1824 24.7 3.2% 14 PRADA

Prada 397 25 394 25 385 25 Miu Miu 166 9 167 9 167 9 Church s 59-57 - 55 - Car Shoe 4-4 - 5 - Marchesi 3-3 - 3-629 34 625 34 615 34 228 4 229 4 220 4 110-112 - 112-189 25 184 25 182 25 79-79 - 79-23 5 21 5 22 5 629 34 625 34 615 34 72.5% 72% 940.7 946.7 63.3% 61.6% 64,572 4.2% 66,006 4.4% 94,379 6.1% 88,810 6.0% 692,227 45.1% 691,833 46.6% 95,486 6.2% 94,067 6.3% 946,664 61.6% 940,716 63.3% EBITDA 270.8 17.7% 80 EBIT 159.2 10.4% 137.2 9.2% PRADA 15

2,569,487 2,565,359 2,529,920 290,649 289,973 266,795 612,660 569,929 562,620 (301,427) (313,697) (276,730) 601,882 546,205 552,685 201,031 212,102 244,992 (232,261) (233,181) (194,043) (31,230) (21,079) 50,948 (57,285) (61,815) (77,546) (61,521) (61,444) (60,215) (171,872) (174,706) (176,799) 184,547 177,389 203,369 (106,131) (120,576) (111,191) 3,034,008 2,969,909 3,022,362 (2,776,166) (2,844,652) (2,776,345) (17,641) (21,519) (22,590) (2,793,807) (2,866,171) (2,798,935) (505,008) (638,954) (529,428) 264,807 535,216 306,001 (240,201) (103,738) (223,427) (3,034,008) (2,969,909) (3,022,362) 8.6% 3.6% 8.0% 3,034 240.2 2,776.2 2,569.5 125.8 111.6 74,191 110,026 51,591 140,638 125,782 250,664 SKP Dubai Mall 16 PRADA

601.9 55.7 - - (130,000) (505,008) (638,954) (399,428) (505,008) (638,954) (529,428) (130,000) (130,000) - (481,810) (222,971) (359,206) (4,336) (4,423) (4,523) (616,146) (357,394) (363,729) (1,121,154) (996,348) (893,157) 880,953 892,610 669,730 880,953 892,610 669,730 (240,201) (103,738) (223,427) (235,865) (99,315) (218,904) EBITDA 2.5 5.7 2.7 180 139.1 185.7 240.2 136.5 PRADA 17

Prada Prada Prada 18 PRADA

1,000 Prada Prada Prada PRADA 19

PRADA spa 128 Prada 81/08 231/2001 20 PRADA

Prada Miu Miu PRADA spa PRADA spa PRADA 21

Prada EBITDA EBIT EBITDA EBIT 105,164 96,181 116,082 43,574 41,614 50,222 10,450 (619) 533 EBIT 159,188 137,176 166,837 111,618 113,462 112,716 EBITDA 270,806 250,638 279,553 22 PRADA

Prada PRADA 23

24 PRADA

PRADA 25

Carlo MAZZI Miuccia PRADA BIANCHI Patrizio BERTELLI Alessandra COZZANI Stefano SIMONTACCHI Gian Franco Oliviero MATTEI Giancarlo FORESTIERI Maurizio CEREDA Carlo MAZZI Carlo MAZZI Miuccia PRADA BIANCHI Patrizio BERTELLI Alessandra COZZANI 26 PRADA

Gian Franco Oliviero MATTEI Giancarlo FORESTIERI Maurizio CEREDA Maurizio CEREDA Gian Franco Oliviero MATTEI Carlo MAZZI Gian Franco Oliviero MATTEI Carlo MAZZI 231 3.21 Gian Franco Oliviero Mattei Giancarlo Forestieri Maurizio Cereda 3.25 PRADA 27

Maurizio Cereda Giancarlo Forestieri Gian Franco Oliviero Mattei Gian Franco Oliviero Mattei Carlo Mazzi Gian Franco Oliviero Mattei Carlo Mazzi Giancarlo Forestieri Gian Franco Oliviero Mattei Maurizio Cereda Antonino Parisi Roberto Spada David Terracina Stefania Bettoni Cristiano Proserpio 28 PRADA

David Terracina Gian Franco Oliviero Mattei Paolo De Paoli 7.5 191,911,800 13.51B(1) 13.51B(1) Carlo MAZZI Maurizio CEREDA Gian Franco Oliviero MATTEI Giancarlo FORESTIERI Banca Profilo S.p.A. 80,000.00 140,000.00 20,000.00 60,000.00 60,000.00 PRADA 29

XV 352 (a) Miuccia Prada Bianchi Patrizio Bertelli 2,046,470,760 1 2 2,046,470,760 1 3 80% 80% 1. Prada Holding S.p.A. 80% 2. Miuccia Prada Bianchi Ludo S.r.l. Bellatrix S.p.A. 53.8% 438,460 100,000 Bellatrix S.p.A. Prada Holding S.p.A. 65% 1,650 300 Miuccia Prada Bianchi Prada Holding S.p.A. Miuccia Prada Bianchi Prada Holding S.p.A. Bellatrix S.p.A. Ludo S.r.l. 3. Patrizio Bertelli PABE 1 S.r.l. Prada Holding S.p.A. 35% 750 300 Patrizio Bertelli Prada Holding S.p.A. Patrizio Bertelli PABE 1 S.r.l. 30 PRADA

Miuccia Prada Bianchi Patrizio Bertelli Patrizio Bertelli Miuccia Prada Bianchi Ludo S.r.l. 53.8% PA BE 1 S.r.l. Bellatrix S.p.A. 35% 65% Prada Holding S.p.A. 80% PRADA S.p.A. PRADA 31

(b) Miuccia Prada Bianchi Prada Holding S.p.A. 1,650 68.75% Prada Holding S.p.A. 300 50% Prapar Corporation 50 MFH Munich Fashion Holding GmbH 1 Bellatrix S.p.A. 438,460 49.83% Bellatrix S.p.A. 100,000 83.34% Ludo S.r.l. 100,311 C.I.D. Cosmetics International Distribution Corp. 1 Fratelli Prada S.p.A. 890,094 89.01% 16,706 1.67% PH-RE LLC 1,000,000 Patrizio Bertelli Prada Holding S.p.A. 750 31.25% Prada Holding S.p.A. 300 50% Prapar Corporation 50 MFH Munich Fashion Holding GmbH C.I.D. Cosmetics International Distribution Corp. 1 1 PH-RE LLC 1,000,000 XV 352 336 Prada Holding S.p.A. 2,046,470,760 80.00% Bellatrix S.p.A. 2,046,470,760 80.00% Ludo S.r.l. 2,046,470,760 80.00% PABE 1 S.r.l. 2,046,470,760 80.00% OppenheimerFunds, Inc. 130,063,230 5.08% Prada Holding S.p.A. 80% Ludo S.r.l. Bellatrix S.p.A. 53.8% Bellatrix S.p.A. Prada Holding S.p.A. 65% PABE 1 S.r.l. Prada Holding S.p.A. 35% Bellatrix S.p.A. Ludo S.r.l. PABE 1 S.r.l. Prada Holding S.p.A. 2,046,470,760 32 PRADA

PRADA 33

6 880,953 892,610 7 290,649 289,973 8 612,660 569,929 9 6,096 13,923 10 6,635 6,107 11 188,299 192,072 1,985,292 1,964,614 12 1,526,596 1,522,782 13 927,042 921,458 14 9,156 8,416 33 215,578 209,402 15 103,642 110,698 9 3,051 2,005 2,785,065 2,774,761 4,770,357 4,739,375 16 611,562 352,971 17 4,418 4,488 18 301,427 313,697 19 80,555 68,116 9 13,529 7,654 20 138,343 157,346 1,149,834 904,272 21 505,008 638,954 22 61,521 61,444 23 57,285 61,815 32 31,031 32,012 24 165,535 167,595 9 6,336 7,112 826,716 968,932 1,976,550 1,873,204 255,882 255,882 2,395,246 2,375,084 19,370 (4,035) 105,668 217,721 25 2,776,166 2,844,652 26 17,641 21,519 2,793,807 2,866,171 4,770,357 4,739,375 835,458 1,060,342 3,620,523 3,835,103 34 PRADA

% % 27 1,535,326 1,468,636 28 (429,474) -28.0% (379,995) -25.9% 1,105,852 72.0% 1,088,641 74.1% 29 (946,664) -61.6% (921,804) -62.7% EBIT 159,188 10.4% 166,837 11.4% 30 (10,752) -0.7% (890) -0.1% 31 302 0.0% 357 0.0% 148,738 9.7% 166,304 11.3% 32 (43,574) -2.9% (50,222) -3.4% 105,164 6.8% 116,082 7.9% 26 (504) 0.0% 340 0.0% 25 105,668 6.9% 115,742 7.9% 33 0.041 0.045 PRADA 35

148,738 166,303 109,871 108,334 1,747 4,382 12,152 (12,487) 10,647 9,899 (11,970) (10,799) (1,365) 13,134 (41,106) (54,017) (11,967) 25,265 (14,491) (16,932) 202,256 233,082 (1,446) (7,318) (20,792) (17,608) 180,018 208,156 (139,065) (103,869) 1,638 841 302 - (2,000) (1,275) (139,125) (104,303) PRADA Spa (181,912) (307,059) (3,835) (451) (39,227) (26,909) 103,875 8,668 52,371 218,623 297 89 (68,431) (107,039) (27,538) (3,186) 15,881 (49,686) 892,610 722,214 880,953 669,342 880,953 669,730 - (388) 880,953 669,342 36 PRADA

105,164 218,017 116,082 A) 23,824 (151,016) (122,894) - - - 23,824 (151,016) (122,894) (6,710) 5,729 13,477 1,853 (1,105) (3,265) (4,857) 4,624 10,212 740 (3,362) (2,475) - (552) 572 740 (3,914) (1,903) B) - 1,921 - - (330) - - 1,591-124,871 69,302 1,497 (82) (1,907) (1,411) 124,953 71,209 2,908 PRADA 37

2,558,824,000 255,882 144,791 410,047 (7,897) (5,707) (1,656) 2,006,713 2,401,500 278,329 3,080,502 24,028 3,104,530 - - - - - - - 278,329 278,329 (278,329) - - - - - - - - - - (307,059) (307,059) - (307,059) (451) (307,510) - - - - - - - - - - - 335 335 - - - - - - - - - - - 89 89 - - (121,155) - 10,212 - (1,903) 4 8,313 115,742 2,900 (1,411) 1,489 - - - - - 2 - - 2-2 - 2 2,558,824,000 255,882 23,636 410,047 2,315 (5,705) (3,559) 1,977,987 2,381,085 115,742 2,776,345 22,590 2,798,935 - - - - - - - - - - - (563) (563) - - - - - - - - - - - (12) (12) - - (27,671) - (5,588) - (2,011) (4) (7,603) 101,979 66,705 (483) 66,222 - - - - - 1,602 - - 1,602-1,602 (13) 1,589 2,558,824,000 255,882 (4,035) 410,047 (3,273) (4,103) (5,570) 1,977,983 2,375,084 217,721 2,844,652 21,519 2,866,171 38 PRADA

2,558,824,000 255,882 (4,035) 410,047 (3,273) (4,103) (5,570) 1,977,983 2,375,084 217,721 2,844,652 21,519 2,866,171 9 9 - - - - - - - (1,724) (1,724) - (1,724) (33) (1,757) - - - - (2,063) - - 2,063 - - - - - 2,558,824,000 255,882 (4,035) 410,047 (5,336) (4,103) (5,570) 1,978,322 2,373,360 217,721 2,842,928 21,486 2,864,414 - - - - - - - 217,721 217,721 (217,721) - - - - - - - - - - (191,912) (191,912) - (191,912) (3,835) (195,747) - - - - - - - 197 197-197 (225) (28) - - - - - - - - - - - 297 297 - - 23,405 - (4,857) - 740 (3) (4,120) 105,668 124,953 (82) 124,871 2,558,824,000 255,882 19,370 410,047 (10,193) (4,103) (4,830) 2,004,325 2,395,246 105,668 2,776,166 17,641 2,793,807 PRADA 39

40 PRADA

PRADA 41

1. PRADA spa 1913 Prada Miu Miu Church s Car Shoe Pasticceria Marchesi 1824 629 70 via Antonio Fogazzaro 28, Milan, Italy PRADA spa 2. Prada 34 Prada Prada PRADA spa 42 PRADA

3. Prada 9 15 4 15 1 28 12 2 40 22 9 9 39 Prada 1.7 39 2.1 15 15 18 11 4.6 PRADA 43

Prada Prada 16 9 16 Prada 16 26 Prada 17 23 Prada 28 3 11 12 23 19 44 PRADA

4. PRADA spa Angelo Marchesi srl 20% Montenapoleone 9 srl Isarcodue srl Angelo Marchesi srl Marchesi 1824 srl TRS New Zealand Limited 5. 8 8 Prada 8 Prada 2,020,548 2,005,887 192,634 193,757 216,111 235,010 78,391 81,709 45,714 34,015 2,553,398 2,550,378 2,553.4 2,550.4 8 PRADA 45

6. 45,227 66,162 581,805 477,950 253,921 348,498 880,953 892,610 52,613 66,611 207 1,868 13,495 12,269 503,311 387,212 12,179 9,990 581,805 477,950 82,279 188,438 91,113 74,525 1,910 1,473 6,783 7,058 11,748 8,408 60,088 68,596 253,921 348,498 0% 6.4% 0% 6.8% 46 PRADA

7. 288,964 284,602 (10,230) (7,892) 11,915 13,263 290,649 289,973 Prada Fratelli Prada spa 7,892 6,654 9 2,246-44 (171) 150 1,926 (102) (517) 10,230 7,892 1 30 31 60 61 90 91 120 120 300,879 260,480 16,139 5,942 4,970 1,652 11,696 300,879 260,480 16,139 5,942 4,970 1,652 11,696 1 30 31 60 61 90 91 120 120 297,865 267,271 9,871 6,225 2,052 1,622 10,824 297,865 267,271 9,871 6,225 2,052 1,622 10,824 PRADA 47

1 30 31 60 61 90 91 120 120 290,649 257,843 16,139 5,942 4,970 1,652 4,103 290,649 257,843 16,139 5,942 4,970 1,652 4,103 1 30 31 60 61 90 91 120 120 289,973 267,133 9,871 6,225 2,052 1,622 3,070 289,973 267,133 9,871 6,225 2,052 1,622 3,070 8. 107,889 102,246 41,058 30,556 500,105 484,709 (42,260) (47,582) 606,792 569,929 5,868-612,660 569,929 23,774 23,808 47,582 - (58) (58) - 659 659 (39) (5,884) (5,923) 23,735 18,525 42,260 48 PRADA

9. 6,096 13,923 3,051 2,005 9,147 15,928 (13,529) (7,654) (6,336) (7,112) (19,865) (14,766) (10,718) 1,162 7 9,147 15,721-207 9,147 15,928 (9,095) (3,573) (870) (501) (9,900) (10,692) (19,865) (14,766) (10,718) 1,162 7 PRADA 49

(*) (*) 9,365-9,365 71,595 (12,881) 58,714 40,460 (2,956) 37,504 43,950-43,950 41,460-41,460 27,377-27,377 5,878-5,878 10,539-10,539 5,143-5,143 73,340 (16,311) 57,029 23,302-23,302 352,409 (32,148) 320,261 (*) (*) (*) 20,315-20,315 9,299-9,299 49,270-49,270 9,328 (54,469) (45,141) 9,331-9,331 97,543 (54,469) 43,074 (*) 12 60.7 50 PRADA

44,000 1.457% (2,226) 44,000 60,000 0.105% (187) 60,000 90,000 0.013% (409) 90,000 100,000 0.252% (870) 100,000 54,975 2.778% (6,122) 54,975 1,200,000 1.360% (86) 1,200,000 (9,900) 10. 787-5,848 6,107 6,635 6,107 36 PRADA 51

11. 41,309 42,444 44,388 69,652 20,068 18,755 68,240 52,779 14,294 8,442 188,299 192,072 3,786 1,760 4,470 5,247 11,812 11,748 20,068 18,755 21,769 16,889 2,593 1,809 11,490 11,743 12,643 8,363 820 820 18,925 13,155 68,240 52,779 52 PRADA

12. 767,797 183,162 1,319,813 434,511 191,240 91,006 2,987,529 (108,447) (137,425) (862,814) (259,040) (97,021) - (1,464,747) 659,350 45,737 456,999 175,471 94,219 91,006 1,522,782 825,145 193,017 1,345,295 453,269 179,081 58,895 3,054,702 (117,895) (141,587) (902,976) (269,055) (96,593) - (1,528,106) 707,250 51,430 442,319 184,214 82,488 58,895 1,526,596 659,350 45,737 456,999 175,471 94,219 91,006 1,522,782 15,133 6,565 33,167 13,804 1,991 29,828 100,488 (8,833) (4,480) (55,787) (16,811) (5,997) - (91,908) (1) (35) (19) (334) (8,039) - (8,428) 489 (1) 4,373 1,477 66 165 6,569 41,112 3,644 4,586 11,167 273 (62,019) (1,237) - - (1,000) (560) (25) (85) (1,670) 707,250 51,430 442,319 184,214 82,488 58,895 1,526,596 SKP Dubai Mall 1.7 PRADA 53

13. 402,693 547,808 209,702 116,828 63,143 31,062 1,371,236 (153,703) (29,472) (132,973) (81,743) (51,887) - (449,778) 248,990 518,336 76,729 35,085 11,256 31,062 921,458 403,619 547,843 234,223 127,207 63,145 15,494 1,391,531 (160,691) (29,496) (134,516) (86,855) (52,931) - (464,489) 242,928 518,347 99,707 40,352 10,214 15,494 927,042 248,990 518,336 76,729 35,085 11,256 31,062 921,458 828-11,825 4,057 16 8,523 25,249 (6,954) - (4,832) (5,118) (1,058) - (17,962) - - (1,634) (4) - - (1,638) 64 11 (31) 7 - (23) 28 - - 17,650 6,325 - (23,990) (15) - - - - - (78) (78) 242,928 518,347 99,707 40,352 10,214 15,494 927,042 Miu Miu 141,225 144,005 Church s 80,768 82,609 Prada 5,833 5,292 15,102 17,084 242,928 248,990 54 PRADA

125.8 74,191 110,026 51,591 140,638 125,782 250,664 36 518.3 78,355 78,355 311,936 311,936 25,850 25,850 5,064 5,064 9,300 9,300 1,400 1,400 11,700 11,700 48,000 48,000 10,169 10,169 Church s 8,598 8,587 Pasticceria Marchesi 1824 7,975 7,975 518,347 518,336 14. 9,125 8,387 31 29 9,156 8,416 4.88% 7 0.7 2.80.3 PRADA 55

15. 60,705 66,511 11,289 13,004 13,039 13,021 18,609 18,162 103,642 110,698 55,843 61,398 3,713 3,889 105 100 1,044 1,124 60,705 66,511 29,268 9,638 21,799 60,705 16. 142,937 87,901 468,828 265,447 (442) (611) 239 234 611,562 352,971 PRADA spa 85 53.4 PRADA Japan co ltd PRADA Japan co ltd 21 56 PRADA

89,038 31,994 53,472 54,979 427 928 142,937 87,901 21 9 17. 4,336 4,423 82 65 4,418 4,488 36 18. 292,426 302,847 9,001 10,850 301,427 313,697 PRADA 57

1 30 31 60 61 90 91 120 120 301,427 271,697 16,824 2,736 2,135 1,625 6,410 301,427 271,697 16,824 2,736 2,135 1,625 6,410 1 30 31 60 61 90 91 120 120 313,697 284,005 13,277 7,097 1,411 748 7,159 313,697 284,005 13,277 7,097 1,411 748 7,159 19. 26,757 25,015 53,798 43,101 80,555 68,116 11 44.4 25 26.8 69.7 58 PRADA

20. 35,781 62,357 23,946 20,943 78,616 74,046 138,343 157,346 58,922 61,252 6,874 6,164 9,846 4,724 2,974 1,906 78,616 74,046 21. 504,023 638,034 (951) (1,137) 1,936 2,057 505,008 638,954 PRADA spa 100 PRADA spa PRADA Japan ltd 110 5 PRADA Japan ltd 40 31 Hipic Prod Impex srl 13.8 3 PRADA 59

39.2 (1) PRADA Spa 130,000 2.75% 130,000 - - PRADA Spa 60,000 0.76% 60,000 - - PRADA Spa 44,000 2.74% 3,667 40,333 PRADA Spa 40,000 0.61% 40,000 - - PRADA Spa 100,000 0.75% - 100,000 - PRADA Spa 100,000 0.48% 25,000 75,000 - PRADA Spa 90,000 0.96% - 90,000 - PRADA Spa 10,000 0.71% 10,000 - - PRADA Spa 100,000 0.00% 100,000 - - PRADA Spa 8,333 0.60% 8,333 - - PRADA Spa 60,000 0.20% 60,000 - - PRADA Spa 100,000 0.50% 16,000 84,000 PRADA Japan Co. Ltd 23,249 0.47% - 23,249 - PRADA Japan Co. Ltd 9,298 1.36% 4,649 4,649 - PRADA Japan Co. Ltd 3,100 0.81% 1,550 1,550 - PRADA Japan Co. Ltd 1,550 1.18% 775 775 - PRADA Japan Co. Ltd 7,749 0.47% - 7,749 - PRADA Japan Co. Ltd 1,860 0.93% 1,860 - - Kenon Ltd 62,045 4.48% 2,455 59,590 Prada Middle East 16,083 4.34% 4,289 11,794 - Tannerie Limoges Sas 2,500 1.20% 125 2,375 Pelletteria Ennepi Srl 125 2.50% 125 - - Hipic Prod Impex Srl 2,959 3.90% - 2,959-972,851 468,828 504,023 (1) PRADA spa Kenon ltd Old Bond Street Prada Tannerie Limoges sas PRADA spa 9 60 PRADA

65% 35% 56% 44% 41% 59% 27% 73% 22. 47,026 46,338 14,495 15,106 61,521 61,444 15 13,039 13,021 48,482 48,423 48.5 48.4 22.8 23.8 24.2 22.5 (TFR) 23,797 22,541 (13,021) 15,106 48,423 221 740-3,284 4,245 - - - (19) (19) (1,179) (66) - (3,989) (5,234) - 971 (17) 113 1,068 22,839 24,187 (13,038) 14,495 48,483 PRADA 61

23. 3,094 9,928 48,793 61,815 24 15 713 752 (686) (98) (275) (1,059) (1,069) (2,268) (2,624) (5,961) - 61 1,711 1,772 - (1,579) 1,545 (34) 1,363 6,059 49,863 57,285 PRADA spa PRADA spa PRADA spa PRADA Germany gmbh 24. 165.5 167.6 62 PRADA

25. 255,882 255,882 410,047 410,047 2,004,325 1,977,983 (4,103) (4,103) (4,830) (5,570) (10,193) (3,273) 19,370 (4,035) 105,668 217,721 2,776,166 2,844,652 PRADA spa 80% PRADA Holding spa 410-4 19.4 2,004.3 26.3 217.7 PRADA spa 191.9 105.7 217.7 www.pradagroup.com PRADA 63

26. 21,519 24,028 422 (2,190) (3,835) (1,014) (504) 296 - (13) 297 89 (225) 323 9 (33) - 17,641 21,519 27. 1,510,603 1,442,556 24,723 26,080 1,535,326 1,468,636 28. 386,544 365,403 76,250 68,843 (33,320) (54,251) 429,474 379,995 25.9% 28% 64 PRADA

29. 64,572 4.2% 66,786 4.5% 94,379 6.1% 82,587 5.6% 692,227 45.1% 679,606 46.3% 95,486 6.2% 92,825 6.3% 946,664 61.6% 921,804 62.7% 921.8 946.7 62.7% 61.6% 103,811 105,789 293,840 279,735 161,538 161,511 141,247 153,827 700,436 700,862 30. (7,756) (7,157) 3,931 2,882 19 (3) - (2,753) (2,372) (3,346) 6,638 (825) (881) (10,752) (890) PRADA 65

31. HK 1023 4.88% 302,000 357,000 32. 45,134 52,771 (1,560) (2,549) 43,574 50,222 29.3% 177,390 216,126 3,169 (15,310) 2,163 (1,657) 9 502 - - (334) (237) 469 1,561 (21,904) 184,547 177,390 104,149-100,620-541 1,414 94 1,412 47,426 8,729 46,405 9,048-15,170-15,071 37,977 587 38,078 437 8,828 1,471 9,416 2,024 3,752-3,627-2,651-1,306 593 9,259 2,217 8,986 2,214 995 1,443 870 1,213 215,578 31,031 209,402 32,012 66 PRADA

33. 105,668,240 115,741,559 2,558,824,000 2,558,824,000 0.041 0.045 191,911,800 182 10 34. 2,744 2,552 1,022 996 154 125 7,855 7,479 954 942 12,729 12,094 63,999 59,070 35,051 34,845 8,267 7,365 207,830 196,109 44,722 41,416 359,869 338,805 PRADA 67

272,307 255,790 16,194 16,213 57,022 54,456 14,346 12,346 359,869 338,805 PRADA Spa 255,882 - - - 410,047 A, B, C 410,047 - - 51,176 B - - - 182,899 A, B, C 182,899 - - 328,040 A, B, C 307,524-870,001 (4,831) - - - (6,064) - - - 900,470 870,001 A: B: C: 2431 20% 38/2005 7 20.5 68 PRADA

4.449 4.029 4.282 4.405 1.569 1.444 1.579 1.535 4.137 3.488 4.488 3.973 1.546 1.454 1.544 1.504 1.170 1.082 1.157 1.170 25.494 26.635 26.020 25.535 7.448 7.437 7.453 7.445 0.880 0.864 0.886 0.887 9.493 8.536 9.147 9.372 16,670.214 14,615.598 16,654.040 16,239.120 131.653 122.852 129.040 135.010 1,302.851 1,243.630 1,296.720 1,279.610 0.364 0.334 0.353 0.362 395.518 348.484 397.260 398.230 9.778 8.792 9.416 9.653 23.070 20.678 22.882 23.661 4.768 4.783 4.708 4.854 1.690 1.541 1.725 1.685 1.211 1.097 1.166 1.199 4.430 4.008 4.253 4.398 7.712 7.518 7.717 7.804 4.655 4.548 4.663 4.659 71.953 63.585 73.158 69.392 4.543 4.113 4.372 4.498 10.148 9.608 10.453 9.844 1.606 1.530 1.590 1.602 38.427 37.759 38.565 39.121 4.950 3.956 5.339 4.546 35.755 33.413 35.592 35.570 32.406 29.105 30.582 33.495 1.211 1.097 1.166 1.199 27,235.868 24,495.588 26,207.000 28,697.000 14.880 14.427 16.048 14.805 11.250 10.836 11.064 11.206 PRADA 69

35. PRADA Spa TFR Carlo Mazzi 510 - - 37 19 566 Miuccia Prada Bianchi 6,259 - - - 23 6,282 Patrizio Bertelli 6,259 - - - 23 6,282 Alessandra Cozzani 25 140 56 7 65 293 Stefano Simontacchi 25 - - - 1 26 Maurizio Cereda 30 - - - 1 31 Gian Franco Oliviero Mattei 73 - - - 13 86 Giancarlo Forestieri 33 - - - 5 38 33 - - - 8 41 13,247 140 56 44 158 13,645 PRADA Spa TFR Carlo Mazzi 1,510 - - 37 3 1,550 Miuccia Prada Bianchi 6,335 - - - - 6,335 Patrizio Bertelli 6,335 - - - - 6,335 Alessandra Cozzani 25 135 49 7 63 279 Stefano Simontacchi 25 - - - 1 26 Maurizio Cereda 25 - - - 1 26 Gian Franco Oliviero Mattei 75 - - - - 75 Giancarlo Forestieri 35 - - - 6 41 35 - - - 8 43 14,400 135 49 44 82 14,710 70 PRADA

36. 24 DFS Hawaii - - 516 - - DFS Venture Singapore (Pte) Limited - - 23 19 - DFS DFS Cotai limitada 200-733 - - Rubaiyat Modern Lux.Pr.Co.Ltd - - - 2,037 - STICHTING Prada (ex Stiching Fondazione Prada) 1 - - - - Progetto Prada Arte Srl 3 - - - - Luna Rossa Challenge 2013 Srl 653 787 18 62 - Chora Srl - 5,848 728 - - Premiata Srl 2-470 - - La Mazza Srl - - 3 - - Conceria Superior Spa 5-3,825 - - Perseo Srl - - 762 - - COR 36 Srl. 4 - - - - Al Tayer Group Llc - - 45 - - Al Tayer Insignia Llc 708-104 2,299 - Danzas Llc - - - 1 - Al Tayer Motors - - 1 - - Al Tayer Trends 12 - - - - Al Sanam Rent a Car Llc - - 2 - - TRS New Zealand Pty. Ltd - - 2 - - PRADA HOLDING Spa 115 - - - - Fratelli Prada Spa 10,210-1,770 - - PH-RE Llc - - - - 12,325 PRADA Spa - - - - 7,310 - - - - 573 11,913 6,635 9,002 4,418 20,208 PRADA 71

STICHTING Prada (ex Stiching Fondazione Prada) 1 - - - - Progetto Prada Arte Srl 3 - - - - Al Tayer Group Llc - - 10 - - Al Tayer Insignia Llc 354-35 2,235 - DFS Hawaii - - 670 - - DFS Venture Singapore (Pte) Limited - - 51 - - Luna Rossa Challenge 2013 Srl 512-18 65 - Chora Srl - 5,847 578 - - DFS DFS Cotai limitada 96-848 - - Al Tayer Trends 12 - - - - Al Tayer Motors - - 1 - - Al Sanam Rent a Car Llc - - 2 - - Peschiera Immobiliare Srl 8 - - - - Premiata Srl 7-657 - - Le Mazza Srl 48-128 - - Conceria Superior Spa 4-5,506 - - PRADA HOLDING Spa 54 - - - - Fratelli Prada Spa 12,158 118 923 - - Perseo Srl 8-1,421 - - LUDO Srl - 142 - - - Rubaiyat Modern Lux.Pr.Co.Ltd - - - 2,188 - PRADA Spa - - - - 7,094 - - - - 494 13,265 6,107 10,848 4,488 7,588 72 PRADA

DFS Hawaii - - 1,541 - DFS Venture Singapore (Pte) Limited - - 139 - DFS DFS Cotai limitada - - 2,493 - SPELM Sa - - 214 - Luna Rossa Challenge 2013 Srl 35 - (72) - Luna Rossa Challenge 2013 Srl (Sponsoring Agreement CCT) - - 9,213 - Chora Srl - - 990 - Peschiera Immobiliare Srl - (2) 277 - Premiata Srl - 504 350 - La Mazza Srl - 92 - - Conceria Superior Spa 6 9,997 57 - Perseo Srl - 829 - - COR 36 S.r.l. 1 - (14) - Al Tayer Group Llc - - 103 - Al Tayer Insignia Llc 569-71 - Danzas Llc - 11 52 - Al Tayer Motors - - (1) - Al Sanam Rent a Car Llc - - 5 - PRADA HOLDING Spa - - (54) - LUDO Srl - - 671 - PH-RE Llc - - 10,143 - Fratelli Prada Spa 10,183 49 970 301 - - 412-10,794 11,480 27,560 301 PRADA 73

DFS Hawaii - - 1,705 - DFS Hong Kong Limited - - 2 - DFS New Zealand Limited - - 66 - DFS Venture Singapore (Pte) Limited - - 132 - DFS Cotai limitada - - 2,307 - SPELM Sa - - 270 - Luna Rossa Challenge 2013 Srl - - 5,984 - Chora Srl - - 1,099 - Peschiera Immobiliare Srl - - 277 - Premiata Srl - 624 333 - Le Mazza Srl - 659 - - Conceria Superior Spa 4 12,953 22 - Perseo Srl - 1,119 - - PABE-RE Llc - - 9,243 - Al Tayer Group Llc - - 10 - Al Tayer Insignia Llc 643-113 - Danzas Llc - 330 20 - Al Sanam Rent a Car Llc - - 6 - PRADA HOLDING Spa - - (36) - Fratelli Prada Spa 15,347 227 1,237 458 PRA 1 Srl - - 672 - - - 381-15,994 15,912 23,843 458 24 PH-RE llc PABE-RE llc PABE-RE llc PRADA Japan Co. Ltd (Aoyama buildings) A Prada Aoyama Miu Miu Aoyama PRADA spa Fratelli Prada spa Fratelli Prada spa Prada A PRADA spa Luna Rossa Challenge srl A 74 PRADA

PRADA spa 36 A A A PRADA 75

37. 438,550 411,323 1,160,703 1,166,798 940,709 1,038,987 2,539,962 2,617,108 142,575 155,076 161,538 161,511 304,113 316,587 5,537 6,105 12,552 14,167 577 759 18,666 21,031 54.7 76 PRADA

38. (*) 2,741,095 3,184,069 3,547,771 3,551,696 3,587,347 2,030,696 2,289,112 2,567,565 2,550,579 2,648,649 (EBIT) 315,878 431,181 502,893 701,551 939,237 217,721 278,329 330,888 450,730 627,785 4,739,375 4,656,929 4,756,555 4,738,877 3,888,292 1,873,204 1,552,399 1,659,178 1,720,730 1,186,752 2,844,652 3,080,502 3,080,340 3,000,737 2,687,554 (*) 39. PRADA Spa 255,882 Artisans Shoes Srl (*) 1,000 66.7 02/09/1977 IPI Logistica Srl (*) 600 100 01/26/1999 Pelletteria Ennepì Srl (*) 93 80 12/01/2016 Church Italia Srl 51 100 01/31/1992 Marchesi 1824 Srl (*) 1,000 100 07/10/2013 PRADA 77

PRADA Retail UK Ltd (*) 5,000 100 01/07/1997 PRADA Germany Gmbh (*) 215 100 03/20/1995 PRADA Austria Gmbh (*) 40 100 03/14/1996 PRADA Spain Sl (*) 240 100 05/14/1986 PRADA Retail France Sas (*) 4,000 100 10/10/1984 PRADA Hellas Sole Partner Llc (*) 2,850 100 12/19/2007 PRADA Monte-Carlo Sam (*) 2,000 100 05/25/1999 PRADA Sa (*) 31 100 07/29/1994 PRADA Company Sa 3,204 100 04/12/1999 PRADA Netherland Bv (*) 20 100 03/27/2000 Church Denmark Aps 50 100 03/13/2014 Church Holding UK Ltd (*) - 100 07/22/1999 Church France Sas 2,856 100 06/01/1955 Church UK Retail Ltd 1,021 100 07/16/1987 Church s English Shoes Switzerland Sa 100 100 12/29/2000 Church & Co. Ltd (*) 2,811 100 01/16/1926 Church & Co. (Footwear) Ltd 44 100 03/06/1954 Church English Shoes Sa 75 100 02/25/1963 PRADA Czech Republic Sro (*) 2,500 100 06/25/2008 PRADA Portugal Unipessoal Lda (*) 5 100 08/07/2008 PRADA Rus Llc (*) 250 100 11/07/2008 Church Spain Sl 3 100 05/06/2009 PRADA Bosphorus Deri Mamuller Ltd Sirketi (*) 73,000 100 02/26/2009 PRADA Ukraine Llc (*) 240,000 100 10/14/2011 Church Netherlands Bv 18 100 07/07/2011 Church Ireland Retail Ltd 50 100 11/20/2011 Church Austria Gmbh 35 100 01/17/2012 PRADA Sweden Ab (*) 500 100 12/18/2012 Church Footwear Ab 100 100 12/18/2012 PRADA Switzerland Sa (*) 24,000 100 09/28/2012 PRADA Kazakhstan Llp (*) 500,000 100 06/24/2013 Kenon Ltd (*) 84,000 100 02/07/2013 Tannerie Limoges Sas (*) 600 60 08/19/2014 PRADA Denmark Aps (*) 26,000 100 05/19/2015 PRADA Finnish Oy (*) 3 100 11/09/2015 PRADA Belgium Sprl (*) 1,800 100 12/04/2015 Hipic Prod Impex Srl (*) 200 80 04/15/2016 78 PRADA

PRADA USA Corp. (*) 152,211 100 10/25/1993 TRS Hawaii Llc 400 55 11/17/1999 PRADA Canada Corp. (*) 300 100 05/01/1998 Church & Co. (USA) Ltd 85 100 09/08/1930 Post Development Corp. (*) 45,138 100 02/18/1997 PRADA Retail Mexico, S. de R.L. de C.V. PRADA Brasil Importação e Comércio de Artigos de Luxo Ltda (*) PRM Services S. de R.L. de C.V. (*) PRADA Panama Sa (*) 269,058 100 07/12/2011 210,000 100 04/12/2011 7,203 100 30 100 PRADA Retail Aruba Nv (*) 2,011 100 02/27/2014 09/15/2014 09/25/2014 PRADA St. Barthelemy Sarl (*) 1,220 100 04/01/2016 PRADA Asia Pacific Ltd (*) 3,000 100 09/12/1997 PRADA Taiwan Ltd 3,800 100 09/16/1993 PRADA Retail Malaysia Sdn. Bnd. (*) 1,000 100 01/23/2002 TRS Hong Kong Ltd 500 55 02/23/2001 PRADA Singapore Pte Ltd (*) 1,000 100 10/31/1992 TRS Singapore Pte Ltd (*) 500 55 08/08/2002 PRADA Korea Llc (*) 8,125,000 100 11/27/1995 PRADA (Thailand) Co. Ltd (*) 372,000 100 06/19/1997 PRADA Japan co Ltd (*) 1,200,000 100 03/01/1991 TRS Guam Partnership 1,095 55 07/01/1999 TRS Saipan Partnership 1,405 55 07/01/1999 PRADA Australia Pty Ltd (*) 13,500 100 04/21/1997 PRADA Trading (Shanghai) Co. Ltd 1,653 100 02/09/2004 TRS Okinawa KK 10,000 55 01/21/2005 474,950 100 10/31/2005 Church Japan Company Ltd 100,000 100 04/17/1992 Church Hong Kong Retail Ltd 29,004 100 06/04/2004 Church Singapore Pte Ltd 7,752 100 08/18/2009 Prada Dongguan Trading Co. Ltd Church Footwear (Shanghai) Co. Ltd 8,500 100 31,900 100 11/28/2012 12/05/2012 PRADA New Zealand Ltd (*) 3,500 100 07/05/2013 PRADA Vietnam Limited Liability Company (*) 66,606,570 100 09/09/2014 PT PRADA Indonesia (*) 3,023,844 100 10/15/2014 PRADA Macau Co. Ltd 25 100 01/22/2015 PRADA 79

PRADA Middle East Fzco (*) 18,000 60 05/25/2011 PRADA Emirates Llc (**) 300 29.4 08/04/2011 PRADA Kuwait Wll (**) PRADA Retail Wll (*) PRADA Saudi Arabia Ltd (*) 50 29.4 09/18/2012 15,000 100 02/03/2013 26,666 75 07/02/2014 PRADA Maroc Sarlau (*) PRADA Retail South Africa (Pty) Ltd (*) 95,000 100 11/11/2011 50,000 100 09/06/2014 * PRADA Spa ** 10 40. 12 Artisans Shoes Srl. 66.7 34,240 7,905 29,887 941 (816) TRS Hawaii Llc 55 6,756 3,822 6,286 (19) - TRS Hong Kong Ltd 55 50,633 577 - (34) (2,371) TRS Singapore Pte Ltd 55 2,041 1,495 1,708 285 (560) TRS Guam 55 8,915 7,832 5,299 434 - TRS Saipan 55 4,248 3,766 2,402 435 - TRS New Zealand Pty. Ltd 55 - - - - (88) TRS Okinawa 55 969,955 817,908 531,369 56,870 - TRS MACAU 55 151,759 88,983 138,463 19,748 - Prada United Arab Emirates 29.4 292,000 (98,604) 102,959 (26,501) - Prada Middle East FZCO 60 444,094 183,583 96,769 (516) - Prada Kuwait 29.4 7,657 648 4,478 448 - Prada Saudi Arabia 75 74,057 15,225 31,516 (2,294) - Tannerie Limoges Sas. 60 9,155 369 2,654 (51) - Hipic Prod Impex Srl 80 17,978 (545) - (559) - Pelletteria Ennepì Srl 80 6,749 2,387-166 - 41. 80 PRADA