Information found on page 63-64.

'2001, the Company has established a Supervisory Body, endowed with autonomous powers of initiative and control, whose primary task is to ensure the functioning, effectiveness, implementation and updating of the organizational, management and control model adopted by the Company pursuant to the aforementioned legislative decree for the control of risks and the prevention of predicate crimes of various kinds and in different areas - including bribery and money laundering - by persons who exercise (by law or de facto) functions of representation, administration or management of the Company.'

'In 2020, with the aim of better integrating the control activities carried out along the supply chain, in addition to having formalized a dedicated procedure, the supplier audits initiated in 2019 were continued and stepped up to ensure the protection of human rights, fair working conditions, and health and safety. The activity involves various company functions and has created an interdisciplinary team. Being aware that first-tier suppliers use subcontracting and of the reputational and legal risks associated with that, during 2020 the controls were completed at the suppliers of the Leather Goods Division, and then continued at those of the Footwear Division. Next year, the activity will therefore be completed on the supply chain of the Footwear Division and will be extended to the Clothing Division.'

'Although the Prada Group considers the risk of noncompliance throughout its direct supply chain to be low, thanks to its geographical location and the duration that first-tier suppliers use subcontracting, and of the reputational and legal risks associated with that, including in terms of human rights. For this reason, in 2019 the Group set up a “Supplier Inspectorate” to tighten the controls over the supply chain and respond to the growing demand for transparency and accountability in the production and sourcing practices. The Group formalized the inspecting activity in July 2020 with a dedicated procedure.'

'The inspection plan includes a risk assessment, conducted in the first phase by the various managers, also according to the composition of the industrial supply chain in terms of supply and subcontracting, and any critical issues detected by them or by the functions responsible for the second-level controls during the periodic inspections required by the Qualified Vendor List procedure. The analysis performed during the inspections, which follow a six-month schedule, completes other controls carried out in previous phases and those foreseen by the Qualified Vendor List procedure, thus strengthening the control over the industrial supply chain, ensuring compliance with the Code of Ethics and current regulations. The results of the inspections are reported to the various managers so that a corrective action plan (Remediation Plan) can be drawn up in the event of breaches or partial breaches of the criteria standards, and corrective actions are identified that the supplier must implement over a period of time that varies according to the irregularity found. In the event of serious breach, or the supplier's inability to ensure a positive outcome in the prescribed time, termination of the supply relationship is evaluated.'