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                              PARTNERSHIP AGREEMENT

Milan, 7th October 2010 – Ermenegildo Zegna, CEO of the Zegna Group, and Gino Macaluso, majority
shareholder of Sowind Group, which heads Girard-Perregaux and Jeanrichard, announce a partnership
agreement for the design and production of Ermenegildo Zegna Watches.

Ermenegildo Zegna will utilise the know-how of the Sowind Group in the design, production and services to
develop a specific collection of watches that reflect the tradition, style and values of Ermenegildo Zegna,
which are identified fully in the technical and quality parameters of Swiss high end watch making.
The Ermenegildo Zegna Watch Collection will be available exclusively from Ermenegildo Zegna Flagship
Stores around the world from 2011. The agreement is long term, as is always necessary in the Haute
Horlogerie sector.

This partnership unites two sectors, Fashion and Haute Horlogerie, who may seem different yet share the
same constant quest for perfection and the global mastery of a distinct expertise. The relationship between
Gildo Zegna and Gino Macaluso is founded on common affinities in which the research of excellence,
innovation and professional ethics prevail.

Gildo Zegna CEO of the Ermenegildo Zegna Group said: “After the successful launch of the Centennial
Limited Edition Watch developed in cooperation with Girard Perregaux, the natural progression was to
consolidate our partnership and embark on a new adventure.
The concept is to create a range of Ermenegildo Zegna watches, made exclusively in Switzerland, of very
specific design, which is precisely what our clients need and expect from our brand.
The collaboration with Sowind, with whom we share beliefs and philosophy, will utilize the specific know-
how of the Swiss watch making sector, to further complete the Zegna world and consolidate our position as
the leader in men’s luxury”

Gino Macaluso CEO of Sowind Group said “This partnership is an interesting tale of two families whose
commitment and work ethic have become their own life philosophy, and who have chosen to travel together
along a new mutual path while still maintaining their own identities.
I am sure that from our side working with the fashion world will be a very informative experience. The
incredible qualitative values of style and Italian know-how will merge well with the uniqueness and
excellence of the top end Swiss watch making.”

Ermenegildo Zegna Group
The Ermenegildo Zegna Group is the world leader in luxury men's clothing. Founded in 1910 in Trivero, in
the Biella Alps, by the young entrepreneur Ermenegildo, whose vision was to ethically create the world’s
finest textiles through innovation, sourcing the noblest fibres directly from their markets of origin.

Managed today by the fourth generation of the Zegna family, the company this year celebrates its
Centennial. Since the end of the 90’s the company has accomplished a comprehensive strategy of
verticalisation, creating a Global Luxury Brand which now ranges from fabric to clothing to accessories -
and focused on retailing, pioneering early entry in emerging luxury markets, BRIC and Asia in particular,
and was the first luxury brand to open a monobrand store in China in 1991.

Worldwide there are 555 Ermenegildo Zegna points of sale in 86 countries, of which over 300 are direct
operating stores.

Sowind Group
Sowind Group, owner of the Girard-Perregaux and JeanRichard Brands, is a Swiss fully verticalized
company who develops and manufactures all types of Haute-Horlogerie movements and top-of-the-range
watches. Sowind Group has registered over 80 exclusive patents.
Girard-Perregaux, founded in 1791, will celebrate next year its 220th anniversary. Girard-Perregaux is still
manufacturing its famous Tourbillon with three gold Bridges, created by Constant Girard around 1850, a
genuine icon in the Swiss Haute Horlogerie history.

For further information please contact:
Ermenegildo Zegna Group Press Office
Magda De Santis : Tel. +39 02 422091 –
Sergio Vicario (Metafora). Tel. +39 02 71040091 – Mob. +39 348 9895170 –

Sowind Group Press Office
Marie-Alexandrine Leibowitch: Tel. +41 32 911 3333 –

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