Temasek Holdings and Subsidiaries Acquire Significant Stake in Ermenegildo Zegna N.V.

Temasek Holdings (Private) Limited, along with its subsidiaries Tembusu Capital Pte. Ltd., Napier Investments Pte. Ltd., and Venezio Investments Pte. Ltd., have collectively acquired a 10% stake in Ermenegildo Zegna N.V. The acquisition includes 12,699,981 ordinary shares purchased in open market transactions and 14,121,062 ordinary shares acquired through a share purchase agreement. The total consideration for these transactions amounts to approximately $234 million. The Reporting Persons have entered into a joint filing agreement and have disclosed their investment purposes, indicating they may acquire additional securities or engage in discussions with the Issuer's management and board. The filing also outlines various agreements, including a lock-up period, nomination rights, and registration rights, which provide Venezio Investments with certain privileges and restrictions regarding the shares acquired.