THE PR ADA GROUP ’S
ANIMAL WELFARE P OLICY

— Index

1. VISION AND GOALS

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2. GOVERNANCE

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3. CORE PRINCIPLES

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4. ANIMAL WELFARE COMMITMENTS

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5. ANNEX

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— Vision and Goals
The Prada Group (the “Group” or “Prada”, meaning
here Prada S.p.A. and its subsidiaries) recognizes that
contributing to safeguarding the planet requires taking
bold actions to protect nature.
As stated in the Group’s Sustainability Policy, approvedby the Board of Directors of Prada S.p.A. on March 15,
2019, Prada commits to operate in full respect of theenvironment, as well as through the responsible selection
and purchasing of raw materials.
The best quality raw materials are of primary importancefor all the Prada Group’s brands. The understanding offibers and materials and their strengths is rooted in thedesign and development process, and the Group takes
great care in sourcing the right materials from responsible
sources and suppliers, addressing the potential impacts
on biodiversity.
For these reasons, the Group aims to achieve the highest
standards of animal welfare within all its animal-based
supply chains as it is aware of the importance andevolution of wildlife conservation. The Group is fullycommitted to complying with all applicable national andinternational laws and regulations and strictly complies
with the Convention on International Trade in Endangered
Species of Wild Fauna and Flora (CITES) and the EU
Regulation on the protection of species of wild fauna andflora (EC Regulation No. 338/97).
To meet these commitments to nature and its ecosystems,
the Group aims to source animal fibers and materials only
from responsible supply chains through robust verification
schemes, with measurable metrics and built-in traceability.
The Group recognizes brands’ positions within the value
chain and the opportunity to improve industry practices
by selection of trustworthy suppliers and building
knowledge and capacity in collaboration with suppliers
and other stakeholders. The Group aims to carefully
consider and refine selection of animal materials based on
availability of best-practices within the industry.
The publication of this Animal Welfare Policy (the "Policy")
is an important first step and opportunity for the PradaGroup to formally set out the policies and principles
that the Company has adopted to promote the welfareof animals. The Group recognizes that improvementof animal welfare is a constant and evolving process,and that supply chain transparency, traceability and
THE PRADA GROUP’S ANIMAL WELFARE POLICY

management are integral to driving change in the Group’sbusiness. To begin this journey, Prada has the clear goalof mapping every step of all animal-based materials’
supply chains to understand both risks and risk mitigation
opportunities. In order to create a measurable impact, theGroup will employ a phased approach, focusing on thematerials sourced in higher volumes and further adopting
the principles set out in this Policy for other materials overtime.
This Policy should be read alongside other relevant
policies, including but not limited to the Group’s Code of
Ethics, the Sustainability Policy, and the Suppliers Code of
Conduct.

— Governance
The Policy takes effect on April 01, 2024, and allGroup brands are expected to comply with the setof principles and guidance laid out. CSR & Industrial
Sustainability Department and Heads of Procurement
are responsible for the implementation of the Policy,
exercising reasonable oversight with respect to its
adequacy and effectiveness.
This Policy applies to all business activities carried out
by the Prada Group. The Group expects its business
partners to respect the principles and content of thisPolicy, which is addressed to all raw material andmanufacturing suppliers of animal origin (hereinafterreferred to as "suppliers"). Suppliers are expected
to be responsible for ensuring their compliance with
the Policy, as well as disseminating it and requiring
compliance with it by their employees, suppliers,
external contractors and other persons who are partof the Group's supply chain. Suppliers are required
to confirm their acceptance and effort to implement
it by signing supplying contracts. This Policy provides
information and operational guidance that will
enable suppliers to meet the Prada Group’s highsustainability and welfare standards.
The Group expects all its suppliers to be aware of
the Group’s Animal Welfare Policy and to commit toworking towards the Five Domains Principles. The
Group expects active participation and collaboration
to improve traceability of materials and verification ofanimal welfare practices.

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In order to ensure compliance with this Policy, theGroup undertakes regular compliance checks toactively assess and prevent potentially harmful
practices in its operations. This policy will be reviewed
on an annual basis to incorporate updates suchas legislation and industry development including
availability of certified materials and to respond toscientific evidence and best practices of animal welfare.
The list of certifications and protocols requested andapplicable to animal-based materials sourced by theGroup is to be reviewed on an annual basis.

— Core Principles
The Group considers the principles of the Five Domains(please refere to "Annex") as the basic guidance to direct
efforts of improving animal welfare practices. The
Group rejects any kind of cruel farming practices suchas mulesing, steining or live plucking.
The Group aims to source certified materials where
animal welfare is a priority, including where animals
are raised on pasture or rangeland with good nutrition,
health care and handling, high standards for animaltransport and humane end of life. Besides integrating
animal welfare principles into the Group’s value chain
by sourcing certified materials and engaging closely withtrusted suppliers to further build sustainable practices,
food industry collaborations are sought to reduce
environmental impact by sourcing co-products of thefood industry. The Group has excluded altogether theuse of fur, in agreement with the Fur Free Alliance, since
Spring Summer 2020 Women’s Collection, as well as
kangaroo leather from 2020, and is committed to phaseout in the future other animal-based materials whose
sourcing - according to scientific evidence- is not alignedwith this Policy.
At the time of publication of this Policy, the Prada Group
committed to phase out angora from its material list andis developing alternatives with partners in the supply
chain. Existing stocks will be sold until used up.
The Group is aware of the various challenges and risks
associated with certain materials such as leather fromexotic and wild animals that are not domesticated.
These materials do not have industry practises yet
established that accommodate the specific welfare
needs of the animals involved, and therefore the Groupwill take special consideration of these materials and

THE PRADA GROUP’S ANIMAL WELFARE POLICY

consider which materials it is appropriate to continue
to use within Group collections, based on whether they
are able to be sourced according to the Group’s highexpectations for welfare.

— Animal Welfare
Commitments
The following section outlines the range of animal-basedmaterials sourced by the Group and the requested andapplicable standards that are prioritized by the Groupaccording to its volume and relevance. Chosen standard
schemes are selected based on their performanceand must contain sound criteria across the key areasof traceability, transparency, quality of animal welfare
practices and verification methodology.
Sourcing certified materials with a chain of custody thatcan demonstrate a commitment to animal welfare at
farm level supports the Group's ambition to ensure thatall key materials are 100% traceable by 2026 at least to
slaughterhouse or killing facility.
The key materials reflect the priority level of theGroup’s efforts to implement sustainable sourcing. Key
materials include foremost bovine and ovine leather,wool and cashmere. The Group will showcase theamount of certified material coverage in its annual
Sustainability Report, starting from 2023 data on
leather.

Leather
Bovine (Cattle & Calf)
Ovine (Sheep & Lamb) and Caprine (Goat)
Leather is an iconic material for the Prada Group andremains one of the most important raw materials
sourced. The Group considers leather sourcing an
opportunity to cooperate with the food industry andaims to source leather as a co-product of the foodindustry. The Group is well aware of the environmental
and social challenges across the long and diverse
leather supply chain (from farm to slaughterhouse,tannery and further processing). Therefore, the Groupis committed to ensure that its leather is sourced in
the most responsible and sustainable manner, where
there is accountability for reducing the negative impacts
associated with livestock production, both on the
animal and the planet, such as cruel practices during

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transport and slaughter and the risk of deforestation
due to increased grazing and intensive farming. The
Group is aware that leather traceability is an industrywide issue. Therefore, the Group has commenced
a supply chain mapping programme for its leather,engaging with tanneries to record upstream data backto slaughterhouse and farm level.
Leather is purchased from selected tanneries following
criteria that meet environmental, traceability and social
parameters for production. The Group is aiming tosource from tanneries adopting primarily the following
schemes:— Leather Working Group (LWG)— Institute of Quality Certification for the Leather
Sector (ICEC)

Wool and Hair
Wool is the second most relevant animal-derived
raw material for the Group after leather. The Group
understands that wool and hair are produced for themain purpose of textile industry and aims for products
to originate from fully traceable supply chains in orderto guarantee respect of high standards of animal
welfare. Such criteria are verified through certifications
schemes and audits. The key products to the Group are
Merino Wool and Cashmere, with use of Alpaca, Camel,
Mohair and Vicuna in small variety of products. Goat
hair is used as minor component in technical products,
such as fillers, reinforcements and linings.
Wool
The Group relies on the following standard schemes forwool sourcing:— Responsible Wool Standard (RWS)— Nativa— ZQ Merino
The Group aims to achieve full disclosure of certificationlevels of their wool materials and target 100% mulesingfree suppliers.
Cashmere, Goat, Vicuna, Mohair and Alpaca
The Group prioritizes the use of certified cashmere(including increasing the volume of recycled cashmere),

THE PRADA GROUP’S ANIMAL WELFARE POLICY

mohair and alpaca through the following initiatives andstandards:— Sustainable Fiber Alliance (SFA)— The Good Cashmere Standard— Responsible Mohair Standard (RMS)— Responsible Alpaca Standard (RAS)— Authentico
Down and Feathers
Down and feathers are the Group's third most usedanimal-derived material, mainly used for down jacket
fillings. The term ‘down’ refers to the soft layer offeathers close to the skin of duck or goose. The Group
recognizes risks from intensive farm production, which
may include cruel practices such as live plucking, billtrimming and overall poor animal husbandry.
Down
The Group sources down from Responsible Down
Standard (RDS) suppliers. The Textile Exchange’s
certification sets strict criteria to ensure the welfare of
the birds from hatching to the end of their lives.
Ostrich feathers
The Group is committed to fully tracing its supply
chain of ostrich feathers and only source from South
African Ostrich Business Chamber (SAOBC) certified
suppliers. The Group is aware that the standard is
yet facing full deployment and still requires attention
regarding robustness and establishment of a chain ofcustody. The Group is prepared to actively engage withits direct suppliers and if needed assist in implementing
important practices in order to improve industry
standards.
Other feathers
Other feathers sourced from junglefowl, and turkey areused for decorative purposes.

Exotic Skins
Prada sources different species of exotic skins, themajority of which belongs to species regulated under
the CITES convention. These materials are derived

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from farmed ostriches and reptiles that are either
farmed or wild-caught animals.
The Group is committed to sourcing only exotic
leather that is certified to ensure that endangered
species are not harmed and that main principles ofreptile harvesting are followed. The Convention on
International Trade in Endangered Species (CITES),
which ensures that wild flora and fauna are notexploited in international trade, is regarded as a key
element for sourcing exotic skins. The Group relies
on its suppliers to provide a valid CITES permit orverification to demonstrate compliance with CITES
requirements. For both CITES and non-CITES species,
country of origin and upstream supply chain data
is essential to validate the level of risk, therefore,
information on the originary source (country of origin,name and location of killing facility and wild vs farmed
animals) of the animals is mandatory.
The Group will look to support multi-stakeholder
initiatives that are relevant for their sourcing ofreptiles, crocodilians and ostriches, and work withinthese forums to support their development as well as
best available sourcing practices for these animals.
Such initiatives include the Southeast Asian Reptile
Conservation Alliance (SARCA) and the International
Crocodilian Farmers Association (ICFA) which theGroup is already actively supporting. The Group's
suppliers are required to source only from certified
upstream facilities and/or are asked to support second
party verification in their upstream supply chain where
no certification or protocol is available.

THE PRADA GROUP’S ANIMAL WELFARE POLICY

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— Annex
The Five Domains Model
The Five Domains Model now provides an explicit means to effectively and systematically evaluate the animal welfare
implications of a wide range of human–animal interactions.

GENERAL WELFARE AIMS

FOCUSING WELFARE TARGETS

PROVISIONSGood Nutrition

To minimise thirst and hunger andenable eating to be a pleasurable
experience.

By providing ready access to fresh
water and a species-appropriate dietto maintain full health and vigour.

Good Physical Environment

To minimise discomfort andexposure to adverse environmental
conditions and to promote physical
comfort.

By providing appropriate outdoor
access and suitable shelter against
adverse weather conditions, and/or housing with different functional
areas, comfortable resting areas,
and good air quality.

Good Health

To minimise pain, disease, andother discomforts and to promote
the pleasures of vigour, strength,
robustness, and harmonious
physical activity.

By preventing or rapidly diagnosing
and treating diseases and injuries,
and by stimulating, among others,
proper muscle tone, natural body
posture, cardiorespiratory function,and digestive system processes.

Appropriate BehaviouralInteractions

To minimise threats and unpleasantrestrictions on behaviour andmovement, and to promote
engagement in rewarding activities.

By providing sufficient space,conspecific company, humaninteractions that are adapted to theindividual needs and appropriately
varied conditions to allow for
species-specific behaviouralexpression.

Positive mental experiences

To promote the experience of various By providing safe and speciesforms of comfort, pleasure, interest, appropriate environmental,
confidence, and a sense of control.
conspecific, and human interactive
opportunities to have pleasurable
experiences.

THE PRADA GROUP’S ANIMAL WELFARE POLICY

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Certifications
Leather Working Group (LWG)
LWG has introduced an auditing protocol andcertification system for tanneries. Overall, this covers
raw material traceability, environmental management
systems, restricted substances, energy consumption,water usage, air and noise emissions, waste
management, and effluent treatment. Bronze, silver orgold level are assigned related to the level of maturity ofthe tanneries. Animal welfare is not part of the auditing
process. Currently, LWG is evaluating steps to introduce
a roadmap to traceability back to farm level.
Institute of Quality Certification for the Leather
Sector (I.CE.C)
I.CE.C has prepared two leather traceability
certification variations, which are each applicable tofarmed or wild species and to split leather:— Products system in tanneries: a wide range of

products is included in the analysis. Traceabilityof the hides upstream of the tannery is mapped,
traceability checks of the production phases ofthese hides in the tannery are not included.

— Single products in tanneries: analysis of a single

product or a single homogeneous product.
Traceability of the skins upstream of the tannery
is mapped. Verification of the traceability of the
production phases of these skins in the tannery is
included in the analysis.

The relative rating of both schemes specifies the degreeof traceability of raw materials upstream of the tannery.
Responsible Wool Standard (RWS)
RWS is an international, voluntary standard that
addresses animal welfare in sheep farms and includes
a chain of custody of wool from certified farms to
the final product. The scheme includes third-party
certification of individual sites using annual audits andmaterial is tracked from the farm to the final product.
NativaThe Nativa Protocol aims to provide traceability,
sustainability and animal welfare in wool production
and is limited to manufacturing in Argentina, Uruguay,
United States, New Zealand and Tasmania. Every stepof the supply chain is included in the protocol. The

THE PRADA GROUP’S ANIMAL WELFARE POLICY

assessment includes animal welfare, land management
and corporate social responsibility.
ZQ
ZQ is a farm certification programme established by
NZM in 2007 and was the first such programme in
the world to require growers to meet strict standards
with regards to animal welfare, environmental integrity,social responsibility, fibre quality, and traceability. ZQ isaligned with the Responsible Wool Standard (RWS).
The Good Cashmere Standard (GCS)The Good Cashmere Standard® (GCS) is anindependent standard for sustainable cashmere,developed by the Aid by Trade Foundation (AbTF),
which follows a holistic approach and aims to improve
the welfare of cashmere goats, the working conditionsof farmers and to protect the environment.
Sustainable Fibre Alliance (SFA) Cashmere Standard
The Sustainable Fibre Alliance is a global multistakeholder initiative aiming to ensure the long-term
viability of the cashmere sector. The SFA’s Sustainable
Cashmere Standard comprises three VoluntaryStandards and a Chain of Custody programme that work
together to achieve the SFA’s targets to improve socialand environmental performance in the production of
cashmere. The Cashmere Standard includes various
stakeholders and is based on extensive researchand consultation with herder cooperatives, national
government, industry experts and conservationists.
Responsible Mohair Standard (RMS)
Textile Exchange launched the Responsible Mohair
Standard (RMS) with the goal to provide the industry
with a tool to recognize the best practices of farmers
for mohair. This helps ensuring that mohair comes fromfarms that have a progressive approach to managing
their land, practice respect and diligence for animal
welfare of the goats and respect the Five Freedoms ofanimal welfare.
Responsible Alpaca Standard (RAS)
The international standard “The Responsible Alpaca
Standard (RAS)” by Textile Exchange targets the animal
welfare practices at alpaca farms and ensures thatcertified farms adopt the Five Freedoms of animal
welfare along with land management and social welfare
at the farms. The standard also includes a chain ofcustody content claim certification.

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Responsible Down Standard (RDS)
Textile Exchange’s Responsible Down Standard (RDS) isan international, voluntary standard that targets animal
welfare in the duck and geese supply chain and chainof custody of down and feather material from certified
farms to the final product.
CITES
The CITES permit system aims to prevent and regulate
the trade of endangered species as specified in thethree Appendices of the Convention. The national
CITES Management Authority issue the permits andcertificates to traders/brands. CITES does not coveran animal welfare certification scheme but traces theorigin of animal materials.
International Crocodilian Farmers Association (ICFA)The ICFA Standard covers crocodile health, welfare andbiosecurity, responsible use of medicines, traceability,
personnel competence and environmental andemergency management. All farming activities of ICFA
members must be certified within 3 years of joining the
Association Annual audits are undertaken by trained
and approved auditors.

THE PRADA GROUP’S ANIMAL WELFARE POLICYSoutheast Asian Reptile Conservation Alliance(SARCA)SARCA is currently developing a Responsible Reptile
Sourcing Standard (RRSS) aiming to regulate the reptiles
bred for their skin. The RRSS standard is based on four
principles, business integrity, animal welfare, social
responsibility, and environmental responsibility. The
scope covers farms and facilities involved in capturing,processing and also humane killing of animals.
South African Ostrich Business Chamber (SAOBC)SAOBC has developed the only available best
management guidelines for ostrich farming. The
best practice guidance includes general management
processes, resource requirements of caretakers andfacilities, correct husbandry, handling, transportationand transparency.

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