ERMENEGILDO ZEGNA N V

Ticker: ZGN CUSIP: N30577105 Class: None

OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001005607)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 699,321 Value ($000) $7,168 Avg Close $10.21 Range $8.64 - $11.00

Q3 2025

Shares 717,646 Value ($000) $6,782 Avg Close $8.70 Range $7.61 - $9.79

Q2 2025

Shares 710,238 Value ($000) $6,073 Avg Close $8.06 Range $6.05 - $9.19

Q1 2025

Shares 673,515 Value ($000) $4,984 Avg Close $8.25 Range $7.07 - $9.68

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	699,321	$7,168	$10.21	$8.64 - $11.00
Q3 2025	717,646	$6,782	$8.70	$7.61 - $9.79
Q2 2025	710,238	$6,073	$8.06	$6.05 - $9.19
Q1 2025	673,515	$4,984	$8.25	$7.07 - $9.68