Exhibit 8.1
| Company | Jurisdiction | |
| Companies Consolidated Line-by-line | ||
| In.co. S.p.A. | Italy | |
| Lanificio Ermenegildo Zegna e Figli S.p.A. | Italy | |
| Ezi S.p.A. | Italy | |
| Bonotto S.p.A. | Italy | |
| Cappellificio Cervo S.r.l. | Italy | |
| Thom Browne Services Italy S.r.l. | Italy | |
| Thom Browne Retail Italy S.r.l. | Italy | |
| Gruppo Dondi S.p.A. | Italy | |
| Tessitura Ubertino S.r.l. | Italy | |
| EZ Service S.r.l. | Italy | |
| Ezesa Argentina S.A. | Argentina | |
| Ermenegildo Zegna Australia PTY LTD | Australia | |
| Ermenegildo Zegna H.m.b.H. | Austria | |
| Ezesa Brasil Participacoes LTDA | Brazil | |
| Ermenegildo Zegna Canada Inc. | Canada | |
| Thom Browne Canada | Canada | |
| Investindustrial Acquisition Corp. | Cayman Islands | |
| Tailoring Luxury Co., Ltd. | China | |
| Ermenegildo Zegna (China) Co., LTD | China | |
| Zegna (China) Enterprise Management Co., Ltd. | China | |
| Ermenegildo Zegna Czech S.r.o. | Czech Republic | |
| EZ US Holding Inc. | Delaware, United States | |
| Thom Browne Inc. | Delaware, United States | |
| Fantasia (London) Limited | England and Wales | |
| Thom Browne UK Limited | England and Wales | |
| Société de Textiles Astrum France S.à.r.l. | France | |
| Thom Browne France Services | France | |
| Ermenegildo Zegna GmbH | Germany | |
| E.Zegna Attica Single Member Societé Anonyme | Greece | |
| Ermenegildo Zegna Hong Kong LTD | Hong Kong | |
| Ermenegildo Zegna (Macau) LTD | Hong Kong | |
| Thom Browne (Macau) Limited | Hong Kong | |
| Zegna South Asia Private LTD | India | |
| Thom Browne Japan Inc. | Japan | |
| Zegna Japan Co., LTD | Japan | |
| Ermenegildo Zegna Malaysia Sdn. Bhd. | Malaysia | |
| Ermenegildo Zegna S.A. de C.V. | Mexico |
| Company | Jurisdiction | |
| Ermenegildo Zegna Maroc S.A.R.L.A.U. | Morocco | |
| Ermenegildo Zegna Corporation | New York, United States | |
| E. Z. New Zealand LTD | New Zealand | |
| Ezeti Portugal. S.A. | Portugal | |
| Ermenegildo Zegna Far-East Pte LTD | Singapore | |
| Ermenegildo Zegna Madrid S.A. | Spain | |
| Ezeti S.L. | Spain | |
| Italco S.A. | Spain | |
| Consitex S.A. | Switzerland | |
| Co.Ti. Service S.A. | Switzerland | |
| THOM BROWNE TRADING (T.B.T.) SA | Switzerland | |
| E. Zegna Trading Hong Kong LTD Taiwan Branch | Hong Kong | |
| E. Z. Thai Holding Ltd | Thailand | |
| The Italian Fashion Co. LTD | Thailand | |
| Ismaco Amsterdam B.V. | The Netherlands | |
| Ermenegildo Zegna Giyim Sanayi ve Tic. A.S. | Turkey | |
| ISMACO TEKSTİL LİMİTED ŞİRKETİ | Turkey | |
| Ermenegildo Zegna Vietnam LLC | Vietnam | |
| Zegna Gulf Trading LLC | United Arab Emirates | |
| Investments at fair value | ||
| Acquedotto Piancone S.r.l. | Italy | |