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    <link:label xlink:type="resource" xlink:label="label_ifrs-full_OtherExpenseByNature" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Altri costi, per natura</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" />
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" xlink:label="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" />
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    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" xlink:to="label_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xlink:label="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Rettifiche per la diminuzione (aumento) degli altri crediti generati dall'attività operativa</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xlink:to="label_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CashFlowsFromUsedInOperatingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Flussi finanziari derivanti da (usati in) attività operative</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="label_ifrs-full_CashFlowsFromUsedInOperatingActivities" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acquisto di immobili, impianti e macchinari, classificato come attività di investimento</link:label>
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:label="loc_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acquisto di attività immateriali, classificato come attività di investimento</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="label_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:label="loc_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Flussi finanziari usati nell'ottenimento del controllo di controllate o di altre aziende, classificati come attività di investimento</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="label_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CashFlowsFromUsedInInvestingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Flussi finanziari derivanti da (usati in) attività di investimento</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="label_ifrs-full_CashFlowsFromUsedInInvestingActivities" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:label="loc_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Rimborsi di finanziamenti, classificati come attività di finanziamento</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="label_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:label="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Dividendi pagati, classificati come attività di finanziamento</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:to="label_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:label="loc_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Pagamenti delle passività dei leasing, classificati come attività di finanziamento</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="label_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="label_ifrs-full_CashFlowsFromUsedInFinancingActivities" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Flussi finanziari derivanti da (usati in) attività di finanziamento</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="label_ifrs-full_CashFlowsFromUsedInFinancingActivities" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_ExtensionHypercube0" xlink:label="loc_PIRELLI_ExtensionHypercube0" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_ExtensionHypercube0" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Extension hypercube</link:label>
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    <link:label xlink:type="resource" xlink:label="label_PIRELLI_ExtensionLineItems0" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Extension line items</link:label>
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    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_Riserve" xlink:label="loc_PIRELLI_Riserve" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_Riserve" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Riserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_Riserve" xlink:to="label_PIRELLI_Riserve" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_RiserveNonControllingInterests" xlink:label="loc_PIRELLI_RiserveNonControllingInterests" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_RiserveNonControllingInterests" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Riserve non controlling interests</link:label>
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    <link:label xlink:type="resource" xlink:label="label_PIRELLI_ExtensionHypercube2" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Extension hypercube</link:label>
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    <link:label xlink:type="resource" xlink:label="label_PIRELLI_ExtensionLineItems2" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Extension line items</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_ExtensionLineItems2" xlink:to="label_PIRELLI_ExtensionLineItems2" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_ProfitLossBeforeTaxAbstract" xlink:label="loc_PIRELLI_ProfitLossBeforeTaxAbstract" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_ProfitLossBeforeTaxAbstract" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Utile (perdita) al lordo delle imposte</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_ProfitLossBeforeTaxAbstract" xlink:to="label_PIRELLI_ProfitLossBeforeTaxAbstract" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_ProfitLossBeforeTaxAbstract2" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Utile (perdita) al lordo delle imposte</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_ProfitLossBeforeTaxAbstract" xlink:to="label_PIRELLI_ProfitLossBeforeTaxAbstract2" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_ProfitLossFromOperatingActivitiesAbstract" xlink:label="loc_PIRELLI_ProfitLossFromOperatingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_ProfitLossFromOperatingActivitiesAbstract" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Utile (perdita) derivante da attività operative</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_ProfitLossFromOperatingActivitiesAbstract" xlink:to="label_PIRELLI_ProfitLossFromOperatingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_ProfitLossFromOperatingActivitiesAbstract2" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Utile (perdita) derivante da attività operative</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_ProfitLossFromOperatingActivitiesAbstract" xlink:to="label_PIRELLI_ProfitLossFromOperatingActivitiesAbstract2" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_RisultatoDaPartecipazioni" xlink:label="loc_PIRELLI_RisultatoDaPartecipazioni" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_RisultatoDaPartecipazioni" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Risultato da partecipazioni</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_RisultatoDaPartecipazioni" xlink:to="label_PIRELLI_RisultatoDaPartecipazioni" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_ComprehensiveIncomeAbstract1" xlink:label="loc_PIRELLI_ComprehensiveIncomeAbstract1" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_ComprehensiveIncomeAbstract1" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Conto economico complessivo</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_ComprehensiveIncomeAbstract1" xlink:to="label_PIRELLI_ComprehensiveIncomeAbstract1" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_ComprehensiveIncomeAbstract12" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Totale delle componenti di conto economico complessivo</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_ComprehensiveIncomeAbstract1" xlink:to="label_PIRELLI_ComprehensiveIncomeAbstract12" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="loc_PIRELLI_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Altre componenti di conto economico complessivo che non saranno riclassificate nell'utile (perdita) d'esercizio, al netto delle imposte</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="label_PIRELLI_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract2" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Totale altre componenti di conto economico complessivo che non saranno riclassificate nell'utile (perdita) d'esercizio, al netto delle imposte</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="label_PIRELLI_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract2" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="loc_PIRELLI_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Altre componenti di conto economico complessivo che saranno riclassificate nell'utile (perdita) d'esercizio, al netto delle imposte</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="label_PIRELLI_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract2" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Totale altre componenti di conto economico complessivo che saranno riclassificate nell'utile (perdita) d'esercizio, al netto delle imposte</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="label_PIRELLI_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract2" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_AltreRiserveDiContoEconomicoComplessivo" xlink:label="loc_PIRELLI_AltreRiserveDiContoEconomicoComplessivo" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_AltreRiserveDiContoEconomicoComplessivo" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Altre riserve di conto economico complessivo</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_AltreRiserveDiContoEconomicoComplessivo" xlink:to="label_PIRELLI_AltreRiserveDiContoEconomicoComplessivo" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_OtherReservesRetainedEarningsMember" xlink:label="loc_PIRELLI_OtherReservesRetainedEarningsMember" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_OtherReservesRetainedEarningsMember" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Other reserves retained earnings member</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_OtherReservesRetainedEarningsMember" xlink:to="label_PIRELLI_OtherReservesRetainedEarningsMember" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_PatrimonioNetto" xlink:label="loc_PIRELLI_PatrimonioNetto" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_PatrimonioNetto" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Patrimonio netto</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_PatrimonioNetto" xlink:to="label_PIRELLI_PatrimonioNetto" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_EffettoIperinflazioneTurchia" xlink:label="loc_PIRELLI_EffettoIperinflazioneTurchia" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_EffettoIperinflazioneTurchia" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Effetto iperinflazione Turchia</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_EffettoIperinflazioneTurchia" xlink:to="label_PIRELLI_EffettoIperinflazioneTurchia" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_EffettoIperinflazioneArgentina" xlink:label="loc_PIRELLI_EffettoIperinflazioneArgentina" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_EffettoIperinflazioneArgentina" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Effetto iperinflazione Argentina</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_EffettoIperinflazioneArgentina" xlink:to="label_PIRELLI_EffettoIperinflazioneArgentina" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_Altro" xlink:label="loc_PIRELLI_Altro" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_Altro" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Altro</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_Altro" xlink:to="label_PIRELLI_Altro" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_TaxEffectOciMember" xlink:label="loc_PIRELLI_TaxEffectOciMember" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_TaxEffectOciMember" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Tax effect Oci member</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_TaxEffectOciMember" xlink:to="label_PIRELLI_TaxEffectOciMember" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_RiservaDiCoperturaDeiFlussiFinanziariMember" xlink:label="loc_PIRELLI_RiservaDiCoperturaDeiFlussiFinanziariMember" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_RiservaDiCoperturaDeiFlussiFinanziariMember" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Riserva di copertura dei flussi finanziari [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_RiservaDiCoperturaDeiFlussiFinanziariMember" xlink:to="label_PIRELLI_RiservaDiCoperturaDeiFlussiFinanziariMember" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_AltriMovimenti" xlink:label="loc_PIRELLI_AltriMovimenti" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_AltriMovimenti" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Altri movimenti</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_AltriMovimenti" xlink:to="label_PIRELLI_AltriMovimenti" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_UtilePerditaAlLordoDelleImposte" xlink:label="loc_PIRELLI_UtilePerditaAlLordoDelleImposte" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_UtilePerditaAlLordoDelleImposte" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Utile (perdita) al lordo delle imposte</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_UtilePerditaAlLordoDelleImposte" xlink:to="label_PIRELLI_UtilePerditaAlLordoDelleImposte" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_StornoQuotaDiRisultatoDiSocietaCollegateEJv" xlink:label="loc_PIRELLI_StornoQuotaDiRisultatoDiSocietaCollegateEJv" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_StornoQuotaDiRisultatoDiSocietaCollegateEJv" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Storno quota di risultato di societa collegate e jv</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_StornoQuotaDiRisultatoDiSocietaCollegateEJv" xlink:to="label_PIRELLI_StornoQuotaDiRisultatoDiSocietaCollegateEJv" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_FlussoNettoGeneratoAssorbitoDaAttivitaOperativeDiCuiPartiCorrelate" xlink:label="loc_PIRELLI_FlussoNettoGeneratoAssorbitoDaAttivitaOperativeDiCuiPartiCorrelate" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_FlussoNettoGeneratoAssorbitoDaAttivitaOperativeDiCuiPartiCorrelate" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Flusso netto generato/(assorbito) da attività operative di cui parti correlate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_FlussoNettoGeneratoAssorbitoDaAttivitaOperativeDiCuiPartiCorrelate" xlink:to="label_PIRELLI_FlussoNettoGeneratoAssorbitoDaAttivitaOperativeDiCuiPartiCorrelate" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_AcquistoDiStrumentiFinanziariClassificatoComeAttivitaDiInvestimento" xlink:label="loc_PIRELLI_AcquistoDiStrumentiFinanziariClassificatoComeAttivitaDiInvestimento" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_AcquistoDiStrumentiFinanziariClassificatoComeAttivitaDiInvestimento" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Acquisto di strumenti finanziari, classificato come attività di investimento.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_AcquistoDiStrumentiFinanziariClassificatoComeAttivitaDiInvestimento" xlink:to="label_PIRELLI_AcquistoDiStrumentiFinanziariClassificatoComeAttivitaDiInvestimento" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_AcquistoDiStrumentiFinanziariClassificatoComeAttivitaDiInvestimento2" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acquisto di strumenti finanziari, classificato come attività di investimento.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_AcquistoDiStrumentiFinanziariClassificatoComeAttivitaDiInvestimento" xlink:to="label_PIRELLI_AcquistoDiStrumentiFinanziariClassificatoComeAttivitaDiInvestimento2" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_FlussiFinanziariDerivantiDaUsatiInAttivitaDiInvestimento" xlink:label="loc_PIRELLI_FlussiFinanziariDerivantiDaUsatiInAttivitaDiInvestimento" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_FlussiFinanziariDerivantiDaUsatiInAttivitaDiInvestimento" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Flussi finanziari derivanti da (usati in) attività di investimento</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_FlussiFinanziariDerivantiDaUsatiInAttivitaDiInvestimento" xlink:to="label_PIRELLI_FlussiFinanziariDerivantiDaUsatiInAttivitaDiInvestimento" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_FlussiFinanziariDerivantiDaUsatiInAttivitaDiInvestimento2" xml:lang="it" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Flussi finanziari derivanti da (usati in) attività di investimento</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_FlussiFinanziariDerivantiDaUsatiInAttivitaDiInvestimento" xlink:to="label_PIRELLI_FlussiFinanziariDerivantiDaUsatiInAttivitaDiInvestimento2" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_VariazioneCreditiFinanziariVersoCollegateEJv" xlink:label="loc_PIRELLI_VariazioneCreditiFinanziariVersoCollegateEJv" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_VariazioneCreditiFinanziariVersoCollegateEJv" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Variazione crediti finanziari verso collegate e jv</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_VariazioneCreditiFinanziariVersoCollegateEJv" xlink:to="label_PIRELLI_VariazioneCreditiFinanziariVersoCollegateEJv" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_DividendiERiserveDistribuitiDaSocietaCollegateEJv" xlink:label="loc_PIRELLI_DividendiERiserveDistribuitiDaSocietaCollegateEJv" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_DividendiERiserveDistribuitiDaSocietaCollegateEJv" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Dividendi e riserve distribuiti da società collegate e JV </link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_DividendiERiserveDistribuitiDaSocietaCollegateEJv" xlink:to="label_PIRELLI_DividendiERiserveDistribuitiDaSocietaCollegateEJv" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_DividendiRicevutiDaAltreAttivitaFinanziarieNonCorrentiAFairValueRilevatoAContoEconomicoComplessivo" xlink:label="loc_PIRELLI_DividendiRicevutiDaAltreAttivitaFinanziarieNonCorrentiAFairValueRilevatoAContoEconomicoComplessivo" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_DividendiRicevutiDaAltreAttivitaFinanziarieNonCorrentiAFairValueRilevatoAContoEconomicoComplessivo" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Dividendi ricevuti da altre attività finanziarie non correnti a fair value rilevato a conto economico complessivo </link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_DividendiRicevutiDaAltreAttivitaFinanziarieNonCorrentiAFairValueRilevatoAContoEconomicoComplessivo" xlink:to="label_PIRELLI_DividendiRicevutiDaAltreAttivitaFinanziarieNonCorrentiAFairValueRilevatoAContoEconomicoComplessivo" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_FlussoNettoGeneratoAssorbitoDaAttivitaDinvestimentoDiCuiPartiCorrelate" xlink:label="loc_PIRELLI_FlussoNettoGeneratoAssorbitoDaAttivitaDinvestimentoDiCuiPartiCorrelate" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_FlussoNettoGeneratoAssorbitoDaAttivitaDinvestimentoDiCuiPartiCorrelate" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Flusso netto generato/(assorbito) da attività d'investimento di cui parti correlate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_FlussoNettoGeneratoAssorbitoDaAttivitaDinvestimentoDiCuiPartiCorrelate" xlink:to="label_PIRELLI_FlussoNettoGeneratoAssorbitoDaAttivitaDinvestimentoDiCuiPartiCorrelate" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_VariazioneCreditiFinanziariAltreAttivitaFinanziarieAFairValueRilevatoAContoEconomico" xlink:label="loc_PIRELLI_VariazioneCreditiFinanziariAltreAttivitaFinanziarieAFairValueRilevatoAContoEconomico" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_VariazioneCreditiFinanziariAltreAttivitaFinanziarieAFairValueRilevatoAContoEconomico" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Variazione Crediti Finanziari Altre Attività Finanziarie A Fair Value Rilevato A Conto Economico</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_VariazioneCreditiFinanziariAltreAttivitaFinanziarieAFairValueRilevatoAContoEconomico" xlink:to="label_PIRELLI_VariazioneCreditiFinanziariAltreAttivitaFinanziarieAFairValueRilevatoAContoEconomico" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_ProventiOneriFinanziari" xlink:label="loc_PIRELLI_ProventiOneriFinanziari" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_ProventiOneriFinanziari" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Proventi oneri finanziari</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_ProventiOneriFinanziari" xlink:to="label_PIRELLI_ProventiOneriFinanziari" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_FlussoNettoGeneratoAssorbitoDaAttivitaDiFinanziamentoDiCuiPartiCorrelate" xlink:label="loc_PIRELLI_FlussoNettoGeneratoAssorbitoDaAttivitaDiFinanziamentoDiCuiPartiCorrelate" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_FlussoNettoGeneratoAssorbitoDaAttivitaDiFinanziamentoDiCuiPartiCorrelate" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Flusso netto generato/(assorbito) da attività di finanziamento di cui parti correlate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_FlussoNettoGeneratoAssorbitoDaAttivitaDiFinanziamentoDiCuiPartiCorrelate" xlink:to="label_PIRELLI_FlussoNettoGeneratoAssorbitoDaAttivitaDiFinanziamentoDiCuiPartiCorrelate" />
    <link:loc xlink:type="locator" xlink:href="815600A0C9AFC1F2A709-2024-12-31.xsd#PIRELLI_DisponibilitaLiquideEMezziEquivalentiSeDiversiDaQuelliNelProspettoDellaSituazionePatrimonialeFinanziaria" xlink:label="loc_PIRELLI_DisponibilitaLiquideEMezziEquivalentiSeDiversiDaQuelliNelProspettoDellaSituazionePatrimonialeFinanziaria" />
    <link:label xlink:type="resource" xlink:label="label_PIRELLI_DisponibilitaLiquideEMezziEquivalentiSeDiversiDaQuelliNelProspettoDellaSituazionePatrimonialeFinanziaria" xml:lang="it" xlink:role="http://www.xbrl.org/2003/role/label">Disponibilità liquide e mezzi equivalenti se diversi da quelli nel prospetto della situazione patrimoniale-finanziaria</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_PIRELLI_DisponibilitaLiquideEMezziEquivalentiSeDiversiDaQuelliNelProspettoDellaSituazionePatrimonialeFinanziaria" xlink:to="label_PIRELLI_DisponibilitaLiquideEMezziEquivalentiSeDiversiDaQuelliNelProspettoDellaSituazionePatrimonialeFinanziaria" />
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