#1VERSACE CAPRI HOLDINGS LIMITED 4 JIMMY CHOO MICHAEL KORS Goldman Sachs Retail Conference September 10, 2020#2CAPRI HOLDINGS STRENGTHS ● Three powerful founder-led global fashion luxury brands • Strong and growing consumer engagement Leading global distribution network with elevated digital presence and world-class luxury retail locations ● Strong balance sheet and free cash flow generation 2#3MONTHLY RETAIL SALES TRENDS 25% 0% Trends improved sequentially in 1Q and 2Q through August (25)% (50)% (75)% (100)% Jan 4Q20 Feb Mar Apr 1Q21 May Jun Jul 2Q21 Aug 3#4FUTURE REVENUE GROWTH TO $7.0 BILLION $5.6B 0.8 0.6 4.2 F2020 Revenue in US Dollars, Billions -35% $3.6B 0.6 0.4 2.6 F2021E +95% $7.0B 2.0 1.0 4.0 GOAL VERSACE JIMMY CHOO MICHAEL KORS 4#51,271 206 226 839 F2020 RETAIL STORE BASE 1,300 300 300 700 GOAL VERSACE JIMMY CHOO MICHAEL KORS 5#6VERSACE ● ● ● GROW VERSACE TO $2B IN SALES Build on Versace's luxury runway momentum Enhance Versace's powerful and iconic marketing Expand accessories and footwear to 60% of revenue Accelerate E-commerce and omni-channel development Increase global retail footprint to 300 stores#7JIMMY CHOO GROW JIMMY CHOO TO $1B IN SALES Increase accessories to 50% of revenue Increase luxury sneaker penetration • Accelerate E-commerce and omni-channel growth Increase global retail footprint to 300 stores. 7#8MICHAEL KORS • Increase customer engagement, building on Michael's global brand awareness ● RETURN MICHAEL KORS TO REVENUE GROWTH ● Increase penetration of successful Signature offerings. Continue strong E-commerce and omni-channel growth Double revenue in Asia Expand growing men's business 8#9SAFE HARBOR STATEMENT This presentation contains statements which are, or may be deemed to be, "forward-looking statements." Forward-looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and projections of the management of Capri Holdings Limited (the "Company") about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. All statements other than statements of historical facts included herein, may be forward-looking statements. Without limitation, any statements preceded or followed by or that include the words "plans", "believes", "expects", “intends”, “will”, “should”, “could”, “would”, “may”, “anticipates”, "might" or similar words or phrases, are forward-looking statements. These forward- looking statements are not guarantees of future financial performance. Such forward-looking statements involve known and unknown risks and uncertainties that could significantly affect expected results and are based on certain key assumptions, which could cause actual results to differ materially from those projected or implied in any forward-looking statements. These risks, uncertainties and other factors include the effect of the COVID-19 pandemic and its potential material and significant impact on the Company's future financial and operational results if retail stores are forced to close again and the pandemic is prolonged, including that our estimates could materially differ if the severity of the COVID-19 situation worsens, the length and severity of such outbreak across the globe and the pace of recovery following the COVID-19 pandemic, levels of cash flow and future availability of credit, compliance with restrictive covenants under the Company's credit agreement, the Company's ability to integrate successfully and to achieve anticipated benefits of any acquisition; the risk of disruptions to the Company's businesses; the negative effects of events on the market price of the Company's ordinary shares and its operating results; significant transaction costs; unknown liabilities; the risk of litigation and/or regulatory actions related to the Company's businesses; fluctuations in demand for the Company's products; levels of indebtedness (including the indebtedness incurred in connection with acquisitions); the timing and scope of future share buybacks, which may be made in open market or privately negotiated transactions, and are subject to market conditions, applicable legal requirements, trading restrictions under the Company's insider trading policy and other relevant factors, and which share repurchases may be suspended or discontinued at any time, the level of other investing activities and uses of cash; changes in consumer traffic and retail trends; loss of market share and industry competition; fluctuations in the capital markets; fluctuations in interest and exchange rates; the occurrence of unforeseen epidemics and pandemics, disasters or catastrophes; political or economic instability in principal markets; adverse outcomes in litigation; and general, local and global economic, political, business and market conditions, as well as those risks set forth in the Company's filings with the U.S. Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the fiscal year ended March 28, 2020 (File No. 001-35368). Any forward-looking statement in this presentation speaks only as of the date made and the Company disclaims any obligation to update or revise any forward-looking or other statements contained herein other than in accordance with legal and regulatory obligations. 9