#12022 FULL-YEAR RESULTS April 20, 2023 LANVIN GROUP LANVIN PERS sergio rossI ST. JOHN CARUSO#2DISCLAIMER Forward-Looking Statements This presentation, including the sections "Overview of 2022 Achievements", "2023 Guidance", "Solid Brand-Level Performance" and "Appendix", contain "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward- looking statements generally are accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," "guidance," "project" and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this presentation, and on the current expectations of the respective management of Lanvin Group and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Lanvin Group. Potential risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, changes adversely affecting the business in which Lanvin Group is engaged; Lanvin Group's projected financial information, anticipated growth rate, profitability and market opportunity may not be an indication of its actual results or future results; management of growth; the impact of COVID-19 or similar public health crises on Lanvin Group's business; Lanvin Group's ability to safeguard the value, recognition and reputation of its brands and to identify and respond to new and changing customer preferences; the ability and desire of consumers to shop; Lanvin Group's ability to successfully implement its business strategies and plans; Lanvin Group's ability to effectively manage its advertising and marketing expenses and achieve desired impact; its ability to accurately forecast consumer demand; high levels of competition in the personal luxury products market; disruptions to Lanvin Group's distribution facilities or its distribution partners; Lanvin Group's ability to negotiate, maintain or renew its license agreements; Lanvin Group's ability to protect its intellectual property rights; Lanvin Group's ability to attract and retain qualified employees and preserve craftmanship skills; Lanvin Group's ability to develop and maintain effective internal controls; general economic conditions; the result of future financing efforts; and those factors discussed in the reports filed by Lanvin Group from time to time with the SEC. If any of these risks materialize or Lanvin Group's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lanvin Group presently does not know, or that Lanvin Group currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lanvin Group's expectations, plans, or forecasts of future events and views as of the date of this presentation. Lanvin Group anticipates that subsequent events and developments will cause Lanvin Group's assessments to change. However, while Lanvin Group may elect to update these forward-looking statements at some point in the future, Lanvin Group specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Lanvin Group's assessments of any date subsequent to the date of this presentation. Accordingly, reliance should not be placed upon the forward-looking statements. Use of Non-IFRS Financial Metrics This presentation includes certain non-IFRS financial measures (including on a forward-looking basis) such as contribution profit, contribution margin, adjusted earnings before interest and taxes ("Adjusted EBIT"), and adjusted earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA" and trade working capital). These non-IFRS measures are an addition, and not a substitute for or superior to measures of financial performance prepared in accordance with IFRS and should not be considered as an alternative to net income, operating income or any other performance measures derived in accordance with IFRS. Reconciliations of non-IFRS measures to their most directly comparable IFRS counterparts are included in the Appendix to this presentation. Lanvin Group believes that these non- IFRS measures of financial results (including on a forward-looking basis) provide useful supplemental information to investors about Lanvin Group. Lanvin Group's management uses forward looking non-IFRS measures to evaluate Lanvin Group's projected financial and operating performance. Lanvin Group believes that the use of these non-IFRS financial measures provides an additional tool for investors to use in evaluating projected operating results and trends in and in comparing Lanvin Group's financial measures with other similar companies, many of which present similar non-IFRS financial measures to investors. However, there are a number of limitations related to the use of these non-IFRS measures and their nearest IFRS equivalents. For example, other companies may calculate non-IFRS measures differently, or may use other measures to calculate their financial performance, and therefore Lanvin Group's non-IFRS measures may not be directly comparable to similarly titled measures of other companies. Lanvin Group does not consider these non-IFRS measures in isolation or as an alternative to financial measures determined in accordance with IFRS. The principal limitation of these non-IFRS financial measures is that they exclude significant expenses, income and tax liabilities that are required by IFRS to be recorded in Lanvin Group's financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgements by Lanvin Group about which expense and income are excluded or included in determining these non-IFRS financial measures. In order to compensate for these limitations, Lanvin Group presents non-IFRS financial measures in connection with IFRS results. 2#3BUILDING THE NEW LUXURY LANVIN GROUP#4TABLE OF CONTENTS PAGE 5 GROUP CONSOLIDATED FINANCIAL RESULTS LANVIN GROUP PAGE 15 A UNIQUE GLOBAL LUXURY PLATFORM PAGE 25 SOLID BRAND-LEVEL PERFORMANCE 4#5OVERVIEW OF 2022 ACHIEVEMENTS 01 02 Enhanced Channel Capabilities 03 Balanced Regional Development 04 Improved Operational Efficiency 05 Focused Brand Strategies 06 Solidified Category Expansion Record Sales with 37% YoY Growth LANVIN GROUP#6LANVIN GROUP'S NUMBERS AT A GLANCE 2022 Global Revenue €422 mm 2022 Global Revenue Growth +37% 2020-2022 Global Revenue CAGR +38% 2022 DTC Revenue Growth +32% 2022 Wholesale Revenue Growth +41% 2022 e-Commerce Revenue Growth +28% 2022 EMEA Revenue Growth +39% 2022 North America Revenue Growth +36% 2022 Greater China Revenue Growth +15% (1) These are Non-IFRS Financial Measures and will be mentioned throughout this presentation. Please see Page 54 for Non-IFRS Financial Measures and definition. 2022 vs. 2021 Gross Margin Change +133bps 2022 vs. 2021 Contribution Profit%(¹) Change +170bps 2022 vs. 2021 Adj. EBITDA%(¹) Change +205bps 6#7EVERY BRAND DELIVERED GROWTH FLAGSHIP BRAND LANVIN POWERING MOMENTUM WITH 64% YOY GROWTH €223 2020 2020 €309 2021 €47 Revenue Growth Bridge by Brand 2020-2022 (€ in mm) €16 Wolford LANVIN Wolford] €33 €13 Sergio Rossi St. John sergio rosSI ST. JOHN €6 Caruso CARUSO -€2 Eliminations €422 2022 2022 7#8BALANCED DEVELOPMENT ACROSS REGIONS GREATER CHINA GREW BY 15% DESPITE NEGATIVE COVID IMPACT, DEMONSTRATING BRAND RESILIENCE FY2022 Revenue Growth by Region (€ in mm) €309 2021 €58 €39 €6 EMEA North America Greater China €11 Other (1) €422 2022 (1) Other includes: Japan, South Korea, Thailand, Malaysia, Vietnam, Indonesia, Philippines, Australia, New Zealand, India and other Southeast Asian countries. FY2022 Revenue Breakdown by Region (%) Greater China +15% North America +36% 12% 34% Other (1) +95% 5% 2022 49% EMEA +39% 00 8#9ALL CHANNELS GREW BY DOUBLE DIGITS DRIVEN BY THE GROUP'S SUCCESSFUL GLOBAL OMNI-CHANNEL STRATEGIES FY22 Revenue Growth by Channel (€ in mm) €309 2021 €61 DTC €48 Wholesale €5 Other (1) (1) Other includes: fees for royalties, licenses received from third party, and clearance. €422 2022 FY22 Revenue Breakdown by Channel (%) Wholesale +41% 39% Other (1) +88% 2% 2022 59% DTC +32% 9#10CONSTANT MARGIN IMPROVEMENT YEAR-OVER-YEAR IMPROVEMENT IN THE GROUP'S GROSS PROFIT, CONTRIBUTION PROFIT AND ADJUSTED EBITDA MARGINS GP% Lanvin Group Gross Profit (€ in mm) 53% € 117 FY2020 55% € 170 FY2021 56% € 238 FY2022 Lanvin Group Contribution Profit(1) (€ in mm) CP% -15% FY2020 -€ 34 1% € 4 FY2021 3% € 13 FY2022 (1) These are Non-IFRS Financial Measures and will be mentioned throughout this presentation. Please see Page 54 for Non-IFRS Financial Measures and definition. Lanvin Group Adjusted EBITDA(¹) (€ in mm) Adj. EBITDA% -40% FY2020 -€ 88 -19% FY2021 -€ 59 -17% FY2022 -€ 72 10#11CONTRIBUTION PROFIT BY BRAND €4 2021 - €15 Wolford] Contribution Profit Bridge by Brand 2021-2022 (€ in mm) €9 ST. JOHN €9 LANVIN €3 sergio rosSI (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: HQ and eliminations are not allocated by brand and result mainly from intragroup transactions. Brand-level results are presented exclusive of eliminations. €2 CARUSO €1 HQ and Eliminations €13 2022 11#12CONTINUOUS STORE NETWORK OPTIMIZATION ONGOING UPGRADE OF STORE NETWORK, WITH DISCIPLINED NEW OPENINGS AND CLOSURES OF UNDERPERFORMING LOCATIONS Lanvin Group DOS Evolution by Brand 293 FY 2021 293 12 FY 2021 LANVIN 7 15 Lanvin Group DOS Evolution by Region EMEA Wolford 15 7 North America ST. JOHN sergio rosSI 23 13 Greater China 2 Other Asia -49 Total Closures -49 Total Closures 291 FY 2022 291 FY 2022 Selected 2022 Newly Opened Boutiques Lanvin - Tokyo Ginza Note: DOS as of 31st December 2022 and 2021 and refers to Directly Operated Stores which include shop-in-shop, retail, outlet & pop-up stores. ST. JOHN St. John-Dallas NorthPark sergio rossI- sergio rossi Sergio Rossi - Milan Spiga 26 sergio rosSI Sergio Rossi - Chengdu SKP kuz 12#13IMPROVED WORKING CAPITAL EFFICIENCY Trade payables Inventories Trade receivables Cash Conversion Cycle (1) % of Revenues DSO(1) DIO(1) DPO(1) Trade Working Capital (¹) 2020-2022 (€ in mm) €51 €76 €22 -€47 2020 134 23% 36 263 165 €74 €92 €40 -€58 2021 123 22% 43 216 136 €85 €109 €49 -€73 2022 113 20% 42 216 145 (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Trade working capital is defined as the sum of inventories as well as trade receivables less trade payables. DSO (Days Sales Outstanding)=Trade receivables/Total sales x 365; DIO (Days Inventory Outstanding)=Inventory/Cost of sales x 365; DPO (Days Payable Outstanding)-Trade payables/Cost of sales x 365; Cash Conversion Cycle =DSO+DIO-DPO 13#142023 GUIDANCE ANOTHER YEAR OF TOPLINE GROWTH AND MARGIN IMPROVEMENT 01 02 03 04 Momentum to continue in 2023 with China growth driving positive results; but global macro issues will persist Topline growth driven by continued retail network optimization and expansion, digitalization, targeted branding and customer engagement, as well as strategic category expansion Ongoing margin improvement through focused brand strategies and increasing operational efficiency; on track for EBITDA breakeven in 2024 Potential new investment and acquisition opportunities to further complete brand ecosystem and generate synergies#15OUR UNIQUE GLOBAL PLATFORM HAS FURTHER PROVED ITS COMPETITIVE ADVANTAGE TO DELIVER GROWTH.#16ICONIC BRANDS WITH PROFOUND HERITAGE... LANVIN GROUP'S BRANDS WORK TOGETHER TO BUILD A WARDROBE OF MODERN, GENERATIONAL LUXURY FOR ITS CONSUMERS BY SYNERGIZING EACH BRANDS' IDEAS AND CORE SKILLS IN DESIGN AND PRODUCTION SINCE LANVIN 1950 2022 Revenues - €126 million % of Group Revenues - 30% Iconic Skinwear Brand Originated from Austria that Combines Luxury, Technology, and Premier Manufacturing SINCE 1889 2022 Revenues - €120 million % of Group Revenues - 28% The Oldest Operating French Couture House Wolford sergio rossI SINCE ANDEREUD 1951 2022 Revenues €62 million % of Group Revenues - 15% A Forerunner in Design; Manufacturing Shoes and Accessories with Provocative, Modern Sophistication from Italy Note: Revenue eliminations are not allocated by brand and result mainly from intragroup transactions. Brand-level results are presented exclusive of eliminations. SINCE ST.JOHN 1958 2022 Revenues - €31 million % of Group Revenues - 7% The Reference Luxury Tailoring Manufacturer in Italy, Combining Traditional Skills with Innovation in Shapes and Material SINCE 1962 2022 Revenues - €86 million % of Group Revenues - 20% A Foundation of American Luxury; Building Wardrobes with Timeless yet Contemporary Style CARUSO 16#17...AND EXPANSIVE POSSIBILITIES KEY STRATEGIES AND INITIATIVES IN BRAND, PRODUCT, CHANNEL AND REGION DROVE RECORD GROWTH IN 2022 Refocused Brand Strategy ● ● Back to brand DNA and ethos Focus on core iconic offerings MEDESTAFATE TE ● Galeris lifryette ● sergio ross Increased Brand Visibility Proven Category Initiatives Balanced Regional Growth Continued investment in branding Increased accessory contribution All regions experienced growth Targeted brand collaborations Successful category extension Ongoing store network upgrade GALERIES LAFAYETTE ● ● ● ● ● = Single-breasted blazer LANVIN Long sleeve shirt with embroidered pocket us.lanvin.com Q Wide le pant Digital & Omnichannel Strong growth in e-Commerce Digital infrastructure implementation 17#18UNIQUE POSITION AND ACCESS... LANVIN GROUP IS THE FIRST AND ONLY GLOBAL LUXURY GROUP HEADQUARTERED IN CHINA WITH UNPARALLELED ACCESS TO THE LARGEST AND FASTEST GROWING LUXURY MARKET IN THE WORLD MARKET CAP NORTH AMERICA €9B tapestry €7B RALPH LAUREN €5B CAPRI HOLDINGS LIMITED €5B PVH Source: Market Cap as of April 12 2023, Capital IQ. EUROPE €421B LVMH MOET HENNESSY, LOUIS VUITTON €82B RICHEMONT €17B yp MONCLER €6B BRUNELLO CUCINELLI C CHANEL €16B €197B HERMÈS PARIS €68B PRADA €3B KERING €11B BURBERRY €3B Salvatore Ferragamo Ermenegildo Zegna ARMANI OTB ASIA LANVIN GROUP 18#19...YET UNDERPENETRATED PRESENCE... SMALL SIZE AND UNDERPENETRATED STORE FOOTPRINT PROVIDE SIGNIFICANT ROOM FOR GROWTH EMEA 300+ Luxury Peer Group DOS 145 Lanvin Group DOS Note: DOS as of 31st December 2022. Includes shop-in-shop, retail, outlet & pop-up stores. NORTH AMERICA 250+ Luxury Peer Group DOS 66 Lanvin Group DOS APAC 900+ Luxury Peer Group DOS 60 Lanvin Group DOS 20 Lanvin Group DOS GREATER CHINA OTHER ASIA 19#20…..IN A GIGANTIC AND HIGHLY RESILIENT MARKET HIGHLY ATTRACTIVE AND RESILIENT PERSONAL LUXURY GOODS MARKET, WITH CHINA BEING THE MAIN GROWTH DRIVER STABLE AND GROWING MARKET Global Personal Luxury Goods Market Size (€bn) 96-19 CAGR: +6% €76 €244 €150 €281 €220 €290 €353 1996 2006 2016 2019 2020 2021 2022E 22-25 CAGR: +5~7% || €540-580 2030F PROVEN RESILIENCE TO COVID RELATIVE TO OTHER CONSUMER SUB-SECTORS Performance of Luxury Personal Goods vs Other Luxury Segments (Market Size Rebound % Index from 2017) 160% 140% 120% 100% 80% 60% 40% 20% Source: Bain - Renaissance in Uncertainty: Luxury Builds on Its Covid Rebound. Euromonitor. 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 - Luxury Foodservice Personal Luxury ------. Luxury Hotels Travel GROWTH PROPELLED BY CHINA Luxury Goods Spending Breakdown by Nationalities of Customers (€bn) €353 ROW 81-83% Chinese 17-19% 2022E 22-30 CAGR: +16-18% Chinese Luxury Consumption €540-580 60-62% 38-40% 2030F 20#21SMALL SIZE AND START-UP MODE... NIMBLE APPROACH DIGITAL MIND-SET START-UP VALUE UNICORN TRACKRECORD 21#22...TO QUICKLY SEIZE LOW-HANGING FRUIT UNICORN TRACKRECORD OF GROWTH ACHIEVED IN THE PAST THREE YEARS 3.4x Lanvin 2020-2022 Global Revenue 1.9x Lanvin Group 2020-2022 Global Revenue 7.9x Lanvin 2020 – 2022 Global Digital Revenue 1.7X Lanvin Group 2020-2022 Global Digital Revenue 0+21% Wolford 2020-2022 The % of W Collection in Seasonal Sales 2.6X Lanvin Group 2020-2022 Greater China Revenue 22#23A CLEAR ROADMAP TO PROFITABILITY IDENTIFIED GROWTH DRIVERS ACROSS ALL BRANDS TO INCREASE SCALE Enhance brand appeal through innovative marketing initiatives and targeted story-telling On-brand category extensions to seize opportunities and create new volume drivers Increase brand footprint in underpenetrated regions and expand DTC channels Post-COVID growth opportunities from return of global travel and increased consumer confidence 23#24A CLEAR ROADMAP TO PROFITABILITY (CONT'D) IDENTIFIED MARGIN DRIVERS ALONG WITH INCREASED SCALE TO TARGET EBITDA BREAKEVEN IN 2024 EBITDA BREAKEVEN 2022 Adjusted EBITDA -17% Lower production cost with economies of scale and supply chain efficiencies Reduce discounts towards full price strategy and sharpen product offering focus to core and less seasonal categories GROSS MARGIN Absorption of selling and marketing expenses with increased sales and improved channel efficiencies Better controlled G&A with established middle/back office and IT infrastructure OPERATING EXPENSES EBITDA Breakeven in 2024 Increased revenue scale Improved gross margin Absorption of selling & marketing expenses Better HQ efficiency 24#25SOLID BRAND-LEVEL PERFORMANCE LANVIN GROUP#26AF LANVIN#27LANVIN 2022 RESULTS AND 2023 GUIDANCE KEY HIGHLIGHTS ● ● ● Revenue grew 64% from €73mm in 2021 to €120mm in 2022 Strong wholesale demand among global luxury retailers and specialty stores, notably for accessories ● ● ● ● ● DTC growth from improved product offerings, client engagement and digital activations EMEA: 93% growth driven by wholesale North America: strong momentum from 2021 led to 79% growth Greater China: 9% growth despite COVID impact Gross profit margin increased from 39% in 2020 to 50% in 2022, from increasing economies of scale and higher sell-through rates for all categories 2023 growth to be driven by expanding accessory offering, attracting new consumer demographics, and the reopening of China (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. €34,989 2020 Lanvin Global Revenue Bridge (€ in Thousands) Revenues YoY% Lanvin Key Financials (€ in Thousands) Gross profit €72,872 GP Margin% 2021 Contribution profit (1) CP Margin% €12,402 DTC FY2020 €34,989 €13,573 39% €30,737 Wholesale -€29,574 -85% €3,836 Other FY2021 €72,872 108% €34,028 47% -€24,096 -33% €119,847 2022 FY2022 €119,847 64% €60,513 50% -€15,339 -13% 27#282022 KEY STRATEGIES AND ACHIEVEMENTS Back to Brand Ethos Lanvin returns to elegance and sophistication, bridging the heritage and authority of France's oldest couture house with the energy of contemporary style LANVIN 2 Accessories Sneaker and leather goods businesses have driven volume through hit styles, now making up -50% of the total business Young Generation Through striking a balance between sophisticated and casual offerings and collaborations, Lanvin was able to expand into younger consumer groups 60 4 FTM TTK U Retail Optimization Net increase of 4 new stores, including the brand's first flagship store in Japan - Ginza; store economics saw strong growth 28#29Cabe [Wolford] ASECOSECAS CUSECOSE CA COSTCOSA ECOSECC#30WOLFORD 2022 RESULTS AND 2023 GUIDANCE KEY HIGHLIGHTS ● ● Revenue grew 15% from €109mm in 2021 to €126mm in 2022 44% growth in North America, driven by DTC channel as per brand strategy Impactful collaborations including GCDS, ALBERTA FERRETTI, MUGLER and Sergio Rossi created brand heat • Refocused on core products while strengthening luxury athleisure line which became a key growth driver • Increased selling and marketing expenses in 2022 related to legacy consulting costs and a cyberattack at a logistics provider delaying shipments led to a lower contribution profit • 2023 will be an opportunity for continued fiscal and operational improvements and reinforcement of current product and branding strategies (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. Wolford Global Revenue Bridge (€ in Thousands) €95,384 2020 Revenues YoY% €109,332 Wolford Key Financials (€ in Thousands) Gross profit GP Margin% 2021 (1) Contribution profit CP Margin% €15,786 DTC FY2020 Wholesale €95,384 €65,865 69% €859 1% -€284 €680 Other FY2021 €109,332 15% €79,070 72% €19,719 18% €125,514 2022 FY2022 €125,514 15% €86,228 69% €4,327 3% 30#312022 KEY STRATEGIES AND ACHIEVEMENTS 1 Focus on the Icons Refocused on core iconic classics for a clearer brand statement, more defined product offering, and better supply chain management 20 Collaborations W Lab: targeted collaborations GCDS, ALBERTA FERRETTI, MUGLER and Sergio Rossi generated constant excitement for the brand 3 Athleisure The W: Leveraging Wolford's unique know-how in creating the best skinwear, athleisure is becoming a major growth driver for the brand [Wolford Omni-Channel Flagship stores opened in Paris, New York and Shanghai; continued to optimize digital and store network to increase channel efficiency 31#32sergio rossI#33SERGIO ROSSI 2022 RESULTS AND 2023 GUIDANCE KEY HIGHLIGHTS ● Acquired and integrated by the Group in July 2021; revenue grew 5% from €59mm (Pro Forma) in 2021 to €62mm in 2022 DTC growth driven by strong performance of retail stores in Japan and digital sales in China Strong results in EMEA, offset weakness in China from COVID-19 Optimized product mix balancing carry-over and seasonal collections ● ● Gross profit margin rose to 50% from increased DTC business, while higher marketing, personnel and rental expenses led to a lower contribution profit margin 2023 growth driven by new product launches and collaborations, recovery of Greater China, and continued improvement in DTC channel €28,737 2021A Revenues YoY% Gross profit Sergio Rossi Global Revenue Bridge (€ in Thousands) Sergio Rossi Key Financials (€ in Thousands) GP Margin% €59.206 2021PF Contribution profit (1) CP Margin% €2,999 DTC -€276 Wholesale FY2021 €28,737 €13,319 46% €3,830 13% NM Other €61,929 2022 FY2022 €61,929 116% €31,048 50% €6,546 11% (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. Note: Lanvin Group acquired a majority stake in Sergio Rossi in July 2021 and Sergio Rossi was consolidated in Lanvin Group's consolidated revenue starting from the acquisition date; audited 2021 revenue of the brand was €29 million. Pro Forma results assume Sergio Rossi's revenue results for the full-year 2021. 33#342022 KEY STRATEGIES AND ACHIEVEMENTS Product Rationalization Solidified the brand's expertise and core offerings of classic women's shoes, cementing its positioning as a leading Italian luxury shoemaker 2 Brand Awareness Fashion capsules with the brand's new Artistic Director generated hype and coolness; new product lines (SI ROSSI) able to attract younger demographic AND MET B == POR ED COD Collaborations Targeted collaborations with Sergio Rossi and others created constant brand buzz and attracted new traffic to the stores and website sergio rosSI 08 Regional Development Fostered presence mostly in China and EMEA, cemented leading position in Japan, reentered US market through e- Commerce platform 34#35ST. JOHN#36ST. JOHN 2022 RESULTS AND 2023 GUIDANCE KEY HIGHLIGHTS ● ● • Successful implementation of full price strategy drove gross margin increase of 800bps; healthier mix of full price sales combined with better expense control contributed to higher contribution profit margin ● Revenue grew 17% from €73mm in 2021 to €86mm in 2022 29% growth in DTC channel benefiting from refocusing on core North American market, and targeted client and store network optimization ● Successfully launched mix-and-match seasonless product offering worn for everyday and occasions In 2023, continue growth trajectory and road to profitability with marketing initiatives, optimizing the retail experience, continuing transformation into lifestyle brand, and completing manufacturing rationalization (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. St. John Global Revenue Bridge (€ in Thousands) €66,512 2020 Revenues YoY% St. John Key Financials (€ in Thousands) Gross profit €73,094 GP Margin% 2021 Contribution profit (1) CP Margin% €14,831 DTC FY2020 €66,512 €32,987 50% -€9,286 -14% -€2,436 Wholesale €395 Other FY2021 €73,094 10% €38,987 53% €1,290 2% €85,884 2022 FY2022 €85,884 17% €52,642 61% €10,144 12% 36#372022 KEY STRATEGIES AND ACHIEVEMENTS Return to the Brand At its 60th anniversary, St. John refocused its products, clients and market, as an iconic American luxury house founded on the premise of a simple, elegant and versatile knit dress 18 MICULIT ооо The FOUNDATION Launched the Foundation Collection that's comprised of building blocks of thoughtful anchor pieces that define looks for work, social gatherings, and everyday life 3 Client Engagement Active store upgrade/relocation and retail and digital activations resulted in large improvements in CRM and conversion Margin Improvement Successful full price strategy both online and offline led to better brand image and an 8% gross margin increase 37#38CARUSO#39CARUSO 2022 RESULTS AND 2023 GUIDANCE KEY HIGHLIGHTS ● Revenue grew 25% from €25mm in 2021 to €31mm in 2022 Strong growth from proprietary brand business with attractive price and style positioning B2B Maisons manufacturing business growth driven by new account acquisitions and made- to-measure production growth; built significant customer loyalty ● ● • Gross margin increased from 18% to 23%, and contribution profit margin increased from 13% to 18% from 2021 to 2022, respectively, due to economies of scale and better management of factory labor costs and selling and marketing expenses 2023 to grow from focused investments in capacity expansion and increased operating efficiency, paired with concentrating client and product portfolio Caruso will continue to benefit from the "back to elegance" trend that's gaining momentum ● (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. €26,351 2020 Caruso Global Revenue Bridge (€ in Thousands) Revenues YoY% Caruso Key Financials (€ in Thousands) Gross profit €24,695 GP Margin% 2021 Contribution profit CP Margin% (1) NM DTC FY2020 €26,351 €4,881 19% €3,173 12% €6,124 Wholesale Other NM FY2021 €24,695 -6% €4,449 18% €3,305 13% €30,819 2022 FY2022 €30,819 25% €7,147 23% €5,701 18% 39#402022 KEY STRATEGIES AND ACHIEVEMENTS Back to Elegance The 'back-to-elegance' trend has benefited both the B2B Maisons manufacturing business as well as Caruso brand business Dazp Caruso Brand Clear style positioning (luxurious Playful Elegance), defined collections and new e- Commerce touch point drove strong growth for the brand 3 New OEM Clients B2B Maisons business increased solidly with new account acquisitions; diversifying customer concentration risk and building loyalty SAILOR 4 Production Efficiency Improved production efficiency and better economies of scale led to a 5% increase in gross margin 40#41APPENDIX LANVIN GROUP#42LANVIN GROUP CONSOLIDATED INCOME STATEMENT (€ in Thousands, unless otherwise noted) Lanvin Group Consolidated P&L Revenue Cost of sales Gross profit Marketing and selling expenses General and administrative expenses Other operating income and expenses Loss from operations before non-underlying items Non-underlying items (¹) Loss from operations Finance cost - net Loss before income tax Income tax benefits/(expenses) Loss for the year Contribution profit (2) Adjusted EBIT (2) Adjusted EBITDA FY 2020A 222,612 -105,218 117,394 -151,631 -115,181 -18,399 -167,817 43,546 -124,271 -12,989 -137,260 1,603 -135,657 -34,237 -162,428 -88,116 % 100% -47% -75% 20% -56% -6% 53% 169,902 -68% -165,502 -52% -122,497 -8% 10,083 -62% 1% FY -61% 2021A 308,822 -138,920 -108,014 45,206 -62,808 -9,313 -72,121 -4,331 -76,452 -15% 4,400 -73% -100,806 -58,945 -40% % FY 100% 422,312 -45% -184,368 -35% 15% 55% 237,944 -54% -224,733 -40% -153,138 3% -2,340 2022A -25% -142,267 -83,057 -20% -225,324 -3% -14,556 -23% -239,880 -1% 129 -239,751 13,211 1% -33% -134,836 -19% -71,958 (1) 2022 was impacted by a €84 million cost related to the Reverse Recapitalization that occurred as part of the SPAC merger; this cost is non-recurring in nature. (2) These are Non-IFRS Financial Measures and will be mentioned throughout this presentation. Please see Page 54 for Non-IFRS Financial Measures and definition. % 100% -44% 56% -53% -36% -1% -34% -20% -53% -3% -57% 0% -57% 3% -32% -17% 42#43LANVIN GROUP CONSOLIDATED BALANCE SHEET (€ in Thousands, unless otherwise noted) Lanvin Group Consolidated Balance Sheet Assets Non-current assets Intangible assets Goodwill Property, plant and equipment Right-of-use assets Deferred income tax assets Other non-current assets Current assets Inventories Trade receivables Other current assets Cash and bank balances Total assets 2020A FY 175,542 69,323 26,879 117,917 13,608 8,280 411,549 75,842 22,191 23,353 44,935 166,321 577,870 2021A FY 181,234 69,323 40,564 118,775 17,070 15,742 442,708 92,335 39,781 41,706 88,981 262,803 705,511 2022A FY 181,485 69,323 46,801 121,731 17,297 15,265 451,902 109,094 48,868 30,467 91,897 280,326 732,228 (€ in Thousands, unless otherwise noted) Lanvin Group Consolidated Balance Sheet Liabilities Non-current liabilities Non-current borrowings Non-current lease liabilities Non-current provisions Employee benefits Deferred income tax liabilities Other non-current liabilities Current liabilities Trade payables Bank overdrafts Current borrowings Current lease liabilities Current provisions Other current liabilities Total liabilities Net assets Equity Equity attributable to owners of the Company Share capital Treasury shares Other reserves Accumulated losses Non-controlling interests Total equity 2020A FY 11,399 104,382 3,286 19,085 53,284 1,338 192,774 47,436 764 7,438 32,503 2,490 44,070 134,701 327,475 250,395 289,165 0 81,198 -158,974 211,389 39,006 250,395 2021A FY 11,212 102,987 4,166 18,464 54,179 1,080 192,088 58,151 14 55,559 37,072 3,141 68,660 222,597 414,685 290,826 339,259 -3 149,460 -224,328 264,388 26,438 290,826 2022A FY 18,115 105,986 4,111 15,128 54,660 690 198,690 73,114 148 15,370 34,605 3,014 106,481 232,732 431,422 300,806 0 -25,023 762,962 -442,618 295,320 5,486 300,806 43#44LANVIN GROUP CONSOLIDATED CASH FLOW (€ in Thousands, unless otherwise noted) Lanvin Group Consolidated Cash Flow Net cash used in operating activities Net cash flows from/(used in) investing activities Net cash flows generated from financing activities Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents less bank overdrafts at the beginning of the year Effect of foreign exchange rate changes Cash and cash equivalents less bank overdrafts at end of the year 2020A FY -87,297 67,038 -41,447 -61,706 106,642 -765 44,171 2021A FY -73,088 6,346 110,065 43,323 44,171 1,164 88,658 2022A FY -80,851 -21,799 104,937 2,287 88,658 804 91,749 44#45LANVIN BRAND KEY FINANCIALS (€ in Thousands, unless otherwise noted) Lanvin Brand Key Financials Key Financials on P&L Revenues Gross profit Selling and distribution expenses Contribution profit (¹) Revenues by Geography EMEA North America Greater China Other Revenues by Channel DTC Wholesale Other 2020A FY 34,989 13,573 -43,147 -29,574 18,501 4,525 10,054 1,909 16,959 12,974 5,056 % FY 2021A 53% 31,683 13% 15,964 29% 23,541 5% 1,684 48% 46,134 37% 21,161 14% 5,577 % 100% 72,872 100% 119,847 39% 34,028 -123% -58,124 -85% -24,096 (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. 2022A FY 43% 22% 32% 2% 100% 47% 60,513 50% -80% -75,852 -63% -33% -15,339 -13% 61,092 28,524 25,742 4,489 % 63% 58,536 29% 51,898 8% 9,413 51% 24% 21% 4% 49% 43% 8% 2021A v 2022A v 20-22 2020A 2021A CAGR 108% 71% 253% 134% -12% 172% 63% 10% 64% 93% 79% 9% 167% 27% 145% 69% 85% 82% 151% 60% 53% 86% 100% 36% 45#46WOLFORD BRAND KEY FINANCIALS (€ in Thousands, unless otherwise noted) Wolford Brand Key Financials Key Financials on P&L Revenues Gross profit Selling and distribution expenses Contribution profit (1) Revenues by Geography EMEA North America Greater China Other Revenues by Channel DTC Wholesale Other 2020A FY 73,794 16,367 4,867 356 % 62,323 33,061 O FY 2021A 72% 86,228 65,865 -65,006 95,384 100% 109,332 100% 125,514 69% 79,070 -68% -59,351 1% 19,719 -54% -81,901 859 18% 4,327 77% 79,236 17% 21,824 5% 7,289 0% 983 65% 74,622 35% 34,710 0% 0 % (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. 2022A FY 72% 86,501 20% 7% 1% 31,535 6,791 687 68% 90,408 32% 34,426 0% 680 % 100% 69% -65% 3% 69% 25% 5% 1% 72% 27% 1% 2021A v 2022A v 2020A 2021A 15% 7% 33% 50% 176% 20% 5% 15% 9% 44% -7% -30% 21% -1% 20-22 CAGR 15% 8% 39% 18% 39% 20% 2% 46#47SERGIO ROSSI BRAND KEY FINANCIALS (€ in Thousands, unless otherwise noted) Sergio Rossi Brand Key Financials Key Financials on P&L Revenues Gross profit Selling and distribution expenses Contribution profit (¹) Revenues by Geography EMEA North America Greater China Other Revenues by Channel DTC Wholesale Other 2021PF FY 33,435 1,290 11,331 13,150 % 28,911 30,295 O 59,206 100% 28,737 13,319 -9,489 3,830 FY 56% 2% 19% 22% 2021A 17,009 107 4,595 7,027 49% 14,349 51% 14,389 0% O (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. % 2022A FY 100% 61,929 100% 46% 31,048 -33% -24,502 50% -40% 11% 13% 6,546 59% 35,023 0% 16% 10,809 1,181 24% 14,916 % 50% 31,910 50% 30,019 0% O 57% 2% 17% 24% 52% 48% 0% 2022A v 2022A v 2021PF 2021A 5% 5% -8% -5% 13% 10% -1% 116% 106% 1004% 135% 112% 122% 109% 47#48ST. JOHN BRAND KEY FINANCIALS (€ in Thousands, unless otherwise noted) St.John Brand Key Financials Key Financials on P&L Revenues Gross profit Selling and distribution expenses (1) Contribution profit Revenues by Geography EMEA North America Greater China Other Revenues by Channel DTC Wholesale Other 2020A FY 2,254 60,528 2,919 811 % 44,778 21,734 0 FY 66,512 100% 73,094 32,987 50% 38,987 -42,273 -64% -37,697 -9,286 -14% 1,290 2021A 3% 779 91% 65,534 6,467 315 4% 1% 67% 51,581 33% 21,513 0% O (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. % 2022A 1% 90% 9% 0% FY 100% 85,884 100% 53% 52,642 61% -52% -42,498 -49% 2% 10,144 12% 1,224 78,774 5,153 733 % 71% 66,412 29% 19,077 0% 395 1% 92% 6% 1% 77% 22% 0% 2021A v 2022A v 2020A 2021A 10% -65% 8% 122% -61% 15% -1% 17% 57% 20% -20% 133% 29% -11% 20-22 CAGR 14% -26% 14% 33% -5% 22% -6% 48#49CARUSO BRAND KEY FINANCIALS (€ in Thousands, unless otherwise noted) Caruso Brand Key Financials Key Financials on P&L Revenues Gross profit Selling and distribution expenses Contribution profit Revenues by Geography EMEA North America Greater China Other Revenues by Channel DTC Wholesale Other 2020A FY 26,351 4,881 -1,708 3,173 20,318 4,252 480 1,301 O 26,351 O % FY 2021A 77% 19,475 16% 2% 5% 1,399 3,272 549 O 0% 100% 24,695 0% O % 100% 24,695 100% 30,819 19% 4,449 -6% -1,144 12% 3,305 18% 7,147 -5% -1,446 13% 5,701 (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. 2022A FY 79% 23,050 13% 5,833 2% 6% 1,377 559 O 0% 100% 30,819 0% 0 % 100% 23% -5% 18% 75% 19% 2% 4% 0% 100% 0% 2021A v 2022A v 2020A 2021A -6% -4% -23% 14% 8% -6% 25% 18% 78% 2% -2% 25% 20-22 CAGR 8% 7% 17% 8% 3% 8% 49#50LANVIN GROUP BRAND FOOTPRINT Footprint by Brand Lanvin Wolford St. John Sergio Rossi Caruso Total DOS (¹) 2021 27 167 48 50 1 293 POS (2) 287 227 133 328 144 1,119 DOS 2022 (1) 31 163 46 50 1 291 POS (2) 339 225 106 346 189 1,205 (1) DOS refers to Directly Operated Stores which include boutiques, outlets, concession shop-in-shops and pop-up stores. (2) POS refers to Point of Sales which include DOS and wholesale accounts. 50#51NON-IFRS FINANCIAL MEASURES (€ in Thousands, unless otherwise noted) Reconciliation of Contribution Margin Revenue Cost of sales Gross profit Marketing and selling expenses Contribution profit 2020A FY 222,612 -105,218 117,394 -151,631 -34,237 (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. 2021A FY 308,822 -138,920 169,902 -165,502 4,400 2022A FY 422,312 -184,368 237,944 -224,733 13,211 51#52NON-IFRS FINANCIAL MEASURES (€ in Thousands, unless otherwise noted) Reconciliation of Adjusted EBIT Loss for the year Add/ (Deduct) the impact of: Income tax benefits/ (expenses) Finance cost - net Non-underlying items (¹) Loss from operations before non-underlying items Add/ (Deduct) the impact of: Share based compensation Adjusted EBIT (²) 2020A FY -135,657 -1,603 12,989 -43,546 -167,817 5,389 -162,428 2021A FY -76,452 4,331 9,313 -45,206 -108,014 7,208 -100,806 2022A FY -239,751 -129 14,556 83,057 -142,267 7,431 -134,836 (1) 2022 was impacted by a €84 million cost related to the Reverse Recapitalization that occurred as part of the SPAC merger; this cost is non-recurring in nature. (2) These are Non-IFRS Financial Measures and will be mentioned throughout this presentation. Please see Page 54 for Non-IFRS Financial Measures and definition. 52#53NON-IFRS FINANCIAL MEASURES (€ in Thousands, unless otherwise noted) Reconciliation of Adjusted EBITDA Loss for the year Add / (Deduct) the impact of: Income tax benefits/(expenses) Finance cost-net Non-underlying items (1) Loss from operations before non-underlying items Add/ (Deduct) the impact of: Share based compensation Provisions and impairment losses Net foreign exchange (gains) / losses Depreciation / Amortization Adjusted EBITDA 2020A FY -135,657 -1,603 12,989 -43,546 -167,817 5,389 22,676 3,304 48,332 -88,116 2021 A FY -76,452 4,331 9,313 -45,206 -108,014 7,208 10,766 -10,489 41,584 -58,945 2022A FY -239,751 -129 14,556 83,057 -142,267 7,431 16,729 339 45,810 -71,958 (1) 2022 was impacted by a €84 million cost related to the Reverse Recapitalization that occurred as part of the SPAC merger; this cost is non-recurring in nature. (2) These are Non-IFRS Financial Measures and will be mentioned throughout this presentation. Please see Page 54 for Non-IFRS Financial Measures and definition. 53#54NON-IFRS FINANCIAL MEASURES AND DEFINITION Our management monitors and evaluates operating and financial performance using several non-IFRS financial measures including: contribution profit, contribution margin, Adjusted EBIT and Adjusted EBITDA. Our management believes that these non-IFRS financial measures provide useful and relevant information regarding our performance and improve their ability to assess financial performance and financial position. They also provide comparable measures that facilitate management's ability to identify operational trends, as well as make decisions regarding future spending, resource allocations and other operational decisions. While similar measures are widely used in the industry in which we operate, the financial measures that we use may not be comparable to other similarly named measures used by other companies nor are they intended to be substitutes for measures of financial performance or financial position as prepared in accordance with IFRS. Contribution profit is defined as revenues less the cost of sales and selling and marketing expenses. Contribution profit subtracts the main variable expenses of selling and marketing expenses from gross profit, and our management believes this measure is an important indicator of profitability at the marginal level. Below contribution profit, the main expenses are general administrative expenses and other operating expenses (which include foreign exchange gains or losses and impairment losses). As we continue to improve the management of our portfolio brands, we believe we can achieve greater economy of scale across the different brands by maintaining the fixed expenses at a lower level as a proportion of revenue. We therefore use contribution profit margin as a key indicator of profitability at the group level as well as the portfolio brand level. Contribution margin is defined as contribution profit divided by revenues. Adjusted EBIT is defined as profit or loss before income taxes, net finance cost, share based compensation, adjusted for income and costs which are significant in nature and that management considers not reflective of underlying operational activities, mainly including net gains on disposal of long-term assets, negative goodwill from acquisition of Sergio Rossi, gain on debt restructuring and government grants. Adjusted EBITDA is defined as profit or loss before income taxes, net finance cost, exchange gains/(losses), depreciation, amortization, share based compensation and provisions and impairment losses adjusted for income and costs which are significant in nature and that management considers not reflective of underlying operational activities, mainly including net gains on disposal of long-term assets, negative goodwill from acquisition of Sergio Rossi, gain on debt restructuring and government grants. Trade working capital is defined as the sum of inventories as well as trade receivables less trade payables. 54