#1Salvatore Ferragamo 1H 2022 Results Update Analyst Presentation September 6, 2022 - 6.00 PM CET CO#2Disclaimer This presentation contains forward-looking statements regarding future events and results of the Company that are based on the current expectations, projections and assumptions of the management of the Company. The actual results may differ materially from those expressed in any forward-looking statement and the Company does not assume any liability with respect thereto. This document has been prepared solely for this presentation and does not constitute any offer or invitation to sell or any solicitation to purchase any share in the Company. The Manager in Charge of preparing the Company financial reports hereby certifies pursuant to paragraph 2 of art. 154-bis of Legislative Decree no. 58 of February 24, 1998, that the accounting disclosures of this document are consistent with the accounting documents, ledgers and entries. Salvatore Ferragamo 2#31H 2022 Business Update • Continued solid growth of revenues and profitability in 2Q'22, with positive performances across all geographies, with the exception of China • Full-price RTL sales overperformance driving Gross Margin and EBIT expansion in 1H'22 • Encouraging overall RTL performance in 3Q'22 to-date, and mindful of the more volatile and challenging macroeconomic backdrop Steady progressing in our strategic priorities and on track across all workstreams, building strength across platforms and regions • Maximilian Davis SS'23 collection to be presented at the fashion show in Milan later this month, with capsule delivery in November '22 • Farfetch agreement providing strong platform of technical capabilities and target audience • Significant step up of investments in 2H'22, with increase of communication spend to support the launch of our new collections in 1Q'23 • Excellent progress on building the foundational elements to accelerate our growth Salvatore Ferragamo 3#41H 2022 Financial Review Salvatore Ferragamo Salvatore Ferragamo FW 22 Collection 4#51H 2022 Revenue By Distribution Channel (Euro MM) Retail Wholesale Net Sales Hedging Licences & Other Rev. Rental income Total Revenue 2022 441.1 192.3 633.4 (11.3) 6.9 1.3 630.3 June YTD 2021 A% 378.6 16.5% 136.5 40.9% 4.3 nm Const FX 515.1 23.0% 16.4% 9.4% 1.1 15.2% 36.2% nm 3.2 113.6% 113.6% 4.5% 523.8 20.3% 17.0% Weight on Weight on Tot 2022 Tot 2021 70.0% 30.5% -1.8% 100.5% 98.3% 1.1% 0.2% 72.3% 100.0% 26.1% 0.8% 0.6% 0.2% 100.0% For a better performance analysis, 1H 2022 Net Sales have been presented excluding Cash flow hedge effect on revenues and 1H 2021 data were restated for comparative purpose. Salvatore Ferragamo 5#61H 2022 Net Sales By Region (Euro MM) Europe North America Japan Asia Pacific Latin America Net Sales 2022 2021 135.9 188.1 51.3 217.9 June YTD 40.2 A % 93.2 45.8% 132.9 41.6% 40.0 28.0% 221.1 -1.5% A % Const FX 633.4 515.1 23.0% 45.7% 29.7% 32.4% -7.8% 27.9 44.2% 31.2% 16.4% Weight on Tot 2022 21.5% 8.1% Weight on Tot 2021 29.7% 25.8% 18.1% 6.3% 7.8% 34.4% 42.9% 5.4% 100.0% 100.0% For a better performance analysis, 1H 2022 Net Sales have been presented excluding Cash flow hedge effect on revenues and 1H 2021 data were restated for comparative purpose. Salvatore Ferragamo 6#71H 2022 Net Sales By Product (Euro MM) Shoes Leather goods & handbags RTW Silk & other access. Fragrances Net Sales 2022 279.7 271.9 40.1 39.9 1.9 633.4 June YTD 2021 A% 221.6 26.2% 233.3 16.5% 28.9 38.9% 29.5 35.3% 1.9 0.4% A% Const FX 18.5% 11.0% 32.8% 29.1% -6.7% 515.1 23.0% 16.4% Weight on Tot 2022 44.2% 42.9% 6.3% 6.3% 0.3% Weight on Tot 2021 43.0% 45.3% 5.6% 5.7% 0.4% 100.0% 100.0% For a better performance analysis, 1H 2022 Net Sales have been presented excluding Cash flow hedge effect on revenues and 1H 2021 data were restated for comparative purpose. Salvatore Ferragamo 7#81H 2022 P&L (Euro MM) Total revenue Cost of goods sold Gross profit Total operating costs EBIT Financial income (expenses) Fiancial ROU EBT Taxes Net profit(loss) from discontinued operations, net of taxes Net income Group net income Income to minorities EBITDA Salvatore Ferragamo 2022 630.3 100.0% (177.5) 452.8 (357.4) 95.4 (0.7) (6.5) 88.2 (26.3) (0.0) 61.9 61.6 0.3 179.5 2021 523.8 100.0% -28.2% (162.9) -31.1% 71.8% 361.0 68.9% -56.7% (295.0) -56.3% 15.1% 65.9 12.6% -0.1% (3.4) -0.7% -1.0% (6.5) -1.2% 14.0% 56.0 10.7% (18.7) -3.6% (3.9) -0.7% 33.4 6.4% 30.7 5.9% 2.7 0.5% % June YTD -4.2% 0.0% 9.8% 9.8% 0.1% 28.5% % 144.3 27.5% Δ % 20.3% 9.0% 25.4% 21.1% 44.7% -79.5% 0.2% 57.5% 40.3% nm 85.2% >100% -87.4% 24.4% 8#91H 2022 Balance Sheet Salvatore Ferragamo (Euro MM) Tangible assets Intangible assets Right of Use Financial assets Fixed assets Inventory Trade receivables Trade payables Operating working capital Other assets (liabilities) Net Asset Disposal for Sales Employee Benefit Liabilities Provisions for risks and charges Net invested capital Shareholders' equity (A) Group equity Minority interest Current financial liabilities Non current financial liabilities Cash & Cash equivalents Net debt (B) Financial sources (A-B) Net debt (B) Non Current Lease Liabilities Current Lease Liabilities Lease Liabilities Net debt Adjusted June 22 YTD 216.2 36.9 497.2 750.3 302.7 120.1 (173.1) 249.7 73.6 (8.6) (20.5) 1,044.5 754.9 731.8 23.1 (160.9) (538.4) 409.7 (289.6) 1,044.5 (289.6) 486.7 112.3 599.0 309.4 June 21 YTD 204.2 41.4 469.6 715.2 316.6 109.9 (128.0) 298.5 103.5 18.3 (10.0) (13.1) 1,112.3 754.8 734.7 20.1 (159.1) (568.8) 370.4 (357.5) 1,112.3 (357.5) 459.9 102.4 562.2 204.8 % 5.9% -10.8% 5.9% 4.9% -4.4% 9.3% 35.2% -16.3% -28.9% -100.0% -14.1% 56.1% -6.1% 0.0% -0.4% 14.9% 1.1% -5.3% 10.6% -19.0% -6.1% -19.0% 5.8% 9.7% 6.5% 51.1% 9#10Appendix - Quarterly 2022 Revenue By Distribution Channel (Euro MM) Retail Wholesale Net Sales Hedging Licences & Other Rev. Rental income Total Revenue 2022 94.0 195.4 165.6 18.0% 289.5 -3.6 3.0 1Q 0.6 2021 A % 65.2 44.2% 41.0% 2.0 Δ % Const FX 230.8 25.4% 20.3% nm 12.2% 0.6 10.3% nm 1.5 97.3% 97.3% 2.7% 289.4 234.9 23.2% 20.7% 2022 2021 A % 245.6 213.0 15.3% 98.3 71.3 37.8% 343.9 284.3 -7.7 2Q 3.9 0.7 2.3 nm A% Const FX 7.2% 21.0% 13.4% 0.6 19.9% 31.9% nm 1.7 127.8% 127.8% 6.1% 340.8 288.9 18.0% 14.0% For a better performance analysis, 1Q and 2Q 2022 Net Sales have been presented excluding Cash flow hedge effect on revenues and 1Q and 2Q 2021 data were restated for comparative purpose. Salvatore Ferragamo 10#11Appendix - Quarterly 2022 Net Sales By Region (Euro MM) Europe North America Japan Asia Pacific Latin America Net Sales 2022 57.6 84.0 25.5 105.1 17.3 289.5 2021 1Q Δ % 41.4 39.2% 54.7 53.5% 21.5 18.4% 101.8 3.3% A % Const FX 43.0% 40.2% 20.9% -1.9% 11.4 51.6% 42.6% 230.8 25.4% 20.3% 2022 78.3 2021 25.8 2Q Δ % 51.8 51.0% 104.2 78.2 33.2% 18.5 39.2% 112.8 119.3 -5.5% 22.9 16.5 39.0% 343.9 284.3 21.0% A % Const FX 47.8% 22.4% 45.4% -12.8% 23.2% 13.4% For a better performance analysis, 1Q and 2Q 2022 Net Sales have been presented excluding Cash flow hedge effect on revenues and 1Q and 2Q 2021 data were restated for comparative purpose. Salvatore Ferragamo 11#12Appendix - Quarterly 2022 Net Sales By Product (Euro MM) Shoes Leather goods & handbags RTW Silk & other access. Fragrances Net Sales 2022 125.4 126.3 17.8 19.1 0.9 289.5 1Q 2021 Δ % 98.3 27.5% 105.8 19.3% 12.3 45.0% 13.6 40.6% 0.8 12.3% 230.8 25.4% A % Const FX 20.8% 15.4% 40.4% 36.4% 7.3% 20.3% 2022 2021 154.3 145.5 22.2 20.7 1.0 343.9 123.3 127.5 16.6 15.9 2Q A% 25.2% 14.1% 30.8% A% Const FX 16.6% 34.4% 27.2% 284.3 21.0% 7.5% 23.1% 1.1 -7.6% -15.9% 13.4% For a better performance analysis, 1Q and 2Q 2022 Net Sales have been presented excluding Cash flow hedge effect on revenues and 1Q and 2Q 2021 data were restated for comparative purpose. Salvatore Ferragamo 12#131H 2022 Q&A Salvatore Ferragamo BA HESA Salvatore Ferragamo FW 22 Collection 13