#1FY 2022 Results Update Analyst Presentation March 02, 2023 - 6.00 PM CET FERRAGAMO#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. FERRAGAMO 1#3FY 2022 BUSINESS UPDATE FERRAGAMO#4FY 2022 BUSINESS UPDATE To position the brand in contemporary luxury and gain relevance and scale, in May we outlined a mid-term strategy built on four pillars: renew product, re-energize the brand, leapfrog digital and enhance customer experience • Product at the heart with Maximilian Davis as new Creative Director: successful debut fashion show in September and delivery of capsule collection in November creating good engagement with existing and new customers Re-branding with a new logo and an iconic, distinctive red color • Evolving communication by building communities and establishing a bold, clear creative vision and tone of voice, providing impactful, digitally driven content • Significant strengthening of digital capabilities through the agreement with Farfetch Enhancing customer experience through refreshed stores and a powerful new window display esthetic • Human capital as key enabler with strong management team to lead in all geographies and activities • Progressed on ESG objectives and defined future strategy FERRAGAMO 2#5FY 2022 BUSINESS UPDATE • Fully on track on all our strategic priorities 2022 another year of growth in revenues, amid a complex and volatile macroeconomic environment, in which we focused on the quality of sales in our RTL network, progressed on the optimization of the WHL channel, and increased investments in H2, as planned • FY'22 total sales at 1,252M Euros, up 10% vs. LY, and EBIT at 128M Euros, down 11% vs. LY. Despite Q4 22 impacted by Chinese Covid-19 restrictions, we pursued our full-price strategy and FY'22 Gross Margin reached 72% of revenues • In 2023 progressive deployment of our new product offer. Encouraged by early results of SS'23 collection, just launched in stores, and very pleased with the success of the recent FW fashion show, applauded by both press and retailers Despite continued geopolitical and macro-economic volatility, we are encouraged by the trends we see in China and are optimistic about its potential going forward • We remain very excited by the growth opportunity of Ferragamo FERRAGAMO 3#6FY 2022 FINANCIAL REVIEW FERRAGAMO#77| FY 2022 REVENUE BY DISTRIBUTION CHANNEL (Euro MM) Retail Wholesale Net Sales Hedging Licences & Other Rev. Rental income Total Revenue 2022 923.5 336.2 1,259.7 (25.7) 14.9 2.9 1,251.8 Dec YTD FERRAGAMO 2021 A % 829.8 11.3% 296.0 13.6% 1,125.7 11.9% (0.3) nm 2.4 22.9% Δ % Const FX 1,135.5 10.2% 4.7% 6.3% 5.1% 7.7 92.2% 92.2% nm 9.4% 5.7% Weight on Tot 2022 73.8% 26.9% 100.6% -2.1% 1.2% 0.2% 100.0% Weight on Tot 2021 73.1% 26.1% 99.1% 0.0% 0.7% 0.2% 100.0% For a better performance analysis, FY 2022 Net Sales have been presented excluding Cash flow hedge effect on revenues and FY 2021 data were restated for comparative purpose. 4#814 7 (Euro MM) Europe FY 2022 NET SALES BY REGION North America Japan Asia Pacific Latin America Net Sales 2022 261.8 391.3 99.1 417.6 89.8 Dec YTD 2021 A% FERRAGAMO 210.0 24.7% 319.9 22.3% 88.6 11.9% 438.0 -4.6% 69.2 29.7% 1,259.7 1,125.7 11.9% A % Const FX 24.6% 8.8% 18.9% -10.6% 14.7% 5.1% Weight on Tot 2022 20.8% 31.1% 7.9% 33.2% 7.1% 100.0% Weight on Tot 2021 18.7% 28.4% 7.9% 38.9% 6.2% 100.0% For a better performance analysis, FY 2022 Net Sales have been presented excluding Cash flow hedge effect on revenues and FY 2021 data were restated for comparative purpose. 5#97 (Euro MM) Shoes FY 2022 NET SALES BY PRODUCT Leather goods & handbags RTW Silk & other access. Fragrances Net Sales 2022 564.3 525.5 83.7 81.7 4.6 1,259.7 Dec YTD FERRAGAMO 2021 A % 486.5 16.0% 495.9 6.0% 69.9 19.7% 4.3 5.8% A % Const FX 1,125.7 11.9% 8.0% 0.1% 69.2 18.1% 12.3% 13.9% -2.4% 5.1% Weight on Tot 2022 44.8% 41.7% 6.6% 6.5% 0.4% 100.0% Weight on Tot 2021 43.2% 44.0% 6.2% 6.1% 0.4% 100.0% For a better performance analysis, FY 2022 Net Sales have been presented excluding Cash flow hedge effect on revenues and FY 2021 data were restated for comparative purpose. 6#10기 FY 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 FERRAGAMO 2022 2021 1,135.5 100.0% (354.6) -31.2% 1,251.8 100.0% (350.7) -28.0% 901.1 72.0% (773.2) -61.8% (637.5) -56.1% 780.9 68.8% 127.9 10.2% 143.5 12.6% (15.9) -1.3% (7.4) -0.7% (10.9) -0.9% (13.5) -1.2% 101.2 8.1% 122.6 10.8% (35.8) -2.9% (36.5) -3.2% (5.0) -0.4% 81.1 78.6 2.5 0.0 65.4 69.6 (4.3) December YTD 298.9 % 0.0% 5.2% 5.6% -0.3% 23.9% % 7.1% 6.9% 0.2% 304.5 26.8% A % 10.2% -1.1% 15.4% 21.3% -10.8% >100% -18.9% -17.5% -1.8% nm -19.5% -11.5% nm -1.8% 7#117 FY 2022 BALANCE SHEET (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 Dec 22 YTD FERRAGAMO 219.311 41.582 479.724 740.617 281.026 94.490 (184.116) 191.401 76.297 (7.581) (21.251) 979.484 775.410 751.810 23.599 (136.946) (468.737) 401.609 (204.074) 979.484 (204.074) 468.737 106.586 575.323 371.249 Dec 21 YTD 217.077 40.102 500.046 757.225 279.790 112.670 (193.102) 199.358 83.481 (8.970) (20.732) 1,010.361 785.878 764.313 21.565 (186.129) (550.746) 512.392 (224.483) 1,010.361 (224.483) 487.230 110.012 597.242 372.759 % 1.0% 3.7% -4.1% -2.2% 0.4% -16.1% -4.7% -4.0% -8.6% -15.5% 2.5% -3.1% -1.3% -1.6% 9.4% -26.4% -14.9% -21.6% -9.1% -3.1% -9.1% -3.8% -3.1% -3.7% -0.4% 8#12FY 2022 Q&A FERRAGAMO