Investor Presentaiton

STRONG SAVINGS DELIVERY IN Q1, SUPPORTING GROWTH PILLARS & PROFIT FIXED COSTS -8% YOY IN 1Q22 ACHIEVED ~$60M OF SAVINGS IN Q1 • ~1/3 COGS ~1/3 FIXED COSTS • ~1/3 TRADE INVESTMENT & OTHER • REMAIN ON TRACK FOR SAVINGS OF OVER $90M IN FY22, NET OF: • COST INFLATION • • REINSTATING BONUSES STRUCTURAL REINVESTMENT IN GROWTH PILLARS TOTAL PROGRAM SAVINGS ACHIEVED OF NEARLY $400M ON TRACK TO REACH FY23 TARGET OF $600M AND ALREADY IDENTIFYING PROJECTS BEYOND FY23 COTY SINCE 1904 RIMMEL WOUNDT WONDER'EXTENSION 1103/RAD WONDER'EXTENSION RIMMEL NOONOT PIMMEL

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