Q1 2023 Revenue Report

25.04.2023 BOTTEGA VENETA BOTTEGA VENETA Q1 23 REVENUE: -0% REPORTED, +0% COMPARABLE (in Єm, and YoY comparable growth in %) 396 +5% 395 -14% -24% Q1 22 Retail Wholesale Royalties and others Q1 23 80% of Q1 sales QUALITY GROWTH IN RETAIL Top-ranked Winter 23 Fashion Show, instant success of new launches, strong pillar lines, AUR up sharply - Stable store network, focus on sqm expansion and refurbs - Value-driven strategy ongoing, priority on heightening brand visibility in China ACCELERATION IN WHOLESALE RATIONALIZATION 9

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