COTY Skincare Portfolio and Financial Overview

ON TRACK FOR FY23 SAVINGS OF ~$170M, WITH ~$165M IN FY24 & FY25 ■ ☐ ☐ REMAIN ON TRACK FOR SAVINGS OF ~$170M IN FY23, WITH ~$130M DELIVERED FYTD, INCLUDING ~$60M IN Q3 POSITIONING COTY FOR FUTURE SUCCESS, DEFENSIVELY & OFFENSIVELY THROUGH STRONG SAVINGS PIPELINE: ➤ FY24 SAVINGS TARGET OF ~$90M REAFFIRMED ➤ FY25 SAVINGS TARGET OF $75M REAFFIRMED FY23-FY25 SAVINGS PROJECTS MAJORITY-DRIVEN BY GROSS MARGIN AND A&CP INITIATIVES, AND LOWER DEPRECIATION ENTERING PHASE 2 OF TRANSFORMATION TO ESTABLISH ENABLERS FOR BUSINESS ACCELERATION COTY BURBERRY BURBERRY HAWTHORN BLOOM 12%

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