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Investor Presentaiton

STRONG GROSS MARGIN EXPANSION COTY SINCE 1904 ADJUSTED GROSS MARGIN 58.6% +480 bps YOY 63.4% 1Q21 1Q22 Q1 GROSS MARGIN UP STRONGLY AT +480BPS YOY AND +250BPS QOQ GROSS MARGIN EXPANSION DRIVEN BY: ➤ MARGIN EXPANSION IN BOTH PRESTIGE AND CONSUMER BEAUTY, AIDED BY MIX ➤ MIXSHIFT TOWARDS PRESTIGE BRANDS ➤ E&O IMPROVEMENT ➤ ABSORPTION OF COSTS ON HIGHER VOLUMES ➤ SUPPLY CHAIN PRODUCTIVITY AND MATERIAL COST REDUCTION PROGRAM ➤ PRICING & REVENUE MANAGEMENT 7

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