Kering Investor Presentation Deck

- REVENUE (in €m, and comparable growth in %) 3,072 H1 2020 ● - % comp. +59% W. Europe N. America Japan APAC ROW Total Retail -10% Retail (91% of H1 sales) Q2 +75% +225% +85% +48% +345% +93% Wholesale +62% Q2: +82% reported, +86% comparable -3% +123% +18% +62% +99% Royalties and others FUELING BRAND DESIRE & GROWTH H1: +50% comparable H1 comparable revenue back to H1 19 level H1 +59% Retail up 93% YoY, +11% on 2Y stack - Wholesale +22% YoY, -41% on 2Y stack Royalties improving GUCCI 4,479 H1 2021 - KEY FIGURES In €m ● ● ● ● Revenue Recurring operating income Margin (%) Gross CAPEX As % of revenue H1 2021 4,479 1,694 37.8% 125 2.8% H1 2020 3,072 929 30.2% 98 3.2% Investment in brand and client engagement, across all touchpoints, paying off Change +45.8% +82.4% +7.6pt +27.0% -0.4pt Gradual improvement in profitability on track Intense H2 calendar: Aria collection to hit shelves late September, centennial celebrations... CAPEX back to H1 19 level Store network stable, selective openings such as Seoul Gaok flagship 26

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