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Asos Results Presentation Deck

33.1 FY19 PBT c.£45m net Covid-19 tailwind from reduction in return rates 57.4 Growth & Scale Efficiency *Depreciation excluding IFRS 16 **Including net profit drag from IFRS 16 (20.6) Inflationary & Other Cost Drags 27.3 Euro Hub Automation Profitability Euro Hub automation driving significant efficiency (14.3) US Hub Manual Operation 50.2 Non Strategic Cost & Reinvestment (14.9) FX c.£50m net cost benefit from removal of non-strategic cost (21.1) Depreciation* 45.0 Net Covid Tailwind 142.1 FY20 PBT 15 asos

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