All-In to Win Transformation Program

◉ FRAGRANCE MANUFACTURING CONSOLIDATION 2 Gross Margin Attack ■ Closure of Cologne site by FY23 and consolidation of volumes ☐ ◉ into Granollers (Spain) and Chartres (France) sites Now 2 state-of-the-art facilities with strong focus on continuous improvement, automation, OTIF*, and quality Significant improvement in KPIs by FY23: CAPACITY UTILIZATION: +20 ppt Ample room for future growth COTY *On-Time-In-Full = Service Level UNIT COST: -13% BURBERRY GUCCI CUCCI Mr. M Sample of products moved from Cologne COTY ROBOT ROBOT Z 7

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