Asos Results Presentation Deck

HY22 RESULTS We delivered half year results in line with guidance TOTAL SALES' 1,975.9 HY21 (£'m) +4% 112.9 2,004.1 HY22 (£'m) ADJUSTED² PBT -87% 14.8 GROSS MARGIN 45.0% HY21 60.6 -190bps CAPEX³ HY21 (£'m) +43% 43.1% HY22 86.5 ADJUSTED² EBIT MARGIN HY22 (£'m) I 5.9% HY21 HY21 (£'m) HY22 (£'m) ¹Total sales growth based on constant currency sales growth 2Excluding adjusting items totalling £30.6m. Please see RNS for full breakdown ³Capex reflects cash capex and excludes any fixed asset additions in relation to the right use of assets as part of IFRS 16 and any Topshop brands acquired assets 92.0 NET CASH/(DEBT)" HY21 (£'m) -460bps 4Net cash/(debt) is cash and cash equivalents less the carrying amount of any borrowings at half year, but excluding outstanding lease liabilities All sources: ASOS internal operational records 1.3% -168% HY22 (62.6) HY22 (£'m) 8 asos

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