H1 2022 Financial Results

A STRONG LIQUIDITY POSITION €m 12/31/2021 06/30/2022 Shareholders' equity 1,564 1,524 Net debt¹ -247 586 Gross debt 934 936 Cash & cash equivalents 1,181 350 Rental debt (IFRS 16) 1,130 1,067 ☐ Gross dividend per share 1.00€ 2021 2.00€ 2022 ■ Net financial debt¹ amounted to €586 million at end of June 2022 impacted by usual seasonality of activity ■ Good cash position at €350m, thanks to solid financial management, and a €500m revolving credit facility. undrawn to date Leverage² of 1.6x at end of June 2022, in line with the Group's objective of a maximum of 2.0x2 Long-term credit rating upgraded to BB+ by S&P and BBB by Scope Ratings in H1 2022 alongside the unchanged Ba2 rating from Moody's, all with a stable outlook Payment of a dividend for the second time: €2/share paid on June 23, representing a payout ratio of c. 37%³ 1 Excluding IFRS 16 2 Leverage (net debt/EBITDA) measured as at end of June with net debt excluding IFRS 16 measured as at end of June and 12-month rolling EBITDA excluding IFRS16 3 Calculated on 2021 net income from continuing operations, Group share FNAC DARTY 21

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