Q1 2024 Results - Investor Presentation slide image

Q1 2024 Results - Investor Presentation

Key Highlights - Q1 2024 Commercial Performance - Focus on Stores THOM Q1 2024 Results - Investor presentation March 15, 2024 Increase in the number of stores mainly in Italy with 9 openings of directly-operated stores. Development of the affiliation model with 3 new stores during the quarter. Stores Network bridge - September 2023 to December 2023 Owned In store France September 2023 580 Italy 389 RoW stores Affiliated Stores Total network 108 1 077 38 1 115 Openings 1 7 1 9 3 Change in Scope 0 0 0 Closings -3 -2 0 -5 0 205 December2023 578 394 109 1 081 41 1 122 Continuous development of the Network in key locations with short ROI, continuous focus on Network profitability Own stores Affiliated Stores Stores Network in Q1 2024 remained fairly stable in number of stores with: +9 +3 Increase in the number of owned stores with 9 openings and 5 closings openings YTD openings YTD 3 openings of affiliated stores during the quarter. (5) closings No closing YTD YTD 9
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