BOSS BOTTLED UNITED EXPERIENCE Pitch

TRANSFORMATION EXTENDS BEYOND COST SAVINGS PROGRAM, WITH MULTI-PRONGED FOCUS ON GROSS MARGIN EXPANSION COTY 3QYTD GROSS MARGIN OF ~60% VS. BEAUTY PEERS AT >70% STRATEGIC GROWTH PILLARS ARE ALL GROSS MARGIN ACCRETIVE COTY SINCE 1904 GROSS MARGIN ATTACK PROGRAM Commercial GM Attack Supply Chain Attack Manufacturing E&O Distribution Trade Invest & Pricing Grey Control Gross Planning Margin Material Cost (Commercial & MVA) Material Cost Attack Attack Portfolio Mix Platforming Portfolio Management Portfolio GM Attack 20

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