Q1 2023 Revenue Report

25.04.2023 GUCCI Q1 23 REVENUE: +1% REPORTED AND +1% COMPARABLE (in Єm, and YoY comparable growth in %) 2,591 +1% +16% -7% 2,616 Q1 22 Retail Wholesale Royalties and others Q1 23 92% of Q1 sales ENCOURAGING DEVELOPMENTS - Growth in all key product categories, led by Handbags, Travel, WRTW Strong pipeline and good reception of Newness together with impactful global campaigns on iconic handbags - AUR increase across all categories Gucci Cosmos exhibition opening in Shanghai late April to showcase the House heritage, innovative spirit and visionary creativity 7

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