Asos Results Presentation Deck

© 2023 asos Improvement in adjusted gross margin driven by freight and pricing partially offset by increased markdown to clear stock 43.6% FY23 Adjusted Gross Margin Bridge FY22 Adj Gross Margin Freight and Duty +60bps Trade Other 44.2% FY23 Adj Gross Margin Adjusted Gross Margin Impacts Freight and duty benefit from better contracted rates Elevated discounting to prioritise stock reduction Improving own brand intake margin from improvements to sourcing 7 asos

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