Asos Results Presentation Deck

© 2022 asos 1. Renewed commercial model Accelerated change in buying and merchandising resulting in a more curated customer offer and more efficient stock management Opportunity Improved Fashionability and flexibility of range More efficient stock management ■ ■ ■ ■ Immediate focus ■ Embed new organisation focused on relevance and flexibility Increased stock management discipline ■ Faster routes to clear with more channels to clear stock and improved profitability and speed Right-sizing our stock portfolio in H1 resulting in a non-cash write off of £100m-£130m New business models to enable flexibility (Partner Fulfils, Fulfilled by ASOS, Test & React) New buying processes with reinforced controls Increase visibility of full-price product on site Customer engagement focused on relevance and story telling Reduce costs and complexity in our logistics network Outcome ◆ Gross margin Working capital Time to market ◆ Stock turn Working capital Logistic costs 19 asos

View entire presentation