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4Q Fiscal Year 2023 Earnings Presentation

● ● ● FISCAL YEAR 2023 FINANCIAL HIGHLIGHTS Revenue of $5.6B increased HSD on a 52-week constant currency basis, with growth across all luxury houses Record adjusted gross margin expanded 10 bps to 66.1% Adjusted operating margin of 16.2% Adjusted EPS of $6.13 increased MSD on a 52-week constant currency basis For a reconciliation of GAAP to non-GAAP financial information, see appendix.

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