Asos Results Presentation Deck

◄ © 2023 asos Cost saving initiatives introduced in H1 drove substantial improvements across multiple cost lines in H2 Adjusted Gross Margin¹ Distribution Costs Warehouse Marketing Other Costs Depreciation and Amortisation Other Income Adjusted EBIT Margin¹ 12.5% H1 11.8% ¹Excluding adjusting items. Please see RNS for full breakdown Note: Above table subject to rounding H2 Distribution Costs % 12.4% H1 FY23 % of sales 44.2% (12.1%) (11.8%) (5.5%) (11.3%) (4.3%) 0.1% (0.8%) 11.1% H2 Warehouse Costs % 218 H1 Change +60bps +120bps (100bps) +20bps (160bps) (70bps) (40bps) (190bps) 182 H2 Other Costs £m 8 asos

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