Kering Investor Presentation Deck

● GROUP RECURRING OPERATING INCOME & MARGIN (EM & %) 2 820 28.4% H1 22 2 739 27.0% H1 23 INVESTING IN OUR HOUSES SUSTAINING HIGH PROFITABILITY LEVEL ● ● A YEAR OF INVESTMENT FCF FROM OPERATIONS (EM) 2 049 H1 22 2 138 H1 23 excl. real estate acquisition and disposal FCF +4% YOY AT €2.1BN* GROUP CAPEX** AT €532M (+47% YOY), 5.2% OF REVENUE VS. 3.6% IN H1 22 OPERATING WORKING CAPITAL AT 16.8% OF LTM REVENUE * Excluding real estate acquisition and disposal for €1.3bn ** Excluding real estate acquisition for €1.4bn *** Excluding lease liabilities Investor Presentation - September 2023 ● ● NET DEBT (€M)*** 2 306 YE 22 3 854 HYE 23 USUAL SEASONALITY IN NET DEBT POSITION VS. YEAR-END INCREASE IN SHAREHOLDER RETURN ACQUISITION OF PRESTIGIOUS BUILDINGS IN PARIS 16

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