Asos Results Presentation Deck

© 2023 asos Driving Change agenda delivered >£300m of gross profit and cost benefits to mitigate inflation and increased returns £44m FY22 Adj EBIT¹ Volume FY23 Adjusted EBIT Bridge (£'m) D&A Headwinds Driving Change agenda Freight Profit Cost & duty Improvement Mitigation ¹Excluding adjusting items totalling £219.5m in FY23 (FY22: £53.9m). Please see RNS for full breakdown. £(29.0)m FY23 Adj EBIT¹ Headwinds vs. Tailwinds Headwinds - H1 weighted Inflation, returns, annualisation and stock Deleverage impact of declining sales Tailwinds - H2 weighted >£300m of profit / cost initiatives Freight benefits under long-term contract 9 asos

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