Q1 2023 Revenue Report

. KEY HIGHLIGHTS Q1 23 GROUP REVENUE REVENUE +2% REPORTED, +1% COMPARABLE - RETAIL: ALL HOUSES UP - WHOLESALE: DOWN DOUBLE DIGIT, ONGOING RATIONALIZATION STRATEGY FX BROADLY NEUTRAL, POSITIVE SCOPE IMPACT FROM MAUI JIM SOFT Q1, ENDING ON A HIGHER NOTE - STRONG PERFORMANCES IN W.EUROPE AND JAPAN, N.AMERICA MUTED, APAC BACK TO GROWTH ON GRADUAL CHINA RECOVERY RETURN OF TOURISM ELEVATION STRATEGIES - ACCLAIMED FASHION SHOWS HIGH-VISIBILITY COMMUNICATIONS - CREATIVITY AND HERITAGE - 25.04.2023 REVENUE CHANGE (in Єm and comparable change YoY) +2% reported +2% -1% 5,077 +1% 4,956 Q1 22 Comparable growth Scope FX Q1 23 % comparable change: at constant scope and exchange rates 4

View entire presentation