Kering Investor Presentation Deck

GUC A GUCCI Investor Presentation - September 2023 GUCCI 13. GUCCI €M KEY FIGURES ● Revenue Recurring operating income Margin (%) Gross CAPEX As % of revenue H1 2023 5,128 1,810 35.3% 232 4.5% H1 2022 • CAPEX UP PARTLY ON PHASING 5,173 1,886 36.5% 154 3.0% Change Network enhancement and selective expansion Efficiency of operations and supply chain -1% -4% -1.2pt EBIT MARGIN DILUTION ON BRAND INVESTMENT Negative operating leverage on soft topline momentum Continued investment to fuel brand strategic initiatives: stores, client experience, communications... +50% +1.5pt 19

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