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Asos Results Presentation Deck

On track to deliver strong profit growth and positive FCF Performance managed rigorously through disruption Retail Sales +10% Steady recovery through the period as warehouse capacity, proposition and trading stance restored ● Item Growth +15% ASP drag from 'lockdown' product mix offsets stronger underlying demand Delivering strong profitability & cash generation Strong operational grip & financial control Continued removal of non-strategic cost Robust working capital management Gross margin -70bps Adverse product mix offset with tight inventory management bunn asos

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