Asos Results Presentation Deck

© 2023 asos 03. Robust and flexible balance sheet Enhanced flexibility to support agenda for change @ Opportunity Significantly enhanced financial flexibility Create more flexible and prioritised allocation of capex ■ ■ Immediate focus Proactively renegotiated the RCF and waiver of banking covenants Cash and undrawn facilities of over £650m at FY22 year end Reduced logistics capex and investment focused on priority digital initiatives Planned strategic investment in technology will be maintained in support of an improved customer experience, better data management and some critical priority initiatives such as Partner Fulfils ◆ Outcome Operational flexibility Capex 15 asos

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