Kering Investor Presentation Deck

Investor Presentation - November 2023 SAINT LAURENT €M ● KEY FIGURES ● Revenue Recurring operating income H1 2023 481 Margin (%) 30.5% Gross CAPEX As % of revenue 1,576 81 5.1% H1 2022 1,481 438 29.6% 25 1.7% Change +6% H1 EBIT MARGIN ABOVE 30% Favorable channel mix and pricing lifting gross margin Positive operating leverage and sustained reinvestment +10% +0.9pt +226% +3.4pt HIGHER CAPEX FROM A LOW BASE Year of investment, selective landmark openings Further reinforcement of production capacity and operations 48

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