Kering Investor Presentation Deck

7 Investor Presentation - September 2023 OTHER HOUSES €M ● KEY FIGURES Recurring operating income Margin (%) ● Revenue Gross CAPEX As % of revenue H1 2023 1,856 224 12.1% 82 4.4% H1 2022 1,955 337 17.3% 63 3.2% Change -5% -34% -5.2pt +30% +1.2pt RECURRING OPERATING PROFIT DOWN From a high base in H1 22 - Negative leverage at Balenciaga and AMQ - Investment to fuel sustainable long-term growth at all brands CAPEX FOCUSED ON SELECTIVE STORE OPENINGS, PENETRATION OF NEW MARKETS 28

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