Highlights For the three months ended 30 June 2017 2018 Change - PowerPoint PPT Presentation

Highlights For the three months ended 30 June 2017 2018 Change 279.5 296.8 +6.2% Net sales (million €) - reported rates +12.3% Growth at constant rates +3.6% Like-for-like growth* Growth per segment at constant exchange rates: +13.5% Sell-out +8.7% Sell-in Fastest growing countries (local currency): +73.7% US +25.5% Hong Kong -0.6% 0.6% +1.2 pp Same Store Sales Growth 4 -7 -11 Net Store openings * On a like-for-like basis: at constant rates and excluding Le Couvent des Minimes and LimeLife 2

Net Sales Breakdown Sales by segment Exposure to growth markets USA Sell-in Other 18.1% countries 25.6% 24.1% (Q1 FY2018: 26.2%) Taiwan 2.4% Japan Russia 16.4% 3.0% UK 3.5% Sell-out Brazil China 74.4% 4.3% 11.2% (Q1 FY2018: 73.8%) France Hong Kong 7.7% 9.3% 3

Net sales up 12.3% at constant exchange rates (6.2% at reported rates) overall sales growth: 6.2% million € local currency growth: 12.3% 200 +1% overall sales growth: 6.2% currencies: -6.1% 150 +9% +59% Q1 FY2018 100 Q1 FY2019 50 0 Comp Non-comp Sell-in FX rates (1) stores stores & others -50 Contribution to growth (2) : 3% 78% 19% (1) Others include LimeLife, marketplaces, mail-orders and other service sales (2) Excluding the impact of foreign currency translation effects 4

Sales growth by geography – Americas and Europe (at constant rates) million € Q1 FY2018 Q1 FY2019 70 +74% 60 50 40 +0% 30 +9% 20 -8% +9% 10 0 (2) France UK USA Brazil Russia Contribution 0% -3% 72% 4% 3% to growth (1) : (1) Excluding foreign currency translation effects (2) Excluding LimeLife, growth is 2.2% at constant rates 5

Sales growth by geography – Asia and Other Countries (at constant rates) million € Q1 FY2018 Q1 FY2019 +0% 80 70 -3% 60 50 +12% +26% 40 30 -2% 20 10 0 -10 Japan Hong Kong China Taiwan Other -20 countries FX rates -30 Contribution -5% 18% 11% 0% 1% to growth (1) : (1) Excluding foreign currency translation effects 6

Net store openings by region 7 net own-stores closed 5 5 4 0 -1 -1 -7 -11 Asia-Pacific Americas Europe & S. Africa Total Q1 FY2018 Q1 FY2019 7

Same store sales growth profile (1) Q1 FY2019 compared to Q1 FY2018 6.5% 2.5% 2.7% 2.0% -2.9% -4.7% -6.2% -6.4% -7.8% -6.9% France UK USA Brazil Russia 14.7% 11.1% 7.8% 2.4% 0.9% 0.6% -0.6% -2.2% -2.8% -2.7% -3.5% -4.1% Japan Hong Kong China Taiwan Other Group countries Q1 FY2018 Q1 FY2019 (1) Including own E-commerce and excluding stores closed for renovation 8

Disclaimer This document is for information purposes only without any binding effect; in case of any inaccuracies, incompleteness or inconsistency with other documents, only the Company’s latest issued annual or interim report for detailed financials shall prevail and shall be deemed to be the only official document. The financial information and certain other information presented in a number of tables have been rounded to the nearest whole number or the nearest decimal. Therefore, the sum of the numbers in a column may not conform exactly to the total figure given for that column. In addition, certain percentages presented in the tables reflect calculations based upon the underlying information prior to rounding and, accordingly, may not conform exactly to the percentages that would be derived if the relevant calculations were based upon the rounded numbers. 9