2021 Q2 Sales

Strong momentum in all regions Solid progress on One Journey strategic plan

• Q2 2021 Sales at €229.4m up +59.1% as reported and +61.1% vs. Q2 2020 on an organic1 basis
• Progressive catch up versus 2019: -17% in Q1, – 14% in Q2
• Strong double-digit growth of +22% vs Q2 2019 in Mainland China
• Confirmed momentum in the U.S., going from strength to strength: sales back to pre-pandemic level, reaching +11.3% (1) versus 2019
• Very successful store reopening in France since May 19th, and strong EMEA performance despite store closures and low tourism
• Solid progress on full price strategy, meaningful reduction in promotional sales’ share

(1) Organic growth | All references in this document to the “organic sales performance” refer to the performance of the Group at constant currency and scope