Slide 1: Q1 2026 Financial results
Q1 2026 Financial results 17 June 2026 A conference call with analysts and investors will take place on the 18 June 2026 at 15:00, local time. The conference call can be accessed via the following link: https://services.choruscall.it/DiamondPassRegistration/register?confirmationNumber=5668086&linkSe
Slide 2: First Quarter 2026
FIRST QUARTER 2026 > Robust performance on the organic perimeter(1): Sales +7% and EBITDA +27% > Double-digit growth for Goldenpoint and Stefanel > Net cash flow improved by €7.5M CURRENT TRADING > Second-quarter sales are maintaining good growth 2 (1) Comparable scope excluding Goldenpoint, consoli
Slide 3: Agenda
AGENDA Q1 2026 Financial results Current trading and Outlook Appendix
Slide 4: Q1 2026 Key Income Statement Items
Q1 2026 Key Income Statement Items Robust performance on the organic perimeter: • Net sales €381m, +7.5% vs. Q1 2025; Strong overperformance vs. apparel market (+2.3%); Positive results were achieved across all product segments, with womenswear continuing to grow double-digit; Q1 2026 Q1 2025 Q1 202
Slide 5: Q1 2026 Net Sales and EBITDA Performance
Q1 2026 Net Sales and EBITDA Performance OVS and Upim continue their growth trajectory. Stefanel +30% (of which +19% like-for-like), reaching break-even and accelerating its turnaround process. Net Sales, €m EBITDA and EBITDA margin adjusted, €m DOS and E-commerce Franchising and B2B +12.1% +27.1% +
Slide 6: April 2026 Net debt and Leverage
30 April 2026 Net debt and Leverage Net cash flow €7.5 million better than same period of 2025. Leverage on EBITDA keep improving. Net debt bridge 30 April 2026 and 30 April 2025 €7.5m improvement 260.6 • Net cash flow €7.5 million better vs. last 9.5 year as the net results of a strong 105.2 perfor
Slide 7: Agenda
AGENDA Q1 2026 Financial results Current trading and Outlook Appendix
Slide 8: Current trading and Outlook
Current trading e Outlook > Current trading: second-quarter sales are maintaining good growth, sustaining the strong year-to-date performance; > Enhanced brand equity: improved quality perception of OVS complemented by the strong ongoing momentum for Stefanel and Goldenpoint; > Successful "House of
Slide 9: Agenda
AGENDA Q1 2026 Financial results Current trading and Outlook Appendix
Slide 10: Store network as at April 2026
Store network as at 30 April 2026 Italy International Total 30 April 2026 DOS Franchising Total DOS Franchising Total DOS Franchising Total OVS 547 226 773 9 89 98 556 315 871 Upim 185 197 382 - 10 10 185 207 392 Stefanel 32 39 71 - 30 30 32 69 101 Shaka 9 1 10 - - - 9 1 10 GAP 11 - 11 - - - 11 - 11
Slide 11: Disclaimer
Disclaimer This presentation is being provided to you solely for information only and may not be reproduced or redistributed to any other person. This presentation may contain certain forward-looking statements that reflect the current views of the Company’s management with respect to future events