Slide 1: 3Q24 Results Presentation
ib 3Q24 RESULTSA PRESE}I TATION GDANSK, 12 an | Vi 2) Ms RESERVED CROPP House MOHITO sinsay R 2024
Slide 2: Disclaimer
DISCLAIMER This presentation (the “Presentation”) was prepared by LPP SA (the “Company”) with due care. Still, it may contain certain inconsistencies or omissions. The Presentation does not contain a complete or thorough financial analysis of the Company and does not present its standing or prospect
Slide 3: Summary 3Q24
SUMMARY 3Q24 = Very good response to the autumn collections by customers. * — PLN 5.2bn revenue in the third quarter, up by 19.8% YoY (+25,2% in constant currency). = 135 new stores opened, including 105 dedicated to the Sinsay brand. * Dividend payment reduced by the advance (PLN 285) in the amount
Slide 4: Over 2,500 stores
OVER 2,500 STORES As at 31.10.2024 No. of stores YoY LPP GROUP 2,574 + 368 Sinsay 1,230 +323 Reserved 365 +3 Cropp 374 +2 House 371 +17 Mohito 234 +3 LPP Baltics 110 (+11) Eastern Europe & ME 275 (+74) 4 3Q24 PRESENTATION >
Slide 5: 3Q24 Financial Results
3Q24 FINANCIAL RESULTS < LPP 5 3Q24 PRESENTATION >
Slide 6: High double-digit growth in offline and online sales
HIGH DOUBLE-DIGIT GROWTH IN OFFLINE AND ONLINE SALES GROUP REVENUES (PLN m) i 415.6% —, 14,523 a 419.8% —y 12,565 5,212 4,350 - ee 3,044 3,759 1,027 1,394 we 162 —232_ — 662 — 3Q23 3Q24 9M23 9m24 = Offline Online Trade agents @ Other LPP Growth in the Group's sales revenue in 3Q24 by 19.8% YoY. Grow
Slide 7: Dynamic growth of floorspace
DYNAMIC GROWTH OF FLOORSPACE OMNICHANNEL SALES AND FLOORSPACE BY REGION FLOORSPACE OMNICHANNEL SALES ths. m2] PLN m 3024] Yoy| 3Q24| Yor ae LPP GROUP 2,254.8| 17.2%| 5,050; 21.9%| 100% Poland o.4| 101%} 2,208] 18.3%] 44% Abroad 1343.4 22.6%} 2,843| 24.9%| 56% LPP In 3Q24, omnichannel sales on foreig
Slide 8: Very strong quarter in e-commerce sales
VERY STRONG QUARTER IN E-COMMERCE SALES ONLINE BY REGION (PLN m) 1,394 1,027 750 567 459 643 3928 3024 Poland LPP — +23.5% —, 3,759 3,044 1,982 1,677 777 1,367 9M23 9M24 Abroad * In 3Q24, +40.0% YoY growth in online revenues in Poland driven by brand recognition and apps launched. " Sales in foreign
Slide 9: Gross profit margin by quarter, 3Q22-3Q24
▪ ▪ ▪ 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24
Slide 10: Rental costs, HR costs and other costs
▪ ▪ ▪ 3Q23 3Q24 Rental costs HR costs Other costs
Slide 11: SG&A/m²
▪ 50% ▪ 350 45% 300 40% 35% ▪ 250 30% 200 25% 20% 150 ▪ 15% 100 10% 50 ▪ 5% 0% 0 3Q23 3Q24 ▪ SG&A/ m² SG&A % sales
Slide 12: Good performance of the Group in the 9-month period
GOOD PERFORMANCE OF THE GROUP IN THE 9-MONTH PERIOD PLN m, IFRS16 3Q23 3Q24 YoY 9M23 9M24 YoY Revenues 4,350 5,212 19.8% 12,565 14523 15.6% Omnichannel sales 4,143 5,050 21.9% 11,628 13,856 19.2% Gross profit margin on 55.8% 54.8% -1.0pp. 51.1% 53.2% 2.1pp SG8A COSTS 1,600 2,096 31.0% 4,728 5,928 25
Slide 13: Inventory/m² (PLN)
▪ 5,000 2,500 ▪ 2,000 4,000 ▪ 3,000 1,500 ▪ 2,000 1,000 ▪ 1,000 500 0 0 3Q23 3Q24 Inventory (PLN m) Inventory/ m² (PLN)
Slide 14: Trade receivables, inventory and trade liabilities
▪ ▪ ▪ ▪ ▪ 3Q23 3Q23 3Q24 3Q24 Trade receivables Inventory Trade liabilities
Slide 15: Net debt
▪ ▪ 5,000 ▪ 4,500 1.2 4,000 3,500 1.0 ▪ 3,000 0.8 ▪ 2,500 0.6 2,000 ▪ 1,500 0.4 1,000 ▪ 0.2 500 0 0.0 3Q23 3Q24 ▪ Net debt Net debt/ EBITDA (4Q)
Slide 16: Implementation of ambitious investment plans
IMPLEMENTATION OF AMBITIOUS INVESTMENT PLANS CAPEX (PLN m) [ +79.0% —y 519 222 290 3923 3024 @ Stores LPP 692 782 9M23 9M24 Other 16 * In 3Q24, Capex amounted to PLN 519m, i.e. +79.0% YoY. " Expenditure on stores amounted to PLN 297m due to dynamic openings of Sinsay brand stores. " Expenditure on i
Slide 17: LPP 3Q24 Presentation
LPP 17 3Q24 PRESENTATION
Slide 18: "Black Week" stronger in online
“BLACK WEEK” STRONGER IN ONLINE GNHINE OFFLINE +28% YoY growth in revenues (constant currency). +7% YoY growth in revenues (constant currency). Record results in traditional 9 . Almost 50% share of online stores in 2023 sales in revenues 16% YoY growth in Group’s revenues in constant currency. Promo
Slide 19: Debut of Cropp and House apps
DEBUT OF CROPP AND HOUSE APPS In October 2024, the Cropp and House brand mobile apps were launched in Poland. This is in response to the growing share of m-commerce in online sales of the other brands. ‘OWN THE STREETS LPP 19 3Q24 PRESENTATION >
Slide 20: Extension of the distribution center in Romania
EXTENSION OF THE DISTRIBUTION CENTER IN ROMANIA DC after extension (Bolintin Deal) The Distribution Center located in CTPark 91,000 m2 Bucharest West near Bucharest was extended by additional 42,000 m2. Goal: " Supporting a network of traditional stores Bolintin-deal in the dynamically developing SE
Slide 21: New employer branding strategy
Orug! poja NEW EMPLOYER BRANDING STRATEGY Parallel to the plans for dynamic growth of the network, the employer branding strategy “Attracting through products. Inspiring through people” was announced. Our goal is to attract and retain talent across the organisation. LPPsa LPP retan CORSISWARIES Cup
Slide 22: Corporate events
CORPORATE EVENTS CHANGE IN THE MANAGEMENT BOARD Resignation of CFO, Przemystaw Lutkiewicz. Appointment of Marcin Bdjko as the Vice-President responsible for the area of finance. DIVIDEND PAYMENT In accordance with the resolution of the Annual General Meeting of Shareholders, the dividend for the fin
Slide 23: 2024 + Outlook
2024 + OUTLOOK < LPP 23 3Q24 PRESENTATION >
Slide 24: Positive outlook for 4Q
POSITIVE OUTLOOK FOR 4Q = 22.4% YoY growth in the Group’s revenue in constant currency in the period from 1 November to 10 December 2024. = Positive reponse to winter collections, including the Christmas offer. = Planned opening of 290 new stores of all brands in 4Q24. LPP 24 3Q24 PRESENTATION >
Slide 25: Christmas and New Year's Eve collections
THE WIDE OFFER INCLUDES, AMONG OTHERS, THE FOLLOWING CHRISTMAS COLLECTIONS: COLLECTIONS AND NEW YEAR’S EVE RESERVED = Reserved brand well prepared for the busy Christmas and New Year's Eve/Carnival shopping period. "For customers who appreciate comfort and quality just as much as fashion, a variety
Slide 26: Dynamic development of Sinsay store network
DYNAMIC DEVELOPMENT OF SINSAY STORE NETWORK 9M24 4Q24 560 2024 275 Sinsay stores = Sinsay brand store openings in smaller towns, mainly retail parks. . = Highest store development in 2024 outside Poland in the countries Seg of over oO pew oes of South and Central and Eastern Europe. oral ands planne
Slide 27: 2024 target: growth in revenues
2024 TARGET: GROWTH IN REVENUES "Group revenues PLN 20-21bn. "Gross profit margin on sales 52-53%. " SG&A/ revenues max. 40% - maintaining cost effectiveness. "Offline revenues - floorspace +23% YoY and positive LFLs. = Online revenues - double-digit YoY growth. = PLN 1.9bn capex, including PLN 1.4b
Slide 28: Further e-commerce development in 2025
FURTHER E-COMMERCE DEVELOPMENT IN 2025 Online sales account for more than 25% of total revenues in 2024. The development of mobile apps contributed to very good performance. The Sinsay app generates almost 70% of sales in markets where it is available. Other apps are also rapidly gaining high shares
Slide 29: Acceleration in store network development
ACCELERATION IN STORE NETWORK DEVELOPMENT OPENINGS OF SINSAY STORES a 1,500 2023 2024 2025 = Highest number of new store openings in 2025 outside Poland in the countries of South and Central and Eastern Europe. = Debut of Sinsay brand stores in Albania and Kosovo planned in 1H25. Cs At the end of 20
Slide 30: 2025 targets
2025 TARGETS "Group revenues ca PLN 26bn. "Gross profit margin on sales 52-53%. " SG&A/ revenues max. 40% - maintaining cost effectiveness. "Offline revenues - floorspace + 35-40% YoY and positive LFLs. = Online revenues - double-digit YoY growth. = PLN 3.5bn capex, including PLN 2.3bn for stores. =
Slide 31: 3Q24 Presentation
3Q24 PRESENTATION
Slide 32: Glossary
GLOSSARY Poland Other countries Revnues GK LPP Omnichannel sales EBITDA Average monthly revenues/ m? Average monthly costs of own stores/ m? Average monthly SG&A PLN/ m? Inventory/ m? Cash turnover cycle Revenues in constant currencies (CC) Underlying EBIT LPP Retail sales in Poland and other sales
Slide 33: Contact
CONTACT LPP SAHQ ul. Lakowa 39/44, 80-769 Gdarsk Tel. +48 58 76 96 900 Email: lpp@lpp.com CONTACT FOR INVESTORS E-mail: LPP.investor.relations@lpp m CONTACT FOR MEDIA E-mail: media@lpp.com 008s discoverlpp i company/Ipp-sa i discoverlpp discoverlpp