LuxExperience B.V. · NYSE:LUXE
LuxExperience B.V — Q1 FY26 Earnings Presentation
32 slides from LuxExperience B.V's earnings presentation, November 2025
Slide 1: Investor Presentation
Investor Presentation November 2025
Slide 2: Legal Disclaimer
Legal Disclaimer Forward Looking Statements & Industry Information This presentation contains forward-looking statements that are subject to risks and uncertainties. All statements other than statements of historical fact or relating to present facts or current conditions included in this presentati
Slide 3: LuxExperience Offers A Unique Investment Opportunity
LuxExperience Offers A Unique Investment Opportunity Outstanding market opportunity Unique valuable assets in given resilience of luxury and high differentiated brands, global growth potential of online geographic reach, and a large, high-value customer base Bold transformation plan and highly Ambit
Slide 4: Business Highlights Q1 FY26
Business Highlights Q1 FY26 4
Slide 5: LuxExperience Business Highlights Q1 FY26
LuxExperience Business Highlights Q1 FY26 • Outstanding topline growth with GMV increasing by +13.5% and Net Sales by +12.2% vs. Q1 FY25 • Growth in number of top customer of +10.2% vs. Q1 FY25 and strong growth of GMV per top customer of +15.0% vs. Q1 FY25 • Outstanding increase in AOV LTM with +10
Slide 6: LuxExperience's Business Performance As Expected in Q1 FY26
LuxExperience’s Business Performance As Expected in Q1 FY26 Luxury | Mytheresa Luxury | NAP & MRP Off-Price | YOOX +13.5% (10.8%) (19.3%) Gross Merchandise Value (GMV) 216.6 245.9 251.7 224.5 147 118.6 (in €mm) Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 +70bps +120bps +390bps Gross Margin (in %
Slide 7: Very Fast Start to Transformation of Group Structure, Processes and Infrastructure
Very Fast Start to Transformation of Group Structure, Processes and Infrastructure • Reorganization of Group to new operating model almost completed • New leadership teams appointed at all store brands of YNAP Organization • Separation of off-price central functions from luxury businesses completed
Slide 8: Luxury | Mytheresa Q1 FY26
LuxExperience _ Luxury | Mytheresa . Q1 FY26
Slide 9: Mytheresa with Outstanding Results Across Key Performance Indicators in Q1 FY26
Mytheresa with Outstanding Results Across Key Performance Luxury | Mytheresa Indicators in Q1 FY26 Q1 FY26 Highlights Luxury | Mytheresa Total Active Customers LTM (in ‘000) Average Order Value (AOV) (in €) 812 797 (3.6%) vs. LY +10.7% vs. LY Top Customer Share of Total Customers Growth in Spend per
Slide 10: Excellent Top Customer Engagement With Digital and Physical Experiences at Mytheresa
Excellent Top Customer Engagement With Digital and Physical Luxury | Mytheresa Experiences at Mytheresa in Q1 FY26 Unique TC Events & Experiences High-End Luxury Brand Collaborations CALVIN KLEIN BRUNELLO CUCINELLI MONCLER LOEWE COLLECTION Calvin Klein, New York Exclusive Pre-Launch of Launch of the
Slide 11: Outstanding Growth On Top and Bottom Line for Mytheresa in Q1 FY26
Outstanding Growth On Top and Bottom Line for Mytheresa Luxury | Mytheresa in Q1 FY26 Illustrative Key Operating and Financial Metrics – Luxury | Mytheresa1 Q1 FY25 Q1 FY262 YoY Growth LTM Active Customers (‘000) 842 812 (3.6%) Gross Merchandise Value (€mm) 216.6 245.9 +13.5% Net Sales (€mm) 201.7 2
Slide 12: Luxury | NAP & MRP Q1 FY26
LuxExperience Luxury | NAP & MRP Q]1 FY26
Slide 13: NET-A-PORTER and MR PORTER With Clear Signs of Commercial Turnaround
NET-A-PORTER and MR PORTER With Clear Signs of Commercial Luxury | NAP & MRP Turnaround Across Key Performance Indicators in Q1 FY26 Q1 FY26 Highlights Luxury | NAP & MRP Total Active Customers LTM (in ‘000) Average Order Value (AOV) LTM (in €) 872 836 (25.9%) vs. LY +15.5% vs. LY Top Customer Share
Slide 14: NAP & MRP With Renewed Focus on EIP Events & Exclusive Brand Collaborations
NAP & MRP With Renewed Focus on EIP Events & Exclusive Luxury | NAP & MRP Brand Collaborations in Q1 FY26 Unique TC Events & Experiences High-End Luxury Brand Collaborations NILI LOTAN CHLOE JIMMY CHOO AIME LEON DORE NET-A-PORTER celebrates 25 years with an intimate client dinner in London Exclusive
Slide 15: Financial Results at NET-A-PORTER and MR PORTER Combined as Expected in Q1 FY26
Financial Results at NET-A-PORTER and MR PORTER Combined Luxury | NAP & MRP as Expected in Q1 FY26 and First Signs of Improved Trading Illustrative Key Operating and Financial Metrics – Luxury | NAP & MRP1 Q1 FY25 Q1 FY26 YoY Growth LTM Active Customers (‘000) 1,176 872 (25.9%) Gross Merchandise Val
Slide 16: Off-price | YOOX Q1 FY26
LuxExperience Off-price | YOOX Ql FY26
Slide 17: Focus on Healthy Core for YOOX Drives Expected Decline but Improved Quality
Focus on Healthy Core for YOOX Drives Expected Decline but Off-price | YOOX & THE OUTNET Also Improved Quality of the Business Q1 FY26 Highlights Off-price | YOOX Total Active Customers LTM (in ‘000) Average Order Value (AOV) LTM (in €) 1,121 256 (20.1%) vs. LY +18.0% vs. LY Top Customer Share of To
Slide 18: Signed Agreement to Sell the Assets Powering THE OUTNET
Signed Agreement to Sell the Assets Powering THE OUTNET Off-price | YOOX & THE OUTNET The O Group LLC • Assets of THE OUTNET for a cash • New owners include luxury fashion consideration of USD 30 million experts Joseph Edery and Timeless Group of Companies CEO Ritesh Punjabi • Transitional Service A
Slide 19: Financial Results of Off-Price Segment as Expected Driven by Focus on Healthy Core
Financial Results of Off-Price Segment as Expected Driven by Off-price | YOOX & THE OUTNET Focus on Healthy Core of the Business Illustrative Key Operating and Financial Metrics – Off-price | YOOX1 Q1 FY25 Q1 FY26 YoY Growth LTM Active Customers (‘000) 1,403 1,121 (20.1%) Gross Merchandise Value (€m
Slide 20: Group Financial Results Q1 FY26
Group Financial Results Q1 FY26 20
Slide 21: LuxExperience Group Financial Performance as Expected in Q1 FY26
LuxExperience Group Financial Performance as Expected in Q1 FY26 LuxExperience Group – Illustrative1 Q1 FY25 Q1 FY26 YoY Growth Gross Merchandise Value (€mm) 615.3 589.0 (4.3%) Net Sales (€mm) 581.8 557.2 (4.2%) Gross Profit Margin2 42.2% 44.1% +190bps Adj. EBITDA3 (€mm) (18.3) (28.1) +53.6% Adj. EB
Slide 22: LuxExperience Group P&L in Line With Expectations and Transformation Plan
LuxExperience Group P&L in Line With Expectations and Transformation Plan LuxExperience Group – Gross Profit and Cost Line Ratios by Segment - Illustrative in €mm Luxury | Mytheresa Luxury | NAP & MPR Off-price | YOOX LuxExperience Group Q1 FY26 YoY Growth Q1 FY26 YoY Growth Q1 FY26 YoY Growth Q1 FY
Slide 23: First Good Results of SG&A Cost Reductions in Q1 FY26
First Good Results of SG&A Cost Reductions in Q1 FY26 LuxExperience Group – SG&A Cost Development in €mm Q1 FY25 Q1 FY26 Δ Sales & Marketing 26.6 26.7 0.1 Group Operations 58.1 49.6 (8.5) Group Tech1 37.2 30.6 (6.6) Group Corporate 26.5 26.6 0.1 Total Adjusted SG&A 148.5 133.5 (15.0) Notes: 1) Inclu
Slide 24: Turnaround Plan Fully Funded With Cash On Balance Sheet, And Significant Liquidity Headroom Left
Turnaround Plan Fully Funded With Cash On Balance Sheet, And Significant Liquidity Headroom Left €200 million RCF2 €604 million1 €200 million RCF €430 - 450 million €200 - 300 million Cash and cash equivalents balance Forecasted Cash and cash equivalents Expected remaining cash outflow for of LUXE G
Slide 25: LuxExperience Provides Updated Full FY26 Guidance
LuxExperience Provides Updated Full FY26 Guidance Assumptions for Full FY26 Guidance for Full FY26 GMV between €2.4 billion to €2.7 billion 1 Luxury | Mytheresa is expected to continue growing its GMV topline 1 and Adjusted EBITDA Margin between (2%) 2 Luxury | NAP & MRP segment is expected to still
Slide 26: At Group Level, LuxExperience Targets €4bn Net Sales And 7-9% Adj. EBITDA
At Group Level, LuxExperience Targets €4bn Net Sales And 7-9% Adj. EBITDA In The Medium-term Medium-term targets1 GMV / Net Sales 10-15% CAGR % Growth to achieve €4bn net sales in FY30 Adjusted EBITDA Margin 7-9% as % of Net Sales 1. These are not projections; they are goals / targets and are forwar
Slide 27: LuxExperience Offers A Unique Investment Opportunity
LuxExperience Offers A Unique Investment Opportunity Outstanding market opportunity Unique valuable assets in given resilience of luxury and high differentiated brands, global growth potential of online geographic reach, and a large, high-value customer base Bold transformation plan and highly Ambit
Slide 28: Appendix
LuxExperience Appendix
Slide 29: Reconciliation to IFRS Metrics
Reconciliation to IFRS Metrics Three months ended September 30, 2024 Luxury Off- Luxury NAP & Price Other(*) Reconciliation(**) Aggregated Mytheresa (in € millions) (unaudited) MRP YOOX Net sales 201.7 238.0 142.1 41.6 - 623.4 Cost of sales, exclusive of (113.1) (127.2) (95.8) (34.3) - (370.4) depre
Slide 30: Reconciliation to IFRS Metrics
Reconciliation to IFRS Metrics Three months ended September 30, 2025 Off- Luxury Luxury IFRS Price Other(*) Reconciliation(**) Mytheresa NAP & MRP Consolidated (in € millions) (unaudited) YOOX Net sales 226.3 212.3 118.6 19.2 (2.9) 573.5 Cost of sales, exclusive of (125.4) (110.8) (75.3) (14.2) 2.9
Slide 31: Reconciliation to IFRS Metrics
Reconciliation to IFRS Metrics Three months ended September 30, Change 2024 2025 (in € millions) (unaudited) in % / BPs Net loss from continued operations (23.5) (83.4) (254.8%) Depreciation and amortization 7.1 11.6 63.5% Finance costs, net 1.2 1.1 (7.9%) Income tax (expense) benefit (7.7) 0.6 (107
Slide 32: NET-A-PORTER
NET-A-PORTER THE OUTNET NET-A-PORTER THE OUTNET NET-A-PORTER THE OUTNET MR PORTER MYTHERESA NET-A-PORTER Yoox MYTHERESA THE OUTNET uxExperience MR PORTER MYTHERESA NET-A-PORTER Yoox MYTHERESA THE OUTNET MR PORTER YOOX MR PORTER YOOX MR PORTER YOOX