Slide 1: Investor Presentation June 2026
Investor Presentation JUNE 2026
Slide 2: Disclaimer
Disclaimer This presentation (the “Presentation”) was prepared by LPP SA knowledge and depend on many factors due to which the (the “Company”) with due care. Still, it may contain certain actual results achieved by the Company may differ materially inconsistencies or omissions. The Presentation does
Slide 3: Contents
Contents 01 L P P A T A G L A N C E …………………………………………... 4 02 B U S I N E S S M O D E L ……………………………………….…… 8 03 S I N S A Y : L P P ’ S G R O W T H E N G I N E ……………… 1 9 04 F I N A N C I A L S …………………………………….……………….. 2 6 05 B A C K - U P ……………………………………………………………. 3 1 INVESTOR PRESENTATION 3
Slide 4: LPP at a glance
01 LPP at a glance INVESTOR PRESENTATION 4
Slide 5: LPP – long record of strong & profitable growth
LPP – long record of strong & profitable growth revenues EBITDA PLN 23.1 bn PLN 5.4 bn +16.2% +22.2% 46 3,748 CAGR (2015-2025) CAGR (2015-2025) stores countries offline + online e-commerce 28% EBITDA margin of revenues 23% Data for 2025 Data as of 31.01.2026 Data have been adjusted for the impact of
Slide 6: Consistent value creation for shareholders
Consistent value creation for shareholders PLN regular dividend payments LPP – SHARE PRICE (PLN) 24,280 for 15 years highest share price 21 April 2026 20,000 PLN 900 dividend per share, 16,000 i.e. +36% YoY dividend yield: 4% 12,000 8,000 PLN 36.5 bn market capitalization +28% 3Y PLN 80+ m 4,000 +24
Slide 7: Profitable growth with very attractive valuation
Profitable growth with very attractive valuation GROWTH OF APPAREL COMPANIES 45 HIGH GROWTH MODERATE GROWTH EBIT margin HIGH-VALUED HIGH-VALUED 40 Inditex 20% 35 Fast Retailing 17% 30 P/E ratio LPP 14% 25 TJX 12% 20 H&M 8% 15 GAP 7% 10 SLOW GROWTH HIGH GROWTH RELATIVELY HIGH STOCK PRICE UNDERVALUED
Slide 8: Business model
02 Business model INVESTOR PRESENTATION 8
Slide 9: Two business models under one roof
Two business models under one roof REVENUE SPLIT STORES: SINSAY vs HERITAGE BRANDS Data for 2025 - physical stores design & value mainstream-priced brand brands Gross margin % 54% heritage brands 62% 29% Opex/Sales % 28% heritage brands 37% GLOBAL 55% 30% TRENDS EBITDA/Sales % heritage brands 30% FA
Slide 10: Our e-commerce repeatedly outpaces the market
Our e-commerce repeatedly GROWTH LEVERAGES outpaces the market Natural growth e-commerce and increase in customer reach ONLINE STORE LAUNCH & POST- GROWTH REALIZING FULL STEADY ORGANIC GROWTH PANDEMIC OUTPACING OMNICHANNEL Development ACCELERATION THE MARKET POTENTIAL of mobile apps & Sinsay Club 10
Slide 11: Highly-automated & efficient logistics network
Highly-automated & efficient logistics network 663 GDAŃSK PRUSZCZ GDAŃSKI ths m2 PRUSZCZ GDAŃSKI Poland Poland Poland BRZEŚĆ KUJAWSKI NOW Poland TCZEW Poland JASIONKA Poland Kazakhstan shortened delivery time (plan 2027) DC + FC vs re-export from Poland (plan 2027) logistic hub for Asian BYDGOSZ
Slide 12: Technological leverage in our operations
Technological leverage in our operations LOGISTICS STORE CHAIN EXPANSION CONTACT CENTER 3,500+ robots 7 markets 28 languages A tool to support the expansion Recommendation engine, forecast and allocation of goods of the store chain 200+ calls simultaneously INVESTOR PRESENTATION 12
Slide 13: AI-powered customer experience
AI-powered customer experience VIRTUAL TRY-ON STUDIO AI PHOTO SHOOTS VIRTUAL ASSISTANT INVESTOR PRESENTATION 13
Slide 14: LPP: balanced exposure to strong emerging markets
LPP: balanced exposure to Total stores 3,841 strong emerging markets Baltics 164 WE 92 Poland 1,339 EE&Asia 675 CEE (ex. Poland) Poland 44% 2025 548 REVENUE SPLIT Abroad SEE 56% 1,005 ME 18 Data as of 30.04.2026 INVESTOR PRESENTATION 14
Slide 15: INVESTOR PRESENTATION
LPP INVESTOR PRESENTATION e
Slide 16: INVESTOR PRESENTATION
LPP INVESTOR PRESENTATION eo
Slide 17: INVESTOR PRESENTATION
INVESTOR PRESENTATION 17
Slide 18: Why invest in LPP?
Why invest in LPP? UNIQUE BUSINESS FORMULA THAT OFFERS ATRRACTIVE FINANCIAL OPPORTUNITY Sinsay - highly scalable concept Proven track-record Design & Value as unique category +16.2% revenues & +22.2% EBITDA on the market CAGR (2015-2025) Unmatched omnichannel ecosystem Financial strength omnichannel
Slide 19: Sinsay: LPP's growth engine
03 Sinsay: LPP’s growth engine INVESTOR PRESENTATION 19
Slide 20: Sinsay – unique model combining fashion brands and value
Sinsay – unique model that combines best of two worlds: fashion brands and value for money FASHION VALUE FOR ASIAN ONLINE BRANDS MONEY PLATFORMS DESIGN esthetic product & modern shop PRICE very affordable ONLINE strong omnichannel ecosystem PROXIMITY OF physical stores BRAND TRUST reliability for cu
Slide 21: Seamless omnichannel ecosystem
Seamless omnichannel ecosystem omnichannel 33% new stores drive synergies of customers visit e-com channels app downloads before purchase in stores 25% +44% of customers make spike in app additional purchase downloads in store while after new handling online store opens orders OMNICHANNEL CUSTOMER c
Slide 22: Sinsay – proven model with exceptional profitability
Sinsay – proven model with exceptional profitability NEW SINSAY STORES STORE PROFITABILITY1 STORE PAYBACK PERIOD1 (# gross) (EBITDA %) (months) 913 70% ~750 annualy 50% average Sinsay store ~17 months 564 avg. EBITDA: 30% 30% heritage brands store 26 10% avg. EBITDA: 30% 278 17 13 15 -10% -30% 2023
Slide 23: Sinsay app offers gamified experience to generate engagement
Sinsay app offers gamified experience to generate engagement 32 m total downloads1 +45% YoY SINSAY APP SHARE IN SALES1 MOST DOWNLOADED APP IN POLAND IN 20252 2025 11 m 83% 2,037,091 1,892,159 2024 77% 1,325,084 active users1 2023 56% 1,187,120 2022 22% #1 502,079 2021 0% 22,528 1 Source: own data 2
Slide 24: Enormous market potential
Enormous market potential CEE BALTICS, ITALY & EE & NEW POLAND SEE TOTAL (ex. Poland) FINLAND COUNTRIES population million 38 26 54 71 111 300 Sinsay stores market potential1 1,300 900 1,900 2,300 3,600 10,000 Sinsay stores at the end of 2025 656 322 751 154 505 2,388 saturation 1 Own calcualtion ba
Slide 25: Sinsay - unique and highly scalable business model
Sinsay - unique and highly scalable business model SINSAY STORES COUNTRIES REVENUES (# net) (#) (PLN bn) 2.7x +35% Growing share 27 of Sinsay ~4,000 ~30-31 20 19.4 65% 1,512 51% 49% 35% 2024 2027 2024 2027 2024 2027 Sinsay Heritage brands INVESTOR PRESENTATION 25
Slide 26: Financials
04 Financials INVESTOR PRESENTATION 26
Slide 27: Dynamic top-line and robust returns
Dynamic top-line and robust returns REVENUES OPEX/ SALES EBITDA1 (PLN bn) (%) (PLN bn) ~1.4x operational Steady profitability 43 efficiency growth 42 23.0 41 40 19.3 5.4 38 4.1 16.6 37 42.6% 13.9 36 40.7% 40- 35 41% 34 33 5.4 6.4 32 31 2024 2025 2027 2024 2025 2027 2024 2025 2027 online offline 21%
Slide 28: Strong cash flow outlook with leverage at very safe level
Strong cash flow outlook with leverage at very safe level CAPEX CASH FLOW NET DEBT/EBITDA (PLN bn) (PLN bn) 3.2 0.2 1.1x 1.0x 1.3 2.0 1.8 7% 0.2 1.5 24% 0.4 4.7 1.6 3.2 1.2 69% 2024 2025 2027 cash capital cash capital 2025 2027 generation allocation generation allocation Stores Logistics Other 2025
Slide 29: Our commitment to enhancing value for shareholders
Our commitment to enhancing value for shareholders DIVIDEND PAYOUT & YIELD Clear dividend policy PLN bn | % 2.0 4.5 min 50% of separate net income 3.9% 3.9% 3.8% 4.0 max 70% of consolidated net income 3.4% 1.5 3.1% 3.2% 3.5 Steadily growing profit as a base for strong TSR 3.0 For 2025 LPP’
Slide 30: Why invest in LPP?
Why invest in LPP? UNIQUE BUSINESS FORMULA THAT OFFERS ATRRACTIVE FINANCIAL OPPORTUNITY Sinsay - highly scalable concept Proven track-record Design & Value as unique category +16.2% revenues & +22.2% EBITDA on the market CAGR (2015-2025) Unmatched omnichannel ecosystem Financial strength omnichannel
Slide 31: Back-up
05 Back-up INVESTOR PRESENTATION 31
Slide 32: Mid-term guidance
Mid-term guidance actuals guidance 2023 2024 2025 2026 2027 Sales core business, PLN bn 16.2 19.4 23.0 ca 26-27 ca 30-31 including: Offline 11.7 13.9 16.6 ca +16 - 20% YoY ca +15 - 20% YoY Online 4.3 5.4 6.4 ca +10 - 12% YoY ca +15% YoY Gross profit margin on sales 53.7% 55.2% 55.6% ca 56.0% 55.0% -
Slide 33: Contact
Contact LPP SA HQ ul. Łąkowa 39/44, 80-769 Gdańsk Tel. +48 58 76 96 900 Email: lpp@lpp.com CONTACT FOR INVESTORS Email: LPP.investor.relations@lpp.com discoverlpp company/lpp-sa discoverlpp discoverlpp