Watches Of Switzerland Group Plc · LSE:WOSG
Watches Of Switzerland — Investor Day (July 2026)
101 slides from Watches Of Switzerland's investor day presentation, Jul 14, 2026
Slide 1: Watches of Switzerland Group PLC Strategy Deep Dive
WATCHES OF SWITZERLAND GROUP PLC Strategy Deep Dive 14th July 2026
Slide 2: Agenda
Agenda 01 Strategy & Market Overview 05 Hodinkee Brian Duffy, CEO Ben Clymer, Hodinkee Founder 02 US 06 Deutsch & Deutsch David Hurley, Deputy CEO Tad Deutsch, President 03 UK 07 Financials Craig Bolton, UK President Anders Romberg, CFO 04 Roberto Coin 08 Q&A Brian Duffy, CEO 2 The Watches of Switze
Slide 3: Strategy & Market Overview
Strategy & Market Overview
Slide 4: The Watches of Switzerland Group
The Watches of Switzerland Group Luxury Showrooms Colleagues 1. Scale and Market Leadership 191 2,924 UK’s #1 luxury watch retailer with strong and growing presence in the US #1 global market Complemented by a growing luxury jewellery proposition 2. Strong, Longstanding Brand Relationships Lon
Slide 5: Spacious, Luxury Showrooms and Exceptional Client Experience
We Operate Spacious, Luxury Showrooms and Deliver an Exceptional Client Experience Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-Owned Jewellery Experience 5 The Watches of Switzerland Group – Strategy Deep Dive July 2026
Slide 6: Relationships With Leading Global Luxury Brands
Strength and Breadth of Relationships With Leading Global Luxury Brands Watches and Jewellery Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-Owned Jewellery Experience 6 The Watches of Switzerland Group – Strategy Deep Dive July 2026
Slide 7: US Share of Sales Surpasses UK
US Share of Sales Surpasses UK, with Performance Led by Domestic Clientele Revenue mix by market 24% FY19 51% FY26 49% UK and Europe 76% US CAGR FY19 to FY26 (UK and Europe) + 6.3% CAGR FY19 to FY26 (US) at constant currency + 26.4% Revenue mix by customer segment 5% 33% FY19 FY26 Domestic 67% Touri
Slide 8: Strong Track Record of Profitable Growth
We Have Developed a Strong Track Record of Profitable Growth £M Group revenue £M EBIT 2,500 200 12.0% 1,652 1,828 2,000 10.0% 1,543 1,538 150 1,238 8.0% 1,500 905 811 786 927 774 653 692 100 6.0% 1,000 631 428 1,965 225 299 4.0% 90 185 50 500 890 846 866 901 606 810 2.0% 410 509 541 589 586 375 - 0
Slide 9: The Business Has Evolved Through Three Phases Since 2014
The Business Has Evolved Through Three Phases Since 2014 200 2500 15.5% Revenue CAGR 180 29.5% EBIT CAGR £1,965m 160 £1,828m 2000 140 £1,652m £1,543m £1,538m 120 1500 £1,238m EBIT 100 Sales 80 £905m 1000 £774m £811m 60 £631m £509m £410m FY27e 40 £375m 500 guidance mid-point 20 £9m £15m £28m £39m £52
Slide 10: Strategy to Invest in Sustainable, Profitable Growth
Our Strategy is to Invest in Sustainable, Profitable Growth in the Luxury Watch and Jewellery Markets Underpinned by further progress against our unchanged growth pillars Showroom Investment Certified Pre-Owned Ecommerce Targeted investment with a strong pipe line of projects Capturing an important
Slide 11: Invest in New Openings, Relocations, Expansions and Refurbishments
Continue to Invest in New Openings, Relocations, Expansions and Refurbishments Our well invested showrooms are luxurious, open, welcoming, contemporary, spacious, non-intimidating and browsable Through our Showroom Investments we: Strengthen Luxury Brand Presentation Deliver Exceptional Client Exper
Slide 12: Rolex Old Bond Street
Rolex Old Bond Street Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-Owned Jewellery Experience 12 The Watches of Switzerland Group – Strategy Deep Dive July 2026
Slide 13: Pre-Owned Market Increasingly Important Segment
The Pre-Owned Market Is an Increasingly Important Segment of the Luxury Watch Market The secondary watch market is over $16.7bn and growing The secondary watch market is over $16.7bn and growing …with good momentum across many luxury brands Supporting consistent growth in our pre-owned business Pre
Slide 14: Pre-Owned Attracts New Clients
Pre-Owned Attracts New Clients and Builds Client Lifetime Value Capturing incremental sales, from an incremental client NEW CLIENT ACQUISITION 77% CLIENT-LED SOURCING Rare & high-value pieces sourced to demand of pre-owned clients were new to WOSG Capability developed to service specific client dema
Slide 15: Ecommerce
Ecommerce Watches of Switzerland UK Goldsmiths Mappin & Webb Mayors Watches of Switzerland US Betteridge Roberto Coin Analog Shift Multi-brand / Awareness / Reach Growing Segment Scale Advantage Virtual Boutique Multi Channel Research Resource Showroom Certified Luxury Branded Client Ecommerce Acqui
Slide 16: The US Jewellery Market
The US Jewellery Market: #1 Globally With Strong Growth and a Shift Towards Branded; UK Returning to Growth Tailwinds from increasing female wealth generation, self purchase and desire for brand affinity $64.9bn Strong US Momentum $59.1bn UK resurgence Branded and Lab Diamonds US Fine Jewellery Mark
Slide 17: Acquisitions Bedrock of $1+ Billion US Business
Acquisitions Have Been the Bedrock of the $1 + Billion US Business Increased market penetration Talent / resources New segments Financially: Good payback / ROI Accretive Scale / Leverage Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-Owned Jewellery Experience 17 The
Slide 18: Client Experience Remains a Strongest Differentiator
Client Experience Remains One of Our Strongest Differentiators and Underpins Our Long-Term Growth Strategy Virtual Boutique Showrooms Events Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-Owned Jewellery Experience 18 The Watches of Switzerland Group – Strategy Deep D
Slide 19: Strategy Delivering Diversification and Growth
Our Strategy Is Delivering Diversification and Growth On top of a strong and resilient luxury watch business… … we have built increasing diversity into our revenue base FY19 FY26 UK Luxury Watches UK Luxury Watches US Luxury Watches US Luxury Watches Pre Owned Pre Owned Luxury Jewellery Luxury Jewel
Slide 20: Summary
Summary Markets are good • US very strong • UK resurgence WOSG model continues to drive market out performance Growth pillars driving out performance Adding new audiences Performance QTD is encouraging Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-Owned Jewellery Exp
Slide 21: Hi i Hii
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Slide 22: Exceptional Growth Since Entering the US Market in FY18
Exceptional Growth Since Entering the US Market in FY18 +24% +16% +11% Revenue $US (billions) +36% +46% 1.24 +38% +18% 0.87 1.01 +101% 0.79 0.58 0.40 0.24 0.29 0.12 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 • Mayors • First standalone • First Mayors • Mono-brand • Five doors • One door • Rolex CP
Slide 23: Nationwide Wealth and Fragmented Retail Landscape
Nationwide Wealth and a Fragmented, Independent Retail Landscape Present Further Opportunity High wealth per capita across all states Fragmented US distribution remains creates breadth of opportunity majority local jewellers 49 States have GDP per capita ahead of the UK 68% of operators have 1–3 sto
Slide 24: Significant US Wealth Generation
Significant US Wealth Generation Creates Increased Growth Potential for Luxury Watch and Jewellery Total Household Assets vs Swiss Watch Exports to US 400 350 300 250 Rebased to 100 200 150 100 50 0 2001 2006 2011 2016 2021 2022 2023 2024 2025 Total Household Assets Swiss Watch Exports to US Sources
Slide 25: Developed Our Organisational Capabilities
We Have Developed Our Organisational Capabilities…. Significant investment in US based resources In FY26 = GLOBAL BEST FUNCTIONAL UK CORPORATE SYSTEMS PRACTICES SUPPORT LOCAL INFRASTRUCTURE = MAYORS ACQUISITION EXTERNAL TALENT GEOGRAPHICAL EXPANSION = LUXURY RETAIL ACQUISITIONS NEW AGENCIES CATEGORY
Slide 26: Steadily Expanded Our Showroom Presence
…. and Steadily Expanded Our Showroom Presence MAYORS – 10 FL & GA WATCHES OF SWITZZERLAND - 12 BETTERIDGE – 3 CT & CO DEUTSCH & DEUTSCH – 4 TX ANALOG SHIFT – 1 NYC ROBERTO COIN – 400+ POINT MONO – BRAND BOUTIQUES - 33 Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-Ow
Slide 27: Investment in Continued Pipeline of Showroom Projects
Investment in a Continued Pipeline of Showroom Projects Projects Opening In 2026 TAMPA, FL (NOV 2026) MARLTON, NJ (SEP 2026) AVALON, GA (JUL 2026) GREENWICH, CT (NOV 2026) Optimise Existing Network Via Expansion And Investment In Key Cities CITY STORE PROJECT TYPE New York WoS Hudson Yards Remodel w
Slide 28: Certified Pre-Owned is Expanding Our Audience
Certified Pre-Owned is Expanding Our Audience Certified Pre-Owned has been one of our fastest growing categories ANALOG:SHIFT ACQUISITION IN SEPTEMBER OF 2020 A leading position in pre-owned & vintage watches Greater customer lifetime value Trust and Authentication Expertise & content Differentiatio
Slide 29: Ecommerce Extending Client Reach
Ecommerce is Extending Our Client Reach Beyond Our Showroom Network Opportunity to grow complementary online business Rolling out Shopify across all WOSG U.S. sites to create a scalable ecommerce foundation Built a dedicated U.S. digital team over the past 12 months, leveraging strong local talent H
Slide 30: Opportunity to Grow Luxury Jewellery Business
We See Substantial Opportunity to Grow Our Luxury Jewellery Business Increasing share in a resilient growth category Accelerate High Jewellery performance through elevated VVIP client experiences and bespoke selling opportunities Expand the Roberto Coin shop-in-shop footprint across the Watches of S
Slide 31: Targeted Acquisitions Foundation for US Business
Targeted Acquisitions Have Provided the Foundation for Our US Business We have doubled the revenue we acquired, alongside growth from new projects US Acquisitions FY26 US Revenue Nov-17 Mayors Dec-17 Wynn Sep-20 Analog Shift 23% Oct-21 Mall of America 38% Oct-21 Legacy West Nov-21 Betteridge Jun-22
Slide 32: Delivering Unforgettable Events
Delivering Unforgettable Events Each moment is a chance to create a lasting memory Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-Owned Jewellery Experience 32 The Watches of Switzerland Group – Strategy Deep Dive July 2026
Slide 33: US Summary
US Summary Built a $1.2 billion luxury platform in the world's largest market Expanded our capabilities Diversified our growth drivers Invested in the infrastructure required for the next phase of growth Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-Owned Jewellery E
Slide 34: UK
UK
Slide 35: Consistent Growth in Our UK Business
Consistent Growth in Our UK Business 8% CAGR Revenue £ (billions) 0.89 0.86 0.90 0.81 0.84 0.59 0.59 0.61 0.51 0.54 0.38 0.41 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 • WOS Regent • WOS Oxford • WOS • 100th • Covid • End of UK tax- • Opened in • Acquisition of • Rolex Old Bond str
Slide 36: Market-Leading Watch Position in the UK
We Have Built a Market-Leading Watch Position in the UK Represents circa 80% of UK total revenue Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-Owned Jewellery Experience 36 The Watches of Switzerland Group – Strategy Deep Dive July 2026
Slide 37: Certified Pre-Owned Watches Growing Category
Certified Pre-Owned Watches Continue to Be a Growing Category Launched in September 2023 42 Certified Pre-Owned POS 30 Rolex Certified Pre-Owned POS including expanded spaces Exceptional procurement and product selection Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-
Slide 38: Building Momentum With Luxury Jewellery in the UK
We Are Building Momentum With Luxury Jewellery in the UK Luxury Jewellery Lab Grown Diamonds Branded jewellery increasingly gaining momentum with a UK Launched in November 2025 and performing strongly consumer Resonating with a younger consumer and for self-purchase Mappin & Webb Luxury Jewellery Bo
Slide 39: Targeted Investment in a Selective Pipeline
Our Priority is Targeted Investment in a Selective Pipeline… We have reshaped our showroom estate We have elevated our showroom estate Investment in new luxury formats is approaching completion 55 34 63 c.80% of the showroom estate will have been through elevation 45 investment by FY27 40 39 FY24 FY
Slide 40: Invest With Confidence Behind High-Impact Projects
…and We Continue to Invest With Confidence Behind High-Impact Projects Rolex Old Bond Street Boutique Rolex Glasgow Boutique Rolex Heathrow T5 Boutique Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-Owned Jewellery Experience 40 The Watches of Switzerland Group – Stra
Slide 41: Connecting Digital and Showrooms into One Client Experience
Connecting Digital and Showrooms into One Client Experience One Connected Journey: Driving Client Engagement, Conversion and Lifetime Value 1 2 3 4 5 VIRTUAL BOUTIQUE SHOWROOM WEB ENABLED SALES DIGITAL FOLLOW UP UX & AI Human expertise transforms online Curated presentation and high touch Every show
Slide 42: Building Lifetime Value Through Client Experience
Building Lifetime Value Through Exceptional Client Experience Client Experience: A proven differentiator with 88% NPS XENIA PLAYBOOK EVENTS AFTERCARE A blueprint for how we consistently deliver Delivering Exceptional Client Experience that Essential to Exceptional Client Experience exceptional, pers
Slide 43: UK Summary
UK Summary Market resurgence Market-leading brand partnerships Estate optimisation Growth opportunities in Certified Pre-Owned and Lab Grown diamonds Exceptional teams and client experience Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-Owned Jewellery Experience 43 T
Slide 44: Roberto Coin
- | § ROBERTO COIN
Slide 45: Growth Drivers
Growth Drivers Roberto Coin Luxury Jewellery Strategy Elevate the brand positioning and grow in all distribution segments PLANS BRAND ELEVATION WHOLESALE RETAIL EXPORT • Advertising • Wholesale - • Mono Boutiques • Canada • Co-op Independents and • WOS Group Showrooms • Mexico • PR Department stores
Slide 46: Roberto Coin: A Founder-Led Luxury Jewellery Brand
Roberto Coin: A Founder-Led Luxury Jewellery Brand with Significant Growth Potential One of the key strengths of Roberto Coin is that it combines the scale and recognition of a global luxury brand with the authenticity of founder-led creativity and multi-generational family involvement ROBERTO COIN
Slide 47: From Vicenza to the World
From Vicenza to the World: A Global Luxury Brand Built on Craftsmanship A leading Italian luxury jewellery brand, blending Vicenza craftsmanship with globally inspired design Paris Rome Venice Dubai Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-Owned Jewellery Experi
Slide 48: Acquisition of Roberto Coin Inc.
Acquisition of Roberto Coin Inc.: Accelerating Our Luxury Jewellery Growth Strategy Roberto Coin Inc. Exclusive Distribution Rights Corporate Head Quarters Based in New York led by Canada President Peter Webster US 28 years as President of Roberto Coin Inc. Strong commercial team with average tenure
Slide 49: Unlocking Growth Through Brand Elevation
Unlocking Growth Through Brand Elevation Dakota Johnson Campaign Driving Awareness Co-Op Activity Across 400+ POS Digital Activity Both Brand and Wholesale Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-Owned Jewellery Experience 49 The Watches of Switzerland Group –
Slide 50: Roberto Coin PR
Roberto Coin PR 50
Slide 51: Client Events: A Strategic Asset
Client Events: A Strategic Asset Driving Brand Elevation and Sales Growth Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-Owned Jewellery Experience 51 The Watches of Switzerland Group – Strategy Deep Dive July 2026
Slide 52: Digital Training Platform for Roberto Coin Ambassadors
Launching a Digital Training Platform Empowering Roberto Coin Ambassadors Across Every Point of Sale LEARN The Learn section provides a clear and structured path to mastering the Roberto Coin brand and product offering. DISCOVER The Discover page is designed to spark inspiration and deepen emotional
Slide 53: Mayors Shows Elevated Brand Presentation Drives Sales
Mayors Demonstrates That Elevated Brand Presentation Drives Sales, ASP and ATV Growth 11 WOSG Showrooms with increased space Average Monthly $ Sales Growth Growth Post Work vs Pre 186% Average Monthly ASP ASP from $2958 to $4917 66% Average Transaction Value ATV from $3473 to $6019 73% Units per Tra
Slide 54: Shop-in-Shop Expansion Pipeline
A Significant Shop-in-Shop Expansion Pipeline Across the Wholesale Distribution Network 17 Shop-in-Shops Underway for Phase 1 (Completion January 27); 31 in Discussion for Phase 2 (2027) MEXICO Temposatis Palacio de Hierro in Querataro January 27 Showroom Certified Luxury Branded Client Ecommerce Ac
Slide 55: New Roberto Coin Mono-Brand Boutiques
New Roberto Coin Mono-Brand Boutiques Roberto Coin, Hudson Yards, New York – Opened November 25 Roberto Coin, The Forum Shops at Caesars, Las Vegas – Opened December 25 Three new Roberto Coin mono-brand boutiques opened FY26 Key locations: New York, Las Vegas and Miami Three new Roberto Coin mono-br
Slide 56: Strong Digital Presence Driving Growth
A Strong Digital Presence Driving Brand Elevation and Growth Units Average Order Value Average ASP Conversion Rate Revenue per Session Net Revenue +45% +1% +41% +46% +20% +69% Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-Owned Jewellery Experience 56
Slide 57: Roberto Coin Growth Plans
Roberto Coin Growth Plans • ASP growth – product mix & collections • Wholesale partner Shop in Shop – 20 p.a. • WOSG Shop in Shop further expansion • Mono brand boutique development • WOSG Group – 4 pa • Partner – 3 / 4 pa (FY28+) • Online • Roberto Coin site • Watches of Switzerland Group • Partner
Slide 58: Hodinkee
Latest Collection| HODINKEE RADIO Episode 80: Phil
Slide 59: The Platform for the Collector, and the Culture
The platform for the collector, and the culture. INSTAGRAM 1.1M 22.8M 1.15M The largest and most engaged global community of watch collectors and luxury enthusiasts in the world, connected across Followers (+10%) Monthly Impressions Monthly Engagements every Hodinkee product.. FACEBOOK 2025 Statisti
Slide 60: A Diverse Media Portfolio
Media Kit 2026 Our World Proprietary and Confidential A Diverse Media Portfolio Hodinkee Magazine Native App Social Media
Slide 61: A Community Like No Other
Founded in 2008, Hodinkee is the world's leading media brand in horology — a global newsroom, a bi-annual print magazine, a podcast network, an editorial shop, and a calendar of owned events for collectors. Across every channel, Hodinkee speaks to the same reader: a discerning collector who buys wat
Slide 62: Key Accolades
Fast Company: Most Innovative Companies in the World List Hodinkee has been named to the most prestigious list in all of business four times, including both in 2022 and 2023 – once for media and again for retail. TIME Magazine: 50 Best Websites in the World Hodinkee was selected as one of the 50 mos
Slide 63: One Brand, Present Across Every Channel
THE MEDIA PORTFOLIO One brand, present across every channel our audience lives in. A full-spectrum media portfolio spanning digital, social, print, audio, and live experiences. Website Native App Newsletters Social Media 2.1M Monthly Visitors COLLECTION & COMMUNITY 140K Subs | 48% Open Rate | .27% A
Slide 64: Case Study: Watches & Wonders 2026
Case Study: Watches & Wonders 2026 Watches & Wonders traffic nearly doubled content consumption while driving significant audience growth across Hodinkee’s website and app, eighteen years in. Source: GA4. Website and app metrics combined. Comp reflects equivalent 14-day periods immediately before an
Slide 65: Why Hodinkee Matters to WOSG
WHY HODINKEE MATTERS TO WOSG A media company that acts as a friend and advisor, to millions a month. 01 02 Audience access Brand halo Direct, trusted relationships with the world's most affluent watch Editorial credibility that elevates the entire Watches of Switzerland buyers, at scale. Group portf
Slide 66: A Reader of Means, and of Taste
THE READER $265 K 41 Average Household Income Average Age A reader of means, and of taste. 80 % 5–7 Male Readership Luxury watches in collection 2–3 Hodinkee Magazine reaches a global community of collectors and luxury enthusiasts who buy watches, cars, travel, and design with the same intent — and
Slide 67: A Diversified, Capital-Light Revenue Model
A diversified, capital-light revenue model. Three complementary lines, each with durable, repeatable revenue characteristics and attractive margins. Advertising & Brand Partnerships Limited Editions Insurance The commercial engine. High-margin media Co-created timepieces with premier Recurring, prem
Slide 68: Advertising and Brand Partnerships
Advertising and brand partnerships: resilient revenue built on relationships. What Is It How It Works Why It Is Durable The commercial engine of Hodinkee, • Strategic display and targeting Eighteen years of direct brand relationships connecting the world's leading brands to the • Native and branded
Slide 69: Limited Editions: Repeatable, High-Margin Franchise
Limited Editions: a repeatable, high- margin franchise. WHAT IT IS Co-created timepieces with the world's most respected watch brands, designed for and coveted by our community. HOW IT WORKS Scarcity-driven releases with a consistent history of sell-outs and high margin per unit. WHY IT IS DURABLE P
Slide 70: Hodinkee Insurance
Hodinkee Insurance: recurring revenue from a passionate collector base. WHAT IT IS HOW IT WORKS WHY IT IS DURABLE Specialty coverage built specifically for Recurring, premium-based revenue with 267K watches/jewelry are already watch collectors, offered within the Hodinkee capital-light economics and
Slide 71: The Magazine: A Printed Object, Twice a Year
HODINKEE THE MAGAZINE A printed Object, twice a year. Hodinkee Magazine is published twice yearly, each volume a nearly 200-page work of long-form reporting, original photography, and design-led storytelling. Sixteen issues in, the magazine has become a permanent record of how watches and the people
Slide 72: Talking Watches: The Industry's Definitive Interview Series
Talking Watches: The Industry’s Definitive Interview Series Talking Watches is Hodinkee’s signature editorial franchise and one of the most influential video series in the watch industry. Since its launch, the series has featured renowned collectors, entrepreneurs, athletes, artists, and cultural le
Slide 73: Talking Watches
Slide 74: A Roster Like No Other
A Roster Like No Other Kevin Hart John Mayer Ed Sheeran Jack Nicklaus Aziz Ansari Daniel Dae-Kim Kevin Love Mario Andretti David Robinson Brooke Shields Don McLean Rory McIlroy Jean Arnault Ferdi Porsche Jean-Claude Biver John Goldberger Jean Todt Bethany Frankel Tom Brady Ronnie Chieng Keith Mitche
Slide 75: The Hodinkee App: A Direct-to-Collector Platform
The Hodinkee App: A Direct-to-Collector Platform The Hodinkee app was built to deepen engagement with the world’s most passionate watch enthusiasts by creating a direct, owned relationship with our audience. The platform brings together editorial content, personalized watch collections, insurance, s
Slide 76: The Hodinkee App Case Study: Universal Geneve
The Hodinkee App Case Study: Universal Geneve Exclusive Launch ● Exclusive product launch debuted first on the Hodinkee app. ● The app served as the primary promotional and commerce channel. ● ~$1m worth of product sold in a short period, demonstrating the platform’s ability to convert an engaged co
Slide 77: Hodinkee Events: Bringing the Collector Community to Life
Hodinkee Events: Bringing the Collector Community to Life Hodinkee Events extend the brand beyond digital media by creating meaningful, in-person experiences for collectors, enthusiasts, and luxury partners. From intimate collector gatherings to large-scale activations around the industry’s most imp
Slide 78: Learning From Hodinkee's Past To Help Build WOSG's Future
Learning From Hodinkee’s Past To Help Build WOSG’s Future
Slide 79: And That Includes Me Getting Back To Work
And That Includes Me Getting Back To Work ● WOSG has unparalleled access to brands, products, and relationships – the likes of which few realize. ● Hodinkee has an incredible, dedicated audience of people who simply want to learn about and be around watches. ● The two audiences often do not overlap.
Slide 80: Deutsch & Deutsch
Slide 81: History of Deutsch & Deutsch
History of Deutsch & Deutsch Founded 1929 — Nearly a Century of Deutsch Family Heritage, Ingrained into the Community Led by three generations of the Deutsch family: Tad & Ito have maintained hands-on community engagement throughout An experiential retail culture: Built on personalised service, fun
Slide 82: Four Showrooms Spanning Texas's Southern Corridor
Texas Map Four Showrooms Spanning Texas's High-Growth Southern Corridor LAREDO U.S.A EL PASO MEXICO MCALLEN HOUSTON ( S P A C E C I T Y ) VICTORIA LAREDO MONTERREY 25 MINS AWAY MCALLEN SPACEX L A U N C H F A C I L I T Y Showroom Certified Luxury Branded Client Ecommerce Acquisitions Investment Pre-O
Slide 83: A Strategic Economic Corridor
A Strategic Economic Corridor Four Showrooms Spanning Texas's High-Growth Southern Corridor U.S.A LAREDO L A R E D O M C A L L E N N U E V O L A R E D O R E Y N O S A U MEXICO U.S.A MEXICO S MEXICO A MEXICO MCALLEN MONTERREY MONTERREY 83 The Watches of Switzerland Group – Strategy Deep Dive July 202
Slide 84: The Statewide Opportunity in Texas
The Statewide Opportunity in Texas The World's 10th Largest Economy — Structural Tailwinds for Luxury Retail 30.5 Million $2.9 Trillion TEXAS POPULATION TEXAS GDP Second largest US state by population; 30.5M $2.9T Would rank 10th globally as a standalone economy; expected to grow to 35M+ by 2030, PE
Slide 85: Laredo: Gateway to the Americas
Laredo Gateway to the Americas EL PASO LAREDO HOUSTON (SPACE CITY) L A R E D O VICTORIA N U E V O L A R E D O LAREDO MCALLEN SPACEX LAUNCH FACILITY The greater Laredo metro draws an estimated 6 million cross-border shoppers annually from Monterrey and surrounding areas creating a captive MEXICO U.S.
Slide 86: McAllen: Rio Grande Valley's Growth Engine
McAllen Rio Grande Valley's Growth Engine Available for U.S.A expansion EL PASO HOUSTON (SPACE CITY) M C A L L E N VICTORIA LAREDO MCALLEN SPACEX LAUNCH FACILITY R E Y N O S A U McAllen anchors the Rio Grande Valley, a binational metro of 2.4 million people at the center of North America's fastest-g
Slide 87: El Paso
El Paso Anchoring the Paso del Norte Binational Metroplex EL PASO HOUSTON (SPACE CITY) VICTORIA LAREDO MCALLEN SPACEX LAUNCH FACILITY The 6th-largest city in Texas and one of the most commercially active cross-border corridors in North America, with world-class infrastructure and a strategically pos
Slide 88: Integration Framework
Integration Framework Protecting Value on Day One, Accelerating Performance from Day 90 D COMMUNICATION AND RETENTION A Y • Priority was ensuring continuity — for customers, staff and brand partners — with no disruption to trading operations. O N • 95% of staff retained; existing management team rep
Slide 89: Independent Retailer Challenge
Independent Retailer Challenge Why Partnering with the WOSG was the right move – heritage preserved, growth accelerated Challenges as an Independent Retailer What the WOSG Partnership Delivers BRAND TECHNOLOGY EXPECTATIONS PROVEN DIGITAL INFASTRUCTURE Brands increasingly require CRM, clienteling too
Slide 90: Summary
Summary 90 The Watches of Switzerland Group – Strategy Deep Dive July 2026
Slide 91: Financials
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Slide 92: Continued Opportunity to Deliver Sustained, Profitable Growth
We See Continued Opportunity to Deliver Sustained, Profitable Growth Underpinned by further progress against our growth pillars • Capex to remain at consistent levels (£60- 70m) reducing as a percentage of sales Showroom Investment Certified Pre-Owned Ecommerce • Target for pre-owned sales to be 10%
Slide 93: Cost Base Well Positioned to Translate Revenue Into Profit
Our Cost Base Is Well Positioned to Translate Incremental Revenue Into Profit Growth Product represents the majority of our cost base Our opex base is tightly managed and largely fixed Cost base mix, FY26 Cost % sales, FY26 7% 3% 3.2% 6% 1.1% 11% 12.8% 1.6% 73% 5.5% Showroom Overheads Fixed Semi-Var
Slide 94: Increasing Operational Efficiency
Increasing Operational Efficiency Showroom rationalisation in the UK Investment in US infrastructure for future growth • UK showroom network rationalised during FY25 & • Group has been investing in building US FY26 infrastructure since market entry in 2018 • Focus is on fewer, higher impact location
Slide 95: Pre-Owned
Pre-Owned • Pre-owned currently 8% of luxury watch sales • Target to outperform new luxury watch market and grow to 10% mix of total luxury watch business • Opportunity to improve profit flow through as we continue to develop our expertise in this market through - Sourcing - Increased participation
Slide 96: Jewellery: Strong Growth Potential and Accretive to Our Model
Jewellery: Strong Growth Potential and Accretive to Our Model Clear potential for category growth Roberto Coin Inc. has a strong, accretive margin profile • US jewellery market very strong, UK jewellery market FY26 accelerating 19.7% • Branded jewellery and lab-grown diamonds are driving category gr
Slide 97: Ecommerce
Ecommerce • UK ecommerce sales are high single digits as a percentage of UK revenue • UK ecommerce EBIT margin is accretive to UK retail • US ecommerce represented less than 2% sales in FY26 and was dilutive to margin, whilst sub-scale. The channel is now growing significantly ahead of group sales f
Slide 98: Our Model Continues to Deliver Attractive Returns
Our Model Continues to Deliver Attractive Returns Return on Capital Employed Strong payback* on investments Acquisitions Return on Capital Employed 4-5 years 30.0% 27.4% 27.9% 25.0% 19.7% 19.5% 19.0% 20.0% 18.0% 15.8% 15.8% 14.4% 14.7% 15.0% Flagship showrooms 10.0% 8.9% 2-4 years 6.7% 5.0% 0.0% FY1
Slide 99: Clear Capital Allocation Priorities
We Maintain Clear Capital Allocation Priorities Capex and acquisitions have been funded from cash Showroom Investment generation Targeted investment in showroom pipeline remains a priority Capex to remain at £60-70m p.a. but trending down as % to Investments underpinned 15% revenue CAGR sales 722 (1
Slide 100: Q&A
WATCHES OF SWITZERLAND GROUP PLC Q&A
Slide 101: Disclaimer
Disclaimer Cautionary note regarding forward-looking statements This presentation has been prepared by Watches of Switzerland Group PLC (the ‘Company’). It includes statements that are, or may be deemed to be, "forward-looking statements". Forward-looking statements are statements based on the Compa
Watches of Switzerland Group — Investor Day (July 2026) on 6ix