【Delayed】FY2021 3Q Results Briefing Material

INDEX

1. EXECUTIVE SUMMARY
2. BUSINESS HIGHLIGHTS

03 STATUS BY BRAND

04 STATUS BY SALES CHANNEL

1. FUTURE INITIATIVES
2. APPENDIX

Executive Summary

Marked record high profits in cumulative Q3/FY2021

• Net sales: 23.766 billion yen (+63.1% YOY)
• Operating profit: 4.428 billion yen (+433.1% YOY)
• Net sales increased by 4.4% quarter on quarter in 3Q to 8.455 billion yen, and the operating profit grew by 24.9% to 1.966 billion yen. Both net sales and operating profit this quarter were a historic high.

New product, Black Balm has had a rocket start

• Duo "The Cleansing Balm Black Repair", which focuses on pore care has well captured the needs of consumers in their 20s. The sales immediately post launch has grown rapidly especially among this age group surpassing our initial expectations.

Preparations to enter China steadily underway

• Signed a strategic business partnership with Tencent in April 2021.
• Opened Duo's flagship store on douyin* in March 2021.
• Established a local company in China, the "Premier Anti-Aging（Shanghai）Co.,Ltd. " in February 2021.
  Completed the NMPA medical device registration in March and are planning to begin selling sitrana products in the Tmall flagship store in May.

*Chinese version TikTok

© Premier Anti-Aging Co.,Ltd.

4

02 BUSINESS HIGHLIGHTS

*Premier Wellness Science Co., Ltd. Established in FY2021 2Q and Premier Anti-Aging（Shanghai）Co.,Ltd. established in FY2021 3Q have been included in the scope of consolidation. FY2020 results referenced in this document refer to that of Premier Anti-Aging Co., Ltd. whilst FY2021 results include those of the abovementioned two companies.