VERSACE JIMMY CHOO MICHAEL KORS 3Q Fiscal Year 2021 Earnings Presentation February 3, 2021 THIRD QUARTER FISCAL 2021 HIGHLIGHTS • Revenue trends improved sequentially in 3Q21 o 3Q21 E-commerce sales up 65%, a sequential acceleration versus 2Q21 o Positive retail sales in Asia across all Luxury Houses, led by double digit growth in Mainland China o Double-digit growth in global retail sales at Versace • 3Q21 Gross Margin expansion of 520 bps • 3Q21 Operating Margin expansion of 290 bps • Reduced debt by appr ...