Boozt

Earnings Release • Feb 1, 2022

Press Release

MALMÖ, SWEDEN, FEBRUARY 1, 2022

Strong ending to 2021 results in full year net revenue growth of 33.4% and 5.9% adjusted EBIT margin

Net revenue growth in the fourth quarter was 38.1% with an adjusted EBIT margin of 7.6%. Both net revenue growth and adjusted EBIT margin came in above expectations. The deviation to expectations came from higher than expected sales in December and significantly lower returns from Black Week as well as Christmas shopping, which had extended return until January 31, 2022.

As per our financial calendar, our interim financial report for Q4 2021 is scheduled for release on 10 February, 2022.

For additional information, please contact:

Hermann Haraldsson / Group CEO / Phone: +45 20 94 03 95 / Email: heha@boozt.com Ronni Olsen / IR & Corporate Communications / Phone: +45 31 22 04 56 / Email: rofo@boozt.com

This information is information that Boozt is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2022- 02-01 08:00 CET.

Boozt is a leading, fast-growing and profitable Nordic technology company selling fashion online. The Group generated net sales amounting to SEK 4.4 billion in 2020. Boozt offers its customers a curated and contemporary selection of fashion brands, relevant to a variety of lifestyles, mainly through its multi-brand webstore Boozt.com. The company is focused on using cutting-edge, in-house developed technology to curate the best possible customer experience. Besides Boozt.com, the company also runs the webstore Booztlet.com and retail stores Booztlet and Beauty by Boozt in Denmark. For more information, please visit www.booztgroup.com.