Basic Net SpA — Investor Presentation 2022

Jul 29, 2022

H1 2022 RESULTS CONFERENCE CALL

TURIN, 29 JULY 2022

EXECUTIVE SUMMARY NETWORK ACTIVITY

H1 2022

GROUP INTERIM RESULTS H1 2022

EXECUTIVE SUMMARY

All key economic indicators confirm the double-digit growth recorded in Q1 2022: consolidated revenues up 26,1% and EBITDA at +54,3% compared to H1 2021. Significant investments for the acquisition of K-Way France, the real estate sector and recurring capex.

TOTAL AGGREGATED SALES

H1 aggregated sales amounted to € 567,9 mln (+28,2% YoY), led by aggregated sales of licensees (ASL) up 17,8% YoY. Aggregated sales of sourcing centers (ASSC) improved at +59,9% YoY.

GROUP CONSOLIDATED REVENUES

Group consolidated revenues amounted to € 162,3 mln (+26,1% YoY). Direct sales of goods (+23,7% YoY) benefitted from a strong performance of all countries directly managed by the Group plus the first consolidation of K-Way France in Q2 2022.

EBITDA

EBITDA stood at € 22,4 mln (€ 14,5 mln in H1 2021) driven by higher contribution from all geographies of direct operations. The performance again exceeded the latest pre-Covid period (H1 2019 at € 20,3 mln).

01 EXECUTIVE SUMMARY

NFP WITH BANKS

Net Financial Position with banks* , at € 72,5 mln, compared to € 61,3 mln at H1 2021: the Group financed strategic investments for the future, acquiring K-Way France, renovating BasicVillage Milan and acquiring a new building.

€ 567,9 mln

+28,2% vs H12021

+54,3% vs H12021 € 22,4 mln

TOTAL AGGREGATED SALES GROUP CONSOLIDATED REVENUES +26,1% vs H12021 € 162,3 mln

EBITDA NFP WITH BANKS - € 72,5 mln

- € 11,2 mln vs H12021

NETWORK ACTIVITY H1 2022

TOTAL AGGREGATED SALES

PERFORMANCE

Aggregated Sales of Sourcing Centers (ASSC)

Aggregated Sales of Licensees (ASL)

TOTAL AGGREGATED SALES H12021

334,0

109,1

PERFORMANCE

69%

7%

H12021

Asia and Oceania

13%

11%

Americas

MEA

H1 2022

02 NETWORK ACTIVITY MARKETING HIGHLIGHTS

Sponsorship of the ninth edition of the Kappa Future Festival

2023 collection at Pitti

Ambassador Gregorio Paltrinieri wins two gold and a bronze medal

New sponsorship deal with the U.S. Ski & Snowboard Team Robe di Kappa presents its Q1Q2

MARKETING HIGHLIGHTS

Johanna Maggy and Daniel Fontana for Briko Road Protection

Briko athlete Filippo Zana wins Italian mens' road race title Briko Girl Academy is the brand new women-only initiave

H1 2022

PERFORMANCE / MARKETING 02 NETWORK ACTIVITY MARKETING HIGHLIGHTS

K-Way presents the limited edition «Not in Paris by Highsnobiety»

35th French monobrand opens in Quimper

Heir dressed up in K-Way in her latest videoclip

23rd Italian monobrand opens in Verona

Opening of a temporary showroom in occasion of the Paris Fashion Week

02 NETWORK ACTIVITY

H1 2022

Global Ambassador Emily Ratajkowski celebrates her collaboration with Superga through an event held during Pitti

Co-lab with Par5 at Milano Design Week

Co-lab with the Italian brand forte_forte

MARKETING HIGHLIGHTS

Billboard campaign on Milan tramlines

02 NETWORK ACTIVITY H1 2022

MARKETING HIGHLIGHTS

New capsule collection with Engineered Garments for 2022 Spring-Summer

L'Exception Outsides collection presented during an event at the Milan boutique Modes

Opening of the 1st flagship store in Belgium, Antwerp

Co-lab with the concept store

Co-lab with the concept store Ferramenta

GROUP INTERIM RESULTS H1 2022

GROUP CONSOLIDATED REVENUES

+26,1%

% vs H12021

03 GROUP INTERIM RESULTS H1 2022

CONSOLIDATED REVENUES H12021

• 17 -

debt

Short-term net debt

Long-term

NFP WITH BANKS H12021

THANK YOU