AEFFE 2016 Consolidated Financial Results Presentation 9 th March - PowerPoint PPT Presentation

t o t t a AEFFE 2016 Consolidated Financial Results Presentation 9 th March 2017

FY 2016 Key Facts v Consolidated Revenues +4.7% at € 280.7m, (+4.4% at current exchange rates) t o t v Consolidated EBITDA for € 25.2m, compared to an EBITDA of € 19.3m in 2015, with a € 5.9m increase (+30%) v Consolidated Net Profit for the Group at € 3.6m, compared to a Net Profit of € 1.5m in t 2015, with a € 2.1m increase (+139%) a v Consolidated Net Financial Debt of € 59.5m ( € 80.5m as of 31 December 2015), with a € 21m improvement (-26%) v 255 Mono Brand Stores 2

Net Sales Breakdown by Division (1) FY 2016 FY 2015 ( € m) ( € m) 215,8 % on Total Sales % on Total Sales 207,2 +4.5% * vs FY 2015 t 220 220 Footwear o & Leather Footwear t Goods 200 200 32% 31% & Leather 51,9 Goods 48,6 180 180 68% 69% Prêt à Prêt à 160 porter 160 porter t 140 140 56,9 a 59,1 120 120 95,9 95,7 +0.2% * vs FY 2015 100 100 47,7 24,9 23,0 80 80 44,3 60 60 26,7 26,2 40 40 21,5 21,3 59,3 55,2 20 20 23,5 24,5 0 0 Prêt à porter Footwear & Leather Goods Prêt à porter Footwear & Leather Goods * At constant exchange rates (1) Before inter-divisional eliminations 1Q 2Q 3Q 4Q 3

Net Sales Breakdown by Brand FY 2016 FY 2015 ( € m) ( € m) 197,7 % on Total Sales % on Total Sales +6.1% * t 200 200 186,6 12% o Pollini Pollini Philosophy di t 11% Philisophy di Lorenzo Serafini 180 11% 180 4% Lorenzo 5% 50,2 Serafini 7% Others 70% 6% 69% 45,8 Others 160 160 9% Alberta 8% Ferretti Alberta Ferretti Moschino 140 140 t Moschino a 52,1 120 120 53,5 100 100 80 80 45,8 41,4 60 60 29,6 24,0 40 40 29,3 +1.1% * +1.1% * 16,3 23,9 18,4 13,1 6,7 6,8 49,6 (11.5%) * 4,0 45,9 10,6 4,8 20 20 3,9 +25.0% * 8,6 9,3 3,6 7,1 6,2 1,6 1,8 5,7 4,1 6,2 4,6 6,1 4,9 4,3 2,9 2,9 2,7 2,4 2,2 5,9 5,9 7,9 7,7 8,4 7,5 4,8 3,7 0 0 Alberta Philosophy Moschino Pollini Others Alberta Philosophy Moschino Pollini Others Ferretti Ferretti di di Lorenzo Serafini Lorenzo Serafini * At constant exchange rates 1Q 2Q 3Q 4Q 4

Net Sales Breakdown by Region FY 2016 FY 2015 ( € m) ( € m) % on Total Sales % on Total Sales 126,1 t 130,0 130,0 Russia +5.3% * USA Russia 119,8 USA o 3% 3% 8% 8% 120,0 t 120,0 RoW RoW 22% 20% Europe 22% 21% Europe 110,0 29,6 110,0 27,2 100,0 45% 45% 100,0 Italy 90,0 Italy 90,0 t 80,0 80,0 a 35,9 35,5 62,6 70,0 70,0 60,0 60,8 +3.2% * 56,8 +6.4% * 60,0 60,0 14,7 16,2 13,5 12,3 50,0 50,0 27,5 25,1 40,0 17,6 40,0 15,3 15,8 16,3 22,9 30,0 30,0 22,2 +2.9% * 12,2 12,3 14,9 13,4 20,0 5,9 20,0 5,9 9,1 32,0 33,1 9,2 6,6 5,9 (0.7%) * 10,0 10,0 16,5 2,2 1,8 4,5 17,9 4,4 15,2 2,3 16,2 2,5 2,3 5,2 2,5 6,7 2,4 0,0 2,3 0,0 Italy Europe Russia USA RoW Italy Europe Russia USA RoW (1) (1) (1) Italy and Russia excluded 1Q 2Q 3Q 4Q * At constant exchange rates 5

Net Sales Breakdown by Channel FY 2016 FY 2015 ( € m) ( € m) % on Total Sales % on Total Sales t 201,3 220 220 o +8.3% * Retail 25% Retail 28% t 185,8 200 200 3% 3% Royalties Royalties 180 180 48,5 72% 69% 45,1 160 160 Wholesale Wholesale t 140 140 a 53,6 120 120 55,1 100 100 70,3 74,3 80 (4.5%) * 80 43,5 38,2 16,1 16,7 60 60 20,0 19,7 40 40 9,1 17,8 55,7 8,7 15,6 47,4 20 +4.5% * 20 20,4 1,1 1,8 18,3 2,7 1,5 2,6 3,4 2,4 0 2,3 0 Wholesale Retail Royalties Wholesale Retail Royalties * At constant exchange rates 1Q 2Q 3Q 4Q 6

Mono-brand Stores Network DOS t o t t a Franchising 7

Income Statement – FY 2016/2015 ( € m) t o t t a 8

Summary Balance Sheet ( € m) t o t t a 9

Cash Flow Statement ( € m) t o t t a 10

t o t t a Appendices

Company Profile Organisational Structure Ownership Structure (1) IM Fashion Aeffe Fashion Group 24% Chairman: Massimo Ferretti CEO: Simone Badioli Chief Executive Officer Simone Badioli t Tullio Managing Badioli o Director/CFO Marcello Tassinari 6% t Investor Relation Communication and Manager Marketing Annalisa Aldrovandi Carlo Mengucci Aeffe Market 5% IT Human Resources Diego Picciani, Fausto Bacchini 28% Giorgio Bruzzesi Chief Executive Chief Executive Chief Executive MOSCHINO Officer POLLINI Officer AEFFE Officer VELMAR t Gabriele Maggio Simone Badioli Simone Badioli Luca Gori Finance and Finance and a Finance and Administratio Style Administratio Style Product Style Style Fratelli Ferretti Admin. n n Planning Holding 37% Sales Product Sales Retail and Sales Sales Product Production Prêt-à-porter division Planning Planning Retail and Retail and Production Production Footwear and leather goods division Share Information Investor Relations Investor Relations N° of shares outstanding: 107,362,504 AEFFE S.p.A Italian Stock Exchange – STAR Segment Annalisa Aldrovandi Specialist: Mediobanca S.p.A. +39 0541 965494 Tickers: AEF IM (Bloomberg) AEF MI (Reuters), annalisa.aldrovandi@aeffe.com AEF (Borsa Italiana) www.aeffe.com (1) Source: Consob as of 9 March 2017 12

Income Statement – Full Year 2014-2016 ( € m) t o t t a 13

Disclaimer This presentation is being furnished to you solely for your information on a confidential basis and may not be reproduced or redistributed to any other person. This presentation does not constitute or form part of any offer to sell or invitation to purchase or subscribe for, or otherwise acquire or t dispose of any Aeffe S.p.A. securities. o t This presentation includes forward-looking statements which are based on the Company’s management’s current views with respect to future events and financial and operational performance of the Company and its subsidiaries. These forward-looking statements are subject to risks and uncertainties. In light of these risks and uncertainties, the events described in such forward-looking statements may not occur and any targets or projections may differ materially from those expressed in or implied by these statements due to any number of different factors. t You are cautioned not to place undue reliance on the forward-looking statements contained herein, which are made only as of the a dater of this presentation. Aeffe S.p.A. does not undertake any obligation to publicly release any updates or revisions to any forward- looking statements to reflect events or circumstances after the date of this presentation. Any reference to past performance or trends or activities of Aeffe Group shall not be taken as a representation or indication that such performance, trends or activities will continue in the future. 14