Financial Highlights - The Group's net revenues reached €4201 million, a 21% increase compared to FY-21 and a 32% increase compared to FY-19[18] - Retail sales amounted to €3737 million, reflecting a 24% increase compared to FY-21 at constant exchange rates[4] - The adjusted EBIT margin was 201%, equivalent to €845 million[4, 18] - The group achieved a net cash position of €535 million[4] - Gross margin improved to 788%, amounting to €33 billion[4] Brand Performance - Prada retail sales increased by 25% compared to FY-21, driven by brand momentum and client engagement[27] - Miu Miu retail sales grew by 20% compared to FY-21, with acceleration in the second half of the year[27] Channel and Geographic Performance - Retail channel experienced a 24% growth compared to FY-21, driven by like-for-like and full-price sales[20] - Europe showed outstanding performance with a 63% increase in retail sales compared to FY-21, while Asia Pacific retail sales decreased by 2%[23] Strategic Investments - The company accelerated investments in retail, IT, and industrial infrastructure, with approximately 80% of retail capital expenditure allocated to renovation and relocation projects[32, 33]

Financial Data and Key Metrics Changes - Total net revenues for the full year reached €3.5 billion, up 41% at constant exchange rate year-on-year and up 8% on a two-year stack [24] - EBIT reached €489 million for the full year, representing 14.5% of sales, with a significant increase in margins in the second half at 17.4% of sales [25] - Net profit stood at €294 million, 8.8% of total revenue, with operating cash flow for the full year reaching €751 million [26] - The net financial position improved from negative €311 million in December 2020 to positive €238 million at the end of December 2021 [41][42] Business Line Data and Key Metrics Changes - Retail revenues reached €2.9 billion, marking a 40% increase compared to 2020 and a 15% increase compared to 2019 [25] - Online sales increased significantly, growing 5x on a two-year stack and representing around 7% of retail sales [28] - Wholesale was down 29% at constant exchange rate compared with 2019, consistent with the strategy to rationalize the wholesale channel [28] Market Data and Key Metrics Changes - Retail sales in Asia-Pacific grew by 30% compared to the same period in 2019, with outstanding performance in Korea and China [31] - The Americas saw triple-digit sales growth versus 2020 and up 69% on a two-year stack [32] - Retail sales in Europe improved significantly in the second half of the year, supported by strong local demand following store reopenings [31] Company Strategy and Development Direction - The company aims to put customers at the core of its strategy, focusing on younger generations and investing in product quality and uniqueness [12] - Strengthening direct distribution is central to the group's strategy, with 80 pop-ups implemented and 120 store renovations completed [10] - The ESG agenda is a critical strength for long-term growth, with a focus on governance, climate strategy, materials, and diversity [21] Management's Comments on Operating Environment and Future Outlook - The geopolitical and macroeconomic outlook has worsened, increasing volatility, and the company is closely monitoring the business environment [45] - Despite uncertainties, the beginning of 2022 has shown promising results, consolidating confidence in achieving medium-term targets [13] - The company acknowledges the impact of the war in Ukraine and the COVID situation in China on the global economy [51][62] Other Important Information - The company has proposed a dividend distribution of €179 million, representing a payout ratio of 60% [42] - The retail channel remains a priority, now representing 88% of total sales [27] Q&A Session Summary Question: Strong start to 2022 and impact of COVID in China - Management indicated a strong start to 2022, with year-over-year growth around 20%, but acknowledged the impact of COVID lockdowns in China [48][51] Question: Price increases in 2022 - Price increases were implemented in January, with ongoing monitoring of raw material and transport costs to adjust pricing strategies [50] Question: EBIT margin outlook - The EBIT margin in H2 was significantly higher due to market recovery, and management expects to maintain higher EBITDA levels in stable conditions [49] Question: Relationship with Yoox Net-a-Porter - Management refrained from commenting on potential investments in Yoox Net-a-Porter due to current uncertainties [55] Question: Gross margin target - The company confirmed a target of 78% gross margin, driven by operational efficiencies and higher-value product offerings [56] Question: Operations in Russia - All stores in Russia are directly operated, and the company has completely halted operations there due to the geopolitical situation [57] Question: Performance of leather goods - Leather goods showed positive growth, but management noted that ready-to-wear performed exceptionally well [66] Question: U.S. market plans and inflation impact - The U.S. market remains under-penetrated, with plans for additional store openings, and the company believes it can absorb inflation through pricing power [65][66] Question: New product categories and customer demographics - New product categories have attracted both new and existing customers, with the U.S. showing the highest penetration of younger consumers [72][81]

Prada SpA (OTCPK:PRDSY) Q4 2020 Earnings Conference Call March 10, 2021 8:30 AM ET Company Participants Alessandra Cozzani - CFO, IR Director & Executive Director Patrizio Bertelli - CEO & Executive Director Lorenzo Bertelli - Head, Group Marketing & Communication Carlo Mazzi - Chairman Conference Call Participants Susy Tibaldi - UBS Thomas Chauvet - Citi Luca Solca - Bernstein Thierry Cota - Societé Generale Operator Ladies and gentlemen, thank you for standing-by and welcome to the PradaSpA Full Year 2020 ...

FY 2020 Results Presentation Milan, March 10th 2021 Agenda Patrizio Bertelli – CEO Business update Alessandra Cozzani – CFO FY-2020 Financial Review Lorenzo Bertelli – Head of Marketing and Head of CSR Marketing and Communication update Carlo Mazzi – Chairman Outlook Q&A Session FY 2020 Results Presentation March 10th 2021 2 Agenda Patrizio Bertelli – CEO Business update Alessandra Cozzani – CFO FY 2020 Financial Review Lorenzo Bertelli – Head of Marketing and Head of CSR Marketing and Communication update ...

FY 2019 Results Presentation Milan, March 18th 2020 improvement in full price sales in H2 driven by a combination of brand investment and operational Successful reception of all collections in RTW, leather Business overview Transformation plan delivering results Reported Sales up 3% at €3,2bn, including double digit initiatives goods and footwear all driving strong brand momentum Markdowns completely phased out More stringent policies to better control digital platforms Ongoing Wholesale rationalization Inc ...

PRADA MILANO DAL 1913 H1 2019 Results Presentation Milan, August 1st 2019 Agenda Presentation 14:00 – 14:30 Alessandra Cozzani – CFO • H1-2019 Financial Review Patrizio Bertelli – CEO • Overview and Business update Lorenzo Bertelli – Head of Marketing and Communication • Marketing and Communication update Carlo Mazzi – Chairman • Prada Group CSR • Outlook Q&A Session 14:30 – 15:30 H1-2019 Results Presentation – August 1st 2019 1 H1 2019 Financial Review Alessandra Cozzani CFO H1-2019 Results Presentation – ...

Prada SpA (OTCPK:PRDSY) Q2 2020 Earnings Conference Call August 1, 2019 8:30 AM ET Company Participants Alessandra Cozzani - CFO, IR Director & Executive Director Patrizio Bertelli - CEO & Executive Director Lorenzo Bertelli - Head, Group Marketing & Communication Carlo Mazzi - Chairman Conference Call Participants Silky Agrawal - Citigroup Erwan Rambourg - HSBC Luca Solca - Sanford C. Bernstein & Co. Nicky Ito - MainFirst Bank Melanie Flouquet - JPMorgan Chase & Co. Elena Mariani - Morgan Stanley Rogerio F ...

Prada S.p.A (OTCPK:PRDSY) Q4 2018 Earnings Conference Call March 15, 2019 9:30 AM ET Company Participants Alessandra Cozzani - CFO Carlo Mazzi - Chairman Patrizio Bertelli - CEO & Founder Lorenzo Bertelli - Head of Marketing and Communication Conference Call Participants Nicky Ito - MainFirst Luca Solca - Bernstein Thomas Chauvet - Citi Rogerio Fujimori - RBC Capital Market Melanie Flouquet - JP Morgan Louise Singlehurst - Goldman Sachs Paola Carboni - Equita Operator Good afternoon, ladies and gentlemen, a ...

PRADA MILANO DAL 1913 FY 2018 Results Presentation Milan, March 15″ 2019 Agenda Presentation 14:30 – 15:00 Patrizio Bertelli – CEO • 2018 Overview and Business update Alessandra Cozzani – CFO • FY 2018 Financial Review Lorenzo Bertelli – Head of Marketing and Communication • Tech Roll-out Carlo Mazzi – Chairman • Outlook Q&A Session 15:00 – 15:30 FY 2018 Results Presentation – March 15th 2019 1 2018 Overview and Business update Patrizio Bertelli CEO FY 2018 Results Presentation – March 15th 2019 2 2018: foc ...