Samsynite 2021 ANNUAL RESULTS MARCH 16, 2022 Samsonite International S.A. Stock Code: 1910 Disclosure Statement This presentation and the accompanying slides (the "Presentation"), which have been prepared by Samsonite International S.A. ("Samsonite" or the "Company"), do not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for, or be relied on in connection with, any contract or binding commitment whatsoever. This Presentation has been prepared by ...

Samsonite International S.A. (OTCPK:SMSOF) Q4 2021 Earnings Conference Call March 16, 2022 9:00 AM ET Company Participants William Yue - Senior Director, Investor Relations Kyle Gendreau - Chief Executive Officer Reza Taleghani - Chief Financial Officer Conference Call Participants Erwan Rambourg - HSBC Louise Li - Bank of America Dustin Wei - Morgan Stanley Anne Ling - Jefferies Operator Good morning, good afternoon and good evening, ladies and gentlemen. Welcome to the Samsonite International 2021 Annual ...

Samsonite International S.A. (OTCPK:SMSOF) Q3 2021 Results Conference Call November 12, 2021 9:00 AM ET Â Â Company Participants William Yue - Senior Director, IR Kyle Gendreau - CEO Reza Taleghani - CFO Conference Call Participants Luzi Li - Bank of America Dustin Wei - Morgan Stanley Hong Kong Yvonne Chow - Nan Fung Trinity Erwan Rambourg - HSBC Operator Good morning, good afternoon, and good evening, ladies and gentlemen. Welcome to the Samsonite International 2021 Third Quarter Results Conference Call. ...

2021 THIRD QUARTER RESULTS NOVEMBER 12, 2021 Samsonite International S.A. Stock Code: 1910 Disclosure Statement This presentation and the accompanying slides (the "Presentation"), which have been prepared by Samsonite International S.A. ("Samsonite" or the "Company"), do not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for, or be relied on in connection with, any contract or binding commitment whatsoever. This Presentation has been prepared by ...

| --- | --- | --- | --- | |--------------------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | since 1910 YOUR EMPOWERING | | | | | INTERIM REPORT 中期報告 2021 | | | | | Samsonite International S.A. 新秀麗國際有限公司 | | | | Stock Code 股份代號 1910 SAMSONITE made very encouraging progress during the first half of 2021, particularly during the second quarter. With increased vaccination rates, relaxation of social-distancing measures and the re ...

Samsonite International S.A. (OTCPK:SMSOF) Q2 2021 Earnings Conference Call August 18, 2021 9:00 AM ET Company Participants William Yue - Senior Director, Investor Relations Kyle Gendreau - Chief Executive Officer Reza Taleghani - Chief Financial Officer Conference Call Participants Dustin Wei - Morgan Stanley Anne Ling - Jefferies Erwan Rambourg - HSBC Louise Li - Bank of America Hong Kong Operator Good morning, good afternoon, and good evening, ladies and gentlemen. Welcome to the Samsonite International ...

2021 INTERIM RESULTS AUGUST 18, 2021 Samsonite International S.A. Stock Code: 1910 Disclosure Statement This presentation and the accompanying slides (the "Presentation"), which have been prepared by Samsonite International S.A. ("Samsonite" or the "Company"), do not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for, or be relied on in connection with, any contract or binding commitment whatsoever. This Presentation has been prepared by the Comp ...

Samsonite International S.A. (OTCPK:SMSOF) Q1 2021 Earnings Conference Call May 13, 2021 9:00 AM ET Company Participants William Yue - Senior Director, Investor Relations Kyle Gendreau - Chief Executive Officer Reza Taleghani - Chief Financial Officer Conference Call Participants Louise Li - Bank of America Hong Kong Erwan Rambourg - HSBC US Yvonne Chow - Nan Fung Trinity Hong Kong Dustin Wei - Morgan Stanley Hong Kong Operator Operator Good morning, good afternoon, and good evening ladies and gentlemen. We ...

Samsynte 2021 First Quarter Results May 13, 2021 Samsonite International S.A. Stock Code: 1910 Disclosure Statement This presentation and the accompanying slides (the "Presentation"), which have been prepared by Samsonite International S.A. ("Samsonite" or the "Company"), do not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for, or be relied on in connection with, any contract or binding commitment whatsoever. This Presentation has been prepared ...

Company Strategy and Positioning - Samsonite is well-positioned for long-term growth and shareholder value creation as global travel resumes[2] - The company aims to increase shareholder value through sustainable revenue and earnings growth and free cash flow generation[10] - Samsonite's strategy includes increasing the proportion of net sales from direct-to-consumer e-commerce channels[10] - The company continues to invest in research and development for lighter and stronger materials and innovative functionalities[10] - Samsonite's diverse brand portfolio targets consumers across all price points in both travel and non-travel categories[10] - The company leverages its regional management structure and marketing expertise to expand into new markets[10] - Samsonite emphasizes its commitment to environmental, social, and governance (ESG) practices through its "Our Responsible Journey" initiative[10] - The company has a rich heritage of over 110 years in the luggage industry, operating under multiple well-known brands[10] - Samsonite's organizational responsiveness and strong brand loyalty contribute to its competitive advantage[2] - The company focuses on targeted investments in marketing to support brand initiatives and growth[10] Financial Performance and Impact of COVID-19 - For the year ended December 31, 2020, net sales decreased by 57.8% to $1,536.7 million compared to $3,638.8 million in 2019[27] - Operating loss for the year was $1,266.2 million, a significant decline from an operating profit of $283.0 million in 2019[27] - The profit attributable to equity holders for the year was a loss of $1,277.7 million, compared to a profit of $132.5 million in the previous year[27] - Adjusted EBITDA for the year was a loss of $218.8 million, down from a profit of $492.2 million in 2019[27] - The adjusted EBITDA margin for the year was -14.2%, compared to a positive margin of 13.5% in 2019[27] - The COVID-19 pandemic led to temporary closures of retail stores and a substantial reduction in consumer travel and discretionary spending, affecting demand for the company's products[25] - The Group's financial condition and results of operations have been adversely affected by the pandemic, with expectations of a prolonged recovery[106] - The Group's existing cash and estimated cash flows are expected to meet operational and capital requirements at least through March 31, 2022[106] Cost Management and Restructuring - The Company has approximately US$1.5 billion in liquidity as of December 31, 2020, with a significant reduction in cash burn[12] - The Group is focused on maintaining a lower cost structure as sales recover from the impacts of COVID-19[11] - A recovery plan is in place to ensure a cost-effective and efficient re-opening, aiming to improve profit margins and market share[11] - The company implemented aggressive cost-cutting measures in response to the COVID-19 pandemic, which significantly impacted its business operations[25] - The Group has implemented measures to reduce its fixed cost base, resulting in estimated annualized fixed cost savings of approximately US$200.0 million[30] - The Group recognized total restructuring charges of US$63.0 million during the year ended December 31, 2020, which included US$8.5 million in cost of sales[30] - The Group achieved cash savings of approximately US$670 million through cost-cutting measures, significantly reducing total cash burn from US$166.7 million in Q2 2020 to US$3.6 million in Q4 2020[71] Liquidity and Financial Flexibility - The Group ended the year with liquidity of approximately US$1.5 billion, exceeding the US$500 million minimum liquidity requirement[48] - As of December 31, 2020, the Group had cash and cash equivalents of US$1,495.0 million and outstanding financial debt of US$3,230.5 million, resulting in a net debt position of US$1,735.5 million[31] - The Group's total liquidity as of December 31, 2020 was US$1,518.3 million, ensuring compliance with the US$500.0 million minimum liquidity requirement[98] - The Group borrowed US$810.3 million under its Amended Revolving Credit Facility on March 20, 2020[99] Sales Performance and Market Trends - The Group's net sales decreased by 26.1% year-on-year in Q1 2020 and further declined by 77.9% in Q2 2020 due to COVID-19 impacts[42] - The Group's core brands, Samsonite, Tumi, and American Tourister, experienced significant sales declines of 59.1%, 58.1%, and 62.2% year-on-year, respectively, while non-travel brands like Speck and Gregory saw smaller declines of 22.2% and 27.5%[67] - The net sales decline was 58.1% year-on-year in Q4 2020 and 64.7% in Q3 2020, with a further decrease of approximately 53% year-on-year in the first two months of 2021 due to COVID-19[80][84] - The Group's total net sales for the year ended December 31, 2020 were US$1,536.7 million, a decrease of 57.8% compared to US$3,638.8 million in 2019[141] - The Group's overall performance was significantly impacted by the COVID-19 pandemic, affecting all product categories and regions[145] E-commerce and Digital Strategy - Net sales through e-commerce channels increased to 22.1% of total net sales in 2020, up from 16.4% in 2019, with direct-to-consumer e-commerce net sales rising to 14.0% from 10.4%[77][79] - The company continues to invest in enhancing its digital presence and integrating e-commerce with physical channels[77][79] - The Group's strategic decision in 2019 to reduce third-party brand sales on its e-commerce website impacted DTC e-commerce sales[179] Sustainability and Innovation - The company plans to launch the Magnum Eco hard-shell luggage collection in the first half of 2021, which is made from 100% post-consumer recycled material[76][78] - The company is committed to sustainability and aims to lead the luggage industry in this area with its new product launches[76][78] - The company plans to focus on innovation and sustainability, including a suitcase repurposing and recycling initiative[125]