Coty(COTY) - 2023 Q2 - Earnings Call Presentation

• Diluted adjusted EPS calculated under the "if-converted" method for the Convertible Preferred Stock Figures may not foot due to rounding FREE CASH FLOW • CONTINUE TO EXPECT STRONG FCF IN FY23, THOUGH DOWN YOY DUE TO STRONG WORKING CAPITAL BENEFITS IN FY22 • ~90% OF DEBT IS FIXED, INCLUDING HEDGES; ~70% FIXED ONCE HEDGES EXPIRE 2Q23 FINANCIAL NET DEBT 2Q23 ECONOMIC NET DEBT Coty sell-out growing mid-to-high single digits, above CB market growing mid single digits 16 MARKET IS 25-30% HIGHER THAN 2019, CONFI ...