6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OFFOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

For the Month of April 2023

Commission File Number: 000-41569

LANVIN GROUP HOLDINGS LIMITED

3701-02, Tower S2, Bund Finance Center,

600 Zhongshan Rd East No.2,

Shanghai, 200010, China

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☒            Form 40-F  ☐

EXHIBIT INDEX

ExhibitNumber	Description
99.1	Lanvin Group 2022 Full-Year Earnings Results Press Release
99.2	Lanvin Group 2022 Full-Year Results Presentation

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

LANVIN GROUP HOLDINGS LIMITED
By:	/s/ Yun Cheng
	Name: Yun Cheng<br> <br>Title: Chief Executive<br>Officer

Date: April 20, 2023

EX-99.1

Exhibit 99.1

Lanvin Group Posts Record Sales and Continued Margin

Improvement in 2022

Revenues Up 37% Year-over-Year

•	Revenues of €422 million for FY2022, a 37% increase over FY2021
•	Margin profile improvement with Group gross profit margin increasing to 56% and both contribution profit^(1)^ and adjusted EBITDA margins steadily improving
---	---
•	All portfolio brands delivered revenue growth; Group revenues increased in all channels and geographies<br>
---	---
•	Flagship brand Lanvin had strong growth of 64% YoY and showed improvement in gross, contribution profit, and<br>adjusted EBITDA margins
---	---
•	Implementation of balanced global growth strategy resulted in 39% growth in EMEA, 36% growth in North America,<br>and 15% growth in Greater China, despite COVID impact
---	---
•	Ongoing implementation of strategic plans in 2023 to drive further revenue growth and margin improvement to<br>achieve breakeven in FY2024
---	---

April 20, 2023 – Lanvin Group (NYSE: LANV, the “Group”), a global luxury fashion group with Lanvin, Wolford, Sergio Rossi, St. John and Caruso in its portfolio of brands, today announced its results for the full-year 2022. The Group achieved revenues of €422 million, a 37% increase year-over-year versus 2021; and gross profits of €238 million, representing a 56% gross margin and a 40% increase versus 2021.

Joann Cheng, Chairman and CEO ofLanvin Group, said: “We are pleased with the progress we made in 2022. Not only did we achieve record revenues, we also made great strides in improving our cost structure and streamlining our operations. Our progress in 2022 has laid a strong foundation for 2023, and notwithstanding current macroeconomic conditions, we remain optimistic for the current year, especially with the continued resurgence of Greater China.”

Review of the Full-Year 2022 Results

Lanvin Group Revenue by Segment<br><br><br>€ in Thousands, unless otherwise noted	Revenue						Growth %
	2021A		2021PF		2022A		2022A vs			2022A vs
	Audited		Non-Audited		Audited		2021A			2021PF
Lanvin		72,872		72,872		119,847		64	%		64	%
Wolford		109,332		109,332		125,514		15	%		15	%
St. John		73,094		73,094		85,884		17	%		17	%
Sergio Rossi		28,737		59,206		61,929		116	%		5	%
Caruso		24,695		24,695		30,819		25	%		25	%
Total Brand		308,730		339,199		423,993		37	%		25	%
Eliminations		92		92		-1,681		-1927	%		-1927	%
Total Group	****	308,822	****	339,291	****	422,312	****	37	%	****	24	%
Lanvin Group Key Financials<br><br><br>€ in Thousands, unless otherwise noted	2020A					2021A					2022A
---	---	---	---	---	---	---	---	---	---	---	---	---	---	---	---
	Audited		%			Audited		%			Audited		%
Revenue		222,612		100	%		308,822		100	%		422,312		100	%
Gross profit		117,394		53	%		169,902		55	%		237,944		56	%
Contribution profit		-34,237		-15	%		4,400		1	%		13,211		3	%
Adjusted EBITDA		-88,116		-40	%		-58,945		-19	%		-71,958		-17	%

Selected Highlights

Strong growth achieved at all brands and in all channels and regions: All five brands showed year-over-year growth. Lanvin, the Group’s flagship brand, grew global revenue by 64%, with record 145% growth in its Wholesale business, and 27% growth in its DTC business. Additionally, revenues in each of the Group’s regions and channels showed strong growth, with EMEA and North America growing 39% and 36%, respectively. Of note, Greater China, hampered by the pandemic, grew by 15%.

Continued positive progress with margin profile: Margins at all levels, Gross, Contribution, and Adjusted EBITDA all saw improvement in 2022. Gross margins increased to 56% and Adjusted EBITDA as a percent of sales has increased by an impressive 23 points since 2020. Operational improvement strategies implemented in 2022 began to show results in the second half of the year, resulting in continued margin profile improvement that will have significant impact in 2023.

Refocused brand and product strategies showing results: One of the main drivers of growth in 2022 was the refocus of brand strategies and optimization of product categories and mix. New product lines and categories, collaborations, and a focus on accessories all impacted the growth and margins. Furthermore, improving digital engagement as a part of the overall strategy succeeded in attracting new and younger customers.

Digital strategies successfully initiated: Digital marketing had a strong effect on the 2022 results with the brands increasingly attracting new and younger demographics. In the second half of 2022, the Group established a shared digital platform with a North American partner to distribute the Group’s brand online. Sergio Rossi and Lanvin have already successfully transitioned their North American eCommerce to this platform, which is expected to bring further growth to the brands in the coming years.

Significant progress optimizing store network: The Group successfully launched 47 new retail doors, systemwide. Improved store strategies implemented in 2022 have improved the unit economics, with the Group’s whole network of retail doors achieving double-digit growth on a like-for-like basis. Additionally, the Group with the brand-level management teams worked aggressively to cull the network, including closing 49 underperforming stores throughout its network. These initiatives provide a strong foundation for physical footprint growth in 2023 and beyond.

Review of FY2022 Financials

Revenues

For FY2022, the Group generated revenues of €422 million, a 37% increase year-over-year. All brands showed strong growth with Lanvin leading the way with a 64% increase year-over-year. The DTC and Wholesale channels grew by 32% and 41%, respectively. The Group maintained its strong growth trend with a compound annual growth rate of 38% since 2020. Full details of the Group’s revenues can be found in our Annual Report on Form 20-F for the year ended December 31, 2022

Gross Profit

Gross profit increased to €238 million, representing a 56% margin versus €170 million in 2021 at a margin of 55%, a year-over-year growth of 40%. Gross profit has more than doubled since 2020, when the Group had €117 million at a margin of 53%. The Group has continued to improve its margin profile through its brand-level operational initiatives.

Contribution Profit^(1)^

The Group uses a measure, internally, called contribution profit, defined as gross profit less selling & marketing expenses to gauge the variable profitability performance and analyze the improvements at our brands. Contribution profit for the year was €13 million, an improvement of €9 million from 2021, the first year of positive contribution profits, and a tremendous increase from 2020 when it measured negative €34 million.

Adjusted EBITDA

Adjusted EBITDA remained at loss for 2022, but as a percentage of sales, continued to improve going from (40%) in 2020 to (19%) in 2021 and (17%) in 2022.

Profit Results by Segment

Lanvin: Gross profits **** increased to €61 million, at a margin of 50%, from €34 million, at a margin of 47%, in 2021. Gross profit improved from higher sell-through rates in all product categories as well as increasing economies of scale. Contribution profits continued to improve going from a contribution loss of €24 million in 2021 to a contribution loss of €15 million in 2022 with the percentage of sales improving 20 points year-over-year from negative 33% to negative 13%.

Wolford: Gross profits **** increased to €86 million from €79 million, in 2021. Margins declined slightly due to materials inflation as well as production personnel costs increasing from furloughed employees returning to work at higher wages. Contribution profits fell to €4 million from €20 million mainly driven by non-recurring expenses. These include legacy operational improvement consulting fees charged in the first half of the year, prior to the new management team taking over in the second-half of 2022, as well as a cyberattack in December 2022 at a third-party logistics provider that disrupted deliveries during the peak holiday season.

Sergio Rossi: Sergio Rossi was acquired in July 2021. Since then, gross margins increased from 46% to 50% in 2022. Gross margins improved from an increased proportion of higher-margin DTC sales. Contribution margins declined slightly in 2022 from 13% to 11% due to higher investments in personnel, marketing and rental expenses.

St. John: St. John’s margin profile improved dramatically with gross profit growing from €39 million to €53 million in 2022; with margins increasing from 53% to 61%. Contribution profits also increased from €1 million to €10 million; margins increased from 2% to 12%. St. John represents the culmination of the Group’s brand-level strategic planning with many of its initiatives nearing completion and bearing results.

Caruso: Caruso continued its strong, steady performance with its gross profits increasing from €4 million to €7 million in 2022, and margins increasing from 18% to 23%. Contribution profits also increased from €3 million to €6 million, and contribution margins increased markedly from 13% to 18%. Caruso leveraged higher sales from new accounts and deeper penetration with current customers to increase its profitability through economies of scale coupled with better management of factory labor costs as well as selling and marketing expenses.

2023 Outlook

Notwithstanding the continuing macroeconomic issues, the Group expects to maintain its 2022 momentum into 2023 and achieve solid margin improvement as the year progresses.

Many of the “nuts and bolts” initiatives started in 2022 will reach completion in 2023 resulting in continued margin improvement. Additionally, a significant portion of the store optimization has taken place and while the Group will continue to enhance its retail network in 2023, we believe the foundation is in placed to opportunistically grow its footprint. The Group remains on track for breakeven profitability in FY2024.

The Group is built upon a collaborative eco-system and continues to work with their strategic partners to build the platform. As such, the Group continues to seek and review potential new investment and acquisition opportunities to further enhance its brands and platform.

Note: All % changes are calculated on an actual currency exchange rate basis.

Note: Lanvin Group acquired a majority stake in Sergio Rossi in July 2021 and Sergio Rossi was consolidated into Lanvin Group’s consolidated revenue starting from the acquisition date.

Note: This communication includes certain non-IFRS financial measures such as contribution profit, contribution margin, adjusted earnings before interest and taxes (“Adjusted EBIT”), and adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”). Please see Non-IFRS Financial Measures and Definition.

(1)	Contribution profit defined as gross profit less Selling and Marketing Expenses

***

Annual Report on Form 20-F

Our annual report on Form 20-F, including the consolidated financial statements for the fiscal year ended December 31, 2022, can be downloaded from the Company’s investor relations website (ir.lanvin-group.com) under the section Financials / SEC Filings, or from the SEC’s website (www.sec.gov).

***

Conference Call

As previously announced, today at 8:00AM EST/8:00PM CST/2:00PM CET, Lanvin Group will host a conference call to discuss its results for the full-year 2022 and provide an outlook for 2023. Management will refer to a slide presentation during the call, which will be made available on the day of the call. To view the presentation, please visit the “Events” tab of the Group’s investor relations website at https://ir.lanvin-group.com. To participant in the conference call, please dial into the following numbers:

United States Toll Free: 1-888-346-8982

International: 1-412-902-4272

Mainland China Toll Free: 4001-201203

Hong Kong Toll Free: 800-905945

Hong Kong-Local Toll: 852-301-84992

Singapore Toll Free: 800-120-6157

A replay of the conference call will be accessible approximately one hour after the live call until April 27, 2023, by dialing the following numbers:

US Toll Free: 1-877-344-7529

International Toll: 1-412-317-0088

Canada Toll Free: 855-669-9658

Replay Access Code: 3267257

A recorded webcast of the conference call and a slide presentation will also be available on the Group’s investor relations website at https://ir.lanvin-group.com.

***

Next Scheduled Announcement

The next scheduled announcement will be the H1 2023 earnings results release in August 2023. To receive email alerts of the timing of future financial news releases, as well as future announcements, please register at https://ir.lanvin-group.com.

***

About Lanvin Group

Lanvin Group is a leading global luxury fashion group headquartered in Shanghai, China, managing iconic brands worldwide including Lanvin, Wolford, Sergio Rossi, St. John Knits, and Caruso. Harnessing the power of its unique strategic alliance of industry-leading partners in the luxury fashion sector, Lanvin Group strives to expand the global footprint of its portfolio brands and achieve sustainable growth through strategic investment and extensive operational know-how, combined with an intimate understanding and unparalleled access to the fastest-growing luxury fashion markets in the world. Lanvin Group is listed on the New York Stock Exchange under the ticker symbol ‘LANV’. For more information about Lanvin Group, please visit www.lanvin-group.com, and to view our investor presentation, please visit https://ir.lanvin-group.com.

***

Forward-Looking Statements

This communication, including the section “2023 Outlook”, contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” “project” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of the respective management of Lanvin Group and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Lanvin Group. Potential risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, changes adversely affecting the business in which Lanvin Group is engaged; Lanvin Group’s projected financial information, anticipated growth rate, profitability and market opportunity may not be an indication of its actual results or future results; management of growth; the impact of COVID-19 or similar public health crises on Lanvin Group’s business; Lanvin Group’s ability to safeguard the value, recognition and reputation of its brands and to identify and respond to new and changing customer preferences; the ability and desire of consumers to shop; Lanvin Group’s ability to successfully implement its business strategies and plans; Lanvin Group’s ability to effectively manage its advertising and marketing expenses and achieve desired impact; its ability to accurately forecast consumer demand; high levels of competition in the personal luxury products market; disruptions to Lanvin Group’s distribution facilities or its distribution partners; Lanvin Group’s ability to negotiate, maintain or renew its license agreements; Lanvin Group’s ability to protect its intellectual property rights; Lanvin Group’s ability to attract and retain qualified employees and preserve craftmanship skills; Lanvin Group’s ability to develop and maintain effective internal controls; general economic conditions; the result of future financing efforts; and those factors discussed in the reports filed by Lanvin Group from time to time with the SEC. If any of these risks materialize or Lanvin Group’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lanvin Group presently does not know, or that Lanvin Group currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lanvin Group’s expectations, plans, or forecasts of future events and views as of the date of this communication. Lanvin Group anticipates that subsequent events and developments will cause Lanvin Group’s assessments to change. However, while Lanvin Group may elect to update these forward-looking statements at some point in the future, Lanvin Group specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Lanvin Group’s assessments of any date subsequent to the date of this communication. Accordingly, reliance should not be placed upon the forward-looking statements.

***

Useof Non-IFRS Financial Metrics

This communication includes certain non-IFRS financial measures such as contribution profit, contribution margin, adjusted earnings before interest and taxes (“Adjusted EBIT”), and adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”). These non-IFRS measures are an addition, and not a substitute for or superior to measures of financial performance prepared in accordance with IFRS and should not be considered as an alternative to net income, operating income or any other performance measures derived in accordance with IFRS. Reconciliations of non-IFRS measures to their most directly comparable IFRS counterparts are included in the Appendix to this communication. Lanvin Group believes that these non-IFRS measures of financial results provide useful supplemental information to investors about Lanvin Group. Lanvin Group believes that the use of these non-IFRS financial measures provides an additional tool for investors to use in evaluating projected operating results and trends in and in comparing Lanvin Group’s financial measures with other similar companies, many of which present similar non-IFRS financial measures to investors. However, there are a number of limitations related to the use of these non-IFRS measures and their nearest IFRS equivalents. For example, other companies may calculate non-IFRS measures differently, or may use other measures to calculate their financial performance, and therefore Lanvin Group’s non-IFRS measures may not be directly comparable to similarly titled measures of other companies. Lanvin Group does not consider these non-IFRS measures in isolation or as an alternative to financial measures determined in accordance with IFRS. The principal limitation of these non-IFRS financial measures is that they exclude significant expenses, income and tax liabilities that are required by IFRS to be recorded in Lanvin Group’s financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgements by Lanvin Group about which expense and income are excluded or included in determining these non-IFRS financial measures. In order to compensate for these limitations, Lanvin Group presents non-IFRS financial measures in connection with IFRS results.

***

Enquiries:

Media

Lanvin Group

Miya He

miya.he@lanvin-group.com

Investors

Lanvin Group

James Kim

james.kim@lanvin-group.com

Appendix

Lanvin Group Consolidated Income Statement

(€in Thousands, unless otherwise noted)

Lanvin Group Consolidated P&L	2020A					2021A					2022A
	FY		%			FY		%			FY		%
Revenue	****	222,612	****	100	%	****	308,822	****	100	%	****	422,312	****	100	%
Cost of sales		-105,218		-47	%		-138,920		-45	%		-184,368		-44	%
Gross profit	****	117,394	****	53	%	****	169,902	****	55	%	****	237,944	****	56	%
Marketing and selling expenses		-151,631		-68	%		-165,502		-54	%		-224,733		-53	%
General and administrative expenses		-115,181		-52	%		-122,497		-40	%		-153,138		-36	%
Other operating income and expenses		-18,399		-8	%		10,083		3	%		-2,340		-1	%
Loss from operations before non-underlyingitems	****	-167,817	****	-75	%	****	-108,014	****	-35	%	****	-142,267	****	-34	%
Non-underlying items (1)		43,546		20	%		45,206		15	%		-83,057		-20	%
Loss from operations	****	-124,271	****	-56	%	****	-62,808	****	-20	%	****	-225,324	****	-53	%
Finance cost – net		-12,989		-6	%		-9,313		-3	%		-14,556		-3	%
Loss before income tax	****	-137,260	****	-62	%	****	-72,121	****	-23	%	****	-239,880	****	-57	%
Income tax benefits / (expenses)		1,603		1	%		-4,331		-1	%		129		0	%
Loss for the year	****	-135,657	****	-61	%	****	-76,452	****	-25	%	****	-239,751	****	-57	%
Contribution profit (2)		-34,237		-15	%		4,400		1	%		13,211		3	%
Adjusted EBIT (2)		-162,428		-73	%		-100,806		-33	%		-134,836		-32	%
Adjusted EBITDA (2)		-88,116		-40	%		-58,945		-19	%		-71,958		-17	%

Lanvin Group Consolidated Balance Sheet

(€ in Thousands, unless otherwise noted)

Lanvin Group Consolidated Balance Sheet	2020A		2021A		2022A
	FY		FY		FY
Assets
Non-current assets
Intangible assets		175,542		181,234		181,485
Goodwill		69,323		69,323		69,323
Property, plant and equipment		26,879		40,564		46,801
Right-of-use<br>assets		117,917		118,775		121,731
Deferred income tax assets		13,608		17,070		17,297
Other non-current assets		8,280		15,742		15,265
	****	411,549	****	442,708	****	451,902
Current assets
Inventories		75,842		92,335		109,094
Trade receivables		22,191		39,781		48,868
Other current assets		23,353		41,706		30,467
Cash and bank balances		44,935		88,981		91,897
	****	166,321	****	262,803	****	280,326
Total assets	****	577,870	****	705,511	****	732,228
Liabilities
Non-current liabilities
Non-current borrowings		11,399		11,212		18,115
Non-current lease liabilities		104,382		102,987		105,986
Non-current provisions		3,286		4,166		4,111
Employee benefits		19,085		18,464		15,128
Deferred income tax liabilities		53,284		54,179		54,660
Other non-current liabilities		1,338		1,080		690
	****	192,774	****	192,088	****	198,690
Current liabilities
Trade payables		47,436		58,151		73,114
Bank overdrafts		764		14		148
Current borrowings		7,438		55,559		15,370
Current lease liabilities		32,503		37,072		34,605
Current provisions		2,490		3,141		3,014
Other current liabilities		44,070		68,660		106,481
	****	134,701	****	222,597	****	232,732
Total liabilities	****	327,475	****	414,685	****	431,422
Net assets	****	250,395	****	290,826	****	300,806
Equity
Equity attributable to owners of the Company
Share capital		289,165		339,259		0
Treasury shares		0		-3		-25,023
Other reserves		81,198		149,460		762,962
Accumulated losses		-158,974		-224,328		-442,618
	****	211,389	****	264,388	****	295,320
Non- controlling interests		39,006		26,438		5,486
Total equity	****	250,395	****	290,826	****	300,806

Lanvin Group Consolidated Cash Flow

(€ in Thousands, unless otherwise noted)

Lanvin Group Consolidated Cash Flow	2020A		2021A		2022A
	FY		FY		FY
Net cash used in operating activities		-87,297		-73,088		-80,851
Net cash flows from/(used in) investing activities		67,038		6,346		-21,799
Net cash flows generated from financing activities		-41,447		110,065		104,937
Net increase/(decrease) in cash and cash equivalents	****	-61,706	****	43,323	****	2,287
Cash and cash equivalents less bank overdrafts at the beginning of the year		106,642		44,171		88,658
Effect of foreign exchange rate changes		-765		1,164		804
Cash and cash equivalents less bank overdrafts at end of the year	****	44,171	****	88,658	****	91,749

Lanvin Brand Key Financials^(3)^

(€ in Thousands, unless otherwise noted)

Lanvin Brand Key Financials	2020A					2021A					2022A					2021A v<br>2020A			2022A v<br>2021A			20-22<br>CAGR
	FY		%			FY		%			FY		%
Key Financials on P&L
Revenues		34,989		100	%		72,872		100	%		119,847		100	%		108	%		64	%		85	%
Gross profit		13,573		39	%		34,028		47	%		60,513		50	%
Selling and distribution expenses		-43,147		-123	%		-58,124		-80	%		-75,852		-63	%
Contribution profit (2)		-29,574		-85	%		-24,096		-33	%		-15,339		-13	%
Revenues by Geography
EMEA		18,501		53	%		31,683		43	%		61,092		51	%		71	%		93	%		82	%
North America		4,525		13	%		15,964		22	%		28,524		24	%		253	%		79	%		151	%
Greater China		10,054		29	%		23,541		32	%		25,742		21	%		134	%		9	%		60	%
Other		1,909		5	%		1,684		2	%		4,489		4	%		-12	%		167	%		53	%
Revenues by Channel
DTC		16,959		48	%		46,134		63	%		58,536		49	%		172	%		27	%		86	%
Wholesale		12,974		37	%		21,161		29	%		51,898		43	%		63	%		145	%		100	%
Other		5,056		14	%		5,577		8	%		9,413		8	%		10	%		69	%		36	%

Wolford Brand Key Financials^(3)^

(€ in Thousands, unless otherwise noted)

Wolford Brand Key Financials	2020A					2021A					2022A					2021A v			2022A v			20-22
	FY		%			FY		%			FY		%			2020A			2021A			CAGR
Key Financials on P&L
Revenues		95,384		100	%		109,332		100	%		125,514		100	%		15	%		15	%		15	%
Gross profit		65,865		69	%		79,070		72	%		86,228		69	%
Selling and distribution expenses		-65,006		-68	%		-59,351		-54	%		-81,901		-65	%
Contribution profit (2)		859		1	%		19,719		18	%		4,327		3	%
Revenues by Geography
EMEA		73,794		77	%		79,236		72	%		86,501		69	%		7	%		9	%		8	%
North America		16,367		17	%		21,824		20	%		31,535		25	%		33	%		44	%		39	%
Greater China		4,867		5	%		7,289		7	%		6,791		5	%		50	%		-7	%		18	%
Other		356		0	%		983		1	%		687		1	%		176	%		-30	%		39	%
Revenues by Channel
DTC		62,323		65	%		74,622		68	%		90,408		72	%		20	%		21	%		20	%
Wholesale		33,061		35	%		34,710		32	%		34,426		27	%		5	%		-1	%		2	%
Other		0		0	%		0		0	%		680		1	%

Sergio Rossi Brand Key Financials^(3)^

(€ in Thousands, unless otherwise noted)

Sergio Rossi Brand Key Financials	2021PF					2021A					2022A					2022A v			2022A v
	FY		%			FY		%			FY		%			2021PF			2021A
Key Financials on P&L
Revenues		59,206		100	%		28,737		100	%		61,929		100	%		5	%		116	%
Gross profit							13,319		46	%		31,048		50	%
Selling and distribution expenses							-9,489		-33	%		-24,502		-40	%
Contribution profit (2)							3,830		13	%		6,546		11	%
Revenues by Geography
EMEA		33,435		56	%		17,009		59	%		35,023		57	%		5	%		106	%
North America		1,290		2	%		107		0	%		1,181		2	%		-8	%		1004	%
Greater China		11,331		19	%		4,595		16	%		10,809		17	%		-5	%		135	%
Other		13,150		22	%		7,027		24	%		14,916		24	%		13	%		112	%
Revenues by Channel
DTC		28,911		49	%		14,349		50	%		31,910		52	%		10	%		122	%
Wholesale		30,295		51	%		14,389		50	%		30,019		48	%		-1	%		109	%
Other		0		0	%		0		0	%		0		0	%

St. John Brand Key Financials^(3)^

(€ in Thousands, unless otherwise noted)

St.John Brand Key Financials	2020A					2021A					2022A					2021A v			2022A v			20-22
	FY		%			FY		%			FY		%			2020A			2021A			CAGR
Key Financials on P&L
Revenues		66,512		100	%		73,094		100	%		85,884		100	%		10	%		17	%		14	%
Gross profit		32,987		50	%		38,987		53	%		52,642		61	%
Selling and distribution expenses		-42,273		-64	%		-37,697		-52	%		-42,498		-49	%
Contribution profit (2)		-9,286		-14	%		1,290		2	%		10,144		12	%
Revenues by Geography
EMEA		2,254		3	%		779		1	%		1,224		1	%		-65	%		57	%		-26	%
North America		60,528		91	%		65,534		90	%		78,774		92	%		8	%		20	%		14	%
Greater China		2,919		4	%		6,467		9	%		5,153		6	%		122	%		-20	%		33	%
Other		811		1	%		315		0	%		733		1	%		-61	%		133	%		-5	%
Revenues by Channel
DTC		44,778		67	%		51,581		71	%		66,412		77	%		15	%		29	%		22	%
Wholesale		21,734		33	%		21,513		29	%		19,077		22	%		-1	%		-11	%		-6	%
Other		0		0	%		0		0	%		395		0	%

Caruso Brand Key Financials^(3)^

(€ in Thousands, unless otherwise noted)

Caruso Brand Key Financials	2020A					2021A					2022A					2021A v			2022A v			20-22
	FY		%			FY		%			FY		%			2020A			2021A			CAGR
Key Financials on P&L
Revenues		26,351		100	%		24,695		100	%		30,819		100	%		-6	%		25	%		8	%
Gross profit		4,881		19	%		4,449		18	%		7,147		23	%
Selling and distribution expenses		-1,708		-6	%		-1,144		-5	%		-1,446		-5	%
Contribution profit (2)		3,173		12	%		3,305		13	%		5,701		18	%
Revenues by Geography
EMEA		20,318		77	%		19,475		79	%		23,050		75	%		-4	%		18	%		7	%
North America		4,252		16	%		3,272		13	%		5,833		19	%		-23	%		78	%		17	%
Greater China		480		2	%		549		2	%		559		2	%		14	%		2	%		8	%
Other		1,301		5	%		1,399		6	%		1,377		4	%		8	%		-2	%		3	%
Revenues by Channel
DTC		0		0	%		0		0	%		0		0	%
Wholesale		26,351		100	%		24,695		100	%		30,819		100	%		-6	%		25	%		8	%
Other		0		0	%		0		0	%		0		0	%

Lanvin Group Brand Footprint

Footprint by Brand	2021				2022
	DOS (4)		POS (5)		DOS (4)		POS (5)
Lanvin		27		287		31		339
Wolford		167		227		163		225
St. John		48		133		46		106
Sergio Rossi		50		328		50		346
Caruso		1		144		1		189
Total	****	293	****	1,119	****	291	****	1,205

Non-IFRS Financial Measures Reconciliation

(€ in Thousands, unless otherwise noted)

Reconciliation of Contribution Margin	2020A		2021A		2022A
	FY		FY		FY
Revenue	****	222,612	****	308,822	****	422,312
Cost of sales		-105,218		-138,920		-184,368
Gross profit	****	117,394	****	169,902	****	237,944
Marketing and selling expenses		-151,631		-165,502		-224,733
Contribution profit (2)	****	-34,237	****	4,400	****	13,211

(€ in Thousands, unless otherwise noted)

Reconciliation of Adjusted EBIT	2020A		2021A		2022A
	FY		FY		FY
Loss for the year	****	-135,657	****	-76,452	****	-239,751
Add / (Deduct) the impact of:
Income tax benefits / (expenses)		-1,603		4,331		-129
Finance cost—net		12,989		9,313		14,556
Non-underlying items (1)		-43,546		-45,206		83,057
Loss from operations before non-underlyingitems	****	-167,817	****	-108,014	****	-142,267
Add / (Deduct) the impact of:
Share based compensation		5,389		7,208		7,431
Adjusted EBIT (2)	****	-162,428	****	-100,806	****	-134,836

(€ in Thousands, unless otherwise noted)

Reconciliation of Adjusted EBITDA	2020A		2021A		2022A
	FY		FY		FY
Loss for the year	****	-135,657	****	-76,452	****	-239,751
Add / (Deduct) the impact of:
Income tax benefits / (expenses)		-1,603		4,331		-129
Finance cost – net		12,989		9,313		14,556
Non-underlying items (1)		-43,546		-45,206		83,057
Loss from operations before non-underlyingitems	****	-167,817	****	-108,014	****	-142,267
Add / (Deduct) the impact of:
Share based compensation		5,389		7,208		7,431
Provisions and impairment losses		22,676		10,766		16,729
Net foreign exchange (gains) / losses		3,304		-10,489		339
Depreciation / Amortization		48,332		41,584		45,810
Adjusted EBITDA (2)	****	-88,116	****	-58,945	****	-71,958

Note:

(1)	2022 was impacted by a €84 million cost related to the Reverse Recapitalization that occurred as part<br>of the SPAC merger; this cost is non-recurring in nature.
(2)	These are Non-IFRS Financial Measures and will be mentioned throughout<br>this communication. Please see Non-IFRS Financial Measures and Definition.
---	---
(3)	Brand-level results are presented exclusive of eliminations.
---	---
(4)	DOS refers to Directly Operated Stores which include boutiques, outlets, concession shop-in-shops and pop-up stores.
---	---
(5)	POS refers to Point of Sales which include DOS and wholesale accounts.
---	---

Non-IFRS Financial Measures and Definition

Our management monitors and evaluates operating and financial performance using several non-IFRS financial measures including: contribution profit, contribution margin, Adjusted EBIT and Adjusted EBITDA. Our management believes that these non-IFRS financial measures provide useful and relevant information regarding our performance and improve their ability to assess financial performance and financial position. They also provide comparable measures that facilitate management’s ability to identify operational trends, as well as make decisions regarding future spending, resource allocations and other operational decisions. While similar measures are widely used in the industry in which we operate, the financial measures that we use may not be comparable to other similarly named measures used by other companies nor are they intended to be substitutes for measures of financial performance or financial position as prepared in accordance with IFRS.

Contribution profit is defined as revenues less the cost of sales and selling and marketing expenses. Contribution profit subtracts the main variable expenses of selling and marketing expenses from gross profit, and our management believes this measure is an important indicator of profitability at the marginal level. Below contribution profit, the main expenses are general administrative expenses and other operating expenses (which include foreign exchange gains or losses and impairment losses). As we continue to improve the management of our portfolio brands, we believe we can achieve greater economy of scale across the different brands by maintaining the fixed expenses at a lower level as a proportion of revenue. We therefore use contribution profit margin as a key indicator of profitability at the group level as well as the portfolio brand level.

Contribution margin is defined as contribution profit divided by revenues.

Adjusted EBIT is defined as profit or loss before income taxes, net finance cost, share based compensation, adjusted for income and costs which are significant in nature and that management considers not reflective of underlying operational activities, mainly including net gains on disposal of long-term assets, negative goodwill from acquisition of Sergio Rossi, gain on debt restructuring and government grants.

Adjusted EBITDA is defined as profit or loss before income taxes, net finance cost, exchange gains/(losses), depreciation, amortization, share based compensation and provisions and impairment losses adjusted for income and costs which are significant in nature and that management considers not reflective of underlying operational activities, mainly including net gains on disposal of long-term assets, negative goodwill from acquisition of Sergio Rossi, gain on debt restructuring and government grants.

EX-99.2

Exhibit 99.2

2022 FULL - YEAR RESULTS April 20, 2023 LANVIN GROUP LANVIN WOLFORD Sergio rOSSI ST. JOHN CARUSO

Forward-Looking Statements This presentation, including the sections “Overview of 2022 Achievements”, “2023 Guidance”, “Solid Brand-Level Performance” and “Appendix”, contain “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” “guidance,” “project” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this presentation, and on the current expectations of the respective management of Lanvin Group and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Lanvin Group. Potential risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, changes adversely affecting the business in which Lanvin Group is engaged; Lanvin Group’s projected financial information, anticipated growth rate, profitability and market opportunity may not be an indication of its actual results or future results; management of growth; the impact of COVID-19 or similar public health crises on Lanvin Group’s business; Lanvin Group’s ability to safeguard the value, recognition and reputation of its brands and to identify and respond to new and changing customer preferences; the ability and desire of consumers to shop; Lanvin Group’s ability to successfully implement its business strategies and plans; Lanvin Group’s ability to effectively manage its advertising and marketing expenses and achieve desired impact; its ability to accurately forecast consumer demand; high levels of competition in the personal luxury products market; disruptions to Lanvin Group’s distribution facilities or its distribution partners; Lanvin Group’s ability to negotiate, maintain or renew its license agreements; Lanvin Group’s ability to protect its intellectual property rights; Lanvin Group’s ability to attract and retain qualified employees and preserve craftmanship skills; Lanvin Group’s ability to develop and maintain effective internal controls; general economic conditions; the result of future financing efforts; and those factors discussed in the reports filed by Lanvin Group from time to time with the SEC. If any of these risks materialize or Lanvin Group’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lanvin Group presently does not know, or that Lanvin Group currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lanvin Group’s expectations, plans, or forecasts of future events and views as of the date of this presentation. Lanvin Group anticipates that subsequent events and developments will cause Lanvin Group’s assessments to change. However, while Lanvin Group may elect to update these forward-looking statements at some point in the future, Lanvin Group specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Lanvin Group’s assessments of any date subsequent to the date of this presentation. Accordingly, reliance should not be placed upon the forward-looking statements. Use of Non-IFRS Financial Metrics This presentation includes certain non-IFRS financial measures (including on a forward-looking basis) such as contribution profit, contribution margin, adjusted earnings before interest and taxes (“Adjusted EBIT”), and adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA” and trade working capital). These non-IFRS measures are an addition, and not a substitute for or superior to measures of financial performance prepared in accordance with IFRS and should not be considered as an alternative to net income, operating income or any other performance measures derived in accordance with IFRS. Reconciliations of non-IFRS measures to their most directly comparable IFRS counterparts are included in the Appendix to this presentation. Lanvin Group believes that these non- IFRS measures of financial results (including on a forward-looking basis) provide useful supplemental information to investors about Lanvin Group. Lanvin Group’s management uses forward looking non-IFRS measures to evaluate Lanvin Group’s projected financial and operating performance. Lanvin Group believes that the use of these non-IFRS financial measures provides an additional tool for investors to use in evaluating projected operating results and trends in and in comparing Lanvin Group’s financial measures with other similar companies, many of which present similar non-IFRS financial measures to investors. However, there are a number of limitations related to the use of these non-IFRS measures and their nearest IFRS equivalents. For example, other companies may calculate non-IFRS measures differently, or may use other measures to calculate their financial performance, and therefore Lanvin Group’s non-IFRS measures may not be directly comparable to similarly titled measures of other companies. Lanvin Group does not consider these non-IFRS measures in isolation or as an alternative to financial measures determined in accordance with IFRS. The principal limitation of these non-IFRS financial measures is that they exclude significant expenses, income and tax liabilities that are required by IFRS to be recorded in Lanvin Group’s financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgements by Lanvin Group about which expense and income are excluded or included in determining these non-IFRS financial measures. In order to compensate for these limitations, Lanvin Group presents non-IFRS financial measures in connection with IFRS results. 2

BUILDING THE NEWLUXURY

TABLE OF CONTENTS PAGE 5 GROUP CONSOLIDATED FINANCIAL RESULTS PAGE 25 SOLID BRAND-LEVEL PERFORMANCE PAGE 15 AUNIQUE GLOBAL LUXURY PLATFORM 4

OVERVIEW OF 2022 ACHIEVMENTS 01 RECORD SALES WITH 37% YOY GROWTH 02 ENHANCED CHANNEL CAPABILITIES 03 BALANCED REGIONAL DEVELOPMENT 04 IMPROVED OPERATIONAL EFFICIENCY 05 FOCUSED BRAND STRATEGIES 06 SOLIDIFIED CATEGORY EXPANSION

LANVIN GROUP"S NUMBERS AT A GLANCE 2022 Global Revenue €422MM 2022 DTC Revenue Growth +32% 2022 EMEA Revenue Growth +39% 2022 vs. 2021 Gross Margin Change +133BPS 2022 Global Revenue +37% 2022 Wholesale Revenue Growth +41% 2022 North America +36% 2022 vs. 2021 Contribution Profit%(1) Change +170bps 2020-2022 Global Revenue CAGR +38% 2022 e-Commerce Revenue Growth +28%2022 Greater China Revenue Growth +15% 2022 vs. 2021 Adj. EBITDA%(1) Change +205bps (1) These are Non-IFRS Financial Measures and will be mentioned throughout this presentation. Please see Page 54 for Non-IFRS Financial Measures and definition. 6

EVERY BRAND DELIVERED GROWTH FLAGSHIP BRAND LANVIN POWERING MOMENTUM WITH 64% YOY GROWTH Revenue Growth Bridge by Brand 2020-2022 (€ in mm) €223 €309 €47 €16 €33 €13 €6 -€2 €422 2020 2021 LANVIN Wolford SergIo rOSSI ST. JOHN CARUSQ Eliminations 2022 7

BALANCED DEVELOPMENT ACROSS REGIOSNS GREATER CHINA GREW BY 15% DESPITE NEGATIVE COVID IMPACT, DEMONSTRATING BRAND RESILIENCE FY2022 Revenue Growth by Region (€ in mm) FY2022 Revenue Breakdown by Region (%) €309 €58 €39 €6 €11 €422 Other(1) +95% Greater China +15% EMEA +39% North America +36% 5% 49% 34% 12% 2022 2021 EMEA North America Greater China Other(1) 2022 (1) Other includes: Japan, South Korea, Thailand, Malaysia, Vietnam, Indonesia, Philippines, Australia, New Zealand, India and other Southeast Asian countries. 8

ALL CHANNELS GREW BY DOUBLE DIGITS DRIVEN BY THE GROUP’S SUCCESSFUL GLOBAL OMNI-CHANNEL STRATEGIES FY22 Revenue Growth by Channel (€ in mm) Revenue Breakdown by Channel €309 €61 €48 €5 €422 2021 DTC Wholesale Other(1) 2022 Other(1) +88% Wholesale +41% DTC+32% 59% 39% 2% (1) Other includes: fees for royalties, licenses received from third party, and clearance. 9

CNSTANT MARGIN IMPROVEMENT YEAR-OVER-YEAR IMPROVEMENT IN THE GROUP’S GROSS PROFIT, CONTRIBUTION PROFIT AND ADJUSTED EBITDA MARGINS Lanvin Group Gross Profit (€ in mm) Lanvin Group Contribution Profit (1) (€ in mm) Lanvin Group Adjusted EBITDA(1) (€ in mm) GP% 53% 55% 56% CP% -15% 1% 3% Adj. EBITDA% -40% -19% -17% €117 €170 €238 FY2020 FY2021 FY2022 FY2020-€34 €4FY2021 €13 FY2022 FY2020-€88 FY2021-€59 FY2022 €72 (1) These are Non-IFRS Financial Measures and will be mentioned throughout this presentation. Please see Page 54 for Non-IFRS Financial Measures and definition. 10

CONTRIBUTION PROFIT BY BRAND Contribution Profit(1) Bridge by Brand 2021-2022(€ in mm) €4 -€15 €9 €9 €3 €2 €1 €13 2021 Wolford ST. JOHN LANVIN Sergio rOSSI CARUSO HQ and Eliminations 2022 (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: HQ and eliminations are not allocated by brand and result mainly from intragroup transactions. Brand-level results are presented exclusive of eliminations. 11

CONTINUOUS STORE NETWORK OPTIMIZATION ONGOING UPGRADE OF STORE NETWORK, WITH DISCIPLINED NEW OPENINGS AND CLOSURES OF UNDERPERFORMING LOCATIONS Lanvin Group DOS Evolution by Brand Selected 2022 Newly Opened Boutiques 293 12 15 7 13 -49 291 FY 2021 LANVIN Wolford ST sergio rossi Total Closures FY 2022 Lanvin - Tokyo Ginza Sergio Rossi - Milan Spiga 26 Lanvin Group DOS Evolution by Region 293 7 15 23 2 -49 291 FY EMEA North America Greater China Othe Asia Total Clouseres FY 2022 St. John - Dallas NorthPark Sergio Rossi - Chengdu SKP Note: DOS as of 31st December 2022 and 2021 and refers to Directly Operated Stores which include shop-in-shop, retail, outlet & pop-up stores. 12

IMPEROVED WORKING CAPITAL EFFICIENCY Trade Working Capital(1) 2020-2022(€in mm) €85 €74 €51 €109 €92 €76 €40 €49 €22 Trade payables Inventories -€47 -€58 -€73 Trade receivables 2020 2021 2022 Cash Conversion Cycle(1) 134 123 113 % of Revenues 23% 22% 20% DSO(1) 36 43 42 DIO(1) 263 216 216 DPO(1) 165 136 145 (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Trade working capital is defined as the sum of inventories as well as trade receivables less trade payables. DSO (Days Sales Outstanding)=Trade receivables/Total sales x 365; DIO (Days Inventory Outstanding)=Inventory/Cost of sales x 365; DPO (Days Payable Outstanding)=Trade payables/Cost of sales x 365; Cash Conversion Cycle =DSO+DIO-DPO 13

2023 GUIDANCE ANOTHER YEAR OF TOPLINE GROWTH AND MARGIN IMPROVEMENT 01 Momentum to continue in 2023 with China growth driving positive results; but global macro issues will persist 02 Topline growth driven by continued retail network optimization and expansion, digitalization, targeted branding and customer engagement, as well as strategic category expansion 03 Ongoing margin improvement through focused brand strategies and increasing operational efficiency; on track for EBITDA breakeven in 2024 04 Potential new investment and acquisition opportunities to further complete brand ecosystem and generate synergies

OUR UNIQUE GLOBAL PLATFORM HAS FURTHER PROVED ITS COMPETITIVE ADVANTAGE TO DELIVER GROWTH.

… LANVIN GROUP’S BRANDS WORK TOGETHER TO BUILD A WARDROBE OF MODERN, GENERATIONAL LUXURY FOR ITS CONSUMERS BY SYNERGIZING EACH BRANDS’ IDEAS AND CORE SKILLS IN DESIGN AND PRODUCTION SINCE SINCE 2022 Revenues –€86 million 2022 Revenues – €120 million % of Group Revenues – 20% % of Group Revenues – 28% A Foundation of American The Oldest Operating Luxury; Building Wardrobes French Couture House with Timeless yet Contemporary Style SINCE SINCE SINCE 2022 Revenues –€126 million 2022 Revenues – €31 million % of Group Revenues – 30% % of Group Revenues – 7% 2022 Revenues –€62 million Iconic Skinwear % of Group Revenues – 15% The Reference Luxury Brand Originated from Tailoring Manufacturer in Austria that Combines A Forerunner in Design; Manufacturing Italy, Combining Traditional Luxury, Technology, and Shoes and Accessories with Provocative, Skills with Innovation in Premier Manufacturing Modern Sophistication from Italy Shapes and Material Note: Revenue eliminations are not allocated by brand and result mainly from intragroup transactions. Brand-level results are presented exclusive of eliminations. 16

… KEY STRATEGIES AND INITIATIVES IN BRAND, PRODUCT, CHANNEL AND REGION DROVE RECORD GROWTH IN 2022 • Back to brand DNA and ethos • Continued investment in branding • Increased accessory contribution • All regions experienced growth • Strong growth in e-Commerce • Focus on core iconic offerings • Targeted brand collaborations • Successful category extension • Ongoing store network upgrade • Digital infrastructure implementation 17

… LANVIN GROUP IS THE FIRST AND ONLY GLOBAL LUXURY GROUP HEADQUARTERED IN CHINA WITH UNPARALLELED ACCESS TO THE LARGEST AND FASTEST GROWING LUXURY MARKET IN THE WORLD MARKET CAP Source: Market Cap as of April 12 2023, Capital IQ. 18

… … SMALL SIZE AND UNDERPENETRATED STORE FOOTPRINT PROVIDE SIGNIFICANT ROOM FOR GROWTH Luxury Peer Group DOS Luxury Peer Group DOS Luxury Peer Group DOS Lanvin Group DOS Lanvin Group DOS Lanvin Group DOS Lanvin Group DOS Note: DOS as of 31st December 2022. Includes shop-in-shop, retail, outlet & pop-up stores. 19

… HIGHLY ATTRACTIVE AND RESILIENT PERSONAL LUXURY GOODS MARKET, WITH CHINA BEING THE MAIN GROWTH DRIVER Global Personal Luxury Goods Market Size (€bn) Luxury Goods Spending Breakdown by Nationalities of Customers (€bn) Performance of Luxury Personal Goods vs Other Luxury Segments (Market Size Rebound % Index from 2017) €353 €540~580 €540-580 160% 140% 120% 60~62% €353 RoW 100% 81~83% €281 €290 80% €244 €220 60% €150 40% 38~40% €76 20% Chinese 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 17~19% // Luxury Foodservice Luxury Hotels 1996 2006 2016 2019 2020 2021E 2022E 2030F 2022E 2030F Personal Luxury Travel Source: Bain – Renaissance in Uncertainty: Luxury Builds on Its Covid Rebound. Euromonitor. 20

SMALL SIXE AND START-UP MODE... NIMBLE APPROACH DIGITAL MIND-SET START-UP VALUE UNICORN TRACKRECORD 21

… TO QUICKLY SEIZE LOW-HANGING FRUIT UNICORN TRACKRECORD OF GROWTH ACHIEVED IN THE PAST THREE YEARS Lanvin 2020 – 2022 Lanvin 2020 – 2022 Wolford 2020 – 2022 Global Revenue Global Digital Revenue The % of W Collection in Seasonal Sales Lanvin Group 2020 – 2022 Lanvin Group 2020 – 2022 Lanvin Group 2020 – 2022 Global Revenue Global Digital Revenue Greater China Revenue 22

A CLEAR ROADMAP TO PROFIT ABILITY IDENTIFIED GROWTH DRIVERS ACROSS ALL BRANDS TO INCREASE SCALE Enhance On-brand Increase Post-COVID brand appeal category extensions brand footprint growth opportunities through innovative to seize opportunities and in underpenetrated from return of global travel marketing initiatives and create new regions and expand and increased consumer targeted story-telling volume drivers DTC channels confidence 23

A CLEAR ROADMAP TO PROFITABILITY (CONT’D) IDENTIFIED MARGIN DRIVERS ALONG WITH INCREASED SCALE TO TARGET EBITDA BREAKEVEN IN 2024 EBITDA Breakeven in 2024 Better controlled G&A EBITDA BREAKEVEN with established middle/back office and Absorption of selling and IT infrastructure Increased revenue scale marketing expenses with increased sales Reduce discounts and improved Improved towards full price gross margin channel efficiencies 2022 strategy and sharpen Adjusted product offering focus to Absorption of EBITDA core and less seasonal selling & marketing Lower production cost with categories expenses economies of scale and supply chain efficiencies Better HQ efficiency -17% GROSS MARGIN OPERATING EXPENSES 24

SOLID BRAND – LEVEL PERFORMANCE LAVIN GROUP

LANVIN

LANVIN 2022 RESULTS AND 2023 GUIDANCE Lanvin Global Revenue Bridge (€ in Thousands) €3,836 €119,847 €30,737 KEY HIGHLIGHTS €12,402 €72,872 • Revenue grew 64% from €73mm in 2021 to €120mm in 2022 €34,989 • Strong wholesale demand among global luxury retailers and specialty stores, notably for accessories 2020 2021 DTC Wholesale Other 2022 • DTC growth from improved product offerings, client engagement and digital activations • EMEA: 93% growth driven by wholesale Lanvin Key Financials FY2020 FY2021 FY2022 • North America: strong momentum from 2021 led to 79% growth (€ in Thousands) • Greater China: 9% growth despite COVID impact Revenues €34,989 €72,872 €119,847 • Gross profit margin increased from 39% in 2020 to 50% in 2022, from increasing YoY% 108% 64% economies of scale and higher sell-through rates for all categories Gross profit €13,573 €34,028 €60,513 • 2023 growth to be driven by expanding accessory offering, attracting new GP Margin% 39% 47% 50% consumer demographics, and the reopening of China Contribution profit (1) -€29,574 -€24,096 -€15,339 CP Margin% -85% -33% -13% (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. 27

2022 KEY STRATEGIES AND ACHIEVEMENTS Back to Brand Ethos Accessories Young Generation Retail Optimization Lanvin returns to elegance and Sneaker and leather goods businesses have Through striking a balance between Net increase of 4 new stores, including the sophistication, bridging the heritage and driven volume through hit styles, now making sophisticated and casual offerings and brand’s first flagship store in Japan - Ginza; authority of France’s oldest couture house up ~50% of the total business collaborations, Lanvin was able to expand store economics saw strong growth with the energy of contemporary style into younger consumer groups 28

Wolford

WOLFORD 2022 RESULTS AND 2023 GUIDANCE Wolford Global Revenue Bridge (€ in Thousands) €15,786 €680 €125,514 -€284 €109,332 KEY HIGHLIGHTS €95,384 • Revenue grew 15% from €109mm in 2021 to €126mm in 2022 • 44% growth in North America, driven by DTC channel as per brand strategy 2020 2021 DTC Wholesale Other 2022 • Impactful collaborations including GCDS, ALBERTA FERRETTI, MUGLER and Sergio Rossi created brand heat Wolford Key Financials FY2020 FY2021 FY2022 (€ in Thousands) • Refocused on core products while strengthening luxury athleisure line which became a key growth driver Revenues €95,384 €109,332 €125,514 • Increased selling and marketing expenses in 2022 related to legacy consulting YoY% 15% 15% costs and a cyberattack at a logistics provider delaying shipments led to a lower contribution profit Gross profit €65,865 €79,070 €86,228 be GP Margin% 69% 72% 69% • 2023 will an opportunity for continued fiscal and operational improvements and reinforcement of current product and branding strategies Contribution profit (1) €859 €19,719 €4,327 CP Margin% 1% 18% 3% (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. 30

2022 KEY STRATEGIES AND ACHIEVEMENTS Focus on the Icons Collaborations Atheisure Omni-Channel Refocused on core iconic classics for a W Lab: targeted collaborations GCDS, The W: Leveraging Wolford’s unique Flagship stores opened in Paris, New York clearer brand statement, more defined ALBERTA FERRETTI, MUGLER and know-how in creating the best skinwear, and Shanghai; continued to optimize product offering, and better supply chain Sergio Rossi generated constant athleisure is becoming a major growth digital and store network to increase management excitement for the brand driver for the brand channel efficiency 31

sergio rossi

SERGIO ROSSI 2022 RESULTS AND 2023 GUIDANCE Sergio Rossi Revenue Bridge (€ in Thousands) €59.206 €2,999 NM €61,929 -€276 KEY HIGHLIGHTS €28,737 • Acquired and integrated by the Group in July 2021; revenue grew 5% from €59mm (Pro Forma) in 2021 to €62mm in 2022 2021A 2021PF DTC Wholesale Other 2022 • DTC growth driven by strong performance of retail stores in Japan and digital sales in China • Strong results in EMEA, offset weakness in China from COVID-19 • Optimized product mix balancing carry-over and seasonal collections Sergio Rossi Key Financials FY2021 FY2022 (€ in Thousands) • Gross profit margin rose to 50% from increased DTC business, while higher marketing, personnel and rental expenses led to a lower contribution profit Revenues €28,737 €61,929 margin YoY% 116% • 2023 growth driven by new product launches and collaborations, recovery of Greater China, and continued improvement in DTC channel Gross profit €13,319 €31,048 GP Margin% 46% 50% Contribution profit (1) €3,830 €6,546 CP Margin% 13% 11% (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. Note: Lanvin Group acquired a majority stake in Sergio Rossi in July 2021 and Sergio Rossi was consolidated in Lanvin Group’s consolidated revenue starting from the acquisition date; audited 2021 revenue of the brand was €29 million. Pro Forma results assume Sergio Rossi’s revenue results for the full-year 2021. 33

2022 KEY STRATEGIES AND ACHIEVEMENTA Product Rationalization Brand Awareness Collaborations Regional Development Solidified the brand’s expertise and core Fashion capsules with the brand’s new Targeted collaborations with Sergio Rossi Fostered presence mostly in China and offerings of classic women’s shoes, Artistic Director generated hype and and others created constant brand buzz EMEA, cemented leading position in Japan, cementing its positioning as a leading coolness; new product lines (SI ROSSI) and attracted new traffic to the stores and reentered US market through e-Italian luxury shoemaker able to attract younger demographic website Commerce platform 34

ST. JOHN

ST.JHON 2022 RESULTS AND 2023 GUIDANCE €14,381 €395 €85,884 -€2,436 €73,094 KEY HIGHLIGHTS €66,512 • Revenue grew 17% from €73mm in 2021 to €86mm in 2022 • 29% growth in DTC channel benefiting from refocusing on core North American market, and targeted client and store network optimization • Successful implementation of full price strategy drove gross margin increase of St. John Key Financials FY2020 FY2021 FY2022 800bps; healthier mix of full price sales combined with better expense control (€ in Thousands) contributed to higher contribution profit margin Successfully launched mix-and-match seasonless product offering worn for Revenues €66,512 €73,094 €85,884 2020 2021 DTC Whlesale other 2022 • everyday and occasions YoY% 10% 17% • In 2023, continue growth trajectory and road to profitability with marketing Gross profit €32,987 €38,987 €52,642 initiatives, optimizing the retail experience, continuing transformation into lifestyle GP Margin% 50% 53% 61% brand, and completing manufacturing rationalization Contribution profit (1) -€9,286 €1,290 €10,144 CP Margin% -14% 2% 12% (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. 36

2022 KEY STRATEGIES AND ACHIEVMENTS Return to the Brand The FOUNDATION Client Engagement Margin Improvement At its 60th anniversary, St. John refocused Launched the Foundation Collection that’s Active store upgrade/relocation and retail Successful full price strategy both online and its products, clients and market, as an iconic comprised of building blocks of thoughtful and digital activations resulted in large offline led to better brand image and an 8% American luxury house founded on the anchor pieces that define looks for work, improvements in CRM and conversion gross margin increase premise of a simple, elegant and versatile social gatherings, and everyday life knit dress 37

CARUSO

€6,124 €30,819 NM €26,351 €24,695 NM KEY HIGHLIGHTS • Revenue grew 25% from €25mm in 2021 to €31mm in 2022 • Strong growth from proprietary brand business with attractive price and style positioning • B2B Maisons manufacturing business growth driven by new account acquisitions and made-to-measure production growth; built significant customer loyalty Caruso Key Financials • Gross margin increased from 18% to 23%, and contribution profit margin FY2020 FY2021 FY2022 (€ in Thousands) increased from 13% to 18% from 2021 to 2022, respectively, due to economies of scale and better management of factory labor costs and selling and marketing expenses Revenues €26,351 €24,695 €30,819 YoY% -6% 25% • 2023 to grow from focused investments in capacity expansion and increased operating efficiency, paired with concentrating client and product portfolio Gross profit €4,881 €4,449 €7,147 • Caruso will continue to benefit from the “back to elegance” trend that’s gaining momentum GP Margin% 19% 18% 23% Contribution profit (1) €3,173 €3,305 €5,701 CP Margin% 12% 13% 18% (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. 39

2022 KEY STRATEGIES ABD ACHIEVEMENTS Back to Elegance The ‘back-to-elegance’ trend has benefited both the B2B Maisons manufacturing business as well as Caruso brand business Caruso Brand Clear style positioning (luxurious Playful Elegance), defined collections and new e-Commerce touch point drove strong growth for the brand New OEM Clients B2B Maisons business increased solidly with new account acquisitions; diversifying customer concentration risk and building loyalty Production Efficiency Improved production efficiency and better economies of scale led to a 5% increase in gross margin 40

APPENDIX LANVIN GROUP

(€ in Thousands, unless otherwise noted) 2020A 2021A 2022A Lanvin Group Consolidated P&L FY % FY % FY % Revenue 222,612 100% 308,822 100% 422,312 100% Cost of sales -105,218 -47% -138,920 -45% -184,368 -44% Gross profit 117,394 53% 169,902 55% 237,944 56% Marketing and selling expenses -151,631 -68% -165,502 -54% -224,733 -53% General and administrative expenses -115,181 -52% -122,497 -40% -153,138 -36% Other operating income and expenses -18,399 -8% 10,083 3% -2,340 -1% Loss from operations before non-underlying items -167,817 -75% -108,014 -35% -142,267 -34% Non-underlying items(1) 43,546 20% 45,206 15% -83,057 -20% Loss from operations -124,271 -56% -62,808 -20% -225,324 -53% Finance cost – net -12,989 -6% -9,313 -3% -14,556 -3% Loss before income tax -137,260 -62% -72,121 -23% -239,880 -57% Income tax benefits / (expenses) 1,603 1% -4,331 -1% 129 0% Loss for the year -135,657 -61% -76,452 -25% -239,751 -57% Contribution profit (2) -34,237 -15% 4,400 1% 13,211 3% Adjusted EBIT (2) -162,428 -73% -100,806 -33% -134,836 -32% Adjusted EBITDA(2) -88,116 -40% -58,945 -19% -71,958 -17% (1) 2022 was impacted by a €84 million cost related to the Reverse Recapitalization that occurred as part of the SPAC merger; this cost is non-recurring in nature. (2) These are Non-IFRS Financial Measures and will be mentioned throughout this presentation. Please see Page 54 for Non-IFRS Financial Measures and definition. 42

(€ in Thousands, unless otherwise noted) (€ in Thousands, unless otherwise noted) 2020A 2021A 2022A 2020A 2021A 2022A Lanvin Group Consolidated Balance Sheet Lanvin Group Consolidated Balance Sheet FY FY FY FY FY FY Assets Liabilities Non-current assets Non-current liabilities Intangible assets 175,542 181,234 181,485 Non-current borrowings 11,399 11,212 18,115 Goodwill 69,323 69,323 69,323 Non-current lease liabilities 104,382 102,987 105,986 Non-current provisions 3,286 4,166 4,111 Property, plant and equipment 26,879 40,564 46,801 Employee benefits 19,085 18,464 15,128 Right-of-use assets 117,917 118,775 121,731 Deferred income tax liabilities 53,284 54,179 54,660 Deferred income tax assets 13,608 17,070 17,297 Other non-current liabilities 1,338 1,080 690 Other non-current assets 8,280 15,742 15,265 192,774 192,088 198,690 411,549 442,708 451,902 Current liabilities Current assets Trade payables 47,436 58,151 73,114 Inventories 75,842 92,335 109,094 Bank overdrafts 764 14 148 Trade receivables 22,191 39,781 48,868 Current borrowings 7,438 55,559 15,370 Other current assets 23,353 41,706 30,467 Current lease liabilities 32,503 37,072 34,605 Cash and bank balances 44,935 88,981 91,897 Current provisions 2,490 3,141 3,014 166,321 262,803 280,326 Other current liabilities 44,070 68,660 106,481 Total assets 577,870 705,511 732,228 134,701 222,597 232,732 Total liabilities 327,475 414,685 431,422 Net assets 250,395 290,826 300,806 Equity Equity attributable to owners of the Company Share capital 289,165 339,259 0 Treasury shares 0 -3 -25,023 Other reserves 81,198 149,460 762,962 Accumulated losses -158,974 -224,328 -442,618 211,389 264,388 295,320 Non- controlling interests 39,006 26,438 5,486 Total equity 250,395 290,826 300,806 43

(€ in Thousands, unless otherwise noted) 2020A 2021A 2022A Lanvin Group Consolidated Cash Flow FY FY FY Net cash used in operating activities -87,297 -73,088 -80,851 Net cash flows from/(used in) investing activities 67,038 6,346 -21,799 Net cash flows generated from financing activities -41,447 110,065 104,937 Net increase/(decrease) in cash and cash equivalents -61,706 43,323 2,287 Cash and cash equivalents less bank overdrafts at the beginning of the year 106,642 44,171 88,658 Effect of foreign exchange rate changes -765 1,164 804 Cash and cash equivalents less bank overdrafts at end of the year 44,171 88,658 91,749 44

LANVIN BRAND KEY FINANCIALS (€ in Thousands, unless otherwise noted) 2020A 2021A 2022A 2021A v 2022A v 20-22 Lanvin Brand Key Financials FY % FY % FY % 2020A 2021A CAGR Key Financials on P&L Revenues 34,989 100% 72,872 100% 119,847 100% 108% 64% 85% Gross profit 13,573 39% 34,028 47% 60,513 50% Selling and distribution expenses -43,147 -123% -58,124 -80% -75,852 -63% Contribution profit(1) -29,574 -85% -24,096 -33% -15,339 -13% Revenues by Geography EMEA 18,501 53% 31,683 43% 61,092 51% 71% 93% 82% North America 4,525 13% 15,964 22% 28,524 24% 253% 79% 151% Greater China 10,054 29% 23,541 32% 25,742 21% 134% 9% 60% Other 1,909 5% 1,684 2% 4,489 4% -12% 167% 53% Revenues by Channel DTC 16,959 48% 46,134 63% 58,536 49% 172% 27% 86% Wholesale 12,974 37% 21,161 29% 51,898 43% 63% 145% 100% Other 5,056 14% 5,577 8% 9,413 8% 10% 69% 36% (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. 45

WOLFORD BRAND KEY FINANCIALS (€ in Thousands, unless otherwise noted) 2020A 2021A 2022A 2021A v 2022A v 20-22 Wolford Brand Key Financials FY % FY % FY % 2020A 2021A CAGR Key Financials on P&L Revenues 95,384 100% 109,332 100% 125,514 100% 15% 15% 15% Gross profit 65,865 69% 79,070 72% 86,228 69% Selling and distribution expenses -65,006 -68% -59,351 -54% -81,901 -65% Contribution profit(1) 859 1% 19,719 18% 4,327 3% Revenues by Geography EMEA 73,794 77% 79,236 72% 86,501 69% 7% 9% 8% North America 16,367 17% 21,824 20% 31,535 25% 33% 44% 39% Greater China 4,867 5% 7,289 7% 6,791 5% 50% -7% 18% Other 356 0% 983 1% 687 1% 176% -30% 39% Revenues by Channel DTC 62,323 65% 74,622 68% 90,408 72% 20% 21% 20% Wholesale 33,061 35% 34,710 32% 34,426 27% 5% -1% 2% Other 0 0% 0 0% 680 1% (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. 46

SERGIO ROSSI BRAND KEY FINANCIALS (€ in Thousands, unless otherwise noted) 2021PF 2021A 2022A 2022A v 2022A v Sergio Rossi Brand Key Financials FY % FY % FY % 2021PF 2021A Key Financials on P&L Revenues 59,206 100% 28,737 100% 61,929 100% 5% 116% Gross profit 13,319 46% 31,048 50% Selling and distribution expenses -9,489 -33% -24,502 -40% Contribution profit(1) 3,830 13% 6,546 11% Revenues by Geography EMEA 33,435 56% 17,009 59% 35,023 57% 5% 106% North America 1,290 2% 107 0% 1,181 2% -8% 1004% Greater China 11,331 19% 4,595 16% 10,809 17% -5% 135% Other 13,150 22% 7,027 24% 14,916 24% 13% 112% Revenues by Channel DTC 28,911 49% 14,349 50% 31,910 52% 10% 122% Wholesale 30,295 51% 14,389 50% 30,019 48% -1% 109% Other 0 0% 0 0% 0 0% (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. 47

ST.JOHN BRAND KEY FINANCIALS (€ in Thousands, unless otherwise noted) 2020A 2021A 2022A 2021A v 2022A v 20-22 St.John Brand Key Financials FY % FY % FY % 2020A 2021A CAGR Key Financials on P&L Revenues 66,512 100% 73,094 100% 85,884 100% 10% 17% 14% Gross profit 32,987 50% 38,987 53% 52,642 61% Selling and distribution expenses -42,273 -64% -37,697 -52% -42,498 -49% Contribution profit(1) -9,286 -14% 1,290 2% 10,144 12% Revenues by Geography EMEA 2,254 3% 779 1% 1,224 1% -65% 57% -26% North America 60,528 91% 65,534 90% 78,774 92% 8% 20% 14% Greater China 2,919 4% 6,467 9% 5,153 6% 122% -20% 33% Other 811 1% 315 0% 733 1% -61% 133% -5% Revenues by Channel DTC 44,778 67% 51,581 71% 66,412 77% 15% 29% 22% Wholesale 21,734 33% 21,513 29% 19,077 22% -1% -11% -6% Other 0 0% 0 0% 395 0% (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. 48

CARUSO BRAND KEY FINANCIALS (€ in Thousands, unless otherwise noted) 2020A 2021A 2022A 2021A v 2022A v 20-22 Caruso Brand Key Financials FY % FY % FY % 2020A 2021A CAGR Key Financials on P&L Revenues 26,351 100% 24,695 100% 30,819 100% -6% 25% 8% Gross profit 4,881 19% 4,449 18% 7,147 23% Selling and distribution expenses -1,708 -6% -1,144 -5% -1,446 -5% Contribution profit(1) 3,173 12% 3,305 13% 5,701 18% Revenues by Geography EMEA 20,318 77% 19,475 79% 23,050 75% -4% 18% 7% North America 4,252 16% 3,272 13% 5,833 19% -23% 78% 17% Greater China 480 2% 549 2% 559 2% 14% 2% 8% Other 1,301 5% 1,399 6% 1,377 4% 8% -2% 3% Revenues by Channel DTC 0 0% 0 0% 0 0% Wholesale 26,351 100% 24,695 100% 30,819 100% -6% 25% 8% Other 0 0% 0 0% 0 0% (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. Note: Brand-level results are presented exclusive of eliminations. 49

LANVIN GROUP BRAND FOOTPRINT 2021 2022 Footprint by Brand (1) (2) (1) (2) DOS POS DOS POS Lanvin 27 287 31 339 Wolford 167 227 163 225 St. John 48 133 46 106 Sergio Rossi 50 328 50 346 Caruso 1 144 1 189 Total 293 1,119 291 1,205 (1) DOS refers to Directly Operated Stores which include boutiques, outlets, concession shop-in-shops and pop-up stores. (2) POS refers to Point of Sales which include DOS and wholesale accounts. 50

NON-IFRS FINANCIAL MEASURES (€ in Thousands, unless otherwise noted) 2020A 2021A 2022A Reconciliation of Contribution Margin FY FY FY Revenue 222,612 308,822 422,312 Cost of sales -105,218 -138,920 -184,368 Gross profit 117,394 169,902 237,944 Marketing and selling expenses -151,631 -165,502 -224,733 Contribution profit (1) -34,237 4,400 13,211 (1) Non-IFRS Financial Measure. Please see Page 54 for Non-IFRS Financial Measures and definition. 51

NON-IFRS FINANCIAL MEASURES (€ in Thousands, unless otherwise noted) 2020A 2021A 2022A Reconciliation of Adjusted EBIT FY FY FY Loss for the year -135,657 -76,452 -239,751 Add / (Deduct) the impact of: Income tax benefits / (expenses) -1,603 4,331 -129 Finance cost—net 12,989 9,313 14,556 Non-underlying items(1) -43,546 -45,206 83,057 Loss from operations before non-underlying items -167,817 -108,014 -142,267 Add / (Deduct) the impact of: Share based compensation 5,389 7,208 7,431 Adjusted EBIT(2) -162,428 -100,806 -134,836 (1) 2022 was impacted by a €84 million cost related to the Reverse Recapitalization that occurred as part of the SPAC merger; this cost is non-recurring in nature. (2) These are Non-IFRS Financial Measures and will be mentioned throughout this presentation. Please see Page 54 for Non-IFRS Financial Measures and definition. 52

NON-IFRS FINANCIAL MEASURES (€ in Thousands, unless otherwise noted) 2020A 2021A 2022A Reconciliation of Adjusted EBITDA FY FY FY Loss for the year -135,657 -76,452 -239,751 Add / (Deduct) the impact of: Income tax benefits / (expenses) -1,603 4,331 -129 Finance cost—net 12,989 9,313 14,556 Non-underlying items(1) -43,546 -45,206 83,057 Loss from operations before non-underlying items -167,817 -108,014 -142,267 Add / (Deduct) the impact of: Share based compensation 5,389 7,208 7,431 Provisions and impairment losses 22,676 10,766 16,729 Net foreign exchange (gains) / losses 3,304 -10,489 339 Depreciation / Amortization 48,332 41,584 45,810 Adjusted EBITDA(2) -88,116 -58,945 -71,958 (1) 2022 was impacted by a €84 million cost related to the Reverse Recapitalization that occurred as part of the SPAC merger; this cost is non-recurring in nature. (2) These are Non-IFRS Financial Measures and will be mentioned throughout this presentation. Please see Page 54 for Non-IFRS Financial Measures and definition. 53

NON-IFRS FINANCIAL MEASURES AND DEFINITION Our management monitors and evaluates operating and financial performance using several non-IFRS financial measures including: contribution profit, contribution margin, Adjusted EBIT and Adjusted EBITDA. Our management believes that these non-IFRS financial measures provide useful and relevant information regarding our performance and improve their ability to assess financial performance and financial position. They also provide comparable measures that facilitate management’s ability to identify operational trends, as well as make decisions regarding future spending, resource allocations and other operational decisions. While similar measures are widely used in the industry in which we operate, the financial measures that we use may not be comparable to other similarly named measures used by other companies nor are they intended to be substitutes for measures of financial performance or financial position as prepared in accordance with IFRS. Contribution profit is defined as revenues less the cost of sales and selling and marketing expenses. Contribution profit subtracts the main variable expenses of selling and marketing expenses from gross profit, and our management believes this measure is an important indicator of profitability at the marginal level. Below contribution profit, the main expenses are general administrative expenses and other operating expenses (which include foreign exchange gains or losses and impairment losses). As we continue to improve the management of our portfolio brands, we believe we can achieve greater economy of scale across the different brands by maintaining the fixed expenses at a lower level as a proportion of revenue. We therefore use contribution profit margin as a key indicator of profitability at the group level as well as the portfolio brand level. Contribution margin is defined as contribution profit divided by revenues. Adjusted EBIT is defined as profit or loss before income taxes, net finance cost, share based compensation, adjusted for income and costs which are significant in nature and that management considers not reflective of underlying operational activities, mainly including net gains on disposal of long-term assets, negative goodwill from acquisition of Sergio Rossi, gain on debt restructuring and government grants. Adjusted EBITDA is defined as profit or loss before income taxes, net finance cost, exchange gains/(losses), depreciation, amortization, share based compensation and provisions and impairment losses adjusted for income and costs which are significant in nature and that management considers not reflective of underlying operational activities, mainly including net gains on disposal of long-term assets, negative goodwill from acquisition of Sergio Rossi, gain on debt restructuring and government grants. Trade working capital is defined as the sum of inventories as well as trade receivables less trade payables. 54