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  • HUGO BOSS ©

    Mark Langer (Chief Executive Officer)Stuttgart, May 19, 2016

    May 19, 2016 2Annual Shareholders Meeting 2016

  • HUGO BOSS ©

    *+3% FX-adjusted

    2015 marks another year of growth for HUGO BOSS

    Sales

    EBITDA before special items

    Sales and EBITDA before special items(in EUR million)

    594591565528470354

    269

    +1%

    +9%*

    2015

    2,809

    2014

    2,572

    2013

    2,432

    2012

    2,346

    2011

    2,059

    2010

    1,729

    2009

    1,562

    Annual Shareholders Meeting 2016 May 19, 2016 3

  • HUGO BOSS © May 19, 2016Annual Shareholders Meeting 2016

    The market environment was and continues to be challenging

    apparel market, y-o-y Retail sales development

    (in %)***

    0

    (2)

    2012

    (2)

    2013

    (3)

    20152014

    12

    2015

    (12)

    (1)

    2012 2013

    (10)

    2014

    *Source: TextilWirtschaft, based on TW-Testclub Panel; **Source: Bain & Comp. Altagamma 2015 Worldwide Markets Monitor; ***Source: Bain & Comp., 2015 China Luxury Market Study

    German apparel

    market, y-o-yRetail sales development

    (in %)*

    Americas luxury goods

    market, y-o-yPersonal luxury goods market

    (in %)**0

    4

    7

    5

    2015201420132012

    4

  • HUGO BOSS © May 19, 2016Annual Shareholders Meeting 2016

    Europe again best performing region

    HUGO BOSS Europe sales 2015(in EUR million // FX-adj. change)

    2015

    1,683

    2014

    1,567

    2013

    1,457

    2012

    1,378

    2011

    1,245

    2010

    1,073

    HUGO BOSS Europe sales 2010-2015(in EUR million)

    +6%

    FY

    2015

    1.683

    FY

    2014

    1.567

    5

    BOSS Store Zurich // Bahnhofstrasse

    +10%

    Q4

    2015

    430

    Q4

    2014

    382

  • HUGO BOSS © May 19, 2016Annual Shareholders Meeting 2016

    Impressive fashion shows for BOSS Womenswear

    6

  • HUGO BOSS ©

    Moderate sales and earnings growth in 2015

    EBITDA (before special items)

    594 EUR million

    Net income attributable to

    equity holders of the parent company

    319 EUR million

    (4)%

    Annual Shareholders Meeting 2016 May 19, 2016 7

    (1)% (3)%+6%

    AmericasEurope* Asia/Pacific

    1%

    *Incl. Middle East and Africa

    FX-adjusted sales development2015 (in %)

  • HUGO BOSS © May 19, 2016Annual Shareholders Meeting 2016

    Dividend proposal underlines confidence in long-term growth

    0

    10

    20

    30

    40

    50

    60

    70

    80

    90

    100

    1.00

    0.50

    1.50

    0.00

    3.00

    4.00

    3.50

    2.50

    2.00

    75%

    3.34

    70%

    2012

    3.12

    in %***

    20132007

    1.45*

    66%

    2006

    1.19

    65%

    2005

    1.00

    64%

    2015

    3.62**

    78%

    2014

    3.62

    70%

    2011

    2.88

    70%

    2010

    2.02

    75%

    2009

    0.96

    64%

    2008

    1.37

    85%

    in EUR

    Dividend policy reconfirmed: paying out between 60% and 80% of consolidated net income

    *Excluding special dividend of 5.00 per share **Proposal for fiscal year 2015 ***As a percentage of net income attributable to shareholders

    8

  • HUGO BOSS © May 19, 2016 9Annual Shareholders Meeting 2016

    Market environment in the Americas and Asia/Pacific weighs on quarterly results

    Q1 EBITDA before special items(in EUR million)

    93

    132

    (29)%

    Q1 2016Q1 2015

    Q1 Sales (in EUR million)

    643668

    Q1 2016

    (4)%

    Q1 2015

    ((3)% FX-adjusted)

    Sales decline across all regions

    Own retail comp store sales decrease 6%

    EBITDA down due to higher discounts and inventory

    write-offs

  • HUGO BOSS © May 19, 2016 10Annual Shareholders Meeting 2016

    Group addresses challenges in the US and China

    Improvement of wholesale distribution

    Reduction of brand presence in off-price channels

    US

    China

    Ongoing upgrade of retail network in China

    Price reduction of 20% leads to double-digit volume

    increase

  • HUGO BOSS ©Annual Shareholders Meeting 2016

    Comprehensive measures initiated to improve cost efficiency

    EUR 50 million of cost savings compared to original

    budget identified

    Significant reduction of capital expenditures

    Focus on productivity increases in existing stores,

    closing of underperforming stores planned

    BOSS Store Düsseldorf // Reopening after renovation

    in June 2015

    May 19, 2016 11

  • HUGO BOSS ©

    Outlook 2016

    Sales (currency adjusted) Low single-digit percentage increase

    Gross profit margin Stable performance

    EBITDA before special items Low double-digit percentage decrease

    Capex EUR 160 million to EUR 180 million

    Free cash flow Increase

    Outlook for 2016 confirmed

    May 19, 2016 12Annual Shareholders Meeting 2016

  • HUGO BOSS ©Annual Shareholders Meeting 2016

    Market environment changes rapidly

    Industry suffers

    from cautious

    consumer buying

    Digital shapes

    shopping habits

    Consumers think

    globally

    Various channels

    influence brand

    experience

    Sustainability

    shapes

    perception

    May 19, 2016 13

  • HUGO BOSS ©Annual Shareholders Meeting 2016

    future course

    F A S T

    D I G I T A L

    S U S T A I N A B L EC U S T O M E R

    C E N T R I C

    G L O B A L

    May 19, 2016 14

  • HUGO BOSS ©Annual Shareholders Meeting 2016

    C U S T O M E R C E N T R I C

    May 19, 2016 15