Acceleration of ASOS

Brands Strategy

Acquisition of Topshop, Topman, Miss Selfridge, HIIT

1 February 2021

1

Compelling Strategic Opportunity

Acquisition of

… that resonate

We will use our

strong, iconic

with the core

market leading

brands

ASOS customer in

capabilities and

the UK and

platform to drive

internationally

growth globally …

  • alongside selecting best retail partners; accelerating US strategy with Nordstrom partnership

… delivering attractive financial returns

  • Double- digit return on capital (post tax) in first full year
  • Fully funded from cash reserves; cash position remains robust

2

The ASOS Strategy

To be the #1 destination for fashion loving 20-somethingsworldwide

1. Truly global retailer

2. The ASOS Brands

3. The ASOS Platform

4. The ASOS Experience

Design that can't

One platform with all

Inspiring, exciting,

be found anywhere

the relevant product,

friction-free and

else

all of the time

personalised

5. Effective, efficient and sustainable model

3

Accelerating our ASOS Brands Strategy

The ASOS

The ASOS

Experience

Platform

Transforming brands with

leading 20-something online

experience

Inspiring, exciting,

One platform with all

friction-free and

the relevant product,

personalised

all of the time

Bringing iconic 20-something

brands in-house

The

ASOS Brands

Design that can't be found

anywhere else

Leveraging our effective and efficient online model

Effective, efficient and sustainable model

4

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ASOS plc published this content on 01 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 February 2021 08:29:05 UTC.