Beneteau : 201027 BENETEAU Presentation interim financials at August 31, 2020

Group's position at October 27, 2020

Interim financials at August 31, 2020

Jérôme de Metz

Chairman and CEO

GROUP POSITION

AT OCTOBER 27, 2020

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GROUP POSITION AT OCTOBER 27, 2020

THE "LET'S GO BEYOND!" STRATEGIC PLAN

IS MOVING FORWARD IN LINE WITH ITS SCHEDULE

Presented on July 9, 2020, the "Let's Go Beyond!" plan is in its execution phase:

• Overhauling the House of Brands:
• • Realignment of the product offering around 8 strong brands
  • Rationalization which has already enabled the Group to reduce its investments by 30% in 2020 compared with 2019 (-€26m), while covering the same number of market segments
  • Strong creation activity maintained: 18 new models presented this summer, with others currently being prepared, aimed at very promising segments, such as small motor catamarans or electric lake and river boats
• Industrial strategy:
  Implementation of the Boat Division's industrial strategy focused in particular on:
• • Increasingly specialized production sites for each size and type of boat
  • Accelerating development cycles

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GROUP POSITION AT OCTOBER 27, 2020

IN AN ADVERSE ENVIRONMENT,

THE GROUP IS BENEFITING FROM ITS GLOBAL MULTI-SPECIALIST POSITIONING

• The exit from the lockdown enabled the Group to achieve better revenues than forecast for June- August 2020, for both the Boat business and Housing, thanks in particular to a sustained level of deliveries during the summer period and lower-than-expected order deferrals.
• Covering all recreational boat segments, the Group is benefiting from sales growth in the dayboating segment (motorboats up to 45 feet), partially offsetting the contraction in charter sales (mono and multihull sailing) and inboard motorboats.

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