Kering : ESG Investor Presentation - JP Morgan Global ESG Conference - March 24, 2021

KERING MANAGES THE DEVELOPMENT OF A SERIES OF RENOWNED HOUSES IN

FASHION, LEATHER GOODS, JEWELRY AND WATCHES

2020 key figures

CRAFTINGTOMORROW'SLUXURY: OUR ROADMAP FOR 2025

2025 ROADMAP

WE CARE

about our impact on theplanet, on climate change,

on natural resources by:

• •Reducing our environmental footprint through -40% EP&L, -50% CO2(Science-Based Target)

• •Preserving our raw materials through 100% traceability andcompliance with our Kering Standards, with highest standards inanimal welfare

• •Becoming a nature positive company by 2025 by regenerating and protecting an area about six times our total land footprint across our full supply chain

WE COLLABORATE

for the good of ouremployees, suppliers, clientsto:

• • Preserve our industry's heritage

• •Instill diversity, achieve gender parity at all levels and pay equity

• •Provide exceptional employment by being the preferred employer in Luxury and developing progressive policies

WE CREATE

innovationsto ensure our planet, our industry and our brands thrive for the long run by:

• •Launching disruptive innovations and exploring new solutions towards circular economy

• •Empowering future generations

PROGRESSING ON OUR SUSTAINABILITY COMMITMENTS

CAREWE…COLLABORATECREATE

• •29%reduction in ourenvironmental footprint (EP&L intensity 2015-19)

• •91%traceabilityfor our key raw materials

• •Biodiversity commitmentsto protect2 millionhectares (6x our total land footprint)

• •Fashion Pactcommitments: 3 pillars,7 keyobjectives

• •55%women managerswithin the Group

• •D&Icommitteesin each house/entity with Management Committee sponsors

• •Fully mobilized againstCovid-19 pandemic: financial donations, ensuring safety and well-being of our employees worldwide, supporting our suppliers

• •Anti-domestic violence policyto protect women and families

• •New collectionsfromrecycled or sustainably sourced materials:Gucci Off the Grid, Balenciaga Archetypes

• •Adherence to the"Vision of a circular economy for fashion"of the Ellen MacArthur Foundation

• •New business models

• •CONTINUED TRANSPARENCYWITH STAKEHOLDERS2021•EXTENSION OF OUR ENVIRONMENTAL FOOTPRINT TO THECONSUMER USE AND END-OF-LIFE PHASES OF OUR PRODUCTS

• •ALIGNMENT OF OUR CLIMATE STRATEGY WITH THE1.5°C SCENARIO

FIGHTING CLIMATE CHANGE

LEADING CARBON COMMITMENTS

Alignment of our Climate strategy with the 1.5°C scenario

Science Based Targets revised and approved by the

SBTi early 2021

• •-90% reduction in absolute GHG emissions fromKering operations → Scopes 1 and 2 (2015-2030)

• •-70% reduction in intensity of all GHG emissions related to our own operations and supply chain (2015-2030)

Consistent with our 'Environmental Profit &

Loss account' approach

OUR 'ENVIRONMENTALPROFIT& LOSS ACCOUNT' JOURNEY

Kering commit to roll out theEP&L acrossits Brands by 2016

First Kering

EP&Lcovering allthe GroupFirst EP&L disclosingprogress against2025 targetCustomer Use and end of lifeanalysis

SCOPE COVERED BY OUR EP&L APPROACH

x Valuation = €

WHAT IS AN EP&L?

X

=

THE EP&L, CORNERSTONE OF OUR ENVIRONMENTAL APPROACH

PROGRESS TOWARDS 2025 GOALS

We are on track on our 2025 reduction pathwayto attain our 40% EP&L target in our own operationsand across the supply chain, achieving a29%

92%of our impacts lie within our supply chain

65%in raw material production step

reduction in our EP&L intensity between 2015 and 2019.

DIGITAL EP&L: OPEN SOURCING OUR RESULTS

https://kering-group.opendatasoft.com/pages/epl-map-2019/

10

Gucci • Saint Laurent • Bottega Veneta

Balenciaga • Alexander McQueen •Brioni•

Boucheron • Pomellato • Dodo •Qeelin•Ulysse Nardin• Girard-Perregaux

Kering Eyewear