P A G E N U M B E R

This presentation has been prepared by YOOX NET-A-PORTER GROUP S.p.A. for information purposes only and for use in presentations of the Group’s results and strategies.

For further details on YOOX NET-A-PORTER GROUP S.p.A., reference should be made to publicly available information.

Statements contained in this presentation, particularly regarding any possible or assumed future performance of the Group, are or may be forward-looking statements based on YOOX

NET-A-PORTER GROUP S.p.A.’s current expectations and projections about future events, and in this respect may involve some risks and uncertainties.

Actual future results for any quarter or annual period may therefore differ materially from those expressed in or implied by these statements due to a number of different factors, many of

which are beyond the ability of YOOX NET-A-PORTER GROUP S.p.A. to control or estimate precisely, including, but not limited to, the Group’s ability to manage the effects of uncertain

current global economic conditions on the business and to predict future economic conditions, the Group’s ability to achieve and manage growth, the degree to which YOOX NET-A-

PORTER GROUP S.p.A. enters into, maintains and develops commercial and partnership agreements, the Group’s ability to successfully identify, develop and retain key employees, manage

and maintain key customer relationships and maintain key supply sources, unfavourable development affecting consumer spending, the rate of growth of the Internet and online commerce,

competition, fluctuations in exchange rates, any failure of information technology, inventory and other asset risk, credit risk on the Group’s accounts, regulatory developments and changes

in tax laws.

YOOX NET-A-PORTER GROUP S.p.A. does not undertake any obligation to publicly release any revisions to any forward-looking statements to reflect events or circumstances after the date

of this presentation.

Any reference to past performance of YOOX NET-A-PORTER GROUP S.p.A. shall not be taken as an indication of future performance.

This document does not constitute an offer or invitation to purchase or subscribe to any shares and no part of it shall form the basis of or be relied upon in connection with any contract or

commitment whatsoever.

By attending the presentation you agree to be bound by the foregoing terms.

P A G E N U M B E R

RESULTS HIGHLIGHTS AND LATEST BUSINESS DEVELOPMENTS

NET REVENUE REVIEW

Q&A

P A G E N U M B E R

1. Organic net revenue growth is calculated at constant exchange rates and at a comparable perimeter by including net revenues of all online stores active at the end of each period, which were also active at the beginning of the same period of the previous year2. Reported growth calculated at current exchange rates and at actual business perimeterNote: Figures as absolute values and in percentages are calculated using precise financial data. Some of the differences found in this presentation are due to rounding of the values expressed in millions of Euro

3Q 2017 net revenues at €482 million, +18% organic1

Balanced performance across business lines with

acceleration of UK and Rest of Europe

3Q performance led to 9M 2017 net revenues of €1.5

billion, +19% organic1

P A G E N U M B E R

Further enrichment of unique offer through new exclusive capsule collections

– Burberry and Giorgio Armani x NET-A-PORTER

New prestigious brand additions to the Fine Jewellery and Watches category

– Chopard on NET-A-PORTER, selected as the Brand’s first global luxury online retailer

– Baume & Mercier, Piaget and Officine Panerai on MR PORTER

Debut of Mr P., MR PORTER own label

Ongoing focus on mobile developments

– Image and video push notifications live on NET-A-PORTER and MR PORTER apps

Start of trading of the JV with Alabbar in the Middle East: launch of YOOX with on-the-

ground operations ahead of schedule

Completion of convergence of the Off-Season business line to the new shared Omni-

Stock platform

Great results from first ten days of the new YOOX omni-channel marketing campaign

Very positive sales results from testing phase of private label on YOOX and significant

enhancement of Iris & Ink product assortment

First step completed to enable “single view of inventory” for Valentino in the US, as part of

“NEXT ERA” full roll-out

Implementation of existing omni-channel functionalities to more of Group’s online stores

ONLINE FLAGSHIP STORES

MULTI-BRAND OFF-SEASON

MULTI-BRAND IN-SEASON

P A G E N U M B E R

Debuted exclusively on MR PORTER on 7 November

Physical embodiment of the MR PORTER Brand, builtupon passion for quality, uniqueness, style and versatility

7 years of customers insights helping identify a uniqueopportunity within the MR PORTER designer brandassortment for

– all year-round wardrobe essentials coupled withmore regular trend- and seasonal-driven capsulesthroughout the year covering RTW from launch,expanding into Shoes and Accessories fromFW18

In-house designed

Primarily made in Italy through third party manufacturers

Omni-channel marketing campaign spanning social, printand online media, out-of-home adv, on site content hub

Expected benefits

Foster brand awareness

Drive customer loyalty and frequency

Enhance margin and cash-flow profile through shortershelf life

P A G E N U M B E R

RESULTS HIGHLIGHTS AND LATEST BUSINESS DEVELOPMENTS

NET REVENUE REVIEW

Q&A

P A G E N U M B E R

Reported Growth

4.5%

2.5%

Reported Constant Organic

1. Organic net revenue growth is calculated at constant exchange rates and at a comparable perimeter by including net revenues of all online stores active at the end of each period, which were also active at the beginning of the same period of the previous year.

+10.7%

+15.2%

+17.7%

Constant FX Growth Organic Growth1

FX Impact

Perimeter Effect

P A G E N U M B E R

€42.4m €42.3m

€178.0m €203.6m

€215.1m €235.9m

Net Revenue Performance and Breakdown

Constant FX3Q 2017GroupGrowth

49.4%9.7%

49.0%

42.3%

1. Organic net revenue growth is calculated at constant exchange rates and at a comparable perimeter by including net revenues of all online stores active at the end of each period, which were also active at the beginning of the same period of the previous year.2. Gross Merchandise Value is defined as retail value of sales of all the Online Flagship Stores, including the JV online store sales, to final customers, net of returns and customer discounts. Set-up, design and maintenance fees for the Online Flagship Stores, accounted for within “Rest of the World

and Not Country Related”, are excluded.3. Gross merchandise value organic growth is calculated at constant exchange rates and at a comparable perimeter by including gross merchandise value of all Online Flagship Stores active at the end of each period, which were also active at the beginning of the same period of the previous year.

40.9%

8.7%

+4.8%

+15.5%

+17.4%

€481.8m

+14.4%

+10.7%

-0.1%

+9.7%

3Q 2016

3Q 2017 vs 3Q 2016

+15.2%

Constant FX

+8.9%

Organic1

+16.8%

+17.7%

Organic3

+24.8%

Current FX

€435.4m

Online Flagship Stores Gross Merchandise Value2 Growth

Multi-brand Off-SeasonMulti-brand In-Season Online Flagship Stores

-0.1%

4.2% 4.1%

Online Flagship StoresNet Revenue Growth

Impact of different bookingfor the JV online store sales

and Not Country Related

Online Flagship StoresGross Merchandise Growth

P A G E N U M B E R

(€m )

Italy 87.4 98.5 12.7% 12.9% 29.9 34.1 14.1% 14.2%

UK 191.7 202.3 5.5% 15.1% 56.5 63.8 13.0% 20.1%

Rest of Europe 353.7 401.6 13.5% 12.3% 115.3 134.7 16.8% 17.5%

North America 401.0 461.1 15.0% 15.0% 132.9 138.6 4.3% 10.3%

APAC 214.2 260.7 21.7% 25.5% 76.8 82.2 7.1% 14.0%

Rest of the World + NCR 84.5 91.8 8.7% 16.5% 24.1 28.5 18.1% 24.9%

Group Net Revenues 1,332.5 1,516.0 13.8% 15.9% 435.4 481.8 10.7% 15.2%

1. Not Country Related

30.5%

13.0%17.6%

5.5%

26.5%

6.9%

9M 2016 9M 2017

28.8%

13.2%17.1%

5.9% 7.1%

27.9%

3Q 2016 3Q 2017

Net Revenue Performance

Net Revenue Breakdown

Italy UK Rest of Europe APACNorth America Rest of the World and NCR1

9M 2016 9M 2017 % Growth% Growth

Constant FX 3Q 2016 3Q 2017 % Growth% Growth

Constant FX

1

16.1%

6.3%

14.4%

30.1%

6.6%

26.5%

17.2%

6.1%

13.3%

30.4%

6.5%

26.5%

P A G E N U M B E R

10.4 11.7

9.711.4

8.59.4

9M 20179M 2016 Sept 2016 Sept 2017

9M 2016

331330

324

302

3Q 20173Q 2016

-0.4% -6.9% +12.2%2,785

3,124

3Q 20173Q 20169M 2017

5,9396,789

1,9942,337

+14.3% +17.2%

# Orders (‘000) - Group

Average Order Value (€) - Group Active Customers3 (‘000) - Group4

Constant FXConstant FX

+1.4% -3.2%

111.7 125.5

229.7277.1

168.6

183.8510.1

586.5

9M 20179M 2016

36.9 40.8

76.993.5

53.658.1

167.4

192.4

+15.0%

+12.3%

+14.9%

3Q 2016 3Q 2017

Visits (m)2

+20.7%

+8.4%

+10.6%

+21.6%

Organic Organic

+12.2%

+15.7%+9.0%

GroupGrowth

Multi-brand Off-SeasonMulti-brand In-Season Online Flagship Stores

1. Key performance indicators do not include the Joint Venture with Kering2. Source: Adobe Analytics for NET-A-PORTER, MR PORTER and THE OUTNET; Google Analytics Premium for YOOX, THECORNER, SHOESCRIBE and the Online Flagship Stores "Powered by YOOX NET-A-PORTER GROUP“3. Active Customer is defined as a customer who placed at least one order in the 12 preceding months. The figure reported is calculated as the sum of the Active Customers of each online store for the reporting period4. Includes Active Customers of the Online Flagship Stores “Powered by YOOX NET-A-PORTER GROUP”

+20.8%+17.6%

+33.6%+13.1%

P A G E N U M B E R

Organic Net Revenue Growth:5Y Plan range of 17-20% confirmed (lower end)

One-off net revenue impact related to THE OUTNET migration in Q4 2017 estimated at c.€20m

– Switch-off of two warehouses in parallel with front and back-end re-platforming

– Low product availability on site due to slower than expected stock transfer across warehouses. Normalizedassortment expected by the end of November

Adjusted EBITDA margin:2017 broadly in line with FY 2016

In-Season migration expected to be smoother:

– Preserved product availability on site during transition due to greater depth of assortment and nowarehouse switch-off

– Significant know-how and experience gained

P A G E N U M B E R

RESULTS HIGHLIGHTS AND LATEST BUSINESS DEVELOPMENTS

NET REVENUE REVIEW

Q&A

P A G E N U M B E R

NINE MONTHS TO 30 SEPTEMBER 2017 RESULTS

– NET REVENUE REVIEW BY BUSINESS LINE

ONLINE FLAGSHIP STORES POWERED BY YOOX NET-A-PORTER GROUP

SHAREHOLDER STRUCTURE

EXCHANGE RATES

P A G E N U M B E R

Reported Growth

2.1%

2.7%

Reported Constant Organic

FX Impact

1. Organic net revenue growth is calculated at constant exchange rates and at a comparable perimeter by including net revenues of all online stores active at the end of each period, which were also active at the beginning of the same period of the previous year.

+13.8%

+15.9%

+18.6%

Constant FX Growth Organic Growth1

Perimeter Effect

P A G E N U M B E R

Multi-brand Off-SeasonMulti-brand In-Season Online Flagship Stores

€131.1m €141.8m

€496.2m€585.3m

€705.2m

€788.9m

Net Revenue Performance and Breakdown

€1,516.0m

€1,332.5m

9M 2017

52.9%

37.2%

52.0%9.4%

Online Flagship Stores Gross Merchandise Value2 Growth

9.9%

38.6%

+9.9%

+15.4%

+18.3%

+8.2%

+11.9%

+13.8%

+17.9%

9M 2016

9M 2017 vs 9M 2016

+15.9%

+14.0%

Current FX

+18.8%

+18.6%

+21.5%

GroupGrowth

Constant FX Organic1

Constant FX Organic3

8.2%4.2% 12.4%

Online Flagship StoresNet Revenue Growth

Impact of different bookingfor the JV online store sales

and Not Country Related

Online Flagship StoresGross Merchandise Growth

1. Organic net revenue growth is calculated at constant exchange rates and at a comparable perimeter by including net revenues of all online stores active at the end of each period, which were also active at the beginning of the same period of the previous year.2. Gross Merchandise Value is defined as retail value of sales of all the Online Flagship Stores, including the JV online store sales, to final customers, net of returns and customer discounts. Set-up, design and maintenance fees for the Online Flagship Stores, accounted for within “Rest of the World

and Not Country Related”, are excluded.3. Gross merchandise value organic growth is calculated at constant exchange rates and at a comparable perimeter by including gross merchandise value of all Online Flagship Stores active at the end of each period, which were also active at the beginning of the same period of the previous year.

P A G E N U M B E R

Online Flagship Stores “Powered by YOOX NET-A-PORTER GROUP”

JVCo with Kering

alexanderwang.com

pomellato.com

moncler.com

dodo.it

dsquared2.com

moschino.com

emiliopucci.com

stoneisland.com

marni.com

jilsander.com

valentino.com

emporioarmani.comalbertaferretti.com

justcavalli.com

y-3store.com

kartell.com

ysl.com

mcq.com

bottegaveneta.com

alexandermcqueen.com

stellamccartney.com

balenciaga.com

missoni.com

redvalentino.com

lanvin.com

brioni.com

chloe.com

dunhill.com

karl.com

maisonmargiela.com

napapijri.com

isabelmarant.com

armani.com

OPENING SOON

ferrari.com

P A G E N U M B E R

Feder ico Marchet t i 7 ,581,814 5.4% 5,164,667 3.9% 7,581,814 7.5% 5,164,667 5.7%

YNAP Managem ent team and other stock option holders 5,243,668 3.7% 5,243,668 5.2%

Sub-total 12,825,482 9.1% 5,164,667 3.9% 12,825,482 12.7% 5,164,667 5.7%

Richem ont 65,599,597 46.3% 65,599,597 49.0% 25,340,057 25.0% 22,786,452 25.0%

Renzo Rosso 5,186,321 3.7% 5,186,321 3.9% 5,186,321 5.1% 5,186,321 5.7%

Alabbar Enterprises 3,571,428 2.5% 3,571,428 2.7% 3,571,428 3.5% 3,571,428 3.9%

Capital Research and Managem ent Com pany 5,200,690 3.7% 5,200,690 3.9% 5,200,690 5.1% 5,200,690 5.7%

Schroders 4,563,502 3.2% 4,563,502 3.4% 4,563,502 4.5% 4,563,502 5.0%

T. Rowe Price Associates 2,759,378 1.9% 2,759,378 2.1% 2,759,378 2.7% 2,759,378 3.0%

Fidelity International 2,710,023 1.9% 2,710,023 2.0% 2,710,023 2.7% 2,710,023 3.0%

Market 39,203,348 27.7% 39,203,348 29.3% 39,203,348 38.7% 39,203,348 43.0%

Tota l Outs tanding Shares 141,619,769 100.0% 133,958,954 100.0% 101,360,229 100.0% 91,145,809 100.0%

Treasury Shares 17,339 0.0% 17,339 0.0% 17,339 0.0% 17,339 0.0%

Tota l Issued Shares 141,637,108 100.0% 133,976,293 100.0% 101,377,568 100.0% 91,163,148 100.0%

Shareholders

Total Ordinary Capital (Voting)

Total Share Capital (Ordinary + Non-voting)

1 1

Updated as of 8 November 20171. Computed assuming that all of the 6,864,756 stock options granted under YOOX NET-A-PORTER GROUP S.p.A.’s stock option plans are exercised2. Excludes Federico Marchetti3. The number of ordinary shares is calculated assuming that Richemont converts 2,553,605 non-voting shares to ordinary shares (ratio of 1:1) in order to re-establish the maximum of 25% of shares with voting rights as stipulated by the New Bylaws

3

2

Diluted Current Diluted Current

P A G E N U M B E R

EUR USD 1.107 1.116 1.114 1.117 1.175 1.054 1.069 1.141 1.181

% yoy appreciation / (depreciation) vs. EUR 0.2% (0.2%) 0.2% (0.4%) (4.9%) 3.3% 6.5% (2.7%) (5.5%)

EUR GBP 0.819 0.803 0.873 0.850 0.898 0.856 0.856 0.879 0.882

% yoy appreciation / (depreciation) vs. EUR (11.4%) (9.4%) (8.0%) (15.6%) (5.4%) (14.3%) (7.5%) (6.0%) (2.4%)

EUR JPY 120.197 120.952 124.681 114.292 130.349 123.400 119.550 127.750 132.820

% yoy appreciation / (depreciation) vs. EUR 11.7% 11.4% (3.0%) 18.9% (12.3%) 6.2% 7.0% (10.7%) (14.9%)

EUR CNY 7.352 7.347 7.577 7.443 7.834 7.320 7.364 7.739 7.853

% yoy appreciation / (depreciation) vs. EUR (5.2%) (5.2%) (3.0%) (5.8%) (5.0%) (3.5%) (0.2%) (4.7%) (5.2%)

EUR RUB 74.145 76.183 64.999 72.115 69.285 64.300 60.313 67.545 68.252

% yoy appreciation / (depreciation) vs. EUR (8.2%) (12.6%) 17.2% (2.5%) 4.1% 25.5% 26.5% 5.9% 3.3%

EUR HKD 8.592 8.666 8.677 8.661 9.180 8.175 8.307 8.907 9.221

% yoy appreciation / (depreciation) vs. EUR 0.1% (0.3%) (0.1%) (0.5%) (5.6%) 3.2% 6.3% (3.3%) (6.1%)

EUR KRW 1,284.181 1,295.676 1,268.107 1,250.957 1,330.193 1,269.360 1,194.540 1,304.560 1,351.830

% yoy appreciation / (depreciation) vs. EUR (2.2%) (3.3%) 2.2% 4.0% (6.0%) 0.9% 8.4% (2.0%) (9.0%)

EUR AUD 1.488 1.505 1.454 1.472 1.488 1.460 1.398 1.485 1.508

% yoy appreciation / (depreciation) vs. EUR (0.7%) (2.8%) 3.5% 4.2% (1.1%) 2.1% 5.9% 0.5% (2.8%)

EUR CAD 1.466 1.475 1.455 1.456 1.473 1.419 1.427 1.479 1.469

% yoy appreciation / (depreciation) vs. EUR (3.2%) (4.8%) 1.4% (0.1%) (1.2%) 6.5% 3.3% (2.7%) 0.0%

Period Average End of Period

9M 2016 9M 2017 3Q 2016 Dec 20163Q 2017 Mar 20172016 Jun 2017 Sept 2017

T H I S D O C U ME N T I S P R O P R I E T A R Y A N D C O N F I D E N T I A L . N O P A R T O F T H I S D O C U ME N T MA Y B E D I S C L O S E D I N

A N Y MA N N E R T O A T H I R D P A R T Y W IT H O U T T H E P R I O R W R I TT E N C O N S E N T O F Y O O X N E T - A - P O R T E R G R O U P

investor.relations@ynap.com

@ynap

www.ynap.com

Follow us:

YOOX NET-A-PORTER GROUP