Q2/H1 2024 Results

Sound revenue growth, margins expanding,

two acquisitions in line with strategy

• Revenue growing by 5.2% in Q2 at constant exchange rates¹, +5.3% in H1
• EMEA as the driving region, North America keeping the pace of Q1
• Stellest in China and Ray-Ban Meta wearables continuing to grow exponentially
• Adjusted² operating profit margin at 18.8%, up 50bps at constant exchange rates¹
• Strong free cash flow⁵ generation, at Euro 971 million in H1
• Acquisition of leading diagnostic med-tech platform Heidelberg Engineering and iconic Supreme brand (announced on July 17)