Q4/FY 2023 Results

2023: another record year for EssilorLuxottica

• Group revenue at constant exchange rates¹ +7.1% in Q4 and FY, third consecutive year >7%
• Nice acceleration in North America in Q4, EMEA keeping the sound pace of Q3
• Innovation as a key driver, with Stellest, Varilux XR and Ray-Ban Meta
• Frame portfolio strengthened with new brands, licenses growing double digits
• Nuance Audio disruptive innovation successfully presented at the CES in Las Vegas
• Adjusted² operating margin at 16.9% at constant exchange rates¹
• Free cash flow⁵ at Euro 2.4 billion in FY, after strong investments in operations, digital and AI technologies
• Dividend proposed at Euro 3.95 per share, up 22% vs 2022
• Advancing on people engagement, setting the Group’s new values