Page 1

Quarterly Statement for Q3 2021 Metzingen , November 4 , 2021 HUGO BOSS RECORDS STRONG Q3 2021 RESULTS BASED ON SIGNIFICANTLY IMPROVED MOMENTUM EXECUTION OF ' CLAIM 5 ' GROWTH STRATEGY IN FULL SWING HUGO BOSS Operational highlights Q3 2021 • Currency - adjusted Group sales grow 40 % to EUR 755 million ; 7 % above 2019 levels Momentum in Europe and the Americas accelerates - sales up 9 % and 14 % vs. Q3 2019 Strong growth in own online business continues ; sales up 127 % vs. Q3 2019 EBIT amounts to EUR 85 million in Q3 ; 3 % above 2019 levels ● FY 2021 outlook : Currency - adjusted Group sales expected to increase by around 40 % against the prior year ; EBIT expected between EUR 175 million and EUR 200 million Strategic progress along CLAIM 5 Digital - driven launch of second BOSS x Russell Athletic collection with one of the largest social media coverages in fashion week history - almost 4 billion impressions in 4 days HUGO BOSS Digital Campus fully operational ; relaunch of hugoboss.com in early 2022 Organizational structure further strengthened via important personnel changes " We look back on a very strong quarter with both sales and earnings exceeding pre - pandemic levels , " says Daniel Grieder , Chief Executive Officer of HUGO BOSS . " We also made first great strides in successfully executing our CLAIM 5 strategy , particularly when it comes to boosting our brands among younger consumers . The spectacular launch of our second BOSS x Russell Athletic collection is a blueprint of how we will fully unlock our brands ' great potential together as a team in the future . " In the third quarter of 2021 , as pre - announced in October already , HUGO BOSS recorded a strong acceleration in its business recovery , with both sales and earnings exceeding pre pandemic levels for the first time . Group sales amounted to EUR 755 million , representing a currency - adjusted increase of 40 % against the prior - year period ( Q3 2020 : EUR 533 million ) . In Group currency , this corresponds to an increase of 42 % . Consequently , on a two - year - stack basis , currency - adjusted sales were up 7 % as compared to the third quarter of 2019 ( Q3 2019 : EUR 720 million ) . A global store opening rate of around 95 % as well as a meaningful uplift in consumer sentiment - particularly across Europe and the Americas - contributed to strong HUGO BOSS AG Dieselstrasse 12 , 72555 Metzingen , Germany Phone +49 7123 94-0