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Q2/H1 2026 Results July 28, 2026
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Financial Highlights Q2/H1 2026 Results 2 • Group’s revenue grew 9.7% in H1 at constant exchange rates, with Q2 at +8.7% • Retail comparable-store sales +8.0% in Q2, with optical and sun banners equally contributing • North America, EMEA and Latin America up high-single digit in Q2, Asia-Pacific up double digits • Core eyecare/eyewear business steadily growing mid-single digit in Q2 and H1 • Myopia portfolio confirmed as a growth engine, growing 24% in revenue in Q2 • AI glasses almost doubling in revenue in Q2 • Adjusted operating margin expanding up to 18.6%, gaining 80bps to 18.9% at constant exchange rates • Free cash flow at Euro 1.07 billion in H1, more than Euro 100 million above 2025 • Started strategic partnership with Applied Materials, focusing on new generations of intelligent optical systems The presentation should be read together with the press release dated July 28, 2026 available at www.essilorluxottica.com under the Investors tab. All the brands mentioned in this presentation are intended to be trademark protected.
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Q2/H1 2026 Results 3
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Revenue Growth Q2/H1 2026 Results 4 +8.7% Constant exchange rates Current exchange rates Group Revenue Q2 2026 vs 2025 +7.2% H1 2026 vs 2025 +9.7%Group Revenue +5.7%
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Financial Highlights Q2/H1 2026 Results 5 ADJUSTED OPERATING PROFIT AS A % OF REVENUE H1 2026 Current exchange rates Constant exchange rates 18.6% 13.3%ADJUSTED NET PROFIT AS A % OF REVENUE 13.0% 18.9%
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Q2/H1 2026 Results 6
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Q2 revenue by segment, 2026 vs 2025 Q2/H1 2026 Results 7 € million Q2 2026 Q2 2025 Change at constant exchange rates Change at current exchange rates Professional Solutions 3,454 3,329 +4.9% +3.8% Direct To Consumer 4,237 3,846 +11.9% +10.2% EssilorLuxottica 7,692 7,175 +8.7% +7.2%
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Q2 revenue by region, 2026 vs 2025 Q2/H1 2026 Results 8 € million Q2 2026 Q2 2025 Change at constant exchange rates Change at current exchange rates North America 3,249 3,104 +7.2% +4.7% EMEA 3,047 2,856 +8.0% +6.7% Asia-Pacific 979 849 +17.0% +15.2% Latin America 417 366 +6.7% +14.1% EssilorLuxottica 7,692 7,175 +8.7% +7.2%
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H1 revenue by segment, 2026 vs 2025 Q2/H1 2026 Results 9 € million H1 2026 H1 2025 Change at constant exchange rates Change at current exchange rates Professional Solutions 6,817 6,565 +7.8% +3.8% Direct To Consumer 8,001 7,459 +11.4% +7.3% EssilorLuxottica 14,818 14,024 +9.7% +5.7%
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H1 revenue by region, 2026 vs 2025 Q2/H1 2026 Results 10 € million H1 2026 H1 2025 Change at constant exchange rates Change at current exchange rates North America 6,374 6,184 +9.9% +3.1% EMEA 5,785 5,404 +8.7% +7.1% Asia-Pacific 1,853 1,702 +13.4% +8.9% Latin America 806 735 +6.7% +9.7% EssilorLuxottica 14,818 14,024 +9.7% +5.7%
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Q2/H1 2026 Results 11
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Adjusted Statement of Profit or Loss Q2/H1 2026 Results 12 € million H1 2026 H1 2025 Constant exchange rates Current exchange rates Revenue 14,818 14,024 +9.7% +5.7% Cost of sales (5,407) (5,128) +9.6% +5.4% Gross profit 9,411 8,896 +9.7% +5.8% Margin % 63.4% 63.5% 63.5% Total operating expenses (6,660) (6,364) +7.6% +4.6% OPERATING PROFIT 2,751 2,532 +15.0% +8.7% Margin % 18.1% 18.9% 18.6% Financial income / (expenses) (111) (86) PROFIT BEFORE TAXES 2,641 2,445 +14.5% +8.0% Income taxes (634) (570) NET PROFIT BEFORE MINORITIES 2,007 1,875 +13.4% +7.0% Minority interests (86) (76) NET PROFIT 1,921 1,799 +13.3% +6.8% Margin % 12.8% 13.3% 13.0%
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Free Cash Flow & Net Debt Q2/H1 2026 Results 13 • Free cash flow at Euro 1.07 billion • Net Debt at Euro 13.39 billion on 30 Jun 2026 (including lease liabilities of Euro 3.91 billion) • Net Debt / EBITDA LTM at 2.0x • Cash & Cash Equivalents at Euro 1.93 billion
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Q2/H1 2026 Results 14
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Store Count Q2/H1 2026 Results 15 As of June 30, 2026 As of December 31, 2025 North America 3,920 3,814 EMEA 5,986 6,046 Asia-Pacific 3,613 1,682 Latin America 2,151 2,142 Total Corporate Stores 15,670 13,684 Franchising & Licensing 4,016 4,066 Total Store Count 19,686 17,750
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Inspired by its mission to Empower Humans, EssilorLuxottica is committed to expanding access to vision care for people and communities who need it most. At the OneSight EssilorLuxottica Foundation, we are creating a positive impact for people everywhere. We IMPROVE uncorrected poor vision We EXPAND access We CREATE possibility We CARE, close to all no matter how far We are Empowering Humans OneSight is the most inclusive expression of EssilorLuxottica’s mission: Empowering Humans
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ASHA1 WORKERS PROGRAM The program provides capacity building to conduct door-to-door visual acuity screenings within their communities The training is aimed to identify individuals requiring higher levels of care and facilitate timely referrals to the nearest vision centers or healthcare facilities Additionally, OneSight will provide sun protection glasses to ASHA workers across Karnataka state 1 (Accredited Social Health Activist) Providing wellbeing to those who care for others Partnering with the Government of Karnataka to refresh training to 40.000 Accredited Social Health Activists to conduct community vision screenings, manage patient referrals, and providing them with protective sunglasses