KEY HIGHLIGHTS

   --  Strong performance increase of LuxExperience1 with Net Sales +7.6% 
      ex-FX (+6.1% reported at EUR653.6 million) in Q4 FY26 vs. Q4 FY25 and 
      significantly improved Adjusted EBITDA margin at 2.1% in Q4 FY26 
 
   --  All segments with accelerated performance as Net Sales ex-FX grew by 
      +10.2% for Mytheresa, +5.6% for NAP & MRP and +6.6% for YOOX in Q4 FY26 
      vs. Q4 FY 25 and all segments reported Adjusted EBITDA profitability 
      improvements in Q4 FY26 
 
   --  Strong Customer Economics: Strong growth of GMV per Top Customer at 
      Mytheresa (+4.8%) and NAP & MRP (+9.4%) in Q4 FY26 vs. Q4 FY25. In FY26, 
      Top Customers represented 4.8% and 4.3% of customers, driving 48.4% and 
      49.1% of GMV at Mytheresa and NAP&MRP, respectively 
 
   --  Transformation plan in full gear with Adjusted SG&A cost ratio 
      decreasing in the course of FY 26 by 430bps from 21.9% in Q1, 19.1% in Q2 
      and 18.3% Q3 to 17.6% in Q4 FY26. In FY26, Acquisition-adjusted SG&A 
      expenses2 decreased by EUR55 million, or -9.9% compared to FY25 
 
   --  Positive cash flow from operating activities in Q4 FY26 and strong net 
      cash position above expectations: Cash and cash investments of EUR442.7 
      million and balance sheet bank debt-free at the end of Q4 FY26 
 
   --  Guidance for accelerated growth in FY27: LuxExperience expects strong 
      top-line growth acceleration and significant profitability improvement 
      with Net Sales to grow by +MSD% to +HSD% and an Adjusted EBITDA margin at 
      around 2% to 3% in FY27 
 
   --  Authorization for share repurchase program: On September 3, 2026, 
      management received the authorization for a share repurchase program of 
      up to $50 million of ADRs 
MUNICH--(BUSINESS WIRE)--September 16, 2026-- 

LuxExperience B.V. $(LUXE)$ (the "Company"), today announced its financial results for its fourth quarter and full year 2026 ended June 30, 2026. The leading luxury multi-brand digital platform reported strong top-line development in Q4 FY26 and continued profitability on Adjusted EBITDA level for the third consecutive quarter.

In Q4 FY26, Mytheresa again outperformed the industry with double-digit Net Sales growth ex-FX and demonstrated increasing profitability. For the first time since the acquisition, NET-A-PORTER and MR PORTER combined delivered top-line growth in Q4 FY26 vs. Q4 FY25 and a positive Adj. EBITDA in Q4 FY26, driven by a strategic focus on full-price selling, customer engagement, and cost discipline. For Q4 FY26 vs. Q4 FY25, YOOX achieved positive top-line growth as a result of the strategic focus on the healthy core of the business with a leaner operating model.

Michael Kliger, Chief Executive Officer of LuxExperience, said, "We are very pleased with our Q4 FY26 and full FY26 results. The results of Q4 FY26 underline the tremendous progress we have achieved in our transformation plan in just the last 12 months. Mytheresa again set the gold standard in the fourth quarter in terms of high growth and profitability. NET-A-PORTER and MR PORTER combined achieved a clear turnaround, also delivering topline growth and profitability. YOOX is in high gear to achieve the same, delivering a topline growth while losses were cut almost in half compared to Q4 FY25. We have proven that at LuxExperience we possess the secret sauce in digital luxury. The strength of our businesses is based on resilient business models and superior customer economics."

Kliger continued, "With the tremendous progress made in the past twelve months and the strong business momentum in Q4 of FY26, we are clearly on track to our medium-term targets of Group Net Sales of EUR4 billion and an Adjusted EBITDA margin of 7% to 9%. For full FY27, we expect accelerated topline growth and further increased Group Adjusted EBITDA margin. As a Group, we are perfectly positioned to benefit from the sustained growth of digital luxury and the improvements in the global luxury sector."

 
__________________________________________ 
(1) Basis of Presentation: 
(a) References to "LuxExperience" refers to LuxExperience B.V., including its 
consolidated subsidiaries." (b) Unless otherwise indicated, the financial and 
operating measures presented in this release are presented on a Total Segments 
basis. Total Segments represent the aggregate of the corresponding amounts for 
each of LuxExperience's reportable segments -- Luxury Mytheresa, Luxury NAP & 
MRP, and Off-Price YOOX -- and exclude "Other". (c) The comparative FY25 
period is presented on an illustrated basis. For further information, please 
see "Illustrative key operating and financial metrics by segment" below. 
(2) Acquisition-adjusted SG&A expenses is Adjusted SG&A expenses further 
adjusted to include IT development expenses that were capitalized in the FY25 
comparative period to enable a like for like comparison, as we discontinued 
this practice in FY26. In FY25, EUR 27.6 million were included for 
LuxExperience (EUR 19.4 million can be attributed to NAP&MRP and EUR 8.2 
million to YOOX). 
 

FINANCIAL HIGHLIGHTS FY 2026

Amounts in EUR million are reported figures unless stated otherwise. Illustrative and quarterly figures are unaudited.

LUXEXPERIENCE

(illustrative)

   --  Q4 FY26 Net Sales increased +7.6% ex-FX (+6.1% reported at EUR653.6 
      million) and FY26 Net Sales were up +3.2% ex-FX (-0.6% reported at 
      EUR2,474.2 million) 
 
   --  Adjusted SG&A cost ratio improved 430bps from 21.9% in Q1, 19.1% in Q2, 
      and 18.3% in Q3 to 17.6% in Q4 FY26. For FY26, Acquisition-adjusted SG&A 
      expenses decreased by EUR55 million or -9.9% compared to FY25 
 
   --  Third consecutive quarter of positive Adjusted EBITDA profitability, 
      reaching EUR13.6 million and an Adjusted EBITDA margin of 2.1% in Q4 
      FY26. For FY26 vs. FY25, Acquisition-adjusted EBITDA3 significantly 
      increased by +EUR63.8 million to EUR10.8 million, with an 
      Acquisition-adjusted EBITDA margin increasing 260bps to 0.4% 
 
   --  Cash flow from operating activities in FY26 was at EUR-108.4 million, 
      significantly below the expected EUR-120 million 
 
   --  Strong cash position with cash and cash investments of EUR442.7 million 
      and balance sheet bank debt-free as of June 30, 2026 
 
__________________________________________ 
(3) Acquisition-adjusted EBITDA is Adjusted EBITDA reflecting the effects of 
Acquisition-adjusted SG&A rather than Adjusted SG&A. 
 

LUXURY | MYTHERESA

   --  In Q4 FY26 vs. Q4 FY25, Net Sales increased +10.2% ex-FX (+8.1% 
      reported at EUR269.2 million), driven by strong growth of +39.3% ex-FX in 
      the United States (+30.3% reported). Strong double-digit Net Sales growth 
      in FY26 of +11.5% ex-FX (+8.5% reported at EUR994.3 million) 
 
   --  Q4 FY26 vs. Q4 FY25 Gross Profit margin increased 150bps to 49.7% and 
      FY26 Gross Profit margin grew 150bps compared to FY25 to 48.5%, driven by 
      persistent focus on full-price sales 
 
   --  In Q4 FY26 vs. Q4 FY25, Adjusted EBITDA increased +10.9% or +EUR1.8 
      million to EUR17.9 million, with Adjusted EBITDA margin expanding 20bps 
      to 6.6%. For FY26, strong adjusted EBITDA growth of +39.8% or +EUR17.7 
      million to EUR62.3 million, reaching an adjusted EBITDA margin of 6.3% 
      compared to 4.9% in FY25 

LUXURY | NAP & MRP

(illustrative)

   --  In Q4 FY26 vs. Q4 FY25, Net Sales were up +5.6% ex-FX (+4.3% reported 
      at EUR273.9 million), driven by strong growth in the United States of 
      +15.1% ex-FX (+13.4% reported). For FY26, positive Net Sales growth of 
      +0.5% ex-FX (-4.6% reported at EUR994.8 million) compared to FY25 
 
   --  Sequential improvement of Gross Profit Margin by 160bps to 48.3% in H2 
      FY26 compared to H1 FY26. For FY26, Gross Profit Margin increased by 
      170bps compared to FY25 to 47.5%, underlining focus on full-price sales 
      and reduced discounting activities 
 
   --  In Q4 FY26, the Adjusted SG&A cost ratio improved 500bps compared to Q4 
      FY25 to 19.5% reflecting clear progress of the transformation plan. For 
      FY26 vs. FY25, Acquisition-adjusted SG&A costs decreased -11.0% or by 
      -EUR29.8 million on an absolute basis, and Acquisition-adjusted SG&A cost 
      ratio4 decreased 160bps to 23.1% 
 
   --  Significantly improved Adjusted EBITDA in Q4 FY26 was up +EUR6.4 
      million compared to Q4 FY25 to reach EUR7.4 million, with Adjusted EBITDA 
      margin expansion of 230bps to 2.7% in Q4 FY26. Sequential improvement of 
      Adjusted EBITDA margin to 1.2% in H2 FY26 compared to -2.5% in H1 FY26 
 
__________________________________________ 
(4) Acquisition-adjusted SG&A cost ratio is Acquisition-adjusted SG&A expenses 
as a % of GMV. 
 

OFF-PRICE | YOOX

(illustrative)

   --  In Q4 FY26, Net Sales grew +6.6% ex-FX (+5.6% reported at EUR110.5 
      million), driven by continued growth in Europe (excluding the U.K.) of 
      +22.7% reported compared to Q4 FY25 
 
   --  In H2 FY26, Acquisition-adjusted SG&A cost ratio improved significantly 
      by 560bps from 29.4% in H2 FY25 to 23.8%. This equals absolute cost 
      savings of EUR17.5 million or a decrease by -23.3% of 
      Acquisition-adjusted SG&A expenses. Throughout FY26 the cost ratio 
      improved sequentially by 440bps from 28.1% in H1 FY26 to 23.8% in H2 
      FY26 
 
   --  In Q4 FY26, Adjusted EBITDA margin improved significantly by 920bps to 
      -10.5%. For FY26, Acquisition-adjusted EBITDA improved by +EUR34.7 
      million to -EUR45.5 million, with an Acquisition-adjusted EBITDA margin 
      of -9.4% compared to -15.2% in FY25 

KEY BUSINESS HIGHLIGHTS

LUXEXPERIENCE

   --  Successful Go-live of new ERP system at NAP & MRP on July 1, 2026 
      following successful update at Mytheresa 
 
   --  Rollout of Mytheresa invoicing solution to NAP & MRP 
 
   --  Successful Go-live of new group-wide customer messaging system at NAP & 
      MRP 
 
   --  Rollout of Mytheresa customer service system to NAP & MRP and YOOX 
 
   --  End of TSA to buyer of the OUTNET assets 

LUXURY | MYTHERESA

   --  14 high-impact Top Customer activations and six true "money can't buy" 
      experiences, including Zimmermann in Lake Como, Dolce & Gabbana in 
      Sardinia, and Brioni in Amalfi in Q4 FY26 
 
   --  Launch of 11 exclusive capsule collections and 4 exclusive pre-launches 
      or exclusive styles campaigns in Q4 FY26; New launch of prestigious 
      luxury brands Piaget and Fendi on Mytheresa 
 
   --  Further increased customer economics in Q4 FY26: GMV per Top Customer 
      up +4.8%, Top Customer count up +18.0% and Average Order Value $(LTM)$ up 
      13.1% (reported) to EUR875 

LUXURY | NAP & MRP(5)

   --  36 editorial campaigns for exclusive brand and product launches with 
      brands such as Chloe, Khaite, Carolina Herrera, Tom Ford, Brunello 
      Cucinelli and Celine amongst others in Q4 FY26 
 
   --  11 unique EIP experiences at NET-A-PORTER with brand partners such as 
      KHAITE, Chloé, Carolina Herrera, Gucci and Schiaparelli in the 
      United States and Europe and 6 unique EIP experiences at MR PORTER with 
      brand partners including Zegna and Ralph Lauren in Q4 FY26 
 
   --  Sequential growth in Top Customer count in Q4 FY26 vs. Q3 FY26 with 
      +3.2%, alongside strong increase in GMV per Top Customer of +9.4% and 
      increase of Average Order Value (AOV) LTM by +9.1% (reported) to EUR885 
      in Q4 FY26 vs. Q4 FY25 

OFF-PRICE | YOOX(5)

   --  YOOX leveraged its 26th Anniversary to drive community engagement, 
      consideration and new customer registrations through flagship community 
      events in Milan and Forte dei Marmi and an integrated campaign 
 
   --  Strong growth in GMV per top customer of +12.3% and significant 
      increase of the Net Promoter Score by +1,520bps to 49.1 in Q4 FY26 vs. Q4 
      FY25 
 
__________________________________________ 
(5) Comparative periods to April 23, 2025 are shown on an illustrative basis. 
 

GUIDANCE FY 2027

For the full fiscal year ending June 30, 2027, LuxExperience expects strong top-line growth acceleration and significant profitability improvement with

   --  Net Sales to grow by +MSD% to +HSD%; and 
 
   --  Adjusted EBITDA margin at around 2% to 3% 

On a segment basis, we expect for the Luxury | Mytheresa segment continued top-line momentum with high single-digit to low double-digit net sales growth and profitability slightly above full FY26 levels. The Luxury | NAP & MRP is expected to grow its net sales at a mid-single-digit percentage rate, accompanied by a 100 to 200 basis point expansion in Adjusted EBITDA margin compared to full FY26. The Off-price | YOOX segment is anticipated to grow its net sales at a mid-single-digit percentage rate, with an Adjusted EBITDA margin expected to remain in the negative mid-single-digit range.

LuxExperience reconfirms its medium-term annual growth rates of 10-15% and targets of EUR4 billion Net Sales with an underlying Adjusted EBITDA margin of 7% to 9%, expecting an annual 150 to 250bps increase in Adjusted EBITDA margin after FY27.

The foregoing forward-looking statements reflect LuxExperience's expectations as of today's date. Given the number of risk factors, uncertainties and assumptions discussed below, actual results may differ materially. LuxExperience does not intend to update its forward-looking statements until its next quarterly results announcement, other than in publicly available statements.

AUTHORIZATION FOR SHARE REPURCHASE PROGRAM

On September 3, 2026, management received the authorization for the repurchase of up to $50 million of our ADRs, which may be effected from time to time through accelerated share repurchase arrangements at such times, at such prices, and in such amounts as management may determine in its sole discretion, subject to market conditions, applicable legal and regulatory requirements, and other factors. The authorization does not obligate us to repurchase any ADRs or any particular amount and may be suspended, modified, or discontinued at any time without prior notice; there can be no assurance as to the timing, volume, or price of any repurchases, or that any repurchases will occur at all.

CONFERENCE CALL AND WEBCAST INFORMATION

LuxExperience will release fourth quarter and full fiscal year 2026 financial results before the U.S. market open on September 16, 2026. A conference call to discuss its results will follow at 8:00am Eastern Time that same day.

Event: LuxExperience Fourth Quarter and Full Fiscal Year 2026 Earnings Conference Call

Event Date: September 16, 2026

Event Time: 8:00am ET

Webcast: Please follow the link

A webcast replay will be available on LuxExperience's investor relations website at investors.luxexperience.com

FORWARD LOOKING STATEMENTS

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements relating to financing activities; future sales, expenses, and profitability; future development and expected growth of our business and industry; our ability to execute our business model and our business strategy; having available sufficient cash and borrowing capacity to meet working capital, debt service and capital expenditure requirements for the next twelve months; and projected capital spending. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate, " "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would" or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements are only predictions. Actual events or results may differ materially from those stated or implied by these forward-looking statements. In evaluating these statements and our prospects, you should carefully consider the factors set forth below.

The risk that the completed YNAP acquisition and the post-acquisition integration could have an adverse effect on the ability of YNAP to retain customers and retain and hire key personnel and maintain relationships with their brand partners and customers and on their operating results and businesses generally; the risk that problems may arise in successfully integrating the businesses of YNAP and Mytheresa, which may result in the combined company not operating as effectively and efficiently as expected; the risk that the combined company may be unable to achieve cost-cutting synergies or that it may take longer than expected to achieve those synergies; LuxExperience's ability to effectively compete in a highly competitive industry; LuxExperience's ability to respond to consumer demands, spending and tastes; foreign currency exchange rate fluctuations; general economic conditions, including economic conditions resulting from deteriorating geopolitical and macroeconomic conditions, such as the recent global trade war, that may adversely impact consumer demand; The ongoing conflict involving Iran and the related disruption to shipping through the Strait of Hormuz, and their effects on energy prices, supply chain costs, and heightened macroeconomic uncertainty that may adversely affect consumer confidence and spending; LuxExperience's ability to acquire new customers and retain existing customers; consumers of luxury products may not choose to shop online in sufficient numbers; the volatility and difficulty in predicting the luxury fashion industry; LuxExperience's reliance on consumer discretionary spending; and LuxExperience's ability to maintain average order levels and other factors.

We undertake no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

The achievement or success of the matters covered by such forward-looking statements involves known and unknown risks, uncertainties and assumptions. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make.

You should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent our management's beliefs and assumptions only as of the date such statements are made.

Further information on these and other factors that could affect our financial results is included in filings we make with the U.S. Securities and Exchange Commission ("SEC") from time to time, including the section titled "Risk Factors" included in the Form 20-F filed on September 16, 2026. These documents are available on the SEC's website at www.sec.gov and on the SEC Filings section of the Investor Relations section of our website at: https://investors.luxexperience.com.

The acquisition of YOOX Net-A-Porter Group S.p.A. ("YNAP") (together with its subsidiaries, "YNAP Sub-Group") by LuxExperience B.V. was completed on April 23, 2025 ("YNAP Acquisition"). The results of YNAP are included within the consolidated financial statements of LuxExperience Group for the period beginning on the date of the acquisition through the end of the respective period presented and the results of Mytheresa are included for the entirety of all periods presented.

ABOUT NON-IFRS FINANCIAL MEASURES AND OPERATING METRICS