Pernod Ricard Reports Q3 Net Sales EUR 2.35 Billion

Pernod Ricard SA RI:

• PERNOD RICARD - Q3 NET SALES EUR 2.35 BILLION, STABLE, (+2% EXCLUDING RUSSIA) AND -2% REPORTED

• PERNOD RICARD - VOLUMES GREW BY 1% IN Q3, WITH GROWTH RESUMING FOLLOWING FOUR CONSECUTIVE QUARTERS OF DECLINE

• PERNOD RICARD - FY OUTLOOK: DYNAMIC Q4 NET SALES, IMPROVING VERSUS 9M, BROADLY STABLE FY ORGANIC NET SALES

• PERNOD RICARD - FY OUTLOOK: ORGANIC OPERATING MARGIN EXPANSION, ORGANIC PROFIT FROM RECURRING OPERATIONS GROWING BY C.+1%

• PERNOD RICARD - FY OUTLOOK: C.€300M SHARE BUYBACK FOR THE YEAR, WITH C.€150M COMPLETED IN H1

• PERNOD RICARD - FY OUTLOOK: FCF REFLECTING LOWER REPORTED PRO AND INCREASE IN STRATEGIC INVESTMENTS

• PERNOD RICARD - FY OUTLOOK: INVESTMENTS IN STRATEGIC INVENTORIES AT A SIMILAR LEVEL TO FY23, INCREASE IN CAPEX TO C.€800M