Solid H2 FY22 sales to date, delivering;

Total sales growth of +6.9% on H2 FY21 (pcp)

Online sales growth of +27.3% on H2 FY21 (pcp) (+119.3% vs. H2 FY20)

Despite ~25% of trading days being lost in H1 FY22 (Jul-Nov 2021), resulting in H1 sales being down 8.2% vs pcp, our FY22 YTD sales are now down just 2.3% on FY21, aided by growth in H2 sales and successful new store openings

LFL sales are currently a less insightful measure as the year progresses and we again cycle periods of material store closures in prior year(s). YTD FY22 LFL sales (incl. online) are down 2.8% vs pcp (and +28.7% vs FY20) 9 1

We anticipate FY22 sales to be between $205m and $207m ($210.8m in FY21) and underlying EBIT to be between $30m and $31m ($44.0m in FY21)

We expect to finish FY22 with inventory in line with plan with aged inventory at historical levels

We expect ‘net cash’ in excess of $20m TRADING UPDATE FY22 GUIDANCE 1. LFL is calculated on 4/4/5 weekly basis and excludes closed stores. FY22 YTD is up to week ending 12th June 22 and results are un-audited

We are pleased with the sales momentum we are delivering in H2, including in our most recent trading results as interest rate increases and other increases in costs of living have become more apparent in the market

As previously flagged, we have continued to invest in our people, new office and distribution centre projects, as well as improved technology – all necessary investments for scale and continued growth

We are mindful of the ‘cost of doing business’ challenges across supply and service chains impacting retail sector