Samsonite International Investor Presentation — April 2024

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Growth vs ‘23 7.5% 0.3% -0.5% 17.9%

Approximately +2.3% excluding sales

accelerated into Q1 2023 in advance

of warehouse management system

implementationLed by strong growth in

China +23.0%, Japan +26.4%

and South Korea +13.3%.Comped extremely strong Q1 2023 with

wholesale customers purchasing to meet

increased travel demand and core Tumi inventory

arriving to satisfy pent up consumer demand.

While Chinese tourists represented 13% of Europe’s long -haul arrivals in

2019, their return since China’s reopening has been slow but steady.

Chinese arrivals in 2023 stand at 67% below pre -pandemic levels, compared

to the 22% average for all other long -haul source markets… European

destinations can anticipate seeing further rebound from this market in

2024, predicted to reach 39% below 2019 figures .

European Travel Commission , February 13, 2024

Our regular AlphaWise consumer survey notes that travel intentions over

the next six months remain high at 60%. The latest Wave 52 of the survey

conducted, from March 22nd to March 25th, found that ~60% of

consumers are planning to travel over the next six months , which is inline

with last month (and last year). We continue to be encouraged by the

results of these consumer surveys as travel intentions over the N6M

continue to trend among the highest the survey has seen, and it remains

clear that consumers prioritize travel.

Morgan Stanley Research , State of the Global Airlines Union April 10, 2024

Global passenger traffic in 2024 is predicted to surpass the 2019 level for