Members of the Management Board and Supervisory Board and their Mandates

T.76 Changes in Fixed Assets 2019 (€ million)

	Purchase costs						Accumulated depreciation						Carrying amounts
	Balance 1/1/2019	Currency changes and other changes	Additions/ retransfers	Changes in group of consolidated companies	Disposals	Balance 12/31/2019	Balance 1/1/2019	Currency changes and other changes	Additions/ retransfers¹⁾	Changes in group of consolidated companies	Disposals	Balance 12/31/2019	Balance 12/31/2019	Balance 12/31/2018
PROPERTY, PLANT AND EQUIPMENT
Land, land rights and buildings including buildings on third party land	169.0		3.0		-0.7	171.3	-47.7	-0.1	-6.2		0.6	-53.4	117.9	121.4
Technical equipment and machines	22.5	-1.6	0.5		-0.2	21.3	-10.2	0.8	-2.3		0.2	-11.5	9.8	20.8
Other equipment, factory and office equipment	404.1	18.6	93.7		-27.6	488.7	-266.8	-4.7	-66.4		24.4	-313.4	175.3	137.3
Payments on account and assets under construction	15.2	-13.2	90.6		-0.9	91.7							91.7	15.2
	610.8	3.8	187.8		-29.3	773.1	-324.7	-4.0	-74.9		25.2	-378.3	394.8	294.6
RIGHT-OF-USE ASSETS
Real Estate – Retail stores	409.6	8.2	97.7		-6.5	509.0			-90.3		1.0	-89.3	419.6
Real Estate – Warehouses & offices	188.9	4.0	143.6		-4.5	332.0		-0.1	-51.0		0.8	-50.3	281.7
Others (technical equipment and machines and vehicles)	18.0		7.8		-1.0	24.8	-0.8		-6.7		0.4	-7.0	17.7
	616.5	12.3	249.0		-12.1	865.7	-0.8	-0.1	-148.0		2.2	-146.7	719.0
INTANGIBLE ASSETS
Goodwill	290.5	4.1				294.6	-44.8	-0.1				-44.9	249.7	245.7
Intangible assets with an indefinite useful life	141.8	2.4				144.2	-17.7					-17.7	126.5	124.2
Other intangible assets	183.7	3.0	31.8		-2.4	216.1	-116.1	-0.3	-23.5		2.2	-137.8	78.3	67.5
	616.0	9.5	31.8		-2.4	654.9	-178.6	-0.5	-23.5		2.2	-200.4	454.5	437.4

1): In the financial year 2019 there was no impairment on property, plant and equipment (previous year: € 0.6 million, see chapter 9), on right-of-use assets (see chapter 10) and on intangible assets (see chapter 11).

T.77 Changes in Fixed Assets 2020 (€ million)

	Purchase costs						Accumulated depreciation						Carrying amounts
	Balance 1/1/2020	Currency changes and other changes	Additions/ retransfers	Changes in group of consolidated companies	Disposals	Balance 12/31/2020	Balance 1/1/2020	Currency changes and other changes	Additions/ retransfers¹⁾	Changes in group of consolidated companies	Disposals	Balance 12/31/2020	Balance 12/31/2020	Balance 12/31/2019
PROPERTY, PLANT AND EQUIPMENT
Land, land rights and buildings including buildings on third party land	171.3	13.2	6.4		-0.6	190.3	-53.4	0.9	-6.5		0.5	-58.3	131.9	117.9
Technical equipment and machines	21.3	-1.0	0.9		-0.1	21.1	-11.5	0.6	-2.0		0.1	-12.8	8.4	9.8
Other equipment, factory and office equipment	488.7	-18.5	51.8		-27.1	494.9	-313.4	20.1	-72.4		25.3	-340.4	154.6	175.3
Payments on account and assets under construction	91.7	-31.8	53.6		-1.5	112.0							112.0	91.7
	773.1	-38.1	112.7		-29.3	818.3	-378.3	21.7	-80.9		25.9	-411.4	406.9	394.8
RIGHT-OF-USE ASSETS
Real Estate – Retail stores	509.0	-42.7	84.1		-13.2	537.2	-89.3	10.8	-114.4		10.9	-182.0	355.2	419.6
Real Estate – Warehouses & offices	332.0	-76.2	321.1		-10.4	566.5	-50.3	8.8	-64.3		3.6	-102.2	464.3	281.7
Others (techniqual equipment and machines and vehicles)	24.8	45.4	6.0		-2.7	73.4	-7.0	-3.2	-7.7		2.6	-15.3	58.1	17.7
	865.7	-73.4	411.2		-26.3	1,177.2	-146.7	16.5	-186.4		17.1	-299.6	877.6	719.0
INTANGIBLE ASSETS
Goodwill	294.6	-6.3				288.3	-44.9		-1.9			-46.8	241.4	249.7
Intangible assets with an indefinite useful life	144.2	-10.6				133.6	-17.7					-17.7	115.9	126.5
Other intangible assets	216.1	-3.9	34.8		-6.4	240.6	-137.8	3.0	-24.4		4.7	-154.6	86.1	78.3
	654.9	-20.8	34.8		-6.4	662.5	-200.4	3.0	-26.3		4.7	-219.1	443.4	454.5

1): In the financial year 2020 there was no impairment on property, plant and equipment (previous year: € 0.0 million, see chapter 9), impairment on right-of-use assets of € 16.1 million (previous year: € 0.0 million, see chapter 10) and impairment on intangible assets of € 1.9 million (previous year: € 0.0 million, see chapter 11).

Appendix 2 of the Consolidated Financial Statements

MEMBERS OF THE MANAGEMENT BOARD AND SUPERVISORY BOARD AND THEIR MANDATES

STATUS: DECEMBER 31, 2020

Members of the Management Board and their mandates

Bjørn Gulden
Chief Executive Officer (CEO)

Membership of other supervisory boards and controlling bodies:

Salling Group A/S, Brabrand/Denmark (Chairman)
Borussia Dortmund GmbH & Co. KGaA, Dortmund
Tchibo GmbH, Hamburg

Michael Lämmermann
Chief Financial Officer (CFO)

Anne-Laure Descours
Chief Sourcing Officer (CSO)

Members of the Supervisory Board and their mandates

Jean-François Palus
(Chairman)
Paris, France

Group Managing Director and member of the Board of Directors of Kering S.A., Paris/France, responsible for Strategy, Operations and Organization

Membership of other supervisory boards and controlling bodies¹⁾:

Kering Americas, Inc., New York/USA
Kering Tokyo Investment Ltd., Tokyo/Japan
Sowind Group S.A., La Chaux-de-Fonds/Switzerland
Guccio Gucci S.p.A., Florence/Italy
Gucci America, Inc., New York/USA
Kering Eyewear S.p.A., Padua/Italy
Yugen Kaisha Gucci LLC, Tokyo/Japan
Birdswan Solutions Ltd., Haywards Heath/West Sussex/United Kingdom
Paintgate Ltd., Haywards Heath/West Sussex/United Kingdom
Kering Asia Pacific Ltd., Hong-Kong/China
Kering South East Asia PTE Ltd., Singapore
Boucheron S.A.S., Paris/France

¹⁾ All mandates of Mr Palus are mandates within the Kering-Group. Kering S.A. is a listed company. All other companies within the Kering-Group are not listed.

Thore Ohlsson
(Deputy Chairman)
Falsterbo, Sweden

President of Elimexo AB, Falsterbo/Sweden

Membership of other supervisory boards and controlling bodies:

Elite Hotels AB, Stockholm/Sweden
Tomas Frick AB, Vellinge/Sweden
Tjugonde AB, Malmö/Sweden
Dofab AB, Malmö/Sweden
Orrefors Kosta Boda AB, Kosta/Sweden

Héloïse Temple-Boyer (member since April 18, 2019)
Paris, France

Deputy CEO of ARTÉMIS S.A.S., Paris/France

Membership of other supervisory boards and controlling bodies²⁾:

Kering S.A., Paris/France
Giambattista Valli S.A.S., Paris/ France
Société d’exploitation de l’hebdomadaire le Point S.A., Paris/France
Royalement Vôtre Editions S.A.S., Paris/France
ACHP Plc, London/United Kingdom
Christie’s International Plc, London/United Kingdom
Palazzo Grassi S.p.A., Venice/Italy
Compagnie du Ponant S.A.S., Marseille/France

²⁾ All mandates are mandates within the ARTÈMIS-Group. Kering S.A. is a listed company.

Fiona May (member since 18 April 2019)
Calenzano, Italy

Independent Management Consultant

Membership of other supervisory boards and controlling bodies:

R.C.S. Media Group Active Team Srl, Milano/Italy

Martin Koeppel
(Employees’ Representative)
Weisendorf, Germany

Chairman of the Works Counsel of PUMA SE

Bernd Illig
(Employees’ Representative)
Bechhofen, Germany

Administrator IT Systems of PUMA SE

Supervisory Board Committees

Personnel Committee

Jean-François Palus (Chairman)
Fiona May
Martin Köppel

Audit Committee

Thore Ohlsson (Chairman)
Héloïse Temple-Boyer
Bernd Illig

Nominating Committee

Jean-François Palus (Chairman)
Héloïse Temple-Boyer
Fiona May

Appendix 1 of the Consolidated Financial Statements

Appendix 2 of the Consolidated Financial Statements

MEMBERS OF THE MANAGEMENT BOARD AND SUPERVISORY BOARD AND THEIR MANDATES

Members of the Management Board and their mandates

Members of the Supervisory Board and their mandates

Supervisory Board Committees