Operational and Financial Summary (in thousands of Canadian dollars, unless otherwise noted) Financial Summary: Net revenue Cost of goods sold Fiscal 2022 52 Weeks Fiscal 2021 52 Weeks Fiscal 2020 52 Weeks Fiscal 2019 53 Weeks Fiscal 2018 52 Weeks $ 1,494,630 $ 839,678 857,323 $ 544,818 980,589 $ 577,165 874,296 $ 531,383 743,267 447,776 Gross profit 654,952 312,505 403,424 342,913 295,491 Operating expenses Selling, general and administrative 392,802 250,726 243,362 215,297 183,857 Stock-based compensation expense 26,131 10,691 7,790 11,540 17,240 Income from operations 236,019 51,088 152,272 116,076 94,394 Finance expense 25,202 28,420 28,319 4,821 5,221 Other expense (income) (8,783) (3.534) (2,185) (395) 1,890 Income before income taxes 219,600 26,202 126,138 111,650 87,283 Income tax expense 62,683 6,975 35,544 32,922 30,190 Net income $ 156,917 $ 19,227 $ 90,594 $ 78,728 $ 57,093 Net income per diluted share $ 1.36 $ 0.17 $ 0.81 $ 0.67 $ 0.49 Adjusted EBITDA $ 289,385 $ 76,812 $ 172,572 $ 161,045 $ Adjusted Net Income) $ 176,736 $ 26,028 $ 97,388 $ 94,543 $ 132,716 75,934 Adjusted Net Income!") per Diluted Share $ 1.53 $ 0.23 $ 0.87 $ 0.81 $ 0.65 Weighted average number of diluted shares outstanding (thousands) 115,784 112,844 112,128 117,358 116,280 Cash and cash equivalents $ 266,245 $ 149,147 $ 117,750 $ 100,897 $ 112,475 Capital cash expenditures (net of proceeds from lease incentives) $ (52,607) $ (42,529) $ (36,253) $ (49,862) $ (59,253) Free cash flow) $ 221,937 $ 36,306 $ 117,246 $ 38,874 $ 44,342 Percentage of Net Revenue: Net revenue Cost of goods sold 100.0% 100.0% 100.0% 100.0% 100.0% 56.2% 63.5% 58.9% 60.8% 60.2% Gross profit 43.8% 36.5% 41.1% 39.2% 39.8% Operating expenses Selling, general and administrative 26.3% 29.2% 24.8% 24.6% 24.7% Stock-based compensation expense 1.7% 1.2% 0.8% 1.3% 2.3% Income from operations 15.8% 6.0% 15.5% 13.3% 12.7% Finance expense 1.7% 3.3% 2.9% 0.6% 0.7% Other expense (income) (0.6%) (0.4%) (0.2%) (0.0%) 0.3% Income before income taxes 14.7% 3.1% 12.9% 12.8% 11.7% Income tax expense 4.2% 0.8% 3.6% 3.8% 4.1% Net income 10.5% 2.2% 9.2% 9.0% 7.7% Adjusted EBITDA 19.4% 9.0% 17.6% 18.4% 17.9% Adjusted Net Income) 11.8% 3.0% 9.9% 10.8% 10.2% Other Performance Metrics: Year-over-year net revenue growth (decline) 74.3% (12.6%) 12.2% 17.6% 11.4% Comparable sales growth) n/a n/a 7.6% 9.8% 6.6% Boutiques: Number of boutiques, end of period 106 New boutiques Boutiques repositioned into a flagship boutique Boutique closure Boutique closed due to mall redevelopment Boutiques expanded or repositioned ལྕལ།་ཀྱི་རྣམ 101 96 91 85 6 7 5 7 6 (1) (1) (1) ་་