Milan, 22 October 2026 – The Prada S.p.A. Board of Directors today reviewed and approved the consolidated revenue performance for the nine months ended 30 September 2026.

Key highlights (growth percentage at constant currency)

• Net Revenues of €4,541 mln, up 15% yoy, +4% organic⁽¹⁾; Q3 at +11%, continuing to exhibit organic growth of +1% in a challenging environment

• Retail Sales of €3,934 mln, up 11% yoy, +2% organic against +9% in the 9M-25; Q3 stable on an organic basis, showing good resilience sustained by brand desirability and effective retail initiatives

• Solid performance for Prada, with Retail Sales growth of +2% in the 9-month period, and positive Q3 at +1%

• Miu Miu ended the period at +1%, against comps of +41% in the 9M-25; excluding the impact of Middle East, Q3 was broadly stable

• In Q3, the Americas remained the best performing region, exhibiting solid yoy growth, while APAC and Japan were stable; Europe remained in line with the previous quarters, more muted. Middle East showed QoQ improvement but continued to weight negatively on performances,  particularly for Miu Miu

• Versace contributed to the period with Net Revenues of €441 mln

Retail Sales by brand (growth percentage at constant currency)

Retail channel delivered +11% yoy growth in the first nine months, +2% organic against +9% in the 9M-25; Q3 was stable, sustained by brand desirability and effective retail execution, showing good resilience against +8% in Q3-25 and a more challenging backdrop.

Prada remained solid, with Retail Sales at +2% over the nine-month period and +1% in Q3, supported by positive performance in Americas and Asia Pacific, including China, and broadly stable trends in Europe and Japan year-on-year. Innovation and cultural relevance continued to sustain desirability, supported by a balanced and dynamic product category mix. The well-received Womenswear SS27 fashion show celebrated Prada’s longstanding fascination with skirts and their multifaceted nature. Novelties across Leather Goods further enriched the range, while vibrant creativity translated into compelling Ready-to-Wear and Footwear offerings. In September the brand unveiled the new Prada Galleria project, a multi-floor experience of fashion, food and culture, offering a full immersion into Prada world’s complexity alongside an enhanced and customisable retail experience.

Miu Miu’s Retail Sales grew at +1% in the 9 months, with Q3 at -3%, reflecting challenging comps (+41% in the 9M-25 and +29% in Q3-25) and a less favourable geographical mix in the current environment; excluding the impact of Middle East, Q3 was broadly stable. Desirability remains high with retail metrics very robust. The acclaimed SS27 fashion show reimagined the everyday wardrobe through the application of elements of beauty and iconic collaborations on footwear and denim. Over the period, the brand continued to enrich its total-look offering, with visibility supported by itinerant pop-ups under the new Miu Miu Vinyl Club format. The unveil of Miu Miu Shanghai IFC lounge, a one-of-a-kind environment providing intimate hospitality for an immersive and personalised retail journey, further elevated the engagement between the brand and its clients.

Versace continued to advance on its strategic priorities, with efforts centred on managing the transition while setting the foundations for the new creative debut in 2027. The integration within the Group is progressing on track.