Q1 2026 Performance Summary

[Amorepacific Holdings Consolidated Performance]
(Unit: KRW 100 million / Growth rate: Year-over-Year)

In the first quarter of 2026, Amorepacific group recorded consolidated revenue of KRW 1.227 trillion and operating profit of KRW 137.8 billion. The results were driven by ▲ strong growth of the group's leading derma beauty brands (including AESTURA, COSRX, ILLIYOON, and IOPE) in both domestic and overseas markets, ▲ expansion of its Amazon business in North America, ▲ high growth of key brands such as LANEIGE, HERA, AESTURA, and COSRX in the Japanese market, and ▲ revenue growth and profitability improvement in the domestic business.

Leading Subsidiary: Amorepacific

[Amorepacific Q1 2026 Consolidated Performance]
(Unit: KRW 100 million / Growth rate: Year-over-Year)

Amorepacific's revenue increased by 6.4% year-over-year and operating profit rose by 7.6%, leading the overall improvement in group performance. AESTURA, Korea's No. 1 derma brand, achieved triple-digit year-on-year revenue growth in the North American market on the back of the performance of its 'A-CICA' line, and accelerated its global expansion by newly entering 17 European countries. Global derma skincare brand COSRX returned to revenue growth driven by expanded sales of its 'RX' line and 'PDRN' line in North America, as well as strong-performing Amazon promotions, while continuing balanced growth across major global markets including EMEA and Japan. Global premium skincare brand LANEIGE delivered strong growth in Japan, APAC, and Korea centered on key new products such as 'Neo Cushion' and 'JuicePop Box Lip Tint,' strengthening its position as a global brand. Emerging growth brands including ILLIYOON and Mise-en-Scène ranked among top sellers with key products during Amazon's Big Spring Sale, achieving more than threefold revenue growth year-on-year.

Domestic business recorded revenue growth of 9% and operating profit growth of 65%. Profitability improved significantly, supported by solid revenue growth across key brands and channels. Sulwhasoo posted growth across both online and offline channels driven by strong performance in the Lunar New Year luxury gifting market. HERA achieved double‑digit revenue growth in MBS and online channels based on its leadership in cushion and lip categories. AESTURA recorded its highest-ever consumer sales at OLIVE YOUNG, reaffirming its position as Korea's No.1 derma skincare brand. LANEIGE posted high growth in MBS channels supported by strong new product sales. Mise-en-Scène entered new markets through TikTok Shop, delivering strong cross‑border sales growth.

Overseas business posted revenue growth of 6% and operating profit decline of 18%. Sales grew at a double‑digit rate in Western markets, Japan, and APAC, while marketing investments expanded to support new brand launches. In North America, COSRX achieved revenue growth driven by strong sales of hero products, while AESTURA maintained high growth through portfolio diversification. INNISFREE strengthened competitiveness through the expansion of its sun care lineup, and IOPE delivered notable performance following its entry into Sephora in the U.S. In EMEA, COSRX recorded strong sales growth across major UK channels, and AESTURA expanded into additional countries, driving sales growth. INNISFREE contributed to growth through increased sales of its 'Green Tea' line. In Japan and key APAC markets (Indonesia, Vietnam, India), LANEIGE and leading derma beauty brands (AESTURA, COSRX, ILLIYOON) continued to deliver strong growth. In Greater China, revenue declined due to offline channel optimization, while a profitability-focused operating strategy was maintained.

Other Major Subsidiaries: OSULLOC, ETUDE, espoir, AMOS PROFESSIONAL, OSULLOC

[Amorepacific Holdings Major Affiliates Performance]
(Unit: KRW 100 million / Growth rate: Year-over-Year)

Beauty brand subsidiaries—including OSULLOC, ETUDE, espoir, and AMOS PROFESSIONAL —saw declines in revenue and operating profit due to the impact of offline channel restructuring. OSULLOC further strengthened its positioning as a luxury tea brand, expanded its product lineup aligned with the latest dessert trends, and contributed to improved revenue and profitability among other subsidiaries.

Amorepacific group continues its efforts to lead the global beauty and wellness industry through its mid- to long-term vision, "Create New Beauty." To this end, the group is advancing five strategic priorities: ▲ focusing on core global markets (Everyone Global), ▲ strengthening integrated beauty solutions (Holistic), ▲ biotechnology based anti-aging innovation (Ageless), ▲ agile organizational transformation (AMORE Spark), and ▲ AI-driven business transformation (AI First).