Q2 2026 Performance Summary

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

Amorepacific group recorded consolidated revenue of KRW 1.2543 trillion and operating profit of KRW 122.8 billion in the second quarter of 2026. Revenue and operating profit increased by 14.6% and 53.3% year-over-year, respectively, reflecting strong sales growth and improvement in profitability.

The domestic business further strengthened its market leadership, achieving balanced growth across all categories, including luxury, derma, and hair care. Sulwhasoo and HERA expanded their market shares and reinforced their positions as Korea's leading luxury skincare and luxury makeup brands. AESTURA and ILLIYOON maintained strong growth and further solidified their leadership in the derma category. Key brands including LANEIGE, Mamonde, Mise-en-Scène, LABO-H, and OSULLOC also delivered balanced growth driven by strong performance of hero products and new launches. The online and MBS channels remained key growth drivers, each delivering double-digit growth during the quarter.

The overseas business also sustained strong momentum, with both online and offline channels growing across the Americas, EMEA, and Japan. The group further demonstrated the strength of its brand portfolio through strong sales performance during major global e-commerce events. During Amazon Prime Day in the U.S. and Europe, LANEIGE, COSRX, ILLIYOON, and Mise-en-Scène products ranked among top sellers across beauty and personal care categories, achieving record-high sales. In EMEA, COSRX ranked No. 1 in Amazon Beauty categories in Germany and the UK. In Japan, COSRX delivered its best-ever performance during Qoo10 Japan Mega Wari and was named the No. 1 brand in the first half of the year at the Qoo10 Japan Mega Beauty Awards 2026.

Profitability also improved significantly in the second quarter. Amorepacific, the group's leading subsidiary, recorded an operating margin of approximately 10% in its domestic business, while its overseas business continued to maintain a double-digit operating margin, supported by expanding sales of high-growth brands. As a result, the group achieved both growth and profitability improvement while further strengthening its multi-brand, multi-channel platform for global growth.

Leading Subsidiary: Amorepacific

[Amorepacific Q2 2026 Consolidated Performance]
(Unit: KRW 100 million / Growth rate: Year-over-Year)

Amorepacific, the group's leading subsidiary, drove overall improvement in group performance, with revenue increasing 17% year-over-year and operating profit rising 59%. Strong performance in the online and MBS channels, along with expansion of the cross-border business, supported growth in Korea, while strong growth in key overseas regions including the Americas, EMEA, and Japan contributed to improved performance abroad.

The domestic business posted 10% revenue growth and 48% operating profit growth in the second quarter, maintaining its strong growth momentum. Online sales grew at a double-digit rate, supported by strong performance from major platform promotions and Amoremall campaigns. The MBS channel also recorded double-digit growth, driven by category-leading brands such as AESTURA and ILLIYOON, as well as HANYUL, Mamonde, and Primera. Department store sales continued to rise, benefiting from increased tourist traffic. The cross-border business also maintained growth momentum through expansion into new markets, including Amazon Europe, and successful seasonal promotions.

Among key brands, Sulwhasoo achieved balanced growth across online and offline channels, led by strong sales of its hero product, First Care Activating Serum. HERA delivered growth across major channels driven by strong performance of Sensual Nude Gloss and Mesh Powder Cushion. AESTURA recorded strong growth in the MBS and online channels, supported by successful launches within its ATOBARRIER³⁶⁵ line and its expertise in derma skincare. ILLIYOON further strengthened its leadership as the No. 1 body care brand at Olive Young. Hair care brands Mise-en-Scène and LABO-H also enhanced category competitiveness. Mise-en-Scène expanded its portfolio with the launch of the Salon 10 Peptide Repair line, while LABO-H maintained solid growth driven by the renewal of its scalp-strengthening clinic line and strong performance of its Hairline Ampoule and scalp sun care products.

The overseas business maintained strong growth momentum, posting 28% revenue growth and 99% operating profit growth in the second quarter. Growth was led by strong performance in the Americas and EMEA, while Japan and APAC also delivered solid growth across key online and offline channels. Operating profit increased sharply as profitability improved and sales expanded among high-growth brands.

In the Americas, AESTURA delivered triple-digit sales growth, driven by the success of ATOBARRIER³⁶⁵ Cream across Amazon and Sephora channels. COSRX maintained strong growth on Amazon and TikTok Shop, supported by strong sales of its RX line products. INNISFREE achieved high growth across online and offline channels driven by the performance of its Green Tea line and sun care products. The company also expanded its brand portfolio with recently introduced brands, including IOPE, HANYUL, and ILLIYOON.

In EMEA, COSRX led growth in the region. Its Ultra-Light Invisible Sunscreen ranked No. 1 in Amazon Beauty in Germany and No. 1 in the Sunscreen category on Amazon UK, while the brand also expanded into additional markets. AESTURA expanded its presence through closer collaboration with Sephora and a broader retail network. LANEIGE and INNISFREE strengthened their market presence through new product launches and expanded digital marketing initiatives.

In Japan, LANEIGE maintained growth through the launch of its new Balance Mode line and expansion of its MBS channel presence. AESTURA continued to grow through successful new product launches, while COSRX delivered strong sales growth driven by performance across major online channels.

Revenue also increased across Southeast Asia, India, and Australia. In North Asia (Mainland China, Hong Kong SAR, Taiwan Region, excluding Japan and Korea), revenue declined due to channel optimization efforts, while the company continued to improve its business structure by focusing on core channels.

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

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

Beauty brand subsidiaries, including INNISFREE, ETUDE, espoir, and AMOS PROFESSIONAL, reported declines in revenue and operating profit due to continued channel optimization efforts. However, sales of each brand's core products remained resilient.

Osulloc continued its solid growth trajectory, supported by strong online gift set sales and increasing revenue from the Matcha Station and Matcha Noodle Bar at the Jeju Tea Museum.

Amorepacific group continues to pursue leadership in the global beauty and wellness industry under its mid- to long-term vision, "Create New Beauty." To achieve this vision, 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).