ASOS : Statement from ASOS plc

ASOS plc

Response to media reporting

ASOS plc ("the Company") notes recent media reporting and confirms that it is in the final stages of agreeing an amendment to the future financial covenants in its Revolving Credit Facility, which matures in July 2024. This action will give ASOS significantly increased financial flexibility, against the uncertain economic backdrop. ASOS retains a strong liquidity position and this is a prudent step in the current environment.

This announcement includes inside information.

The person responsible for arranging the release of this announcement on behalf of ASOS is Anna Suchopar, General Counsel and Company Secretary.

For further information:

ASOS Plc	Tel: [phone]
José Antonio Ramos Calamonte, Chief Executive Officer Mathew Dunn, Chief Operating Officer & Chief Financial Officer Katy Mecklenburgh, Director of Group Finance Taryn Rosekilly, Director of Investor Relations Katja Hall, Director of Corporate Affairs Website: www.asosplc.com/investors
Headland Consultancy	Tel: [phone]
Susanna Voyle / Stephen Malthouse
JPMorgan Cazenove	Tel: [phone]
Bill Hutchings / Will Vanderspar
Numis Securities	Tel: [phone]
Alex Ham / Jonathan Wilcox / Tom Jacob Berenberg Michelle Wilson / Jen Clarke	Tel: [phone]

Background note

ASOS is a destination for fashion-loving 20-somethings around the world, with a purpose to give its customers the confidence to be whoever they want to be. Through its app and mobile/desktop web experience, available in ten languages and in over 200 markets, ASOS customers can shop a curated edit of over 100,000 products, sourced from nearly 900 global and local third-party brands alongside a mix of fashion-led own-brand labels - ASOS Design, ASOS Edition, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge and HIIT. ASOS aims to give all of its customers a truly frictionless experience, with an ever-greater number of different payment methods and hundreds of local delivery and return options, including Next-Day Delivery and Same-Day Delivery, dispatched from state-of-the-art fulfilment centres in the UK, US and Germany.