Investor Overview

Feb. 20, 2020 Transaction Presentation

Founded in 1963 by Leslie H. Wexner in Columbus, Ohio, L Brands (NYSE: LB) has evolved from an apparel-based specialty retailer to a segment leader focused on women's intimate and other apparel, personal care, home fragrance and beauty categories representing an aspirational lifestyle that helps make customers feel sexy, bold and powerful. Through Victoria’s Secret, Victoria's Secret PINK and Bath & Body Works, L Brands is an international company that operates nearly 3,000 company-owned specialty stores in the United States, Canada, the United Kingdom, Ireland and Greater China, and its brands are sold in more than 650 additional franchised locations worldwide. The company's products are also available online at www.VictoriasSecret.com and www.BathandBodyWorks.com.

L Brands recorded sales of $13.2 billion in 2018 and employs more than 80,000 associates.

Press Releases
Quarterly Presentation
Investor Handout

Date	Title
02/20/20	L Brands Announces Transformative Transaction With Sycamore Partners to Drive Shareholder Value Bath & Body Works to Become Focused, Standalone Public Company Majority 55% Interest in Victoria’s Secret Lingerie, Victoria’s Secret Beauty and Pink to be Acquired by Sycamore Partners , With L Brands Retaining 45% Minority Stake, at a Total Enterprise Value of $1.1 Billion Upon Closing of
02/14/20	L Brands Invites You to Listen to Its Fourth Quarter 2019 Earnings Call Webcast COLUMBUS, Ohio , Feb. 14, 2020 (GLOBE NEWSWIRE) -- In conjunction with the L Brands (NYSE: LB) fourth quarter 2019 earnings release, which will cross the wire after market close on Wednesday, Feb. 26 , you are invited to listen to a live webcast of the conference call on Thursday, Feb.
02/03/20	L Brands Declares Cash Dividend COLUMBUS, Ohio , Feb. 03, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) announced today the declaration of its regular quarterly dividend of $0.30 per share payable on March 6, 2020 to shareholders of record at the close of business on Feb. 21, 2020 .
01/09/20	L Brands Reports Holiday 2019 Sales and Updates Fourth Quarter Earnings Guidance COLUMBUS, Ohio , Jan. 09, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) reported net sales of $3.906 billion for the nine weeks ended Jan. 4, 2020 , compared to net sales of $4.072 billion for the nine weeks ended Jan. 5 , 2019. Comparable sales decreased 3 percent for the nine weeks ended

Date	Title	Remind Me
02/27/20 09:00 am EST	Q4 2019 L Brands Earnings Conference Call	Add to Outlook Add to Google Calendar

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