Sales and Marketing Overview & Strategic Business Overview slide image

Sales and Marketing Overview & Strategic Business Overview

FRONTIER YARNS ACQUISITION FULLY INTEGRATING OE AND MVS YARN REQUIREMENTS AND SUPPORTING GROWTH Frontier Yarns Founded in 1996, led by strong management team with significant industry experience Leading producer of 100% cotton, polyester, and blended yarns Primarily manufacturing on OE and MVS spinning technology Four facilities located in North Carolina, employing approx. 800 employees Long time supplier to Gildan, 40% of 2021 production sold to Gildan Strategic Rationale Reducing dependency on third-party suppliers ✓ Satisfying ~90% of Central America and Caribbean yarn requirements ✓ Supporting revenue growth in 2022 / 2023 and beyond ✓ Acquiring MVS and OE backing capacity to support fleece growth 35
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