Sales and Marketing Overview & Strategic Business Overview slide image

Sales and Marketing Overview & Strategic Business Overview

L QOO BUILDING ON BACK TO BASICS WITH GSG STRATEGY Phase 1: Back to Basics Reinforced focus on wholesale model Phase 2: Sustainable Growth Reduced complexity by eliminating underperforming and overlapping brands and SKUs Consolidated manufacturing capacity in Central America by exiting higher cost facilities Exited to-the-piece distribution and consolidated distribution centers to improve servicing and margins Realigned organization under single business unit and streamlined global SG&A infrastructure 18-20% operating margins RONA ≥ 20% Capacity driven growth Expanding our competitive advantage as a low-cost vertically integrated manufacturer Innovation Driving innovation across all facets of our organization Creating value for all stakeholders Environmental, Social and Governance Strengthening and leveraging ESG initiatives and strong track record 7-10% net sales growth (1) 18-20% operating margins(1) RONA ≥ 20% (1) of (1) Reflects 3-year financial targets. See slide entitled "Forward-Looking Statements" on page 3. 7
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