Crocs Results Presentation Deck slide image

Crocs Results Presentation Deck

HEYDUDE Update Progress through Q1 2023 2022 ● ● ● ● ● Acquisition exceeded expectations with brand revenues of nearly $1B(¹), EPS accretion and significant debt paydown in the first year ● Staffed the entire leadership team and hired over 150 roles Stabilized and expanded the manufacturing footprint Q1 2023 Q1 Revenues of $235M +15% on top of 70% PF growth in 2022(¹) Quickly penetrated Crocs' strategic accounts, which now represent approximately 50% of HEYDUDE wholesale revenues Expanded the line introducing several new styles - Sirocco, Cody, Conway and Sunapee Developed a business systems roadmap Expanded distribution capabilities to handle the immediate throughput needs • International expansion on track with testing in direct and distributor markets; launched e-com and Amazon in select markets in April CROCS inc 1. DUDE THE HEYDUDES YOU'RE WEARING TODAY THE HEYDUDES YOU BOUGHT LAST WEEK DUDE HEY HEY THE HEYDUDES YOU'RE BUYING NEXT Revenue growth on a Pro forma basis, which includes HEYDUDE for the period prior to acquisition close (assuming the acquisition had closed January 1, 2022) was $986M. On a reported basis, revenues for 2022 were $896M; this does not include period of time prior to closing of HEYDUDE acquisition on February 17, 2022. 21
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