Canada Goose Investor Day Presentation Deck slide image

Canada Goose Investor Day Presentation Deck

Disclaimer continued Non-IFRS Financial Measures and Other Specified Financial Measures This presentation includes, and any discussion during or following this presentation may include, references to certain financial measures that are "non-IFRS financial measures", including adjusted EBIT and net working capital, and certain financial measures that are "non-IFRS ratios", including adjusted EBIT margin and net working capital as a percentage of revenue. This presentation also includes a reference to DTC comparable sales growth which is a supplementary financial measure. These financial measures are employed by the Company to measure its operating and economic performance and to assist in business decision-making, as well as providing key performance information to senior management. The Company believes that, in addition to conventional measures prepared in accordance with IFRS, certain investors and analysts use this information to evaluate the Company's operating and financial performance. These financial measures are not defined under IFRS nor do they replace or supersede any standardized measure under IFRS. Other companies in our industry may calculate these measures differently than we do, limiting their usefulness as comparative measures. Additional information including definitions of non-IFRS financial measures and other specified financial measures and reconciliations of non-IFRS financial measures to the nearest IFRS measure can be found under the heading "Non-IFRS Financial Measures and Other Specified Financial Measures" in our Q3 2023 MD&A, as filed on SEDAR at www.sedar.com and with the SEC at www.sec.gov, which section is incorporated by reference in this presentation. The Company is not able to provide, without unreasonable effort, a reconciliation of the outlook for non-IFRS adjusted EBIT and net working capital to the most directly comparable IFRS measure because the Company does not currently have sufficient data to accurately estimate the variables and individual adjustments included in the most directly comparable IFRS measure that would be necessary for such reconciliations, including (a) income tax related accruals in respect of certain one-time items (b) the impact of foreign currency exchange and (c) non-recurring expenses that cannot reasonably be estimated in advance. These adjustments are inherently variable and uncertain and depend on various factors that are beyond the Company's control and as a result it is also unable to predict their probable significance. Therefore, because management cannot estimate on a forward-looking basis without unreasonable effort the impact these variables and individual adjustments will have on its reported results in accordance with IFRS, it is unable to provide a reconciliation of the non-IFRS measures included in the forward-looking guidance included herein. CANADA GOOSE 6
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