Burlington Investor Prestentation

Improved Inventory Management - a critical enabler for operating smaller sized stores in better quality locations Comparable Store Inventory Turnover 2.35X 193% improvement since 2008 4.86x 5.32x 6.50x 5.87x 6.88x FY '08 FY '14 FY '15 FY '16 FY '17 FY '18 Inventory Aged 91 Days and Older ($M) Comparable Store Inventory Turnover Comparable Store Inventory 551 [397 stores] Key Inventory Metrics FY '08 7 120 138 [542] [567] FY '14 FY '15 85 [592] FY '16 +5% in Q3-19 vs. Q3-18 -4% at November 2, 2019 63 51 [629] [675] FY '17 FY '18 Burlington

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