Crocs Investor Presentation Deck

Non-GAAP Reconciliations Reconciliation of GAAP to Non-GAAP Operating Margin Outlook Full Year 2023 (estimated): Non-GAAP operating margin reconciliation: GAAP operating margin Non-GAAP adjustments associated with distribution center investments & Other Non-GAAP operating margin Approximately: CROCS inc >25.5% 1.5% >27.0% Our guidance for "Non-GAAP Operating Margin" is a non-GAAP financial measure that excludes or otherwise has been adjusted for special items from our U.S. GAAP financial statements, such as inventory write-offs, duplicate rent costs, bad debt expense. We consider these items to be necessary adjustments for purposes of evaluating our ongoing business performance and are often considered non- recurring. Such adjustments are subjective and involve significant management judgment. We are unable to reconcile Crocs Inc., Crocs Brand, and HEYDUDE Brand 2024 non-GAAP gross margin and operating margin guidance, Q4 2023E net leverage and the long-term, non-GAAP adjusted operating margin measures to their nearest U.S. GAAP measures without unreasonable efforts because we are unable to predict with a reasonable degree of certainty the actual impact of the special and other non-core items. By their very nature, special and other non-core items are difficult to anticipate with precision because they are generally associated with unexpected and unplanned events that impact our company and its financial results. Therefore, we are unable to provide a reconciliation of these measures. 28

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