Crocs Results Presentation Deck

APPENDIX Non-GAAP Reconciliation (Cont'd) Non-GAAP Income from Operations and Operating Margin Reconciliation: Six Months Ended June 30, 2023 2022 GAAP revenues GAAP income from operations (1) Non-GAAP cost of sales adjustments Non-GAAP selling, general and administrative expenses (2) adjustments Non-GAAP income from operations GAAP operating margin Non-GAAP operating margin $ $ Three Months Ended June 30, 2023 2022 1,072,367 318,489 $ 1,586 4,504 324,579 29.7 % 30.3 % $ (in thousands) 964,581 $ 247,964 35,137 7,513 290,614 $ 25.7 % 30.1 % 1,956,533 553,417 4,867 13,336 571,620 28.3 % 29.2% $ 1,624,729 366,641 66,055 33,381 466,077 22.6% 28.7 % (¹) See 'Non-GAAP cost of sales, gross profit, and gross margin reconciliation' above for more details. (2) See 'Non-GAAP selling, general and administrative expenses and selling, general and administrative expenses as a percent of revenues reconciliation' above for more details. CROCS inc 36

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