Crocs Investor Presentation Deck

NON-GAAP RECONCILIATION Non-GAAP cost of sales, gross profit, and gross margin reconciliation*: GAAP revenues GAAP cost of sales New distribution centers (1) COVID-19 inventory write-off (2) Other Total adjustments Non-GAAP cost of sales GAAP gross profit GAAP gross margin Non-GAAP gross profit Non-GAAP gross margin crocs™ $ $ Three Months Ended December 31, 2021 2020 586,626 214,602 (1,705) (1,705) 212,897 372,024 63.4 % 373,729 63.7 % $ $ $ (in thousands) 411,506 $ 182,422 $ (1,550) (1,550) 180,872 229,084 55.7 % 230,634 56.0 % Year Ended December 31, 2021 2020 $ 2,313,416 893,196 (5,836) (5,836) 887,360 1,420,220 61.4 % 1,426,056 61.6 % SA 1,385,951 636,003 (4,186) (2,396) (119) (6,701) 629,302 749,948 54.1 % 756,649 54.6 % * For a reconciliation of Q4 2019 non-GAAP gross margin to the most comparable GAAP measure, please refer to the fourth quarter and full year 2019 press release linked here (1) Represents expenses, including expansion costs, related to our distribution centers in Dayton, Ohio and Dordrecht, the Netherlands and initial costs for our new third-party operated distribution center in Chiba, Japan. (2) Represents an inventory write-off in our Asia Pacific segment associated with the impact of COVID-19. 31

View entire presentation