Crocs Investor Presentation Deck

APPENDIX Non-GAAP Reconciliation Non-GAAP Cost of Sales, Gross Profit, and Gross Margin Reconciliation: Three Months Ended September 30, 2023 2022 GAAP revenues GAAP cost of sales Distribution centers (¹) HEYDUDE inventory fair value step-up (3) Inventory reserve in Russia Total adjustments Non-GAAP cost of sales GAAP gross profit GAAP gross margin Non-GAAP gross profit Non-GAAP gross margin (2) CROCS inc (in thousands) 1,045,717 $ 464,081 (18,797) (18,797) 445,284 $ 581,636 $ 55.6 % 600,433 $ 57.4 % 985,094 443,792 (2,316) 12 1,025 (1,279) 442,513 541,302 54.9 % 542,581 55.1 % (1) Represents expenses, including expansion costs, duplicate rent costs, and transitional storage costs, primarily related to our distribution centers in Dayton, Ohio and Las Vegas, Nevada. (2) Primarily represents a prior year step-up of HEYDUDE inventory costs to fair value upon the close of the acquisition on February 17, 2022. (3) Represents the net impact of a prior year inventory reserve expense in our EMEALA segment associated with the shutdown of our direct operations in Russia. 30

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