Crocs Results Presentation Deck

Cr CS cr OCS CI OC O FINANCIAL OUTLOOK LEVERAGE OUTLOOK Finished 2021 with net leverage <1x Committed to quickly deleveraging and now targeting to be below 2.0x gross leverage by mid-year 2023 Share repurchases on hold until gross leverage is <2.0x, which we do not expect to occur in 2022 Net Debt / Adjusted EBITDA Outlook 0.8x YE 2021 2.9x PF YE 2021 for HEYDUDE * Assumes excess free cash flow used to repay borrowings. Net Debt / EBITDA calculated as: (Total Debt - Cash and Cash Equivalents) / TTM EBITDA ≤ 2.0x PF Mid-Year 2023E* 22 AC 5 JE 12 TU. 40 JE 25 JC 76

View entire presentation