Q4 2022 Fiscal Achievements

Fourth Quarter 2022 Performance Net Sales $1,062 2021 -14% vs. 2021 $912 2022 $ in millions, except EPS Adjusted Operating Income¹ (Adjusted Operating Margin) $138 13.0% of Net Sales 2021 -14% vs. 2021 $119 13.0% of Net Sales 2022 ¹ Certain measures are presented on an adjusted basis, a non-GAAP presentation; see reconciliation to GAAP in appendix. Adjusted Diluted EPS¹ $2.31 carter's 2021 -1% VS. 2021 $2.29 2022 5

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