Crocs Investor Presentation Deck

cr CS cr CS CI OC! APPENDIX NON-GAAP RECONCILIATION (CONT'D) Non-GAAP Gross Margin Reconciliation by Brand: GAAP Crocs Brand gross margin Non-GAAP adjustments: Distribution centers (1) Inventory reserve in Russia (2) Non-GAAP Crocs Brand gross margin GAAP HEYDUDE Brand gross margin Non-GAAP adjustments: Distribution centers (3) Inventory fair value step up (4) Other Non-GAAP HEYDUDE Brand gross margin Three Months Ended December 31, 2022 2021 55.3 % 0.9 % (0.1)% 56.1 % Three Months Ended December 31, 2022 46.4 % 0.1 % % 0.7 % 47.2 % - Year Ended December 31, 2022 63.4 % 0.3 % % 63.7 % 40.8 % less than 0.1% 6.9 % 0.2 % 48.0 % 2022 Year Ended December 31, (1) Represents expenses, including expansion costs and duplicate rent costs, related to our distribution centers in Dayton, Ohio and Dordrecht, the Netherlands. (2) Represents the net impact of an inventory reserve expense in our EMEALA segment associated with the shutdown of our direct operations in Russia. (1) Represents expenses related to our distribution center in Las Vegas, Nevada. (2) Represents a step-up of HEYDUDE inventory costs to fair value upon the close of the acquisition on February 17, 2022. 56.3 % 0.4 % less than 0.1% 56.7 % 2021 61.4 % 0.3 % % 61.7 % - 41

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