Crocs Investor Presentation Deck

NON-GAAP RECONCILIATION (cont'd) Non-GAAP earnings per share reconciliation: Numerator: GAAP net income Non-GAAP cost of sales adjustments (¹) Non-GAAP selling, general and administrative expenses adjustments (2) Non-GAAP other income adjustment (3) Tax effect of non-GAAP adjustments (4) Non-GAAP net income Denominator: GAAP weighted average common shares outstanding basic Plus: GAAP dilutive effect of stock options and unvested restricted stock units GAAP weighted average common shares outstanding - diluted GAAP net income per common share: Basic Diluted Non-GAAP net income per common share: Basic Diluted $ crocs™ $ $ $ $ $ Three Months Ended December 31, 2020 183,330 $ 1,550 20,850 (133,466) 72,264 $ 66,729 1,325 2020 2019 (in thousands, except per share data) 68,054 2.75 $ 2.69 1.08 $ 1.06 $ 19,913 $ 312,861 3,329 6,701 1,173 (15,781) 8,634 68,441 1,402 69,843 $ 0.29 $ 0.29 $ Year Ended December 31, 0.13 $ 0.12 $ 41,736 (919) (139,841) 220,538 $ 67,386 (1) See 'Non-GAAP cost of sales, gross profit, and gross margin reconciliation' above for more information. (2) See 'Non-GAAP selling, general and administrative expenses reconciliation' above for more information. (3) Represents a fair value adjustment associated with our donations of inventory. (4) See 'Non-GAAP income tax expense (benefit) and effective tax rate reconciliation' above for more information. 1,158 68,544 $ 4.64 $ 4.56 $ 3.27 $ EA SA 3.22 $ 2019 119,497 11,485 2,871 (18,244) 115,609 70,357 1,414 71,771 1.70 1.66 1.64 1.61 First Quarter 2021: RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL GUIDANCE Non-GAAP operating margin reconciliation: GAAP operating margin Non-GAAP adjustments associated with distribution center investments Non-GAAP operating margin Full Year 2021: Non-GAAP operating margin reconciliation: GAAP operating margin Non-GAAP adjustments associated with distribution center investments Non-GAAP operating margin Non-GAAP effective tax rate reconciliation: GAAP effective tax rate Non-GAAP adjustments associated with amortization of IP Non-GAAP effective tax rate Approximately 16% to 17% 1% 17% to 18% Approximately 17% to 18% 1% 18% to 19% 25% (7)% to (9)% 16% to 18% 29

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