Crocs Results Presentation Deck slide image

Crocs Results Presentation Deck

Update on Select Growth Drivers HEYDUDE Update 2022 Acquisition exceeded expectations with brand revenues of nearly $1B(¹), EPS accretion and significant debt paydown in the first year • Staffed the entire leadership team and hired over 150 roles • Stabilized and expanded the manufacturing footprint Developed a business systems roadmap Expanded distribution capabilities to handle the immediate throughput needs ● ● Q1 2023 • Q1 Revenues of $235M +15% on top of 70% PF growth in 2022(¹) Quickly penetrated Crocs' strategic accounts, which now represent approximately 50% of HEYDUDE wholesale revenues ● Expanded the line introducing several new styles - Sirocco, Cody, Conway and Sunapee International expansion on track with testing in direct and distributor markets; launched e-com and Amazon in select markets in April CROCS inc GARO 1466 BATH 1. Revenue growth on a Pro forma basis, which includes HEYDUDE for the period prior to acquisition close (assuming the acquisition had closed January 1, 2022) was $986M. On a reported basis, revenues for 2022 were $896M; this does not include period of time prior to closing of HEYDUDE acquisition on February 17, 2022. 20
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