Crocs Results Presentation Deck

Financial Outlook Deleveraging Remains on Track O • Committed to quickly deleveraging O Forecasting to be below. 2.0x adjusted gross leverage by June 30, 2023 • We expect to resume share repurchases in Q3 • We will methodically O balance debt repayment with share repurchase Net Debt / Adj. EBITDA (2) CROCS inc Gross Debt / Adjusted EBITDA Outlook(¹) 2. 1.1x 3.1x 2.9x PF YE 2021 for HEYDUDE 2.1x 2.0x PF Q1 2023 for HEYDUDE <2.0x 0.8x YE 2021 1. Assumes excess free cash flow used to repay borrowings. Gross Debt / Adjusted EBITDA calculated as: Total Gross Debt / Trailing Twelve Months ("TTM") Adjusted EBITDA. Adjusted EBITDA calculated as Adjusted Operating Income plus depreciation and amortization. Please refer to Appendix for definition and Non-GAAP reconciliation. a. b. Pro forma ("PF") includes HEYDUDE for the period prior to acquisition close (assuming the acquisition had closed on the first day of such trailing twelve month period). Net Debt / Adjusted EBITDA calculated as: (Total Gross Debt - Cash and Cash Equivalents) / TTM Adjusted EBITDA, as calculated above. Long Term Target 1.0x - 1.5x net leverage Mid-Year 2023E 34

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