Crocs Results Presentation Deck

cr CS cr CS Cl OC C 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: Inventory fair value step-up (3) Non-GAAP HEYDUDE Brand gross margin Three Months Ended June 30, 2022 57.7 % 0.2 % less than (0.1)% 57.9 % Three Months Ended June 30, 2022 32.4% 14.7% 47.1 % 2021 61.7 % 0.1 % - % 61.8 % (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 continued shutdown of our direct operations in Russia. (3) Represents a step-up of HEYDUDE inventory costs to fair value upon the close of the acquisition on February 17, 2022. 31

View entire presentation