Crocs Investor Presentation Deck

2022E OUTLOOK Significant Cash Flow Generation Fuels Rapid Debt Repayment ● Finished 2021 with net leverage <1x • Closed $2B of Term Loan B financing to fund a portion of the HEYDUDE Acquisition Committed to working towards quickly deleveraging • Share repurchases on hold until gross leverage is <2.0x, which we do not expect to occur in 2022 crocs™ Net Debt / Adjusted EBITDA 0.8x YE 2021 2.9x PF YE 2021 for HEYDUDE * Assumes excess free cash flow used to repay borrowings. Net Debt / EBITDA calculated as: (Total Debt - Cash and Cash Equivalents) / TTM EBITDA ≤ 2.0x PF YE 2023E* 29

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