Crocs Investor Presentation Deck

O • Net debt paydown of $277M in Q4 2023 ● Significant Cash Flow Generation Fuels Rapid Deleveraging Gross Leverage Ratio (¹) 2.25x ● bringing 2023E full-year pay down to $665M Repaid $1.2B since the HEYDUDE acquisition Met the upper- bound of LT target to get to 1.0x-1.5x net leverage (3) CROCS Inc | 1. 2. 3. PF YE 2022 for HEYDUDE (2) 2.1x PF Q1 2023 for HEYDUDE (2) 1.8x Q2 2023 1.7x Q3 2023 Net Leverage (³); <1.5x Q4 2023E Gross leverage ratio calculated consistent with debt covenants. Pro forma ("PF") includes HEYDUDE revenues for the period prior to acquisition close (assuming the acquisition had closed on January 1, 2022.) See reconciliation to GAAP equivalents in Appendix. 1.0x-1.5x Long-Term Target 24

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