Capri Holdings Results Presentation Deck
SAFE HARBOR STATEMENT
This presentation contains statements which are, or may be deemed to be, "forward-looking statements." Forward-looking statements are prospective
in nature and are not based on historical facts, but rather on current expectations and projections of the management of Capri Holdings Limited (the
"Company") about future events, and are there fore subject to risks and uncertainties which could cause actual results to differ materially from the
future results expressed or implied by the forward-looking statements. All statements other than statements of historical facts included herein, may be
forward-looking statements. Without limitation, any statements preceded or followed by or that include the words "plans", "believes", "expects",
"intends", "will", "should”, “could”, “would”, “may”, “anticipates”, "might" or similar words or phrases, are forward-looking statements. These forward-
looking statements are not guarantees of future financial performance. Such forward-looking statements involve known and unknown risks and
uncertainties that could significantly affect expected results and are based on certain key assumptions, which could cause actual results to differ
materially from those projected or implied in any forward-looking statements. These risks, uncertainties and other factors include the effect of the
COVID-19 pandemic and its potential material and significant impact on the Company's future financial and operational results if retail stores are
forced to close again and the pandemic is prolonged, including that our estimates could materially differ if the severity of the COVID-19 situation
worsens, the length and severity of such outbreak across the globe and the pace of recovery following the COVID-19 pandemic, levels of cash flow
and future availability of credit, compliance with restrictive covenants under the Company's credit agreement, the Company's ability to integrate
successfully and to achieve anticipated benefits of any acquisition; the risk of disruptions to the Company's businesses; the negative effects of events
on the market price of the Company's ordinary shares and its operating results; significant transaction costs; unknown liabilities; the risk of litigation
and/or regulatory actions related to the Company's businesses; fluctuations in demand for the Company's products; levels of indebtedness (including
the indebtedness incurred in connection with acquisitions); the timing and scope of future share buybacks, which may be made in open market or
privately negotiated transactions, and are subject to market conditions, applicable legal requirements, trading restrictions under the Company's insider
trading policy and other relevant factors, and which share repurchases may be suspended or discontinued at any time, the level of other investing
activities and uses of cash; changes in consumer traffic and retail trends; loss of market share and industry competition; fluctuations in the capital
markets; fluctuations in interest and exchange rates; the occurrence of unforeseen epidemics and pandemics, disasters or catastrophes; political or
economic instability in principal markets; adverse outcomes in litigation; and general, local and global economic, political, business and market
conditions, as well as those risks set forth in the Company's filings with the U.S. Securities and Exchange Commission, including the Company's
Annual Report on Form 10-K for the fiscal year ended March 27, 2021 (File No. 001-35368). Any forward-looking statement in this press release
speaks only as of the date made and the Company disclaims any obligation to update or revise any forward-looking or other statements contained
herein other than in accordance with legal and regulatory obligations.View entire presentation