Crocs Investor Presentation Deck

HEYDUDE Acquisition Update ● HEYDUDE ACQUISITION UPDATE ● Expect to close acquisition in February 2022 Advanced in building out our HEYDUDE leadership team with the majority of critical positions filled Financing • Secured $2B of Term Loan B commitments O Issuing 2,852,280 shares to one of the sellers Expect to borrow $50M under our existing Senior Revolving Credit Facility O O • Share repurchases on hold until gross leverage is <2.0x, which we do not expect to occur in 2022 • Committed to working towards quickly deleveraging O We expect to be <2.0x gross leverage by the end of 2023 • New ambition of $6B+ in revenues for combined business* O crocs™ * Reflects long-term revenues target for 2026E 18

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