4Q Fiscal Year 2023 Earnings Presentation
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 therefore 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 impact of the
changes in consumer traffic and retail trends; high consumer debt levels, recession and inflationary pressures; loss of market share and industry
competition; 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 and to successfully execute our growth strategies;
the risk of disruptions to the Company's businesses; risks associated with operating in international markets and our global sourcing activities,
including disruptions or delays in manufacturing or shipments; the risk of cybersecurity threats and privacy of data security breaches; 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; fluctuations in the capital markets; fluctuations in interest and
exchange rates; the occurrence of unforeseen epidemics and pandemics, disasters or catastrophes; extreme weather conditions and natural
disasters; political or economic instability in principal markets; adverse outcomes in litigation; and general, local and global economic, political,
business and market conditions including acts of war and other geopolitical conflicts; as well as those risks set forth in the Company's filings with the
U.S. Securities and Exchange Commission (the "SEC"), including the Company's Annual Report on Form 10-K for the fiscal year ended April 2, 2022
(File No. 001-35368). Any forward-looking statement in this presentation 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