Levi Strauss & Co · NYSE:LEVI

Levi Strauss & — Shareholder Meeting (April 2022)

26 slides from Levi Strauss &'s shareholder meeting presentation, Apr 20, 2022

Slide 4: Board of Directors
Board of Directors Robert A. Eckert Troy M. Alstead Jill Beraud Charles V. Spencer C. Fleischer David A. Friedman Chair of the Board of Directors Founder and President Retired Former Chief Executive (Chip) Bergh Chairman of FFL Partners, LLC Retired Senior Principal and of Levi Strauss & Co. Officer
Slide 6: Disclosure Statement
Disclosure Statement Our presentation today contains forward-looking statements. We have based these statements on our current assumptions, expectations and projections. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ. For inform
Slide 8: Company Proposals and Stockholder Proposals
Company Proposals • Election of Class III Directors • Advisory Vote on Executive Compensation • Ratification of Public Accounting Firm Stockholder Proposals • PETA • National Center for Public Policy Research Business Updates © 2022 / Levi Strauss & Co. 8
Slide 13: We are making progress against our 2030 strategies
We are making progress against our 2030 strategies Brand Led DTC First Diversified Portfolio Digital Transformation Operational Excellence Financial Discipline © 2022 / Levi Strauss & Co. 13
Slide 17: Diversity, Equity and Inclusion
Diversity, Equity and Inclusion Transparent Disclosures Foundational Changes Pay Equity Employee Resource Groups (ERG) Inclusion and Allyship © 2022 / Levi Strauss & Co. 17
Slide 19: We are emerging stronger from the pandemic despite headwinds
We are emerging stronger from the pandemic despite headwinds on the supply chain and virus resurgence © 2022 / Levi Strauss & Co. 19
Slide 20: Healthy Balance Sheet and Strong Liquidity
Healthy Balance Sheet and Strong Liquidity KEY METRIC - END OF FISCAL 2021 APPROXIMATELY Liquidity $1.7B Cash on Hand(1) $0.9B Gross Debt $1.0B Net Debt(2) $0.1B Leverage ratio(3) 1.2x ROIC(4) 25.8% (1) Cash on Hand includes cash and cash equivalents and short-term investments in marketable securiti
Slide 21: Capital Allocation
Capital Allocation Due to our solid financial position, we have been able to deploy a significant amount of capital on multiple fronts this past year 2021 CAPITAL DEPLOYMENT 1 Reinvest for Growth 2 Return Capital to Shareholders 3 Acquisitions Capex Dividends Share repurchase Organic Inorganic $~170
Slide 22: Q1 2022 Update
Q1 2022 Update vs. PY Q1 ‘22 CONSTANT CURRENCY REPORTED NET REVENUE ($, MM) $1,592 +26% +22% ADJ. GROSS MARGIN* 59.4% +190 bps +170 bps ADJ. EBIT* ($, MM) $238 +45% +37% ADJ. EBIT MARGIN* 14.9% +190 bps +160 bps ADJ. NET INCOME* ($, MM) $189 +43% +35% ADJ. DILUTED EPS* $0.46 +44% +35% *Reconciliatio
Slide 23: FY 2022 Outlook
FY 2022 Outlook vs. PY FY ‘21 FY ’22 OUTLOOK NET REVENUE $5.764 billion $6.4 to $6.5 billion or +11% to +13% growth vs. PY ADJ. DILUTED EPS* $1.47 $1.50 to $1.56 *Reconciliations and definitions of non-GAAP measures Adjusted diluted EPS can be found in our Quarterly Report on Form 10-Q for the first

Levi Strauss & — Shareholder Meeting (April 2022) on 6ix

Levi Strauss & — Shareholder Meeting (April 2022)

Slide 1: Annual Meeting of Shareholders

Slide 2: Bob Eckert, Chair of the Board

Slide 3: Welcome, Shareholders

Slide 4: Board of Directors

Slide 5: Seth Jaffe

Slide 6: Disclosure Statement

Slide 7: Annual Meeting of Shareholders

Slide 8: Company Proposals and Stockholder Proposals

Slide 9: Proponent Now Speaking

Slide 10: Annual Meeting of Shareholders

Slide 11: Chip Bergh

Slide 12: Our Leadership Team

Slide 13: We are making progress against our 2030 strategies

Slide 14: Beyond Yoga / Levi Strauss & Co.

Slide 15: Sustainability

Slide 16: Culture

Slide 17: Diversity, Equity and Inclusion

Slide 18: Harmit Singh

Slide 19: We are emerging stronger from the pandemic despite headwinds

Slide 20: Healthy Balance Sheet and Strong Liquidity

Slide 21: Capital Allocation

Slide 22: Q1 2022 Update

Slide 23: FY 2022 Outlook

Slide 24: Q&A

Slide 25: Meeting Adjourned

Slide 26: Annual Meeting of Shareholders