Globe International : Annual report for the financial year ended 30 June 2022

About this update from Globe International Limited

ABN: 65007066033 Globe Brand GLOBE INTERNATIONAL ANNUAL REPORT | 2022 001 Globe Brand Welcome Globe International Limited is a global producer and distributor specializing in purpose-built apparel, footwear and hardgoods for the boardsports, street fashion, outdoor and workwear markets. Globe International has offices, distribution hubs and manufacturing centres in Melbourne, Los Angeles, Newport Beach, San Diego, Hossegor and Shenzhen. Its products are sold in over one hundred countries around the world. Globe International's proprietary brands include Globe, Salty Crew, FXD, Impala Skate and Milkbar Bikes. The company is listed on the Australian Securities Exchange and has three operating segments: Australasia, North America and Europe. Globe International brands are sold direct to consumers, retailers and by third party distributors around the world. The company has a select number of branded retail stores in various strategic neighbourhoods along with a full suite of e-commerce based offerings. Globe International also maintains diverse licensing and distribution businesses of leading third party owned brands for the Australian and New Zealand market operating under its Hardcore Distribution, Hardcore Optics and 4Front divisions. Currently, Hardcore Distribution carries over thirty brands including Girl, Almost, Blind, Enjoi, Lakai, Chocolate, Flip and Thrasher, Hardcore Optics distributes Szade, RAEN and CHIMI eye ware, while 4Front licences and distributes Stüssy, MISFIT, Xlarge, X-Girl and Obey. Salty Crew GLOBE INTERNATIONAL ANNUAL REPORT | 2022 Contents 003 Heritage 005 Globe Brand 007 Impala Skate 013 Salty Crew 019 FXD Workwear 025 Hardcore Distribution 031 4Front Distribution 033 Hardcore Optics 035 Milkbar Bikes 037 dot Boards 039 Worldwide Locations and Flagship Retail 041 Environmental and Social Responsibility 043 Chief Executive Officer's Letter to Shareholders 045 Financial Report 047 The Directors' Report 047 Auditor's Independence Declaration 063 Financial Statements 065 Directors' Declaration 121 Independent Auditor's Report 123 Stock Exchange and Investor Information 129 Company Particulars 133 The financial report includes the consolidated financial statements of the consolidated entity consisting of Globe International Limited and its subsidiaries. Unless otherwise noted, all financial information relates to the consolidated entity. Globe International Limited is a company limited by shares, incorporated and domiciled in Australia. The address of the Company's registered office is 1 Fennell Street, Port Melbourne, Victoria, 3207. The financial statements are presented in Australian currency and were authorised for issue by the directors on 26 August 2022. The Company has the power to amend and re-issue these financial statements. Globe International Limited's 2022 Corporate Governance Statement can be viewed on our website at: https://globecorporate.com/investors/#governance

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