Levi Strauss — Apr 7, 2025 release

orders for Q2. Shareholder Returns The company returned approximately $81 million to shareholders in the first quarter, a 12% increase over prior year, including: • Dividends of $51 million, representing a dividend of $0.13 per share. • Share repurchases of $30 million, reflecting 1.6 million shares retired. As of March 2, 2025 , the company had $560 million remaining under its current share repurchase authorization, which has no expiration date. The company has declared a dividend of $0.13 per share totaling approximately $51 million. The dividend is payable in cash on May 9, to the holders of record of Class A common stock and Class B common stock at the close of business on April 24. Fiscal 2025 Guidance Guidance for 2025 is based on continuing operations, reflecting the Dockers® business being reported in discontinued operations. Financial results for prior periods have been recast to exclude discontinued operations. The company’s fiscal 2025 guidance remains unchanged other than to reflect the Dockers® business as a discontinued operation and does not reflect any impact from the recently announced tariffs. Original FY 2025 Guidance Updated FY 2025 Guidance based on Continuing Operations Organic Net Revenue 3.5% to 4.5% 3.5% to 4.5% Reported Net Revenue (1%) to (2%) (1%) to (2%) Gross Margin 100 basis points expansion to approximately 61.0%    From 60.0% base 100 basis points expansion to approximately 61.