Levi Strauss — Oct 9, 2025 release

• During the third quarter the company refinanced its €475 million 3.375% senior notes due in 2027 with €475 million 4.000% senior notes due in 2030. Dockers® Sale On July 31, 2025 the company sold the Dockers® intellectual property and operations in the U.S. and Canada for gross proceeds of $194.7 million. The sale of the remaining Dockers® operations is expected to close in the first quarter of 2026. Shareholder Returns The company returned approximately $151 million to shareholders in the third quarter, a 118% increase over prior year, including: • Dividends of $55 million, representing a dividend of $0.14 per share. • We launched a $120 million accelerated share repurchase program, and took delivery of and retired approximately 5 million shares, with the remaining shares to be settled at the end of the program. As of August 31, 2025 , the company had $440 million remaining under its current share repurchase authorization, which has no expiration date. For Q4, the company has declared a dividend of $0.14 per share totaling approximately $55 million. The dividend is payable in cash on November 4, 2025, to the holders of record of Class A common stock and Class B common stock at the close of business on October 20, 2025. Updated Fiscal 2025 Guidance Guidance for 2025 is based on continuing operations, reflecting the Dockers® business being reported in discontinued operations. Guidance assumes U.S. tariffs on imports from China remain at 30% and Rest-of-World at 20% for the remainder of the year. • Reported net revenue growth: Raised to approximatel