On May 21, 2025 (the Amendment Effective Date), V.F. Corporation entered into an amendment to its $2.25 billion senior unsecured revolving credit facility agreement that expires November 2026 (the Revolving Credit Facility). The Revolver Amendment (i) makes certain amendments to the definition of ?Consolidated Net Worth? and the aggregate amount of non-cash impairment charges and material impacts resulting from adverse legal rulings permitted to be included in determining Consolidated Net Worth as of the last day of each fiscal quarter ending after the Amendment Effective Date for purposes of determining compliance with the Consolidated Net Indebtedness to Consolidated Net Capitalization financial covenant and (ii) requires the Company and certain of its subsidiaries to provide guarantees and grant liens on certain of their assets to secure the obligations under the Revolving Credit Facility within 120 days of the Amendment Effective Date.