Q3’26 EARNINGS JANUARY 28, 2026

Financial Presentation Disclosure All per share amounts are presented on a diluted basis. This presentation refers to “reported” (R$) and “constant dollar” (C$) or “constant currency” amounts, terms that are described under the heading below “Constant Currency - Excluding the Impact of Foreign Currency.” Unless otherwise noted, “reported” and “constant dollar” or “constant currency” amounts are the same, and amounts will be as “reported” unless otherwise specified. This presentation also refers to “continuing” and “discontinued” operations amounts, which are concepts described under the heading “Discontinued Operations - Supreme.” Unless otherwise noted, results presented are based on continuing operations. This presentation also refers to results “excluding Dickies®” and “Adjusted excluding Dickies”, which are described under the heading “Dickies Divestiture”. This presentation also refers to “adjusted” amounts, a term that is described under the heading “Adjusted Amounts - Excluding Reinvent, Transaction and Deal Related Activities, Pension Settlement Charge and Non-cash Impairment Charge”. Unless otherwise noted, “reported” and “adjusted” amounts are the same. VF operates and reports using a 52/53 week fiscal year ending on the Saturday closest to March 31 of each year. This presentation refers to VF's third quarter of Fiscal 2026 as Q3'26, and similarly Q3'25 denotes VF's third quarter of Fiscal 2025, etc. VF defines “free cash flow” as cash flow from continuing operations less capital expenditures and software purchases and defines “net debt” as long-term debt, the current portion of long-term debt, short-term borrowings, and operating lease liabilities, less cash and cash equivalents per VF's consolidated balance sheet. Change in Reportable Segments VF realigned its reportable segments in the first quarter of Fiscal 2026. VF's updated reportable segments are Outdoor and Active. We have included an “All Other” category for the remaining operating segments that do not meet the quantitative threshold to be disclosed as a separate reportable segment. VF's financial results in this presentation reflect the new segments for all periods presented. Dickies Divestiture On September 15, 2025, VF entered into a definitive agreement with Bluestar Alliance LLC to sell the Dickies® brand business (“Dickies”) and on November 12, 2025, VF completed the sale of Dickies. “Reported” amounts present VF's third quarter Fiscal 2026 results in accordance with generally accepted accounting principles in the U.S. (“GAAP”) and include Dickies results in continuing operations through the date of sale, as the Dickies sale did not qualify for discontinued operations presentation under GAAP. References to results “excluding Dickies®” and “Adjusted excluding Dickies” exclude the results of Dickies for all periods presented. VF believes this non-GAAP presentation provides investors with useful information regarding VF’s current business trends and performance of VF’s operations, post the closing of the sale of Dickies. Discontinued Operations - Supreme On July 16, 2024, VF entered into a definitive Stock and Asset Purchase Agreement with EssilorLuxottica S.A. to sell the Supreme® brand business (“Supreme”). On October 1, 2024, VF completed the sale of Supreme. Accordingly, the company has reported the related held-for-sale assets and liabilities as assets and liabilities of discontinued operations and included the operating results and cash flows of the business in discontinued operations for all periods presented, through the date of sale. Constant Currency - Excluding the Impact of Foreign Currency This presentation refers to “reported” amounts in accordance with GAAP, which include translation and transactional impacts from foreign currency exchange rates. This presentation also refers to both “constant dollar” and “constant currency” amounts, which exclude the impact of translating foreign currencies into U.S. dollars. Reconciliations of GAAP measures to constant currency amounts are presented in the supplemental financial information included with this presentation, which identifies and quantifies all excluded items, and provides management’s view of why this information is useful to investors. Q3’26 EARNINGS 2

Financial Presentation Disclosure - Continued Adjusted Amounts - Excluding Reinvent, Transaction and Deal Related Activities, Pension Settlement Charge and Non-cash Impairment Charge The adjusted amounts in this presentation exclude costs related to Reinvent, VF's transformation program. Costs, including restructuring charges and project-related costs, were approximately $5 million in the third quarter of Fiscal 2026 and $51 million in the first nine months of Fiscal 2026. The adjusted amounts in this presentation exclude transaction and deal related activities associated with the divestiture of Dickies, including expenses and an estimated pre-tax gain on sale. Total transaction and deal related activities, included expenses of approximately $8 million in the third quarter and $10 million in the first nine months of Fiscal 2026 and an estimated pre-tax gain on sale of approximately $139 million in the third quarter and first nine months of Fiscal 2026. The adjusted amounts in this presentation exclude a non-cash pension settlement charge of approximately $34 million in the third quarter and first nine months of Fiscal 2026. The pension settlement charge resulted from lump-sum payments of retirement benefits related to the termination of the U.S. qualified plan, which is expected to be completed by the end of Fiscal 2026. The adjusted amounts in this presentation exclude a non-cash impairment charge related to the Napapijri reporting unit goodwill of approximately $31 million in the third quarter and first nine months of Fiscal 2026. Combined, the above items positively impacted earnings per share by $0.20 during the third quarter of Fiscal 2026 and $0.10 during the first nine months of Fiscal 2026. All adjusted amounts referenced herein exclude the effects of these amounts. Reconciliations of measures calculated in accordance with GAAP to adjusted amounts are presented in the supplemental financial information included with this presentation, which identifies and quantifies all excluded items, and provides management’s view of why this information is useful to investors. The company does not provide a reconciliation of forward-looking measures where the company believes such a reconciliation would imply a degree of precision and certainty that could be confusing to investors and is unable to reasonably predict certain items contained in the GAAP measures without unreasonable efforts. This is due to the inherent difficulty of forecasting the timing or amount of various items that have not yet occurred and are out of the company's control or cannot be reasonably predicted. For the same reasons, the company is unable to address the probable significance of the unavailable information. Q3’26 EARNINGS 3

Executive Summary 5 Financial Summary 10 Brand Highlights 14 Outlook 19 Appendix 21 Table of Contents Q3’26 EARNINGS 4

EXECUTIVE SUMMARY Q3’26 EARNINGS 5

President and CEO "In Q3, we delivered growth during our peak holiday quarter and beat revenue and operating income guidance. The North Face® and Timberland® each grew 8% and 5% on a constant dollar basis, while Vans® results were as we expected. The Americas region had its strongest performance in over three years, while global DTC inflected to growth. We remain on track to deliver our medium-term financial targets and are excited about the future of the business." Q3’26 EARNINGS 6 Bracken Darrell

VF delivered revenue growth, margin expansion and debt reduction in Q3’26 • Completed sale of Dickies® during the quarter; disclosed Q3’26 figures are shown on both reported and adjusted excluding Dickies® ("ex Dickies®") bases • Revenue +1% vs. LY ◦ Revenue ex Dickies® +4% vs. LY or +2% C$, ahead of guidance of (3%) to (1%) C$ vs. LY • Operating income (OI) of $289M ◦ Adjusted OI ex Dickies® of $341M, ahead of guidance of $275M to $305M • Further balance sheet deleveraging with net debt down $0.5B or (11%) vs. LY Establishing Q4'26 guidance and reiterating targets for FY'26 • Q4'26: Revenue flat to +2% C$ vs. LY; adjusted OI of $10M to $30M • FY'26: Free cash flow up vs. LY, with adjusted OI and operating cash flow up vs. LY • FYE'26: Leverage at or below 3.5x, progressing towards medium-term target Strong execution during holidays, led by the Americas region and DTC channel • The North Face®, +8% vs. LY or +5% C$, delivered growth during the brand's peak season • Product newness and digital performance drove holiday period at Vans®, (8%) vs. LY or (10%) C$ • Timberland®, +8% vs. LY or +5% C$, delivered fifth consecutive quarter of growth • Americas region, +2% vs. LY; ex Dickies® +6% C$ with DTC and Wholesale channels up vs. LY • Global DTC performance inflected to positive, +4% vs. LY or +3% C$ ex Dickies®, driven by Digital Q3’26 EARNINGS 7 Q3’26 EXECUTIVE SUMMARY Note: Q4'26 and FY'26 P&L guidance exclude Dickies® in current and prior years; FY'26 free and operating cash flow guidance on a reported basis, including Dickies® through the date of sale in Q3'26

Q3’26 revenue, operating income and operating margin up vs. LY Q3’26 EARNINGS 8 Reported Adjusted ex Dickies® Revenue % vs. LY +1% +4% Revenue % vs. LY (C$) (1%) +2% Gross margin 56.6% 57.0% +30bps vs. LY +10bps vs. LY SG&A % of revenue 45.5% 44.9% -100bps vs. LY -20bps vs. LY Operating income $289M $341M vs. LY of $226M vs. LY of $318M Operating margin 10.1% 12.1% +210bps vs. LY +30bps vs. LY Earnings per share $0.76 $0.58 vs. LY of $0.43 vs. LY of $0.61

GUIDANCE ACTUAL ACTUAL VS. GUIDANCE COMMENTARY Revenue % vs. LY (C$) (3%) to (1%) +2% + • Stronger-than-expected holiday season, driven by The North Face®, Timberland®, the Americas region and DTC channel Operating income (adjusted) $275M to $305M $341M + • Profit outperformance on higher-than-expected revenue and adjusted gross margin vs. LY, supported by mix benefits and sourcing savings resulting in lower product costs offsetting tariffs impact 9 Q3’26 revenue and adjusted operating income above guidance Q3’26 EARNINGS Note: Q3'26 guidance and actual performance exclude Dickies® in current and prior years

FINANCIAL SUMMARY Q3’26 EARNINGS 10

Q3’26 EARNINGS 11Revenue performance ex Dickies® *All revenue and growth figures exclude Supreme® Revenue Growth vs. LY* (17%) (14%) (10%) (6%) +2% (5%) +2% Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 flat Revenue Growth ex Dickies vs. LY* (C$) (19%) (14%) (9%) (6%) +3% (2%) (2%) +2% Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q3’26 revenue +1% vs. LY; ex Dickies® +4% vs. LY or +2% C$ +1% +4% flat

DTC inflected to positive in Q3’26, supported by The North Face® and Timberland® REGIONS vs. LY vs. LY1 (C$) ex Dickies® AMERICAS +2% +6% EMEA +4% (3%) APAC (6%) (4%) BRANDS vs. LY vs. LY1 (C$) ex Dickies® +8% +5% (8%) (10%) +8% +5% OTHER BRANDS (12%) +4% CHANNELS vs. LY vs. LY1 (C$) ex Dickies® DTC +4% +3% WHOLESALE (1%) (1%) Q3’26 REVENUE TRENDS Q3’26 EARNINGS 121 Revenue performance excludes Dickies® in current and prior years

• Net debt down $0.5B or (11%) vs. LY ◦ Net debt excluding lease liabilities of $2.7B, down $0.6B or (18%) vs. LY • Net inventories (8%) vs. LY ◦ Net inventories, ex Dickies®, (4%) C$ vs. LY • Cash dividends of $35M paid during the quarter NET DEBT ($B) $4.7 $4.2 Q3'25 Q3'26 Q3’26 EARNINGS 13 ($0.5) Further balance sheet deleveraging with net debt down $0.5B or (11%) vs. LY

BRAND HIGHLIGHTS Q3’26 EARNINGS 14

• DTC and Wholesale grew on a global basis • Americas +15% vs. LY, with double-digit growth across both channels • All product categories up vs. LY with strength in performance apparel and footwear • Product elevation resonating with consumer base through expanded Summit Series™, recently launched Advanced Mountain Kit™ 2.0 and Leather Pack • Second installment of SKIMS collaboration driving brand heat and broadening reach, amplified by social-first marketing • Largest global flagship store opened in New York on 5th Avenue +8% vs. LY, +5% C$ vs. LY Q3’26 EARNINGS 15 The North Face® delivered growth during the brand's peak season

• Positive global performance in Digital channel, led by the Americas • Continued momentum in product newness, with: ◦ Non-icons up, led by Super Lowpro, Crosspath and Loafers ◦ Improving trends of the Authentic, Slip-On and Old Skool™ driven by new offerings • KPop Demon Hunters collaboration illustrated brand's ability to quickly respond to cultural moments • Meet The Vans campaign featured lifestyle product and drove energy during key gift-giving holiday period Product newness and digital performance drove holiday period at Vans® Q3’26 EARNINGS 16 (8%) vs. LY, (10%) C$ vs. LY

• Global growth across both DTC and Wholesale for fifth consecutive quarter • Americas +9% vs. LY, driven by ongoing brand heat and a successful holiday season • Continued strong momentum in the 6" Premium boot and in the boat shoe • Search interest for the brand continues to grow across US and key EMEA markets • Executing on expanded distribution strategy, with four full price stores opened in the US +8% vs. LY, +5% C$ vs. LY Q3’26 EARNINGS 17 Timberland® delivered fifth consecutive quarter of growth

• Altra® fourth consecutive quarter of double-digit growth, driven by Digital and key franchises in trail and road running • icebreaker® up vs. LY driven by DTC performance • Napapijri® brand undergoing repositioning efforts across key markets under new brand leadership • Packs1 driven by continued strength at Eastpak® while other brands were down vs. LY • Smartwool® up double-digits across channels Q3’26 EARNINGS 18 Continued momentum at Altra® drove growth in Other Brands (12%) vs. LY, +4% C$ vs. LY2 1 Includes Kipling, Eastpak and JanSport brands 2 Revenue performance excludes Dickies® in current and prior years OTHER BRANDS

GUIDANCE COMMENTARY Q4’26 Revenue % vs. LY (C$) Flat to +2% • Implies full year revenue growth, excluding Dickies® and Supreme®, for the first time since FY'23 Operating income (adjusted) $10M to $30M • Adjusted gross margin flat to slightly up vs. LY • Adjusted SG&A rate flat to slightly down vs. LY FY’26 Free cash flow Up vs. LY (FY'25: $313M) • Adjusted operating income up vs. LY • Operating cash flow up vs. LY • Year-end leverage at or below 3.5x Q4’26 and FY’26 guidance Q3’26 EARNINGS 20 Note: Q4'26 and FY'26 P&L guidance excludes Dickies® in current and prior years; FY'26 free and operating cash flow guidance on a reported basis, including Dickies® through the date of sale in Q3'26

Safe Harbor Statement Certain statements included in this release are “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are made based on VF’s expectations and beliefs concerning future events impacting VF and therefore involve several risks and uncertainties. Words such as “will,” “anticipate,” “believe,” “estimate,” “expect,” “should,” and “may” and other words and terms of similar meaning or use of future dates may be used to identify forward-looking statements, however, the absence of these words or similar expressions does not mean that a statement is not forward-looking. All statements regarding VF’s plans, objectives, projections and expectations relating to VF’s operations or financial performance, and assumptions related thereto, are forward-looking statements. Forward-looking statements are not guarantees, and actual results could differ materially from those expressed or implied in the forward-looking statements. VF undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Potential risks and uncertainties that could cause the actual results of operations or financial condition of VF to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: the level of consumer demand for apparel, footwear and accessories; disruption to VF’s distribution system; changes in global economic conditions and the financial strength of VF’s consumers and customers, including as a result of current inflationary pressures; fluctuations in the price, availability and quality of raw materials and finished products, including as a result of tariffs; disruption and volatility in the global capital and credit markets; VF’s response to changing fashion trends, evolving consumer preferences and changing patterns of consumer behavior; VF’s ability to maintain the image, health and equity of its brands, including through investment in brand building and product innovation; intense competition from online retailers and other direct-to- consumer business risks; increasing pressure on margins; retail industry changes and challenges; VF’s ability to execute its Reinvent transformation program, "The VF Way" and other business priorities, including measures to streamline and right-size its cost base and strengthen the balance sheet while reducing leverage; VF’s ability to successfully establish a global commercial organization, and identify and capture efficiencies in its business model; any inability of VF or third parties on which it relies, to maintain the strength and security of information technology systems; the fact that VF’s facilities and systems, and those of third parties on which it relies, are frequent targets of cyberattacks of varying levels of severity, and may in the future be vulnerable to such attacks, and any inability or failure by VF or such third parties to anticipate or detect data or information security breaches or other cyberattacks, could result in data or financial loss, reputational harm, business disruption, damage to VF’s relationships with customers, consumers, employees and third parties on which it relies, litigation, regulatory investigations, enforcement actions or other negative impacts; any inability by VF or third parties on which it relies to properly collect, use, manage and secure business, consumer and employee data and comply with privacy and security regulations; VF’s ability to adopt new technologies, including artificial intelligence, in a competitive and responsible manner; foreign currency fluctuations; stability of VF’s vendors' manufacturing facilities and VF’s ability to establish and maintain effective supply chain capabilities; continued use by VF’s suppliers of ethical business practices; VF’s ability to accurately forecast demand for products; actions of activist and other shareholders; VF's ability to recruit, develop or retain key executive or employee talent or successfully transition executives; continuity of members of VF’s management; changes in the availability and cost of labor; VF’s ability to protect trademarks and other intellectual property rights; possible goodwill and other asset impairment; maintenance by VF’s licensees and distributors of the value of VF’s brands; VF’s ability to execute acquisitions and dispositions, integrate acquisitions and manage its brand portfolio, including the recently completed sale of the Dickies® brand business; VF’s ability to execute, and realize benefits, successfully, or at all, from the completed sale of the Dickies® brand business; business resiliency in response to natural or man-made economic, public health, cyber, political or environmental disruptions, including any potential effects from changes in tariffs and international trade policy, and the U.S. federal government shutdown; changes in tax laws and additional tax liabilities; legal, regulatory, political, economic, and geopolitical risks, including those related to the current conflicts in Europe, the Middle East and Asia and tensions between the U.S. and China; changes to laws and regulations; adverse or unexpected weather conditions, including any potential effects from climate change; VF's indebtedness and its ability to obtain financing on favorable terms, if needed, could prevent VF from fulfilling its financial obligations; VF's ability to pay and declare dividends or repurchase its stock in the future; climate change and increased focus on environmental, social and governance issues; VF’s ability to execute on its sustainability strategy and achieve its sustainability-related goals and targets; risks arising from the widespread outbreak of an illness or any other communicable disease, or any other public health crisis; and tax risks associated with the spin-off of the Jeanswear business completed in 2019. More information on potential factors that could affect VF’s financial results is included from time to time in VF’s public reports filed with the SEC, including VF’s Annual Report on Form 10-K, and Quarterly Reports on Form 10-Q, and Forms 8-K filed or furnished with the SEC. Q3’26 EARNINGS 22

Three Months Ended December Nine Months Ended December 2025 2024 % Change % Change Constant Currency* % Change Excluding Dickies (a) % Change Constant Currency and Excluding Dickies*(a) 2025 2024 % Change % Change Constant Currency* % Change Excluding Dickies (a) % Change Constant Currency and Excluding Dickies*(a) Brand: The North Face® $ 1,356.3 $ 1,253.3 8% 5% $ 3,070.8 $ 2,868.9 7% 5% Vans® 557.6 607.6 (8%) (10%) 1,662.5 1,856.8 (10%) (12%) Timberland® 569.7 527.0 8% 5% 1,331.1 1,231.7 8% 5% Other Brands 392.2 446.1 (12%) (15%) 8% 4% 1,374.7 1,403.5 (2%) (4%) 6% 4% VF Revenue $ 2,875.8 $ 2,833.9 1% (1%) 4% 2% $ 7,439.2 $ 7,360.9 1% (1%) 2% 0% Region: Americas $ 1,538.7 $ 1,506.7 2% 2% 6% 6% $ 3,819.7 $ 3,838.3 0% 0% 1% 1% EMEA 928.7 894.2 4% (4%) 5% (3%) 2,552.7 2,436.1 5% (2%) 6% (1%) APAC 408.4 432.9 (6%) (7%) (4%) (4%) 1,066.8 1,086.5 (2%) (2%) (1%) (1%) VF Revenue $ 2,875.8 $ 2,833.9 1% (1%) 4% 2% $ 7,439.2 $ 7,360.9 1% (1%) 2% 0% International $ 1,509.5 $ 1,486.7 2% (4%) 3% (2%) $ 4,076.0 $ 3,969.0 3% (1%) 4% (1%) Channel: DTC $ 1,626.0 $ 1,565.6 4% 1% 6% 3% $ 3,256.5 $ 3,221.5 1% (1%) 2% 0% Wholesale (b) 1,249.8 1,268.3 (1%) (5%) 3% (1%) 4,182.6 4,139.5 1% (1%) 3% 0% VF Revenue $ 2,875.8 $ 2,833.9 1% (1%) 4% 2% $ 7,439.2 $ 7,360.9 1% (1%) 2% 0% Summary Revenue Information (Unaudited) (In millions) All references to the periods ended December 2025 relate to the 13-week and 39-week fiscal periods ended December 27, 2025 and all references to the periods ended December 2024 relate to the 13- week and 39-week fiscal periods ended December 28, 2024. Note: Amounts may not sum due to rounding * Refer to constant currency definition on the following slides. (a) Excludes the results of Dickies for all periods presented. Refer to Non-GAAP financial information included in the "Reconciliation of Select GAAP Measures to Non-GAAP Measures" slides. (b) Royalty revenues are included in the wholesale channel for all periods. Q3’26 EARNINGS 23

Three Months Ended December Nine Months Ended December 2025 2024 2025 2024 Revenues $ 2,875,801 $ 2,833,912 $ 7,439,173 $ 7,360,920 Costs and operating expenses Cost of goods sold 1,247,460 1,238,738 3,399,386 3,419,511 Selling, general and administrative expenses 1,308,571 1,318,397 3,494,006 3,513,749 Impairment of goodwill and intangible assets 30,716 51,000 30,716 51,000 Total costs and operating expenses 2,586,747 2,608,135 6,924,108 6,984,260 Operating income 289,054 225,777 515,065 376,660 Interest expense, net (34,611) (36,516) (121,940) (120,151) Other income (expense), net 108,416 7,408 111,422 5,262 Income from continuing operations before income taxes 362,859 196,669 504,547 261,771 Income tax expense 62,014 27,560 130,345 42,180 Income from continuing operations 300,845 169,109 374,202 219,591 Loss from discontinued operations, net of tax — (1,329) — (258,519) Net income (loss) $ 300,845 $ 167,780 $ 374,202 $ (38,928) Earnings (loss) per common share - basic (a) Continuing operations $ 0.77 $ 0.43 $ 0.96 $ 0.56 Discontinued operations — — — (0.66) Total earnings (loss) per common share - basic $ 0.77 $ 0.43 $ 0.96 $ (0.10) Earnings (loss) per common share - diluted (a) Continuing operations $ 0.76 $ 0.43 $ 0.95 $ 0.56 Discontinued operations — — — (0.66) Total earnings (loss) per common share - diluted $ 0.76 $ 0.43 $ 0.95 $ (0.10) Weighted average shares outstanding Basic 390,915 389,218 390,529 389,001 Diluted 397,157 393,908 394,414 391,435 Cash dividends per common share $ 0.09 $ 0.09 $ 0.27 $ 0.27 Condensed Consolidated Statements of Operations (Unaudited) (In thousands, except per share amounts) Basis of presentation of condensed consolidated financial statements: VF operates and reports using a 52/53 week fiscal year ending on the Saturday closest to March 31 of each year. For presentation purposes herein, all references to the periods ended December 2025 relate to the 13-week and 39-week fiscal periods ended December 27, 2025, and all references to periods ended December 2024 relate to the 13-week and 39-week fiscal periods ended December 28, 2024. References to March 2025 relate to information as of March 29, 2025. (a) Amounts have been calculated using unrounded numbers. Q3’26 EARNINGS 24