Corona Virus: North Face helps with 1 million euros

ANNOUNCEMENT COVID-19 EXPLORE FUND MOVING THE WORLD TOGETHER

For more than 50 years, we have been guided by our goal to inspire the world through adventure. A goal with the potential to empower and bring people together as individuals and as members of the global community. Right now we are not able to go out and enjoy nature together. That is right and important ! At the same time, people and organizations that enable adventure around the world are facing unprecedented challenges.

Through the Explore Fund our platform to support social and community relevant projects, we provide 1 million euros to help outdoor communities across Europe
to support. To ensure that our funds end up where the need is greatest, we work closely with national and local leaders. Now and in time
after the crisis. In addition, we are donating our TV advertising time in Europe in April to give health initiatives the opportunity to spread their important message at this crucial time.

"These are challenging times for all of us. Probably the most challenging are those who put their lives on the line every day in the fight against COVID-19," said Arne Arens, Global Brand President, The North Face. We have a responsibility to help and are proud to use our resources to support the people who now face the greatest risk.

As the fight against COVID-19 continues, we will continue to look for ways to do our part. To protect the health and well-being
of our employees , we have temporarily closed our stores. We are following the recommendations of local governments and will not reopen until then,
when it is safe and justifiable. We are confident and look forward to the day when we will be outside together again.