Abercrombie & Fitch : Q3 2021 Investor Presentation

INVESTOR PRESENTATION: THIRD QUARTER 2021

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

A&F cautions that any forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) contained in this presentation or made by management or spokespeople of A&F involve risks and uncertainties and are subject to change based on various important factors, many of which may be beyond the company's control. Words such as "estimate," "project," "plan," "believe," "expect," "anticipate," "intend," "should," "are confident," and similar expressions may identify forward-looking statements. Except as may be required by applicable law, we assume no obligation to publicly update or revise our forward-looking statements. Risks and uncertainties related to the duration and impact of the COVID-19 pandemic on the Company and the factors disclosed in "ITEM 1A. RISK FACTORS" of A&F's Annual Report on Form 10-K for the fiscal year ended January 30, 2021, in some cases have affected, and in the future could affect, the company's financial performance and could cause actual results for the 2021 fiscal year and beyond to differ materially from those expressed or implied in any of the forward-looking statements included in this presentation or otherwise made by management.

OTHER INFORMATION

The following presentation includes certain adjusted non-GAAP financial measures. Additional details about non-GAAP financial measures and a reconciliation of GAAP financial measures to non-GAAP financial measures is included in the news release issued by the company on November 23, 2021 which is available in the "Investors" section of the company's website, located at corporate.abercrombie.com. As used in the presentation, "GAAP" refers to accounting principles generally accepted in the United States of America. As used in the presentation, "Hollister" refers to the company's Hollister, Gilly Hicks, and Social Tourist brands and "Abercrombie" refers to the company's Abercrombie & Fitch and abercrombie kids brands. Sub-totals and totals may not foot due to rounding. Net income (loss) and net income (loss) per share financial measures included herein are attributable to Abercrombie & Fitch Co., excluding net income attributable to noncontrolling interests.

2

TABLE OF CONTENTS

Safe Harbor and Other Information	2
Company Overview	4
Focus Areas	7
Digital Evolution	11
Global Store Network Optimization	13
Q3 2021 Results	16
Financial Position, Liquidity & Capital Allocation	22
Appendix	28

COMPANY OVERVIEW

4

OUR FIVE GLOBAL BRANDS

COMPANY OVERVIEW

The quintessential apparel brand of the global teen consumer, Hollister Co.

believes in liberating the spirit of an endless summer inside everyone.

At Hollister, summer isn't just a season, it's a state of mind. Hollister creates carefree style designed to make all teens feel celebrated and comfortable in their own skin, so they can live in a summer mindset all year long, whatever the season.

Abercrombie & Fitch believes that every day should feel as exceptional

as the start of the long weekend. Since 1892, the brand has been a specialty

retailer of quality apparel, outerwear and fragrance - designed to inspire our global customers to feel confident, be comfortable and face their Fierce.

Hollister also carries a lifestyle brand, Gilly Hicks.	A global specialty retailer of quality, comfortable,	Social Tourist is the creative vision of Hollister,
At Gilly Hicks, we know everyone has their own	made-to-play favorites, abercrombie kids sees the	the teen brand liberating the spirit of an endless
unique happy place. We exist to help you find	world through kids' eyes, where play is life and	summer, and social media personalities Dixie and
yours. Gilly Hicks focuses on underwear,	every day is an opportunity to be anything and	Charli D'Amelio. The lifestyle brand creates trend
loungewear and activewear designed to give all Gen	better everything.	forward apparel that allows teens to experiment
Z customers their daily dose of happy.		with their style, while exploring the duality of who
		they are both on social media and in real life.

5