On November 22, 2022, Levi Strauss & Co. (the “Company”), Levi Strauss & Co. (Canada) Inc. (“LS Canada”) and certain other subsidiaries of the Company, entered into a fifth amendment to its second amended and restated credit agreement (the “Amendment”) with JPMorgan Chase Bank, N.A., as Administrative Agent (the “Administrative Agent”), JPMorgan Chase Bank, N.A., Toronto Branch, as Multicurrency Administrative Agent (together with the Administrative Agent, the “Agents”), the lenders party thereto, which amends the existing Second Amended and Restated Credit Agreement, dated as of May 23, 2017, as amended by that certain Amendment No.

1 to Second Amended and Restated Credit Agreement dated as of October 23, 2018, that certain Amendment No. 2, dated as of January 5, 2021, that certain Amendment No. 3, dated as of July 22, 2021, and that certain Amendment No.

4, dated as of September 20, 2021 (as so amended, the “Existing Credit Agreement,” and, as further amended by the Amendment, the “Restated Credit Agreement”) by and among the Company, LS Canada, the other subsidiaries party thereto, the Agents, the lenders party thereto, and the other financial institutions and arrangers party thereto. The Restated Credit Agreement modifies certain terms of the Existing Credit Agreement including, among other changes (i) documenting the exercise of the $150,000,000 accordion option to increase the total available commitments to $1,000,000,000 in the aggregate and (ii) providing updates to underlying benchmark language to reflect the transition to a Secured Overnight Financing Rate (SOFR). The amendment to the Company's credit agreement provides greater access to liquidity and financial flexibility for the Company.