Susan Kropf, a member and the Chair of the Board of Directors of Tapestry, Inc. advised the Board and the Company on September 13, 2021 that, after over 15 years of service on the Board and reaching the age of 72, she would be retiring and thus would not stand for re-election to the Board at the Company’s annual meeting of stockholders for fiscal year 2021 (the “Annual Meeting”) on November 3, 2021. Ms. Kropf will continue to serve as a member and Chair of the Board until the Annual Meeting. In line with the Board’s succession planning, Anne Gates is expected to succeed Ms. Kropf as independent Chair of the Board, upon formal action of the Board following the Annual Meeting. Ms. Gates has served as a member of the Board since 2017 and is currently the Chair of the Audit Committee and a member of the Governance and Nominations Committee.