Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Departure of Senior Vice President of Sales

On March 20, 2023, YETI Holdings, Inc. ("YETI" or the "Company"), announced a realignment of its commercial and sales organization, which included, among other things, elimination of the position of Senior Vice President of Sales. As a result of this planned transition, on such date YETI terminated the employment of Kirk A. Zambetti, who has served as YETI's Senior Vice President of Sales since 2016. Mr. Zambetti will provide transition services as a consultant to the Company for a period of three months following the termination of his employment at a rate of $10,000 per month. In connection with the termination of his employment, Mr. Zambetti and the Company entered into a Separation Agreement pursuant to which Mr. Zambetti will receive the benefits to which he is entitled under YETI's Senior Leadership Severance Benefits Plan.

Following the realignment, all of YETI's commercial functions, including those previously performed by Mr. Zambetti, will be led by S. Faiz Ahmad, YETI's Chief Commercial Officer.

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