On December 13, 2023, V.F. Corporation detected unauthorized activity on a portion of its IT systems. A threat actor encrypted some IT systems and stole data, including personal data. The Company activated its incident response plan, engaged external cybersecurity experts, shut down some systems, and notified federal law enforcement. The incident has had and is reasonably likely to continue to have a material impact on business operations. Disclosed via Item 1.05 8-K filed December 18, 2023.