VF Corporation Investor Presentation — July 2019

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EARNINGS PRESENTATION

SAFE HARBOR STATEMENT

Certain statements included in this presentation are "forward- looking statements" within the meaning of the federal securities l aws. Forward -looking statements are made based on our expectations and

beliefs concerning future events impacting VF and therefore involve several risks and uncertainties. You can identify these s tatements by the fact that they use words such as “will,” “anticipate,”

“estimate,” “expect,” “should,” and “may” and other words and terms of similar meaning or use of future dates. We caution tha t forward -looking statements are not guarantees and that actual results

could differ materially from those expressed or implied in the forward- looking statements. Potential risks and uncertainties tha t could cause the actual results of operations or financial condition of VF to

differ materially from those expressed or implied by forward- looking statements in this presentation include, but are not limite d to: risks associated with the spin -off of our Jeanswear business completed

on May 22, 2019, including the risk that VF will not realize all of the expected benefits of the spin -off; and the risk that the spin-off will not be tax -free for U.S. federal income tax purposes; the risk that

there will be a loss of synergies from separating the businesses that could negatively impact the balance sheet, profit margi ns or earnings of VF. There are also risks associated with the relocation of our

global headquarters and a number of brands to the metro Denver area, including the risk of significant disruption to our oper ations, the temporary diversion of management resources and loss of key

employees who have substantial experience and expertise in our business, the risk that we may encounter difficulties retainin g employees who elect to transfer and attracting new talent in the Denver

area to replace our employees who are unwilling to relocate, the risk that the relocation may involve significant additional costs to us and that the expected benefits of the move may not be fully

realized. Other risks include foreign currency fluctuations; the level of consumer demand for apparel, footwear and accessories ; disruption to VF’s distribution system; the financial strength of VF's

customers; fluctuations in the price, availability and quality of raw materials and contracted products; disruption and volat ility in the global capital and credit markets; VF's response to changing fashion

trends, evolving consumer preferences and changing patterns of consumer behavior, intense competition from online retailers, manufacturing and product innovation; increasing pressure on margins;

VF's ability to implement its business strategy; VF's ability to grow its international and direct -to-consumer businesses; VF’s and its vendors’ ability to maintain the strength and security of information