VF Corporation Investor Presentation — October 2018

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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 statements 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 that forward -looking statements are not

guarantees and that actual results could differ materially from those expressed or implied in the forward- looking statements. Po tential risks and uncertainties that 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 th is presentation include, but are not limited to: risks associated with

the proposed spin -off of our Jeanswear business, including the risk that the spin -offwill not be consummated within the antici pated time period or at all; the risk of disruption to our business in

connection with the proposed spin -off and that we could lose revenue as a result of such disruption; the risk that the companies resulting from the spin -off do not realize all of the expected

benefits of the spin -off; the risk that the spin -off will not be tax -free for U.S. federal income tax purposes; the risk that th ere will be a loss of synergies from separating the businesses that could

negatively impact the balance sheet, profit margins or earnings of both businesses; and the risk that the combined value of t he common stock of the two publicly -traded companies will not be

equal to or greater than the value of VF Corporation common stock had the spin -off not occurred. There are also risks associat ed 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 operations, the temporary diversion o f management resources and loss of key employees who have

substantial experience and expertise in our business, the risk that we may encounter difficulties retaining 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 t o VF’s distribution system; VF's reliance on a small number of large