Capri Holdings Limited - Tapestry, Inc. Announces Definitive Agreement to Acquire Capri Holdings Limited, Establishing a Powerful Global House of Iconic Luxury and Fashion Brands

Unites Six Distinctive Brands, Expanding Portfolio Reach Across Consumer Segments, Geographies, and Product Categories Combined Company Generated Over $12 Billion in Revenue and Nearly $2 Billion in Adjusted Operating Profit in the Prior Fiscal Year Significant Cost Synergy Opportunity of Over $200 Million on a Run-Rate Basis Acquisition Expected to be Immediately Accretive to Tapestry’s EPS on an Adjusted Basis Tapestry Board of Directors Approves an Increase in the Company’s Dividend Link to I

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$8.14 Billion Luxury Fashion Group Tapestry Buys Capri Holdings

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Latham Watkins Advises Tapestry Inc in US8-5 Billion Acquisition

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