V F CORP

NOTE 7 —GOODWILL

Changes in goodwill are summarized by reportable segment and the "All Other" category as follows:

(a)"All Other" is included for purposes of reconciliation of goodwill, but it is not considered a reportable segment.

In connection with the realignment of the Company's segment reporting structure, the Company allocated goodwill related to Timberland PRO to the Timberland reporting unit as of the first day of the first quarter of Fiscal 2026. As a result of the change in reportable segments, the Company performed impairment assessments both before and after the segment change became effective, and no impairment of goodwill was identified. Balances as of March 2025 have been retrospectively adjusted to reflect the reallocation. Refer to Note 15 for additional information regarding the Company's reportable segments.

Accum ulated impairment charges for the Outdoor reportable segment were $730.2 millionas of September 2025 and March 2025. Accumulated impairment charges for the "All Other" category were $77.0 million and $138.8 million as of September 2025 and March 2025, respectively. During thethree months ended September 2025, accumulated goodwill impairment charges related to Dickies of $61.8 million, which were previously included in the "All Other" category, were reclassified to assets held-for-sale due to the planned divestiture of Dickies. The Dickies reporting unit goodwill was fully impaired as of the third quarter of Fiscal 2024. Refer to Note 4 for additional information regarding the planned divestiture. No impai rment charges were recorded during thesix months ended September 2025.

17 VF Corporation Q2 FY26 Form 10-Q