DECKERS OUTDOOR CORP

If our stockholders approve the Amendment, the forward stock split would become effective upon the filing and effectiveness of the Amendment with the Secretary of State of the State of Delaware. Assuming our stockholders approve the Amendment, it is expected this filing will take place on or about September 13, 2024, promptly following a determination by our Board, in its discretion, to proceed with effecting the stock split and authorized share increase. However, the exact timing of the filing of the Amendment will be determined by our Board based on its evaluation as to when and if such action will be the most advantageous to us and our stockholders. If our Board fails to implement the stock split and authorized share increase by the next Annual Meeting of Stockholders, stockholder approval would be required again prior to implementing the stock split. Our Board reserves the right, notwithstanding stockholder approval and without further action by our stockholders, to elect not to proceed with the stock split if, at any time prior to filing the Amendment, our Board, in its sole discretion, determines that it is no longer in our best interests and the best interests of our stockholders to proceed.

Upon filing and effectiveness of the Amendment with the Secretary of State of the State of Delaware effecting the forward stock split, the stock split shall occur without any further action on the part of us or our stockholders. Book-entries dated as of a date prior to the effective time of the stock split representing outstanding shares of common stock shall, immediately after the effective time of the stock split, represent a number of shares equal to the same number of shares of common stock as is reflected on the book-entries, multiplied bysix.