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1 /5 - + 121% Y Short-term operating lease liabilities 237,142 Other accrued liabilities 477,001 380,722 Total current liabilities 1,548,882 1,167,204 Long-term debt 1,546, 700

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1 /5 - + 121% Y Short-term operating lease liabilities 237,142 Other accrued liabilities 477,001 380,722 Total current liabilities 1,548,882 1,167,204 Long-term debt 1,546, 700 1,006,745 Postretirement medical benefits 60,249 64,006 Pension liabilities 168,721 193,214 Long-term employee related benefits 94,654 84,957 Long-term operating lease liabilities 858,293 Other long-term liabilities 64,267 144,735 Total liabilities 4,341,766 2,660,861 Commitments and contingencies Stockholders' Equity: Levi Strauss & Co. stockholders' equity Common stock - $0.001 par value; 1,200,000,000 Class A shares authorized; 74,352,481 shares and 53,079,235 shares issued and outstanding as of November 29, 2020 and November 24, 2019, respectively; and 422,000,000 Class B shares authorized, 323,547,674 shares and 340,674,741 shares issued and outstanding, as of November 29, 2020 and November 24, 2019, respectively 398 394 Additional paid-in capital 626,243 657,659 Accumulated other comprehensive loss (441,446) (404,986 Retained earnings 1,114,280 1,310,464 Total Levi Strauss & Co. stockholders' equity 1,299,475 1,563,531 Noncontrolling interest 8,026 Total stockholders' equity 1,299,475 1,571,557 Total liabilities and stockholders' equity 5,641,241 $ 4,232,418 The accompanying notes are an integral part of these consolidated financial statements. 75

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