Please Fill in the boxes the references are provided below

Market Share % = Company Units Sold/Total Units Sold in the market X 100

Margin % = (Revenue - Cost)/Revenue x 100

IGNORE THE #DIV/0!

	Operating Margin %
Industry: 18	Y10 Actual	Y11 Actual	Y12 Actual	Y12 Projection	Variance vs.		Y12 Industry Average	Var. vs
Company:	Y11	Y12 Proj.		Y12 Actual
President:	+/- %	+/- %		+/- %
Total Company					#DIV/0!	#DIV/0!			#DIV/0!
North America					#DIV/0!	#DIV/0!			#DIV/0!
Europe-Africa					#DIV/0!	#DIV/0!			#DIV/0!
Asia-Pacific					#DIV/0!	#DIV/0!			#DIV/0!
Latin America					#DIV/0!	#DIV/0!			#DIV/0!

Y10

1/22/23, 7:30 PM BSG Decisions & Reports Industry 18 SCORING MEASURES Year 10 (practice) Earnings Per Share ($ per share) Earnings Per Share scores are based on a 20% (20-point) weighting. A bolded number indicates achievement of the investor expected EPS shown below each yearly column head. A highlighted number indicates best-in-industry performance. Game-To-Date EPS scores are based on a weighted average of the annual EPS performances Y11 Y12 Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 Wgt. Avg. Y10 Score G-T-D Score (2 50) (3.00) (3.50 (4.DD) (4.50) (5.25) (6.00 (7.DD) (8.50) (10.DD) (2.00) I.E. B-I-I I.E. B-I-I 2.00 2.00 2.00 2.00 2.00 988988988 2.00 2.00 2.00 2.00 Return On Equity (9%) Return On Equity scores are based on a 20% (20-point) weighting. A bolded number indicates achievement of the investor expected ROE shown below each yearly column head. A highlighted number indicates best-in-industry performance. Game-To-Date ROE scores are based on a weighted average of the annual ROE performances Y11 Y12 Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 Wgt. Avg. Y10 Score G-T-D Score 21.D) (22.0) (23.0) (24.0) (25.0) (26.0) (27.0) (28.0) (28.0) (30.0) (20.0) I.E. B-I-I I.E. B-I-I 20.0 20.0 20.0 20.0 20.0 BBBBBBBBB HIATMDOWD HIATMOORE 20.0 20.0 20.0 20.0 Stock Price ($ per share) Stock Price scores are based on a 20% (20-point) weighting. A bolded number indicates achievement of the investor expected stock price shown below each yearly column head. A highlighted number indicates best-in- industry performance. Game-To-Date scores are based solely on the most recent year's stock price. Y11 Y12 Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 Y10 Score G-T-D Score (40.00) (50.DD) (85.00) (80.00) (100.00) (125.00) (150.00) (180.00) (215.00) (250.00) I.E. B-I-I I.E. B-I-I HIATMCORP Footwear Industry Report Copyright @ GLO-BUS Software, Inc. Page 2 https:/www.bsg-online.com/users/program/v3/fir/page 1 2/101/22/23, 7:30 PM BSG Decisions & Reports Industry 18 SCORING MEASURES Year 10 (concluded) (practice) Credit Rating Credit Rating scores are based on a 20% (20-point) weighting. A bolded credit rating indicates achievement of the investor expected credit rating shown below each yearly column head. Game-To-Date credit rating scores are based solely on the most recent year's credit rating performance. Y11 Y12 Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 Y10 Score G-T-D Score (B+ ) (B+) (B+) (A-) (A-) (A-) ( A) (A) (A) (A ) I.E. B-I-I I.E. B-I-I BBBBBBBBB HIATMOONP HIATMOORE Image Rating Image Rating scores are based on a 20% (20-point) weighting. A bolded number indicates achievement of the investor expected image rating shown below each yearly column head. A highlighted number indicates best-in- industry performance. Game-To-Date scores are based on an average of the most recent three years. Y11 Y12 Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 Y8-Y10 Y10 Score G-T-D Score (70) (72) (72) (75) (75) (77) (80) (80) (80) Average I.E. B-1-1 I.E. B-I-I 70 70 HIATMDOWD HIATMOONS 70 Corporate Social Responsibility and Citizenship Corporate Responsibility Award Industry 18 Cash Outlays for Corporate mage Rating Points for Exemplary Corporate Citizenship Social Responsibility and Citizenship Generated from Total Dollars (50006) Per Unit Sold (5/unit) CSRC Expenditures Beginning in Year 14, the World Council for Exemplary Corporate Citizenship presents a distinguished award High Average Low High Average Low High Average Low to the company making the highest cash outlays as a Year 11 percentage of revenues for corporate social respons sibility and citizenship initiatives. Year 12 Year 13 Award Winner 2nd Place Year 14 Y14 Year 15 Y15 Year 16 Y16 Year 17 Y17 Year 18 Y18 Year 19 Y19 Year 20 Y20 Footwear Industry Report Copyright @ GLO-BUS Software, Inc. Page 3 https:/www.bag-online.com/users/program/v3/fir/page 1 3/10BSG Decisions & Reports 1/22/23, 7:30 PM Year 10 Industry 18 BONUS POINT AWARDS (practice) BULL'S EYE AWARD One bonus point added to any company's game-to-date score when actual performance on Total Revenues AND Earnings Per Share vary by no more for Accurately Forecasting Total Revenues, than 5% from projected performance AND when Image Rating varies by no Earnings Per Share, and Image Rating more than 4 points from the projected image rating. EPS (within + 5% or + 10#] Year 10 Cumu- Revenues (within+ 5%%) Image Rating (within + 4 points) Year 10 Year 10 Percent Year 10 Year 10 Percent Year 10 Year 10 Point Bull's Eye lative Forecast Actual Variance Forecast Actual Variance Forecast Actual Variance Award Awards 2.00 0.0% 70 70 No 432,646 432,646 0.0 % 2.00 432,646 432,646 0.0 % 2.00 2.00 0.0% 70 70 0 pls. No 0.0 % 2.00 2.00 No 432,646 0.0% 70 432,646 70 No 432,646 432,646 0.0 % 2.00 2.00 0.0% 70 70 0 pts. No HIATMOONP 432,646 432,646 0.0 % 2.00 2.00 0.0% 70 70 0 pts. HIATMOORE 432,646 432,646 0.0 % 2.00 2.00 0.0% 70 70 0 pts. No No 432,646 432,646 0.0 %% 2.00 2.00 0.0% 70 70 0 pts. 432,646 432, 646 0.0 % 2.00 2.00 0.0% 70 70 0 pls. No 432, 646 0.0 % 2.00 70 No 432,646 2.00 0.0% 70 Trends in Variances Between Projected and Actual Performance (company and Industry variances between projected and actual revenues, EPS, and Image rating) Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Industry 18-Largest Variance Average Smallest Company C Variance LEAP FROG AWARD Beginning in Year 12, one bonus point is added to the game-to-date overall score of the company whose current-year overall score is most improved for Most Improved Overall Score over the prior year. If all companies fail to improve their scores from one (current year to current year) year to the next, then no Leap Frog bonus is awarded. Current-Year Scores and Net Changes Cumu- Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 lative Y11 Y12 Score A Score A Score A Score A Score A Score A Score A Score A Score A Score Awards HIATMDOWD HIATMOONS A = net change in score between years Highlighted figure = Leap Frog Award winner Page 3b Footwear Industry Report Copyright @ GLO-BUS Software, Inc. 4/10 https://www.bag-online.com/users/program/v3/fin/page 11/22/23, 7:30 PM BSG Decisions & Reports Industry 18 INDUSTRY OVERVIEW Year 10 (practice) Materials Prices Standard Superior Notes Base Prices of Materials ($ per pair) $6.00 $12.00 Price - - Materials Usage 0.00 0.00 Adjustments Facilities Utilization 0.00 0.00 Materials Prices in Year 10 ($ per pair) $6.00 $12.00 Footwear Production and Sales North Europe Asia Latin Average America Africa Pacific America or Total Notes Superior Materials Usage 31% 0% 51% 0% 41% Utilization of Production Capability 111.6%% 0.0% 117.3% 0.0% 114.5% Branded - Pairs Available (0006) 21,789 18,540 13,905 13,905 68, 139 Demand- Forecast 21,150 18,000 13,500 13.500 66, 150 (0006 of pairs) Actual 21,150 18,000 13,500 13,500 66, 150 Pairs Sold (Internet + wholesale) 21,150 18,000 13,500 13.500 66, 150 Stockouts - No. of Companies 0 Unfilled Orders (0006) Private - Demand Forecast (000s of pairs) 1,800 1,800 1,800 1,800 1,200 Label Pairs Offered (0006) 1,800 1,800 1.800 1,800 7,200 Pairs Sold (000s) 1,800 1,800 1,800 1,800 7,200 Demand Forecast North Europe Asia Latin Global America Africa Pacific America Total Notes Branded Demand Year 11 22,419 19,080 14,850 14,850 71,199 Global demand for Y11-Y15 is expected to grow (intemet + wholesale) Year 12 23,760 20,223 16,335 16,335 76,653 by 7%-0% annually. slowing to 5%-7% during Y16-Y20. The projected growth rates are not Year 13 25, 182 21,438 17,973 17,973 82,566 the same for all regions, as shown in the table Private-Label Demand Year 11 1,998 1.998 2,034 2.034 8,064 a Player's Guide. Actual demand on page 5 of the Player's Gu Year 12 2,214 2,214 2.295 2.295 9,018 growth may vary above/below the forecast due Year 13 2.457 2.457 2 592 2.592 to stronger/weaker competitive efforts on the 10,098 part of rival companies. Supply / Demand Analysis Potential Footwear Suppy in Year 11 Expected Footwear Demand in Year 11 Analyals Beginning Year 11 Inventory 1,989 Branded Demand Forecast 71,199 Currently, there is a good balance between supply Potential Y11 Production (with OT) 86,400 Private-Label Demand Forecast 8,064 and demand, given available production capability. However, growth-minded companies should consider Potential Global Supply 88,389 Expected Global Demand 79,263 adding facility space andlor production equipment. Facility Space Production Equipment Year 10 Facility Space Construction of New Space Total Year 10 Production Equipment (000s of pairs available for prod. equipment) (Initiated In Y10 and available In Y11) Space (0006 of pairs available for production) N.A. E-A AP L.A. N.A. E-A A-P L.A. Available N.A. E-A A-P L.A. Total in Y11 5,000 6,00 11,000 4.000 4,000 8,000 5,000 6,000 11,000 4,000 4,000 8,000 5,000 6,000 11,000 4,000 4,000 8,000 5,000 6,000 11,000 4.000 4,000 8,000 4,000 HIATMOORE 5,000 6,000 11,000 HIATMPOPP 4,000 8,000 HIATMOORE oooooo ooo 5,000 6,000 o oooooo ooo 11.000 4,000 4,000 8,000 5,000 6,000 11,000 4,000 4,000 8,000 5,000 6,000 11,000 4,000 4,000 8,000 5,000 6,000 11,000 4,000 4,000 8,000 45,000 0 54,000 99,000 36,000 0 36,000 72,000 Footwear Industry Report Copyright @ GLO-BUS Software, Inc. Page 4 https://www.bsg-online.com/users/program/v3/fir/page 1 5/101/22/23, 7:30 PM BSG Decisions & Reports Industry 18 FINANCIAL PERFORMANCE SUMMARY Year 10 (practice) Income Statement Data 5000s) Net Sales Revenues Cost of Warehouse Marketing Admin Operating Interest Income Net Taxes Profit Internet Wholesale P-label Total Pairs Sold Expenses Expenses Expenses Profit Exp (Inc) 314,731 27,600 432,646 228,053 41,330 80.944 15,002 67,317 10,174 17,143 40,000 90,315 90,315 27,600 432,646 228,053 80,944 15,002 10,174 40,000 41,330 67,317 17,143 27,600 432,646 228,053 41,330 80.944 15,002 67,317 10,174 17,143 40,000 314,731 90, 315 314,731 27,600 432,646 228,053 41,330 80,944 15,002 67,317 10.174 17,143 40,000 228,053 41,330 80,944 15,002 67,317 10,174 17,143 40,000 HIATMOORE HIATMOOD 90,315 314,731 432,646 40,000 314,731 27,600 432,646 228,053 41,330 80,944 15,002 67,317 10,174 17,143 314,731 27,600 432,646 228,053 41,330 80,944 15,002 67 , 317 10,174 17,143 40,000 wow w w 314,731 27,600 432,646 228,053 41,330 80,944 15,002 67,317 10,174 17,143 40,000 314,731 27,600 432,646 228,053 41,330 80,944 15,002 67,317 10,174 17,143 40,000 90,315 314,731 27,600 432,646 228,053 41,330 80,944 15,002 67,317 10,174 17,143 40,000 Selected Balance Sheet Data ($000s) Assets Liabilities Shareholder Equity Cash Current Fixed Total Current Long-Term Total Beginning Stock Sale Earnings Ending Assets Assets Assets Liabilities Loans Liabilities Equity (Purchase) Retained Equity On Hand 6,074 97,778 244,710 342,488 35,288 97,200 132,488 190,000 20,000 210,000 97,778 244,710 342,488 35,288 97,200 132,488 190,000 20,000 210,000 6,074 97,778 244,710 342,488 35,288 97,200 132,488 190,000 20,000 210,000 6,074 6,074 97,778 244,710 342,488 35,288 97,200 132,488 190,000 20,000 210,000 244,710 342,488 35,288 97,200 132,488 190,000 20,000 210,000 HIATMCORP HIATMOORE 6,074 97,778 342,488 35,288 97,200 132,488 190,000 20,000 210,000 6,074 97,778 244,710 210,000 6,074 97,778 244,710 342,488 35,288 97,200 132,488 190,000 20,000 342,488 35,288 97,200 132,488 190,000 20,000 210,000 6,074 97,778 244,710 342,488 35,288 97,200 132,488 190,000 20,000 210,000 6,074 97,778 244,710 97,778 244,710 342,488 35,288 97,200 132,488 190,000 20,000 210,000 6,074 Selected Financial Statistics Profitability Measures Dividend Data Credit Rating Measures Shares Gross Operating Net Div. Per Total Div. Payout Interest Debt to Default Risk of Stock Risk of Current Days of Outstanding Profit Profit Profit Share Payment percent of Coverage Assets Default Ratio Inventory (0Ds d' shares) Margin Margin Margin (S(share) net profit) Ratio Ratio Ratio 20,000 50.0% 6.62 0.39 2.24 Medium 2.77 11 day 20,000 47.3% 15.6% 9.2% 1.00 15.6% 9.2% 1.00 20,000 50.0% 6.62 0.39 2.2 Medium 277 11 days 20,000 47.3% 47.3% 15.6% 3.2%% 1.00 20,000 50.0% 6.62 0.39 2.24 Medium 277 11 day5 20,000 1.00 20,000 50.0% 6.62 0.39 2.24 Medium 277 11 days 20,000 47.3% 15.6% 9.2% HIATMDOOD 15.6% 9.2% 1.00 20,000 50.0% 6.62 0.39 2.24 Medium 2.77 11 days 20,000 47.3% 15.6% 9.2% 50.0% 2.24 Medium 20,000 47.3% 1.00 20,000 6.62 0.39 2.77 11 days 2.77 9.2% 1.00 20,000 50.0% 6.62 0.39 2.24 Medium 11 days 20,000 47.3% 15.6% 20,000 47.3% 15.6% 9.2% 1.00 20,000 50.0% 6.62 0.39 2.24 Medium 2.77 11 days 15.6% 9.2% 1.00 20,000 50.0% 6.62 0.39 2.24 Medium 2.77 11 days 20,000 47.3% 2.24 2.77 11 days 20.000 47.3% 15.6% 9.2% 1.00 20,000 50.0% 6.62 0.39 Footwear Industry Report Copyright @ GLO-BUS Software, Inc. Page 5 3/10 https://www.bsg-online.com/users/program/v3/fin/page 11/22/23, 7:30 PM BSG Decisions & Reports Industry 18 PERFORMANCE BENCHMARKS Year 10 (practice) Production Benchmarks Industry 18 Company North America Low Average High Percentage of New Production Equipment 100% 100% 100% 100% Labor Total Regular Compensation (5 / worker / year) 41,657 41,657 41,657 41,657 Statistics Workforce Productivity (pairs / worker / year) 5,000 5,000 5.000 5,000 Production Labor Cost ($ per pair after rejects) 8.62 8.62 8.62 8.62 Supervisory Compensation ($/ supervisor / year) 60,000 60,000 60,000 60,000 Branded Superior Materials Usage 32% 32% 32% 32% Production TQM/6-Sigma Spending - Current (3/pair produced) 1.00 1.00 1.00 1.00 Cumulative (50006) 4,463 4.463 4,463 4,463 Total Production Cost ($ per pair produced) 23.98 23.98 23.98 23.98 Reject Rate 7.0% 7.0% 7.0% 7.0% Cost Per S/Q Star (total production cost per pair + SiQ rating) 5.99 5.99 5.99 6.00 Industry 18 Company Europe-Africa Low Average High C Percentage of New Production Equipment 0% Labor Total Regular Compensation (5 / worker / year) 0 Statistics Workforce Productivity (pairs / worker / year) 0 Production Labor Cost ($ per pair after rejects] 0.00 Supervisory Compensation (5/ supervisor / year) Branded - Superior Materials Usage 0% Production TQM/6-Sigma Spending - Current (3/pair produced) 0.00 Cumulative ($0006) Total Production Cost ($ per pair produced) 0.00 Reject Rate D.0% Cost Per S/Q Star (total production cost per pair + S/Q rating) 0.00 Industry 18 Company Asia-Pacific Low Average High C Percentage of New Production Equipment 0% 0% 0% 0% Labor Total Regular Compensation ($ / worker / year) 15, 109 15,109 15,109 15,109 Statistics Workforce Productivity (pairs / worker / year) 3.500 3.500 3.500 3.500 Production Labor Cost ($ per pair after rejects] 4.51 4.51 4.51 4.51 Supervisory Compensation (5/ supervisor / year) 25,000 25,000 25,000 25,000 Branded - Superior Materials Usage 54% 54% 54% 54% Production TQM/6-Sigma Spending - Current (3/pair produced) 0.90 0.90 0.90 0.90 Cumulative (50006) 4,224 4,224 4,224 4,224 Total Production Cost ($ per pair produced) 21.15 21.15 21.15 21.15 Reject Rate 10.0% 10.0% 10.0% 10.0% Cost Per S/Q Star (total production cost per pair + S/Q rating) 5.29 5.29 5.29 5.29 Industry 18 Company Latin America Low Average High C Percentage of New Production Equipment 0% Labor Total Regular Compensation ($/ worker / year) 0 Statistics Workforce Productivity (pairs / worker / year) 0 Production Labor Cost ($ per pair after rejects) 0.00 Supervisory Compensation ($/ supervisor / year) Branded - Superior Materials Usage 0% Production TQM/6-Sigma Spending - Current (S/pair produced) 0.00 Cumulative ($0006) Total Production Cost ($ per pair produced) 0.00 Reject Rate 0.0% Cost Per S/Q Star (total production cost per pair + S/Q rating) 0.00 Note: To protect individual companies from having competitively sensitive data revealed to rival companies, only the industry averages are reported for regions with 2 or 3 production facilities. Industry low and high numbers are reported only for regions with 4 or more production facilities. No benchmark data is reported for regions with only 1 production facility Footwear Industry Report Copyright @ GLO-BUS Software, Inc. Page 6 7/10 https://www.bsg-online.com/users/program/v3/fin/page11/22/23, 7:30 PM BSG Decisions & Reports Industry 18 PERFORMANCE BENCHMARKS Year 10 (concluded) (practice) Branded Operating Benchmarks Industry 18 Company North America Low Average High Distribution and Warehouse Costs ($ per pair available for sale) 6.12 6.12 6.12 6.12 Cost of Branded Pairs Sold (production, freight, x-rate cost adjustment) 24.98 24.98 24.98 24.98 Internet Segment -Marketing Expenses ($ per pair sold) 21.68 21.68 21.68 21.68 Operating Profit ($ per pair sold) 17.88 17.88 17.88 17.88 Operating Profit Margin 22.5% 22.5% 22.5% 22.5% Wholesale Segment Marketing Expenses ($ per pair sold) 8.26 8.26 8.26 8.26 Operating Profit ($ per pair sold) 8.80 8.80 8.80 8.80 Operating Profit Margin 18.3% 18.3% 18.3% 18.3% Industry 18 Company Europe-Africa Low Average High C Distribution and Warehouse Costs ($ per pair available for sale) 13.27 13.27 13.27 13.27 Cost of Branded Pairs Sold (production, freight, x-rate cost adjustment) 30.98 30.98 30.98 30.98 Internet Segment - Marketing Expenses ($ per pair sold) 23.33 23.33 23.33 23.33 Operating Profit ($ per palr sold) 15.15 15.15 15.15 15.15 Operating Profit Margin 17.9% 17.9% 17.9% 17.9% Wholesale Segment Marketing Expenses ($ per pair sold) 8.85 8.85 8.85 8.85 Operating Profit ($ per pair sold) 7.04 7.04 7.04 7.04 Operating Profit Margin 13.3% 13.3% 13.3% 13.3% Industry 18 Company Asia-Pacific Low Average High C Distribution and Warehouse Costs ($ per pair available for sale) 6.59 6.59 6.59 6.59 Cost of Branded Pairs Sold (production, freight, x-rate cost adjustment) 22.16 22.16 22.16 22.16 Internet Segment Marketing Expenses ($ per pair sold) 28.22 28.22 28.22 28.22 Operating Profit ($ per pair sold) 13.92 13.92 13.92 13.92 Operating Profit Margin 17.5% 17.5% 17.5% 17.5% Wholesale Segment Marketing Expenses ($ per pair sold) 8.84 8.84 8.84 8.84 Operating Profit ($ per pair sold) 10.51 10.51 10.51 10.51 Operating Profit Margin 21.9% 21.9% 21.9% 21.9% Industry 18 Company Latin America Low Average High Distribution and Warehouse Costs ($ per pair available for sale) 17.59 17.59 17.59 17.59 Cost of Branded Pairs Sold (production, freight, x-rate cost adjustment) 33.16 33.16 33.16 33.16 Internet Segment Marketing Expenses ($ per pair sold) 27.89 27.89 27.89 27.89 Operating Profit ($ per pair sold) 8.25 8.25 8.25 8.25 Operating Profit Margin 9.8% 9.8% 9.8% 9.8% Wholesale Segment Marketing Expenses ($ per pair sold) 8.51 8.51 8.51 8.51 Operating Profit ($ per pair sold) 4.84 4.84 4.84 4.84 Operating Profit Margin 9.1% 9.1% 9.1% 9.1% Private-Label Operating Benchmarks Industry 18 Company Low Average High C Cost Per Pair Sold (production, freight, tarts, x-rates) 27.93 27.93 27.93 27.93 North America Margin Over Direct Cost ($ per pair sold) +3.07 +3.07 +3.07 +3.07 Cost Per Pair Sold (production, freight, tarts, x-tates) 34.93 34.93 34.93 34.93 Europe-Africa Margin Over Direct Cost ($ per pair sold) +1.07 +1.07 +1.07 +1.07 Asia-Pacific Cost Per Pair Sold (production, freight, tarts, x-tales) 24.14 24.14 24.14 24.14 Margin Over Direct Cost ($ per pair sold) +6.86 +6.86 +6.86 +6.86 Cost Per Pair Sold (production, freight, tarts, x-mates) 35.14 35.14 35.14 35.14 Latin America Margin Over Direct Cost ($ per pair sold) +0.8 +0.86 +0.86 +0.86 Footwear Industry Report @ 2018 GLO-BUS Software, Inc. Page 7 https:/www.bsg-online.com/users/program/v3/fin/page 1 3/101/22/23, 7:30 PM BSG Decisions & Reports Industry 18 CELEBRITY ENDORSEMENTS AND INDUSTRY TRENDS Year 10 (practice) Celebrity Endorsements Most Recent Contract Offers Year 11 Consumer Appeal (letter In parens Indicates company that made offer) Gum of consumer appeal Indexes for Year 11 No. of Highest 2nd 3rd each company in the upcoming year Celebrity Contract Holder Offers Offer Highest Highest Co. N.A. E-A A-P LA. Judy Judge [unsigned] Kimmie Jimmel [unsigned] Bud Birke [unsigned] Jose Montana [unsigned] Samuelle Jackson [unsigned] HIOTMOnOP 000 0 00 0 0 Mars [unsigned] Steff Caraway [unsigned] oooooooooo DOC Jay XYZ [unsigned] Nunchuck Norris [unsigned] Roger Federation [unsigned] Avg. Nick Shavan [unsigned] Anderson Blooper [unsigned] Mic Jagermeister [unsigned] Pricing and S/Q Rating Trends NORTH AMERICA EUROPE-AFRICA - Internet Price - Wholesale Price - S/Q Rating - Internet Price - Wholesale Price - S/Q Rating $70 5.0* $75 5.0* $65 $70 4.5+ 4.51 $60 4.0* S/Q ROM 4.0* s/Q Rating Price $55 3.54 3.5* $50 $65 $45 3.0* $50 3.0* 10 11 12 13 14 15 16 17 18 19 20 10 11 12 13 14 15 16 17 18 19 20 Year Year ASIA-PACIFIC LATIN AMERICA - Internet Price - Wholesale Price - S/Q Rating - Internet Price - Wholesale Price - S/Q Rating $70 5.0# $75 5.0# $65 $70 4 5. 4.51 $60 $65 4.0* s/Q Rating S/Q Rating Price $55 3.5* 3.5* $50 $55 $45 0 11 12 13 14 15 16 17 18 19 20- 10 11 12 13 14 15 16 17 18 19 2030* Year Year Footwear Industry Report Copyright @ GLO-BUS Software, Inc. Page 8 https:/www.bag-online.com/users/program/v3/fir/page 1 /101/22/23, 7:55 PM BSG Decisions & Reports SCORING MEASURES Year 12 Industry 18 (practice) Earnings Per Share ($ per share) Earnings Per Share scores are based on a 20% (20-point) weighting. A bolded number indicates achievement of the investor expected EPS shown below each yearly column head. A highlighted number indicates best-in-industry performance. Game-To-Date EPS scores are based on a weighted average of the annual EPS performances Y11 Y12 Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 Wgt. Avg. Y12 Score G-T-D Score (2 50) 3.00) (3.50 (4.DD) (4.50) (5.25) (6.00 (7.DD) (8.50) (10.DD) (2.75) I.E. B-I-I I.E. B-I-I 1.79 3.27 2.53 11 1.90 1.87 1.89 5.1 5.95 5.54 1.51 3.42 2.46 HIATMOORE HIATMOOD 3.19 2.63 4.7 4.89 2.54 2.3 1.56 3.05 2.30 104 5.78 4.91 Return On Equity (9%) Return On Equity scores are based on a 20% (20-point) weighting. A bolded number indicates achievement of the investor expected ROE shown below each yearly column head. A highlighted number indicates best-in-industry performance. Game-To-Date ROE scores are based on a weighted average of the annual ROE performances Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 Wgt. Avg. Y12 Score G-T-D Score Y11 Y12 21.0 22.0) (23.0) (24.0) (25.0) (26.0) (27.0) (28.0) (28.0) (30.0) (22.0) I.E. B-I-I I.E. B-I-I 19.8 14 15. 23.2 16. 14.0 15.2 34.1 36.5 21.0 HIATMOORE HIATMCORP 2.8 20.7 37. 32.9 in in 20.6 20. 13.7 22 .5 18.5 32.2 33.2 32.8 Stock Price ($ per share) Stock Price scores are based on a 20% (20-point) weighting. A bolded number indicates achievement of the investor expected stock price shown below each yearly column head. A highlighted number indicates best-in- industry performance. Game-To-Date scores are based solely on the most recent year's stock price. Y11 Y12 Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 Y12 Score G-T-D Score (40.00) (50.DD) (65.00) (80.00) (100.00) (125.00) (150.00) (180.00) (215.00) (250.00) I.E. B-I-I I.E. B-I-I 11.74 52.41 14.51 13.25 143.24 153.00 11.86 46.20 NGENGORGE HIATMOOD HIATMOORE 21.74 38.89 128.54 112.89 26.30 26.59 12.03 36.67 103.06 141.99 Footwear Industry Report Copyright @ GLO-BUS Software, Inc. Page 2 2/10 https:/www.bsg-online.com/users/program/v3/fin/page11/22/23, 7:55 PM BSG Decisions & Reports Industry 18 SCORING MEASURES Year 12 (concluded) (practice) Credit Rating Credit Rating scores are based on a 20% (20-point) weighting. A bolded credit rating indicates achievement of the investor expected credit rating shown below each yearly column head. Game-To-Date credit rating scores are based solely on the most recent year's credit rating performance. Y12 Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 Y12 Score G-T-D Score (B+ ) (B+) (B+) (A-) (A-) (A-) ( A) (A) (A) (A ) I.E. B-I-I I.E. B-I-I B+ HIATMOORE PROPOPPY Image Rating Image Rating scores are based on a 20% (20-point) weighting. A bolded number indicates achievement of the investor expected image rating shown below each yearly column head. A highlighted number indicates best-in- industry performance. Game-To-Date scores are based on an average of the most recent three years. Y1 Y12 Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 Y10-Y12 Y12 Score G-T-D Score (70 (72) (72) (75) (77) (80) (80) (80) Average I.E. B-I-I I.E. B-I-I HIATMDOWD Corporate Social Responsibility and Citizenship Corporate Responsibility Award Industry 18 Cash Outlays for Corporate mage Rating Points for Exemplary Corporate Citizenship Social Responsibility and Citizenship Generated from Total Dollars (50006 Per Unit Sold (5/un) CSRC Expenditures Beginning in Year 14, the World Council for Exemplary Corporate Citizenship presents a distinguished award High Average Low High Average Low High Average Low to the company making the highest cash outlays as a Year 11 17,800 6,081 2.39 0.74 0.00 percentage of revenues for corporate social respons 2 0 27,280 9,014 400 2.21 0.87 sibility and citizenship initiatives. Year 12 0.05 Year 13 Award Winner 2nd Place Year 14 Y14 Year 15 Y15 Year 16 Y16 Year 17 Y17 Year 18 Y18 Year 19 Y19 Year 20 Y20 Footwear Industry Report Copyright @ GLO-BUS Software, Inc. Page 3 https:/www.bag-online.com/users/program/v3/fir/page 1 3/10BSG Decisions & Reports 1/22/23, 7:55 PM Year 12 Industry 18 BONUS POINT AWARDS (practice) BULL'S EYE AWARD One bonus point added to any company's game-to-date score when actual performance on Total Revenues AND Earnings Per Share vary by no more for Accurately Forecasting Total Revenues, than 5% from projected performance AND when Image Rating varies by no Earnings Per Share, and Image Rating more than 4 points from the projected image rating. Image Rating (within + 4 points) Year 12 Revenues (within +5%%) EPS (within + 5% or # 10#] Cumu- Year 12 Year 12 Point Bull's Eye lative Year 12 Year 12 Percent Year 12 Year 12 Percent Forecast Actual Variance Forecast Actual Variance Forecast Actual Variance Award Awards No 564,546 607,253 +7.6% 3.45 3.27 5.3 88 91 +3 pl5 473,045 -12.5% 3.12 1.87 -40.0% 72 65 -7 pts. No 540,389 91 4 pls. No 889,172 837,359 -5.8% 7.26 5.95 -18.1% 95 600, 758 537,543 -10.5% 4.63 3.42 -26.2% 73 67 -6 pls. No 4.47 3.19 -28.7% 84 79 -5 pls. No HIATMOONP HIATMOORE 729,398 653,114 -10.5 % 869,207 713,619 -17.9% 8.17 5.00 -38.8% 91 82 -9 pls. No No 708,076 623,173 -12.0% 4.46 2.75 -38.3% 80 73 -7 P 570,603 504,043 -11.7 % 4.24 3.05 -28.1% 72 69 pls. No 779,527 761,927 -2.3 % 6.65 5.78 -13.0% 85 84 -1 pts. No Trends in Variances Between Projected and Actual Performance (company and Industry variances between projected and actual revenues, EPS, and Image rating) Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Industry 18-Largest +1.0% +1.9% Variance Average -13.1 9% -13.4% Smallest -25.4 % -22.6% Company C Variance +0.7% -9.4 % LEAP FROG AWARD Beginning in Year 12, one bonus point is added to the game-to-date overall score of the company whose current-year overall score is most improved for Most Improved Overall Score over the prior year. If all companies fail to improve their scores from one (current year to current year) year to the next, then no Leap Frog bonus is awarded. Current-Year Scores and Net Changes Cumu- Y15 Y16 Y17 Y18 Y19 Y20 lative Y11 Y12 Y13 Y14 Score A Score A Score A Score A Score Awards Score A Score A Score A Score A Score A 87 59 108 82 HIATMDOWD HIATMDOWD 74 100 105 A = net change in score between years Highlighted figure = Leap Frog Award winner Copyright @ GLO-BUS Software, Inc. Page 3b Footwear Industry Report 4/10 https://www.bag-online.com/users/program/v3/fin/page 11/22/23, 7:55 PM BSG Decisions & Reports Industry 18 INDUSTRY OVERVIEW Year 12 (practice) Materials Prices Standard Superior Notes Base Prices of Materials ($ per pair) $6.00 $12.00 High industry-wide superior materials usage (52.5%) lead to superior materials Price - Materials Usage -0.38 +3.00 prices that were 25.0% above the base and standard materials prices that were Adjustments +0.19 +0.37 6.3% below the base. Industry-wide utilization of production capability was above Facilities Utilization 110% and resulted in materials price increases of 3.1% Materials Prices in Year 12 ($ per pair) $5.81 $15.37 Footwear Production and Sales North Europe Asia Latin Average America Africa Pacific America or Total Notes Superior Materials Usage 47% 0% 56% 63% 53% % usage up 10.5 points from Year 11. Utilization of Production Capability 114.7% 0.0% 111.4% 115.0% 113.1% - % usage down 0.2 points from Year 11. Branded - Pairs Available (0006) 31,817 23,704 19,807 19,613 94,941 18.7% higher than Year 12 demand. Demand- Forecast 24.687 20,648 16,727 16,727 78,789 From page 4 of FIR for Year 11. (0006 of pairs) Actual 25,200 20,880 16,956 16,965 80,001 Actual branded demand was 1.5% higher than forecast branded demand due to Pairs Sold (Internet + wholesale) 25,202 20,879 16,955 16,967 80,003 increased competitive intensity. Stockouts - No. of Companies Extent to which orders for branded pairs went unfilled due to inventory shortages at Unfilled Orders (0006) one or more companies. Private - Demand Forecast (000s of pairs) 2,214 2,214 2,295 2,295 9,018 - From page 4 of FIR for Year 11. Label Pairs Offered (0006) 2,610 2,287 2,861 2,300 10,058 Private-label pairs offered was higher than Pairs Sold (000s) 2, 166 2,214 2,216 2.243 8,839 actual private label demand by 10.3%. Demand Forecast North Europe Asia Latin Global America Africa Pacific America Total Notes Branded Demand Year 13 26,706 22,167 18,656 18,692 86,221 Global demand for Y11-Y15 is expected to grow (intemet + wholesale) Year 14 28,309 23,498 20,524 20,564 92,895 by 7%-0% annually. slowing to 5%-7% during Y16-Y20. The projected growth rates are not Year 15 30,008 24,912 22,580 22,623 100, 123 the same for all regions, as shown in the table Private-Label Demand Year 13 2,457 2.457 2.592 2.592 10,098 on page 5 of the Player's Guide. Actual demand Year 14 2,727 2,727 2 925 2.925 11,304 growth may vary from the forecast due to 3.303 3.303 stronger or weaker competitive efforts on the Year 15 3,024 3,024 12,654 part of rival companies. Supply / Demand Analysis Potential Footwear Suppy in Year 13 Expected Footwear Demand in Year 13 Analyals Beginning Year 13 Inventory 14,938 Branded Demand Forecast 86,221 Potential global supply (at max OT) in the upcoming Potential Y13 Production (with OT) 105,600 Private-Label Demand Forecast 10,098 rear is 25.1% greater than projected global demand. This much excess potential supply is certain to Potential Global Supply 120,538 Expected Global Demand 96,319 greatly intensify competition for the next few years and reduce industry profitability. It is advisable to NOT add more production capability at this time. Facility Space Production Equipment Year 12 Facility Space Construction of New Space Total Year 12 Production Equipment (oops of pairs available for prod. equipment) (Initiated In Y12 and available In Y13) Space (0006 of pairs available for production) N.A. E-A AP L.A. N.A. E-A A-P L.A. Available N.A. E-A AP L.A. Total in Y13 5,000 6,000 2.000 13,000 4,00 4,000 2,000 10,000 5,000 6,000 11,000 4,000 4,000 8,000 5.000 6,000 4.000 15,000 5,000 0 6,000 11,000 6,000 0 6,000 0 Doc 12,000 3,750 4,000 1,750 wooooooo 5,000 6,000 1,000 1,000 13,000 HIATMDORP 4,500 0 5,250 9,750 5,000 6,000 4.000 2,000 17.000 3,750 0 5,750 4.000 13,500 9,000 11,000 0 20,000 4.750 4,750 9,500 5,000 7,000 0 0 12,000 4,000 4,000 8,000 5,000 0 6,000 0 11,000 5,000 0 5,500 10,500 50,000 0 60,000 11,000 0 1,000 2,000 0 124,000 38,750 43,250 6,000 88,000 Footwear Industry Report Copyright @ GLO-BUS Software, Inc. Page 4 https://www.bsg-online.com/users/program/v3/fin/page 1 5/101/22/23, 7:55 PM BSG Decisions & Reports Industry 18 FINANCIAL PERFORMANCE SUMMARY Year 12 (practice) Income Statement Data 50009) Cost of Warehouse Marketing Admin Operating Interest Income Net Net Sales Revenues Total Profit Exp (Inc) Taxes Profit Internet Wholesale P-label Pairs Sold Expenses Expenses Expenses 300,705 59,782 121,875 21,656 103,235 9.386 28,155 65,694 155,367 399,900 51,986 607,253 125,815 347,230 473,045 257,007 43,927 96,691 15,304 60, 116 6,631 16,046 37,439 44,768 837,359 410,630 58,628 158,000 25,193 184,908 16.936 49,888 116,404 151,867 640,724 263,977 29,202 68, 137 397,606 18,058 9,903 139,937 537,543 48,030 100,236 107,242 HIATMOOUP 150,561 435,260 67,293 653, 114 347,097 57,823 120,211 18,629 109,354 15,928 26,907 62,782 HIATMOORE 527,926 56, 175 713,619 343,140 42,697 148,481 21,806 157,495 17,223 42,082 98, 190 115,544 29.658 23, 119 53,945 133,945 379,311 62,989 623, 173 330,104 55,129 114,015 17,203 106,722 125,977 354,381 23,685 504,043 252,844 45,982 88,800 18,305 98, 112 9,953 26 , 183 61,094 190,635 566,295 4,997 761,927 401,202 61,751 106, 143 17,805 175,026 9,773 49,576 115,677 32,351 75,485 143,294 449,848 34,655 634,564 322,967 52,639 117,161 19,329 122,468 13,932 Selected Balance Sheet Data ($000s) Assets Liabilities Shareholder Equity Fixed Stock Sale Earnings Cash Current Total Current Long-Term Total Beginning Ending Retained On Hand Assets Assets Assets Liabilities Loans Liabilities Equity (Purchase) Equity 206,010 293,970 499,980 51,510 132,900 184.410 249,876 0 65.694 315,570 83,895 50,426 183,462 207,050 390,512 39,633 65,400 105,033 248,040 37,439 285,479 190,976 394,077 391,746 785,823 89,506 317,800 407,306 304,246 36,268 110,539 378,517 286,797 152,584 243,556 396, 140 43,943 65,400 109,343 218,660 68,137 62,782 305,936 HIATMOORS 38,953 217,551 306,676 524,227 98,291 120,000 218,291 245,339 -2,185 256,809 427,379 684, 188 89,570 224,400 313,970 296,032 -22,041 96,227 370,218 3,740 170,939 464,234 635,173 83,284 266,300 349,584 240,532 -3,975 49,032 285,589 22,559 179,081 255,092 434,173 42,609 89,400 132,009 241,070 0 61,094 302, 164 256,537 524,077 52,280 65,400 117,680 290,720 0 115,677 406,397 46,800 267,540 316,249 541,588 65,625 149,667 215,292 259,391 -7,163 74,069 326,296 48,594 225,339 Selected Financial Statistics Profitability Measures Dividend Data Credit Rating Measures Shares Interest Debt to Default Risk of Stock Gross Operating Net Div. Per Total Div. Payout Risk of Current Days of Outstanding Profit Profit Profit Share Payment (percent of Coverage Assets Margin Margin Margin (share) (50006) net profit) Ratio Ratio Ratio Default Ratio Inventory (0DE d shares 4.00 13 days 20,119 50.5% 17.0% 10.8%% 0.00 0.0% 11.00 0.37 2.54 Medium 4.63 20,000 45.7% 12.7% 7.9% 0.00 0.0% 9.07 0.27 3.55 Medium 67 days 31 days 51.0% 22.1% Low 4 40 19,550 13.9% 0.30 5,865 5.0% 10.92 0.52 4.85 0.0% 10.83 0.28 2.05 Medium 347 72 days 19,950 50.9% 20.0% 12.7% 0.00 0 0.0% 6.87 0.42 1.77 High 2.2' 67 days 19,700 HIATMDOOD 46.9% 16.7% 9.6 % 0.00 HIATMOORE 51.9% 22.1% 13.8% 0.10 1,963 2.0% 9.14 0.46 5.10 Low 2.87 144 days 19,630 2 05 17.1% 0.25 4,913 9.1% 3.60 0.55 0.40 High 84 days 19,650 47.0% 8.7% 0.00 0.0% 9.86 0.30 3.95 Medium 4.20 99 days 20,000 49.8% 19.5% 12.1% 0 47.3% 23.0% 15.2% 0.00 0.0% 17.91 0.22 3.04 Medium 5.12 74 days 20,000 1.8% 9.91 0.38 3.03 3.66 72 days 19,844 49.1% 19.3% 11.9% 0.07 1,416 Copyright @ GLO-BUS Software, Inc. Page 5 Footwear Industry Report 3/10 https://www.bsg-online.com/users/program/v3/fin/page 11/22/23, 7:55 PM BSG Decisions & Reports Industry 18 PERFORMANCE BENCHMARKS Year 12 (practice) Production Benchmarks Industry 18 Company North America Low Average High Percentage of New Production Equipment 80% 97% 100% 100% Labor Total Regular Compensation (5 / worker / year) 34,340 41,897 46,905 45,687 Statistics Workforce Productivity (pairs / worker / year) 4,765 5.263 7 326 5.293 Production Labor Cost ($ per pair after rejects) 6.42 8.46 9.38 8.96 Supervisory Compensation ($/ supervisor / year) 60,600 61.685 64,896 62,424 Branded Superior Materials Usage 26% 50% 90% 56% Production TQM/6-Sigma Spending - Current (3/pair produced) 1.00 3.68 5.00 5.00 Cumulative ($0006) 9,529 34,067 56,620 56,620 Total Production Cost ($ per pair produced) 30.65 39.52 29.41 Reject Rate 1.5% 4.5% 9.0% 15% Cost Per S/Q Star (total production cost per pair + SiQ rating) 3.11 4.79 5.92 4.33 Industry 18 Company Europe-Africa Low Average High C Percentage of New Production Equipment 0% Labor Total Regular Compensation (5 / worker / year) 0 Statistics Workforce Productivity (pairs / worker / year) 0 Production Labor Cost ($ per pair after rejects] 0.00 Supervisory Compensation (5/ supervisor / year) Branded - Superior Materials Usage 0% Production TQM/6-Sigma Spending - Current (3/pair produced) 0.00 Cumulative ($0006) Total Production Cost ($ per pair produced) 0.00 Reject Rate D.0% Cost Per S/Q Star (total production cost per pair + S/Q rating) 0.00 Industry 18 Company Asia-Pacific Low Average High C Percentage of New Production Equipment 0% 16% 38% 33% Labor Total Regular Compensation ($ / worker / year) 13,792 15,559 19,005 19,005 Statistics Workforce Productivity (pairs / worker / year) 3.334 3.793 5 344 3.908 Production Labor Cost ($ per pair after rejects] 3.18 4.33 5.10 5.10 Supervisory Compensation (5/ supervisor / year) 25,250 25,730 27,040 26,010 Branded - Superior Materials Usage 26% 58% 90% 82% Production TQM/6-Sigma Spending - Current (3/pair produced) 0.90 3.62 5.00 5.00 Cumulative (50006) 8,251 38,557 70,200 70,200 Total Production Cost ($ per pair produced) 20.64 27.27 34.69 28.36 Reject Rate 1.5% 6.0% 9.1% 1.5% Cost Per S/Q Star (total production cost per pair + S/Q rating) 2.95 4.28 5.06 3.78 Industry 18 Company Latin America Low Average High C Percentage of New Production Equipment 0% 50% 100%% 0% Labor Total Regular Compensation ($ / worker / year) 12,120 13,241 14,362 0 Statistics Workforce Productivity (pairs / worker / year) 3,373 3.539 3.705 0 Production Labor Cost ($ per pair after rejects) 3.89 3.98 4.06 0.00 Supervisory Compensation (5 / supervisor / year) 25,250 25,503 25,755 Branded - Superior Materials Usage 40% 65% 90% 0% Production TQM/6-Sigma Spending - Current (S/pair produced) 1.90 3.45 5.00 0.00 Cumulative ($0006) 4,560 6,765 22,500 Total Production Cost ($ per pair produced) 21.83 28.28 34.72 0.00 Reject Rate 6.0% 6.3% 6.5% 0.0% Cost Per S/Q Star (total production cost per pair + S/Q rating) 2.84 3.65 4.45 0.00 Note: To protect individual companies from having competitively sensitive data revealed to rival companies, only the industry averages are reported for regions with 2 or 3 production facilities. Industry low and high numbers are reported only for regions with 4 or more production facilities. No benchmark data is reported for regions with only 1 production facility Footwear Industry Report Copyright @ GLO-BUS Software, Inc. Page 6 7/10 https:/www.bsg-online.com/users/program/v3/fir/page11/22/23, 7:55 PM BSG Decisions & Reports Industry 18 PERFORMANCE BENCHMARKS Year 12 (concluded) (practice) Branded Operating Benchmarks Industry 18 Company North America Low Average High Distribution and Warehouse Costs ($ per pair available for sale) 4.15 5.30 6.09 5.26 Cost of Branded Pairs Sold (production, freight, x-rate cost adjustment) 24.51 31.29 39.59 30.42 Internet Segment -Marketing Expenses ($ per pair sold) 15.45 21.80 29.26 19.96 Operating Profit ($ per pair sold) 12.60 21.40 39.74 28.88 Operating Profit Margin 15.9% 23.2% 32.4% 30.6% Wholesale Segment Marketing Expenses ($ per pair sold) 8. 16 11.95 21.38 13.19 Operating Profit ($ per pair sold) -0.02 5.93 9.77 8.31 Operating Profit Margin 0.0% 10.1% 16.6% 14.3% Industry 18 Company Europe-Africa Low Average High C Distribution and Warehouse Costs ($ per pair available for sale) 10.19 11.20 12.69 10.48 Cost of Branded Pairs Sold (production, freight, x-rate cost adjustment) 28.62 35.30 42.37 35.37 Internet Segment - Marketing Expenses ($ per pair sold) 18.36 21.46 27.33 18.38 Operating Profit ($ per pair sold) 20.52 29.42 46.91 40.17 Operating Profit Margin 20.9% 28.5% 37.1% 36.8% Wholesale Segment Marketing Expenses ($ per pair sold) 8.24 10.42 14.46 12.77 Operating Profit ($ per pair sold) 7.81 12.13 17.54 14.17 Operating Profit Margin 13.6% 18.6% 23.4%% 20.7% Industry 18 Company Asia-Pacific Low Average High C Distribution and Warehouse Costs ($ per pair available for sale) 4.60 6.02 6.67 6.17 Cost of Branded Pairs Sold (production, freight, x-rate cost adjustment) 22.09 27.98 35.05 29.29 Internet Segment Marketing Expenses ($ per pair sold) 18.45 26.71 40.55 23.39 Operating Profit (3 per pair sold) 8.98 23.28 41.85 36.13 Operating Profit Margin 9.7% 24.2% 34.7% 34.7% Wholesale Segment Marketing Expenses ($ per pair sold) 7.70 11.53 23.00 14.21 Operating Profit ($ per pair sold) 8.84 13.06 17.55 15.15 Operating Profit Margin 17.3% 22.0% 25.6% 23.3% Industry 18 Company Latin America Low Average High Distribution and Warehouse Costs ($ per pair available for sale) 5.27 12.35 15.15 14.57 Cost of Branded Pairs Sold (production, freight, x-rate cost adjustment) 23.90 35.73 41.75 38.72 Internet Segment Marketing Expenses ($ per pair sold) 19.23 27.55 40.91 21.65 Operating Profit ($ per pair sold) 12.52 27.78 42.88 40.85 Operating Profit Margin 11.8% 25.8% 35.0% 35.0% Wholesale Segment Marketing Expenses ($ per pair sold) 7.53 10.86 17.43 12.64 Operating Profit ($ per pair sold) 7.96 14.69 24.15 16.53 Operating Profit Margin 13.2% 21.4% 29.0% 22.3% Private-Label Operating Benchmarks Industry 18 Company Low Average High C Cost Per Pair Sold (production, freight, tarts, x-rates) 25.98 29.68 33.36 0.00 North America Margin Over Direct Cost ($ per pair sold) 4.51 +0.42 +5.86 0.00 Cost Per Pair Sold (production, freight, tarts, x-tales) 29.81 33.79 38.16 38.16 Europe-Africa Margin Over Direct Cost ($ per pair sold) +0.51 +3.69 +9.99 +0.88 Cost Per Pair Sold (production, freight, tarts, x-tales) 23.42 25.70 26.85 26.85 Asia-Pacific Margin Over Direct Cost ($ per pair sold) +2.95 +5.83 +9.54 +3.98 21.93 36.60 52.84 36.31 Latin America Cost Per Pair Sold (production, freight, tarts, x-rates) Margin Over Direct Cost ($ per pair sold) -12.35 +2.04 +8.01 +7.56 Footwear Industry Report @ 2018 GLO-BUS Software, Inc. Page 7 3/10 https:/www.bsg-online.com/users/program/v3/fin/page 11/22/23, 7:55 PM BSG Decisions & Reports Industry 18 CELEBRITY ENDORSEMENTS AND INDUSTRY TRENDS Year 12 (practice) Celebrity Endorsements Most Recent Contract Offers Year 13 Consumer Appeal (letter In parens Indicates company that made offer) sum of consumer appeal Indexes for Year 13 No. of Highest 2nd 3rd each company in the upcoming year Celebrity Contract Holder Offers Offer Highest Highest Co. N.A. E-A A-P LA. Judy Judge ICostaKickz 5,001 (G) 2,000 (1) 1,212 (C) Kimmie Jimmel Good Vibes FW 10,001 (G) 6,000 (H) 2,000 (1) Bud Birke Champion Wear 5,001 (G) 2,343 (C) 2,000 (1) 420 465 hooBoo Boodoo Jose Montana ICostaKickz 5,001 (G) 2,343 ( 2,000 (1) HIATMOnOP Samuelle Jackson Champion Wear 5,001 (G) 2343 ( 2,000 (1) Mars Good Vibes FW 10,001 (G) 2,343 ( 2,000 (1) 145 160 145 200 Steff Caraway Good Vibes FW 10,001 (G) 3,000 (H) 2,343 (C) 235 260 Jay XYZ Champion Wear 5,001 (G) 2,343 (C) 2,000 (1) Nunchuck Norris Champion Wear 22,000 (C) 10, 169 5,000 (H) 145 115 135 Roger Federation Champion Wear 22,000 (C) 6,000 ( 2,500 (F) Avg. 105 107 105 106 Nick Shavan Champion Wear 3 10,001 (C) 4,000 (H) 1,000 (F) Anderson Blooper FootPrints 10,001 ( 1,000 (F) 0 Mic Jagermeister FootPrints 22,000 (C) 5,000 (F) 1,000 (E) Pricing and S/Q Rating Trends NORTH AMERICA EUROPE-AFRICA - Internet Price - Wholesale Price - S/Q Rating - Internet Price - Wholesale Price - S/Q Rating 06S 6.5* $90 6.5* $80 6.0# 6.04 $70 5.5* s/Q Ring Price $ $70 5.04 2 5.0* 0 $60 $60 4.51 $50 A F $40 4.0+ $50 4.0* 10 11 12 13 14 15 16 17 18 19 20 10 11 12 13 14 15 16 17 18 19 20 Year Year ASIA-PACIFIC LATIN AMERICA - Internet Price - Wholesale Price - S/Q Rating - Internet Price - Wholesale Price - S/Q Rating $80 6.5# $90 6.5* 6.0+ 6.0* $70 5.5* s/O Rating * $70 Price 6.0+ 2 $50 $60 4.51 4.5 20 $50 4.0* $ 10 11 12 13 14 15 16 17 18 19 10 11 12 13 14 15 16 17 18 19 20- Year Year Footwear Industry Report Copyright @ GLO-BUS Software, Inc. Page 8 https:/www.bsg-online.com/users/program/v3/fin/page 11/22/23, 7:47 PM BSG Decisions & Reports Industry 18 SCORING MEASURES Year 11 (practice) Earnings Per Share ($ per share) Earnings Per Share scores are based on a 20% (20-point) weighting. A bolded number indicates achievement of the investor expected EPS shown below each yearly column head. A highlighted number indicates best-in-industry performance. Game-To-Date EPS scores are based on a weighted average of the annual EPS performances Y11 Y12 Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 Wgt. Avg. Y11 Score G-T-D Score (2.50) 3.00 (3.50 (4.DD) (4.50) (5.25) (6.00 (7.DD) (8.50) (10.DD) (2.50 I.E. B-I-I I.E. B-I-I 1.79 1.79 1.90 1.90 5.1 5.14 1.51 1.51 2.06 HIATMDORP HIATMCORP 1.77 4.77 2.34 2.34 1.55 1.55 4.04 4.04 Return On Equity (9%) Return On Equity scores are based on a 20% (20-point) weighting. A bolded number indicates achievement of the investor expected ROE shown below each yearly column head. A highlighted number indicates best-in-industry performance. Game-To-Date ROE scores are based on a weighted average of the annual ROE performances. Y11 Y12 Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 Wgt. Avg. Y11 Score G-T-D Score (21.0) 22.0) (23.0) (24.0) (25.0) (26.0) (27.0) (28.0) (28.0) (30.0) (21.0) I.E. B-I-I I.E. B-I-I 15.6 15.6 15 16.6 16.6 39.6 39.6 14.0 14.0 18.1 HIATMOORE HIATMOORE 18.1 37.4 37.4 20.6 20.6 13.7 13.7 32.2 32.2 Stock Price ($ per share) Stock Price scores are based on a 20% (20-point) weighting. A bolded number indicates achievement of the investor expected stock price shown below each yearly column head. A highlighted number indicates best-in- industry performance. Game-To-Date scores are based solely on the most recent year's stock price. Y11 Y12 Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 Y11 Score G-T-D Score (40.00) (50.DD) (85.00) (80.00) (100.00) (125.00) (150.00) (180.00) (215.00) (250.00) I.E. B-I-I I.E. B-I-I 11.74 14.51 143.24 11.86 ENROWNSNN ENDGANGNN HIATMDORP 21.74 128.54 26.30 12.03 103.06 Footwear Industry Report Copyright @ GLO-BUS Software, Inc. Page 2 https://www.bsg-online.com/users/program/v3/fir/page1 2/101/22/23. 7:47 PM BSG Decisions & Reports Industry 18 SCORING MEASURES Year 11 (concluded) (practice) Credit Rating Credit Rating scores are based on a 20% (20-point) weighting. A bolded credit rating indicates achievement of the investor expected credit rating shown below each yearly column head. Game-To-Date credit rating scores are based solely on the most recent year's credit rating performance. Y11 Y12 Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 Y11 Score G-T-D Score ( B + ) (B+) (B+) (A-) (A-) (A-) ( A) (A) (A) (A ) I.E. B-I-I I.E. B-I-I B+ HIATMCORP Grabanbad Image Rating Image Rating scores are based on a 20% (20-point) weighting. A bolded number indicates achievement of the investor expected image rating shown below each yearly column head. A highlighted number indicates best-in- industry performance. Game-To-Date scores are based on an average of the most recent three years. Y1 Y12 Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 Y9-Y11 Y11 Score G-T-D Score (70) (72) (72) (75) (75) (77) (80) (80) (80) Average I.E. B-1-I I.E. B-I-I HIATMOONS HIATMOOND Corporate Social Responsibility and Citizenship Corporate Responsibility Award Industry 18 Cash Outlays for Corporate mage Rating Points for Exemplary Corporate Citizenship Social Responsibility and Citizenship Generated from Total Dollars (50006 Per Unit Sold (5/unit) CSRC Expenditures Beginning in Year 14, the World Council for Exemplary Corporate Citizenship presents a distinguished award High Average Low High Average Low High Average Low to the company making the highest cash outlays as a Year 11 17,800 6,081 0 2.39 0.74 0.00 5 0 percentage of revenues for corporate social respons sibility and citizenship initiatives. Year 12 Year 13 Award Winner 2nd Place Year 14 Y14 Year 15 Y15 Year 16 Y16 Year 17 Y17 Year 18 Y18 Year 19 Y19 Year 20 Y20 Footwear Industry Report Copyright @ GLO-BUS Software, Inc. Page 3 https:/www.bag-online.com/users/program/v3/fir/page 1 3/10BSG Decisions & Reports 1/22/23, 7:47 PM Year 11 Industry 18 BONUS POINT AWARDS (practice) BULL'S EYE AWARD One bonus point added to any company's game-to-date score when actual performance on Total Revenues AND Earnings Per Share vary by no more for Accurately Forecasting Total Revenues, than 5% from projected performance AND when Image Rating varies by no Earnings Per Share, and Image Rating more than 4 points from the projected image rating. Revenues (within+ 5%) EPS (within + 5% or # 10#] Image Rating (within + 4 points) Year 11 Cumu- Bull's Eye lative Year 11 Year 11 Percent Year 11 Year 11 Percent Year 11 Year 11 Point Actual Variance Forecast Actual Variance Forecast Actual Variance Award Awards Forecast 449,028 399,311 -11.1 % 2.63 1.79 -31.9% 70 64 -6 pl5 No 1.90 No 470,958 457,708 -2.8% 2.31 -17.7% 70 67 -3 pls. Yes 734,454 746,837 +1.7 % 4.96 5.14 +3.6% 91 88 -3 pts. -6.9% 2.48 1.51 -39.0% 67 62 5 pls. No 444,575 414,028 No HIATMDOWD HIATMOORE 586,372 512,317 -12.6 % 3.18 2.08 -34.5% 83 75 -8 pls. 665,995 655,434 -1.6 % 5.07 4.77 5.9%% 85 83 -2 pls. No No 559,637 480,560 -14.1 % 3.61 2.34 -35.2% 81 71 -10 pts. 456,699 388,725 -14.9% 2.80 155 44.6% 72 60 -12 pts. No 84 -2 pls. No 674,119 637,770 -5.4 % 4.69 4.04 -13.9% 86 Trends in Variances Between Projected and Actual Performance (company and Industry variances between projected and actual revenues, EPS, and Image rating) Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Industry 18-Largest +1.0 % Variance Average -13.1 % Smallest -25.4 % Company C Variance +0.7 % LEAP FROG AWARD Beginning in Year 12, one bonus point is added to the game-to-date overall score of the company whose current-year overall score is most improved for Most Improved Overall Score over the prior year. If all companies fail to improve their scores from one (current year to current year) year to the next, then no Leap Frog bonus is awarded. Current-Year Scores and Net Changes Cumu- Y11 Y12 Y13 Y14 Y15 Y16 Y17 Y18 Y19 Y20 lative Score A Score A Score A Score A Score A Score A Score A Score A Score A Score Awards 109 54 HIATMDOWD HIATMDOWD 70 106 74 54 101 A = net change in score between years Highlighted figure = Leap Frog Award winner Page 3b Footwear Industry Report Copyright @ GLO-BUS Software, Inc. 4/10 https://www.bag-online.com/users/program/v3/fin/page 11/22/23, 7:47 PM BSG Decisions & Reports Industry 18 INDUSTRY OVERVIEW Year 11 (practice) Materials Prices Standard Superior Notes Base Prices of Materials ($ per pair) $6.00 $12.00 High industry-wide superior materials usage (42.0%) lead to superior materials Price - - Materials Usage -0.06 +0.48 prices that were 4.0%% above the base and standard materials prices that were 1.0% Adjustments Facilities Utilization +0.20 +0.40 below the base. Industry-wide utilization of production capability was above 110% and resulted in materials price increases of 3.3% Materials Prices in Year 11 ($ per pair) 56.14 $12.88 Footwear Production and Sales North Europe Asia Latin Average America Africa Pacific America or Total Notes Superior Materials Usage 38% 0% 46% 0% 42% - % usage up 0.8 points from Year 10. Utilization of Production Capability 113.3% 0.0% 113.3% 0.0% 113.3% - % usage down 1.2 points from Year 10. Branded - Pairs Available (0006) 26,894 21,833 17,770 17,365 83,862 14.8% higher than Year 11 demand Demand- Forecast 22,419 19,080 14.850 14,850 71,199 From page 4 of FIR for Year 10. (0006 of pairs) Actual 23,256 19,458 15, 183 15,183 73,080 Actual branded demand was 2.0% higher than forecast branded demand due to Pairs Sold (Internet + wholesale) 23,256 19,461 15,181 15,182 73,080 increased competitive intensity. Stockouts-No. of Companies Extent to which orders for branded pairs + went unfilled due to inventory shortages at Unfilled Orders (0006) one or more companies. Private - Demand Forecast (000s of pairs) 1,998 1,998 2,034 2,034 8,064 From page 4 of FIR for Year 10 Label Pairs Offered (0006) 2,304 2.461 2 768 1.998 9,531 Private-label pairs offered was higher than Pairs Sold (000s) 1.998 1,913 2.034 1.998 7,943 actual private-label demand by 15.4%. Demand Forecast North Europe Asia Latin Global America Africa Pacific America Total Notes Branded Demand Year 12 24,687 20,648 16,727 16,727 78,789 Global demand for Y11-Y15 is expected to grow (intemet + wholesale) Year 13 26, 164 21,888 18,404 18,404 84,860 by 7%-0% annually. slowing to 5%-7% during 27,735 23,202 20,248 20,248 91,433 Y16-Y20. The projected growth rates are not Year 14 the same for all regions, as shown in the table Private-Label Demand Year 12 2.214 2,214 2.295 2.295 9,018 on page 5 of the Player's Guide. Actual demand Year 13 2.457 2.457 2.592 2.592 10,098 growth may vary from the forecast due to stronger or weaker competitive efforts on the Year 14 2,727 2,727 2.925 2.925 11,304 part of rival companies. Supply / Demand Analysis Potential Footwear Suppy in Year 12 Expected Footwear Demand in Year 12 Analyals Beginning Year 12 Inventory 10,782 Branded Demand Forecast 8,789 Potential global supply (at max OT) in the upcoming Potential Y12 Production (with OT) 101,400 Private-Label Demand Forecast 9,018 rear is 27.8% greater than projected global demand. This much excess potential supply is certain to Potential Global Supply 112,182 Expected Global Demand 87,807 greatly intensify competition for the next few years and reduce industry profitability. It is advisable to NOT add more production capability at this time. Facility Space Production Equipment Year 11 Facility Space Construction of New Space Total Year 11 Production Equipment (ooos of pairs available for prod. equipment) (Initiated In Y11 and available In Y12) Space (0006 of pairs available for production) N.A. E-A AP L.A. N.A. E-A A-P L.A. Available N.A. E-A L.A. Total in Y12 5,000 6,00 2,000 13,000 4,000 4,000 0 8,000 5,000 6,000 11,000 4,000 4,000 8,000 5,000 6,000 4.000 15,000 5.000 6,000 11,000 5,000 6,000 ooo 1,000 oooooo 0 12,000 4,000 4,250 8,250 5,000 6,000 0 1,000 12,000 HIATMCORP 5.000 6,000 11,000 HIATMOOD HIATMOORE 5,000 6,000 4.000 15,000 4,000 5,750 9,750 5,000 6,000 4,000 0 5,000 20,000 4,750 4,750 9,500 5,000 6,000 0 0 1.000 12,000 4,250 4,250 8,500 5,000 6,000 11,000 5,000 0 5.500 10,500 45,000 0 54,000 5,000 0 6,000 11,000 121,000 40,000 44,500 84,500 Footwear Industry Report Copyright @ GLO-BUS Software, Inc. Page 4 https:/www.bsg-online.com/users/program/v3/fin/page1 5/101/22/23, 7:47 PM BSG Decisions & Reports Industry 18 FINANCIAL PERFORMANCE SUMMARY Year 11 (practice) Income Statement Data 5000s) Net Sales Revenues Cost of Warehouse Marketing Admin Operating Interest Income Net Internet Wholesale P-label Total Pairs Sold Expenses Expenses Expenses Profit Exp (Inc) Taxes Profit 87,004 289,692 22,615 399,311 203,020 39,097 79,402 17,750 60,042 8,708 15,400 35,934 100,900 328,035 28,773 457,708 253,847 43,864 81,789 15,150 63,058 8.708 16,305 38,045 168,548 531,789 40,950 746,837 389,178 57,396 127,633 18,550 154,080 8.708 43,612 101,760 30,038 87,600 298,911 26,264 414,028 226,627 40,099 79,879 15,803 51,620 8,708 12,874 8,708 17,639 41,159 HIATMOOWP HIATMOORE 99 , 156 350,000 63, 161 512,317 298,412 46,346 79,453 18, 150 69,956 136,227 481,753 31,041 655,434 339,664 50,365 104,804 16,903 143,698 8,708 40,497 94 493 338,481 38,599 480,560 259,182 45,545 83,767 17,049 75,017 8,708 19,893 46,416 103,480 201,339 37,959 77,337 18,654 53,436 8,708 13,284 30.997 74,913 292,435 20,800 388,725 637,770 351,467 55,581 89,075 17,651 123,996 8,708 34,586 80,702 163,828 473,942 280,304 46,250 89,238 17,296 88,323 8,708 23,788 55,505 113,517 376, 115 30,245 521,410 Selected Balance Sheet Data ($000s) Shareholder Equity Assets Liabilities Fixed Total Current Long-Term Total Beginning Stock Sale Earnings Ending Cash Current On Hand Assets Assets Assets Liabilities Loans Liabilities Equity (Purchase) Retained Equity 106,889 278,024 384,913 54,134 81,300 135,434 210,000 3,549 35,934 249,479 210,000 38,045 248,051 9,312 138,668 225,700 364,368 35,017 81,300 116,317 27. 198,267 360,650 558,917 58,819 196,400 255,219 210,000 -6,060 99,780 303,698 248,272 363,767 63,841 81,300 145,141 210,000 -1,504 10,088 218,626 115,495 159, 123 318,785 477,908 72,778 160,000 232,778 210,000 -6,060 41,159 245, 130 HIATMOORE 52,096 213,640 345,187 558,827 55,038 208,300 263,338 210,000 -6,060 91,523 295,489 36,516 240,440 141,728 501,534 643,262 255,972 146,850 402,822 210,000 -6,060 279,438 389, 124 38,850 109,300 148,150 210,000 30,997 240,974 109,686 178,443 271,072 449,515 77,531 81,300 158,831 210,000 80,702 290,684 394 465,622 79, 109 127,339 206,448 210,000 -2,466 51,638 259, 175 13,319 151,327 314,296 Selected Financial Statistics Profitability Measures Dividend Data Credit Rating Measures Shares Gross Operating Net Div. Per Total Div. Payout Interest Debt to Default Risk of Stock Coverage Assets Risk of Current Days of Outstanding Profit Profit Profit Share Payment percent of Margin Margin Margin (sshare) (50006) net profit Ratio Ratio Ratio Default Ratio Inventory (0DG d' shares) 6.90 0.35 3.50 Medium 1.97 39 days 20,119 49.2% 15.0% 9.0% 0.00 0.0% 44.5% 13.8% 8.3% 0.00 0.0% 7.24 0.32 3.59 Medium 3.96 17 days 20,000 47.9% 20.6% 13.6% 0.10 1,980 1.9% 7.69 0.46 8.01 Low 3.37 29 day5 19,800 12.5% 7.3% 1.00 19,950 66.2 0.40 45.3% 5.93 3.13 Medium 181 65 days 19,950 0.49 2.19 83 days 19,800 HIATMOOR 41.8% 13.7% 8.0% 0.00 0.0% 8.03 4.17 21.9% 0.15 2,970 3.1% 16.50 0.47 7.39 Low 3.8 14.4% 40 days 19,800 48.2% 0.55 76 days 19,800 46.1% 15.6% 9.7% 0.50 9,900 21.4%% 8.61 0.63 4.30 Low 48.2% 13.7% 8.0% 0.00 0 0.0% 6.14 0.38 3.23 Medium 2.82 64 days 20,000 Low 2.30 63 days 20,000 44.9% 19.4% 12.7% 0.00 0.0% 14.24 0.35 6.50 0.19 3,867 10.3% 10.14 0.43 4.87 2.54 55 days 19,919 46.2% 16.9% 10.6% Footwear Industry Report Copyright @ GLO-BUS Software, Inc. Page 5 3/10 https://www.bsg-online.com/users/program/v3/fin/page 11/22/23, 7:47 PM BSG Decisions & Reports Industry 18 PERFORMANCE BENCHMARKS Year 11 (practice) Production Benchmarks Industry 18 Company North America Low Average High Percentage of New Production Equipment 80% 97% 100% 100% Labor Total Regular Compensation (5 / worker / year) 34,000 10,589 13,615 41,033 Statistics Workforce Productivity (pairs / worker / year) 4,70 4.916 5.279 4,817 Production Labor Cost ($ per pair after rejects) 7.42 8.63 937 8.99 Supervisory Compensation ($/ supervisor / year) 60,000 60,733 62,400 $1,200 Branded Superior Materials Usage 10% 38% 62% 46% Production TQM/6-Sigma Spending - Current (S'pair produced) 1.00 3.03 5.00 5.00 Cumulative ($0006) 4,480 15,853 28,870 28,870 Total Production Cost ($ per pair produced) 21.48 27.15 32.86 29.73 Reject Rate 1.5% 5.0% 8.5% 2.8% Cost Per S/Q Star (total production cost per pair + SiQ rating) 4.53 5.26 6.93 4.57 Industry 18 Company Europe-Africa Low Average High C Percentage of New Production Equipment 0% Labor Total Regular Compensation (5 / worker / year) 0 Statistics Workforce Productivity (pairs / worker / year) 0 Production Labor Cost ($ per pair after rejects] 0.00 Supervisory Compensation (5/ supervisor / year) Branded - Superior Materials Usage 0% Production TQM/6-Sigma Spending - Current (3/pair produced) 0.00 Cumulative ($0006) Total Production Cost ($ per pair produced) 0.00 Reject Rate D.0% Cost Per S/Q Star (total production cost per pair + S/Q rating) 0.00 Industry 18 Company Asia-Pacific Low Average High C Percentage of New Production Equipment 0% 14% 33% 33% Labor Total Regular Compensation ($ / worker / year) 14,127 15,478 16,315 16,142 Statistics Workforce Productivity (pairs / worker / year) 3.330 3.552 3 812 3.544 Production Labor Cost ($ per pair after rejects] 4.28 4.52 4.77 4.77 Supervisory Compensation (5/ supervisor / year) 25,000 25,306 26,000 25,500 Branded - Superior Materials Usage 24% 46% 70% 56% Production TQM/6-Sigma Spending - Current (3/pair produced) 0.90 3.06 5.00 5.00 Cumulative (50006) 3,988 8,619 34,600 34,600 Total Production Cost ($ per pair produced) 19.76 23.82 30.14 27.30 Reject Rate 2.9% 6.9% 10.1% 4.0% Cost Per S/Q Star (total production cost per pair + S/Q rating) 3.95 4.65 6.37 4.01 Industry 18 Company Latin America Low Average High C Percentage of New Production Equipment 0% Labor Total Regular Compensation ($ /worker / year) 0 Statistics Workforce Productivity (pairs / worker / year) 0 Production Labor Cost ($ per pair after rejects) 0.00 Supervisory Compensation (5/ supervisor / year) Branded - Superior Materials Usage 0% Production TQM/6-Sigma Spending - Current (S/pair produced) 0.00 Cumulative ($0006) Total Production Cost ($ per pair produced) 0.00 Reject Rate 0.0% Cost Per S/Q Star (total production cost per pair + S/Q rating) 0.00 Note: To protect indiv