CARTERS 401(K) SAVINGS PLAN Contribution & Employer Match

CARTERS 401(K) SAVINGS PLAN Average Participant Retirement Account Value

CARTERS 401(K) SAVINGS PLAN Estimated Average Employee Contribution Amount

• In accordance with the provisions of the Plan, participating eligible employees may contribute from 1% to 90% of eligible compensation on a pretax and/or Roth basis up to the annual maximum amount permitted by the Internal Revenue Service (IRS).
• Participants who have attained age 50 before the end of the Plan year are eligible to make catch-up contributions.
• Upon satisfying the Plan’s age and service requirements, eligible employees will be automatically enrolled in the Plan with a pretax contribution rate of 3% of their eligible Plan compensation as soon as administratively possible following the 90th day after the date the employee first becomes eligible to participate in the Plan.

• The Company may provide Employer-matching contributions on deferrals of eligible employee compensation made to the Plan.
• Employer-matching contributions were $8,699,549 for the year ended December 31, 2024.
• There were no profit sharing contributions made by the Company for the year ended December 31, 2024.

• Vesting for any Employer profit sharing contributions and for Employer-matching contributions for participants is based on years of vested service in alignment with the following schedule: Percent Vested Years of service: Less than one year 0% One year but less than two 25% Two years but less than three 50% Three years but less than four 75% Four years or more 100%