Kontoor Brands Appoints Michael Karapetian as Vice President of Corporate Development, Strategy, and Investor Relations

Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today announced the promotion of Michael Karapetian to Vice President of Corporate Development, Strategy, and Investor Relations.

Most recently, Karapetian was Vice President of Corporate Development. “We are pleased to announce the expansion of Mike’s role at Kontoor,” said Executive Vice President and Chief Financial Officer, Joe Alkire. “He has made significant contributions since joining the Company and we are confident he will continue to be a valuable partner and leader in the organization and help drive the next chapter of Kontoor’s value creation journey,” added Alkire.

Karapetian joined Kontoor in 2020 as Director of Corporate Finance. Prior to joining Kontoor, he worked in institutional asset management at Balyasny Asset Management and Citadel covering the global apparel, footwear, and retail sectors. Prior to joining Citadel, he served as an equity research analyst at Janney Capital Markets and Merrill Lynch. Karapetian will continue to report to Joe Alkire. He holds a B.S. in Chemical Engineering from Bucknell University.

About Kontoor Brands

Kontoor Brands, Inc. (NYSE: KTB) is a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands: Wrangler® and Lee®. Kontoor designs, manufactures and distributes superior high-quality products that look good and fit right, giving people around the world the freedom and confidence to express themselves. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long-term value for its stakeholders. For more information about Kontoor Brands, please visit www.KontoorBrands.com.

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Investors: Michael Karapetian, [phone] Vice President, Corporate Development, Strategy, and Investor Relations [e-mail]

Media: Julia Burge, [phone] Director, External Communications [e-mail]