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A Message From Our President & CEO, Patrice Louvet In the current context, our purpose of inspiring the dream of a better life takes on new meaning. Our number one priority is the health and well-being of our employees, our customers, and the communities we serve. That is why we will temporarily close our stores across North America beginning Wednesday, March 18, through Wednesday, April 1. During this period, we will continuously assess the quickly evolving context around us. We will take into account the guidance of medical experts, global health organizations, and governments to determine the right time to return to business location by location. All of our team members impacted by this short-term closure will receive their standard pay for the full two weeks. These closures will not impact our online or mobile shopping—RalphLauren.com and The Polo App, as well as ClubMonaco.com, will remain open for business. We have taken additional steps to protect our teams in other areas of our business, like freezing all travel and asking teams to work from home when being in the office is not essential. We have also enforced social distancing, are deploying extra deep cleanings in all locations, and have put into place staggered work schedules in our distribution centers. I want to thank our teams all for their commitment and for coming together to navigate this uncertain time. As we face this challenge as a global community, our hope is to continue to be the beacon of optimism and unity that Ralph Lauren and our brands have always been to the world.