PVH Corp. Announces Executive Leadership Transition in Finance Department
New York, NY – March 11, 2025 – PVH Corp. (NYSE: PVH) has announced that James Holmes, Executive Vice President, Controller (Principal Accounting Officer), will be stepping down from his role effective April 30, 2025, to pursue other opportunities. Holmes will remain with the company until October 1, 2025, to support a smooth transition. His departure is not related to any disagreements regarding accounting principles, financial reporting, or internal controls.

New Appointment: Erik Graf as Executive Vice President, Corporate Controller
Effective May 1, 2025, Erik Graf, 48, will assume the role of Executive Vice President, Corporate Controller (Principal Accounting Officer). Graf has been with PVH since 2010 and has held positions of increasing responsibility within the finance organization. His most recent role was Senior Vice President, External Reporting and Accounting (since 2022). Previously, he served as Senior Vice President, Accounting from 2015 onward.

Compensation Package for Erik Graf:
Base Salary: $450,000 per year
Performance Bonus: Eligible for an annual cash bonus under PVH’s Performance Incentive Bonus Plan (target set at 50% of base salary)
Equity Compensation: Eligible to participate in the Stock Incentive Plan, with an expected annual long-term equity award of approximately $300,000
Additional Disclosures:
There is no arrangement or understanding between Graf and any other individual regarding his appointment.
Graf has no family relationships with PVH directors or executives.
No transactions between Graf and PVH require disclosure under Item 404(a) of Regulation S-K.
This leadership transition reflects PVH’s commitment to financial excellence and continuity within its finance and accounting organization.