<SEC-DOCUMENT>0001760965-22-000034.txt : 20220624
<SEC-HEADER>0001760965-22-000034.hdr.sgml : 20220624
<ACCEPTANCE-DATETIME>20220624153955
ACCESSION NUMBER:		0001760965-22-000034
CONFORMED SUBMISSION TYPE:	11-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20211231
FILED AS OF DATE:		20220624
DATE AS OF CHANGE:		20220624

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Kontoor Brands, Inc.
		CENTRAL INDEX KEY:			0001760965
		STANDARD INDUSTRIAL CLASSIFICATION:	MEN'S & BOYS' FURNISHINGS, WORK CLOTHING, AND ALLIED GARMENTS [2320]
		IRS NUMBER:				832680248
		STATE OF INCORPORATION:			NC
		FISCAL YEAR END:			1228

	FILING VALUES:
		FORM TYPE:		11-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38854
		FILM NUMBER:		221039872

	BUSINESS ADDRESS:	
		STREET 1:		400 N. ELM STREET
		CITY:			GREENSBORO
		STATE:			NC
		ZIP:			27401
		BUSINESS PHONE:		(336) 332-3400

	MAIL ADDRESS:	
		STREET 1:		400 N. ELM STREET
		CITY:			GREENSBORO
		STATE:			NC
		ZIP:			27401
</SEC-HEADER>
<DOCUMENT>
<TYPE>11-K
<SEQUENCE>1
<FILENAME>ktb202111-k.htm
<DESCRIPTION>11-K
<TEXT>
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<title>Document</title></head><body><div id="i36f3aeaf0a0d4f2f9ff72d03f42d9c97_1"></div><div style="min-height:42.75pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:14pt;font-weight:700;line-height:120%">UNITED STATES</font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:14pt;font-weight:700;line-height:120%">SECURITIES AND EXCHANGE COMMISSION</font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Washington, D.C. 20549</font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:0.5pt solid #403a60;padding:0 1pt"></td></tr></table></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:18pt;font-weight:700;line-height:120%">FORM 11-K</font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:0.5pt solid #403a60;padding:0 1pt"></td></tr></table></div><div style="text-align:center"><font><br></font></div><div style="margin-bottom:7pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:459.75pt"><tr><td style="width:1.0pt"></td><td style="width:457.75pt"></td><td style="width:1.0pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#9745;</font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">  ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</font></div></td></tr></table></div><div style="margin-bottom:12pt;margin-top:7pt;text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">For the fiscal year ended December 31, 2021</font></div><div style="margin-bottom:7pt;margin-top:12pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:459.75pt"><tr><td style="width:1.0pt"></td><td style="width:457.75pt"></td><td style="width:1.0pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#9744;</font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">  TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</font></div></td></tr></table></div><div style="text-align:center"><font style="color:#403a60;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:400;line-height:120%">&#160;</font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">For the transition period from ______ to ______</font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Commission file number&#58; </font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">001-38854</font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> </font></div><div style="text-align:center"><font><br></font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:3pt"><td colspan="3" style="border-bottom:0.5pt solid #403a60;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:3pt;text-align:center"><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:459.75pt"><tr><td style="width:1.0pt"></td><td style="width:457.75pt"></td><td style="width:1.0pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">A.    Full title of the plan and the address of the plan, if different from that of the issuer named below&#58;</font></td></tr></table></div><div style="padding-left:6.75pt"><font><br></font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">KONTOOR BRANDS 401(k) SAVINGS PLAN</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:459.75pt"><tr><td style="width:1.0pt"></td><td style="width:457.75pt"></td><td style="width:1.0pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">B.    Name of issuer of the securities held pursuant to the plan and the address of its principal executive office&#58;</font></td></tr></table></div><div style="padding-left:6.75pt"><font><br></font></div><div style="padding-left:6.75pt"><font><br></font></div><div style="margin-top:3pt;text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Kontoor Brands, Inc.</font></div><div style="margin-top:3pt;text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">400 N. Elm Street</font></div><div style="margin-top:3pt;text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Greensboro, North Carolina 27401 </font></div><div style="text-align:center"><font><br></font></div><div style="margin-bottom:17pt;margin-top:17pt"><font><br></font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><div id="i36f3aeaf0a0d4f2f9ff72d03f42d9c97_4"></div><hr style="page-break-after:always"><div style="min-height:42.75pt;width:100%"><div><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_4" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline">Table of Contents</a></font></div></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">KONTOOR BRANDS 401(k) SAVINGS PLAN </font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Table of Contents</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:93.490%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:4.310%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403A60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Page</font></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_7" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline">Report of Independent Registered Public Accounting Firm</a></font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_7" style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">3</a></font></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403A60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Financial Statements&#58;</font></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_10" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline">Statements of Net Assets Available for Benefits</a><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_10" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline">&#58;</a><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_10" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline"> December&#160;31, 202</a><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_10" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline">1</a><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_10" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline"> and December 31, </a><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_10" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline">20</a><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_10" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline">20</a></font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_10" style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">4</a></font></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_13" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline">Statement of Changes in Net Assets Available for Benefits</a><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_13" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline">&#58;</a><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_13" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline"> Year Ended December&#160;31, 202</a><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_13" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline">1</a></font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_13" style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">5</a></font></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_16" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline">Notes to Financial Statements</a></font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_16" style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">6</a></font></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403A60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Supplemental Schedules&#58;</font></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_46" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline">Schedule H, Line 4i &#8211; Schedule of Assets (Held at End of Year)</a></font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_46" style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">11</a></font></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_49" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline">Exhibit Index</a></font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_49" style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">12</a></font></div></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_52" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline">Signature</a></font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_52" style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:none">13</a></font></div></td></tr></table></div><div><font><br></font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">2</font></div></div></div><div id="i36f3aeaf0a0d4f2f9ff72d03f42d9c97_7"></div><hr style="page-break-after:always"><div style="min-height:42.75pt;width:100%"><div><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_4" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline">Table of Contents</a></font></div></div><div style="margin-bottom:9pt"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</font></div><div style="text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Plan Administrator and Participants</font></div><div style="text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Kontoor Brands 401(k) Savings Plan</font></div><div style="text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Greensboro, North Carolina</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Opinion on the Financial Statements</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We have audited the accompanying statements of net assets available for benefits of the Kontoor Brands 401(k) Savings Plan (the &#8220;Plan&#8221;) as of December 31, 2021 and 2020, the related statement of changes in net assets available for benefits for the year ended December 31, 2021, and the related notes (collectively, the &#8220;financial statements&#8221;). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2021 and 2020, and the changes in net assets available for benefits for the year ended December 31, 2021, in conformity with accounting principles generally accepted in the United States of America.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Basis for Opinion</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">These financial statements are the responsibility of the Plan&#8217;s management. Our responsibility is to express an opinion on the Plan&#8217;s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (&#8220;PCAOB&#8221;) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Plan&#8217;s internal control over financial reporting. Accordingly, we express no such opinion.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our audits included performing procedures to assess the risk of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by the Plan&#8217;s management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Supplemental Information</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The supplemental information in the accompanying supplemental schedule H, line 4i - schedule of assets (held at end of year) as of December 31, 2021 has been subjected to audit procedures performed in conjunction with the audit of the Plan&#8217;s financial statements. The supplemental information is presented for the purpose of additional analysis and is not a required part of the financial statements but included supplemental information required by the Department of Labor&#8217;s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental information is the responsibility of the Plan&#8217;s management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor&#8217;s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole.</font></div><div style="margin-bottom:9pt;margin-top:9pt"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#47;s&#47; BDO USA, LLP</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We have served as the Plan&#8217;s auditor since 2020.</font></div><div style="text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Charlotte, North Carolina</font></div><div style="text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">June&#160;24, 2022</font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">3</font></div></div></div><div id="i36f3aeaf0a0d4f2f9ff72d03f42d9c97_10"></div><hr style="page-break-after:always"><div style="min-height:42.75pt;width:100%"><div><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_4" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline">Table of Contents</a></font></div></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">KONTOOR BRANDS 401(k) SAVINGS PLAN </font></div><div style="margin-bottom:9pt;text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS</font></div><div style="margin-bottom:15pt;margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.514%"><tr><td style="width:1.0%"></td><td style="width:61.118%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.399%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.891%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.399%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.399%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:16.894%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="border-left:0.5pt solid #ee7624;border-top:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #ee7624;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2021</font></td><td colspan="3" style="border-top:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2020</font></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#ee7624;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">ASSETS</font></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Investments, at fair value (Note 6) </font></td><td colspan="3" style="background-color:#ffffff;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">245,356,839&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">223,397,692&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Investments, at contract value (Note 7) </font></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,720,777&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15,670,208&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Notes receivable from participants</font></td><td colspan="3" style="background-color:#ffffff;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,932,191&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,037,679&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Participant contributions receivable</font></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">313,593&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">264,531&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Employer contributions receivable</font></td><td colspan="3" style="background-color:#ffffff;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">224,686&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Net assets available for benefits</font></td><td colspan="3" style="background-color:#eff3fa;border-bottom:0.5pt solid #ee7624;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td style="background-color:#eff3fa;border-bottom:0.5pt solid #ee7624;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#eff3fa;border-bottom:0.5pt solid #ee7624;border-top:0.5pt solid #403a60;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">263,548,086</font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#eff3fa;border-bottom:0.5pt solid #ee7624;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#eff3fa;border-bottom:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">243,370,110</font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:15pt"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The accompanying notes are an integral part of these financial statements.</font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">4</font></div></div></div><div id="i36f3aeaf0a0d4f2f9ff72d03f42d9c97_13"></div><hr style="page-break-after:always"><div style="min-height:42.75pt;width:100%"><div><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_4" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline">Table of Contents</a></font></div></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">KONTOOR BRANDS 401(k) SAVINGS PLAN </font></div><div style="margin-bottom:9pt;text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS</font></div><div style="margin-bottom:15pt;margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:79.163%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.467%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.386%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year Ended December 31, 2021</font></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #403a60;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Additions to net assets</font></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;border-top:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-top:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-right:0.5pt solid #ee7624;border-top:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net investment income</font></td><td colspan="3" style="background-color:#ffffff;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt 2px 14.5pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Interest and dividends</font></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#eff3fa;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,393,043&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#eff3fa;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 14.5pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net appreciation in the fair value of investments</font></td><td colspan="3" style="background-color:#ffffff;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">28,904,702&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt 2px 19.75pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total net investment income</font></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">33,297,745&#160;</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#eff3fa;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Interest income on notes receivable from participants</font></td><td colspan="3" style="background-color:#ffffff;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">199,292&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Contributions</font></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 14.5pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Participant contributions</font></td><td colspan="3" style="background-color:#ffffff;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,115,315&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt 2px 14.5pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Employer contributions</font></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,302,735&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#eff3fa;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 14.5pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Rollovers</font></td><td colspan="3" style="background-color:#ffffff;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,786,994&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt 2px 19.75pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total contributions</font></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">22,205,044&#160;</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#eff3fa;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 14.5pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total additions</font></td><td colspan="3" style="background-color:#ffffff;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">55,702,081&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deductions from net assets</font></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Benefits paid to participants</font></td><td colspan="3" style="background-color:#ffffff;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(35,196,626)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Administrative expenses</font></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(327,479)</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#eff3fa;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 14.5pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total deductions</font></td><td colspan="3" style="background-color:#ffffff;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(35,524,105)</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net increase in net assets</font></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,177,976&#160;</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#eff3fa;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net assets available for benefits&#58;</font></td><td colspan="3" style="background-color:#ffffff;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Beginning of year</font></td><td colspan="3" style="background-color:#eff3fa;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">243,370,110&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#eff3fa;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">End of year</font></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #ee7624;border-left:0.5pt solid #ee7624;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:0.5pt solid #ee7624;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:0.5pt solid #ee7624;border-top:0.5pt solid #403a60;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">263,548,086</font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;</font></td><td style="background-color:#ffffff;border-bottom:0.5pt solid #ee7624;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #ee7624;border-right:0.5pt solid #ee7624;padding:0 1pt"></td></tr></table></div><div style="margin-top:15pt"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The accompanying notes are an integral part of these financial statements.</font></div><div style="text-align:center"><font><br></font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">5</font></div></div></div><div id="i36f3aeaf0a0d4f2f9ff72d03f42d9c97_16"></div><hr style="page-break-after:always"><div style="min-height:51.75pt;width:100%"><div style="margin-top:9pt"><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:115%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_4" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:115%;text-decoration:underline">Table of Contents</a></font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:115%"> </font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">&#160;&#160;&#160;&#160;</font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">KONTOOR BRANDS 401(k) SAVINGS PLAN </font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Notes to Financial Statements&#160;</font></div></div><div style="text-align:center"><font><br></font></div><div id="i36f3aeaf0a0d4f2f9ff72d03f42d9c97_19"></div><div style="margin-bottom:9pt;text-align:justify"><font style="color:#ee7624;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 1 &#8212; DESCRIPTION OF THE PLAN</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following description of the Kontoor Brands 401(k) Savings Plan (the &#8220;Plan&#8221;) provides only general information. Participants should refer to the Plan document for a more complete description of the Plan&#8217;s provisions.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">General</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Plan, which is sponsored by Kontoor Brands, Inc. (the &#34;Company&#34; or &#34;Kontoor&#34;), is a defined contribution plan under Section 401(k) of the Internal Revenue Code (&#8220;IRC&#8221;) covering substantially all U.S. employees of Kontoor and its subsidiaries. The Company adopted the Plan on May 22, 2019. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (&#8220;ERISA&#8221;). The Plan administrator is the Kontoor Brands, Inc. Retirement Plans Committee (the &#8220;Committee&#8221; or &#34;Plan Administrator&#34;). </font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Eligibility</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Employees of the Company become eligible to participate in the Plan as of the first day of the month following the date of hire. </font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Contributions</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Under the initial plan design, participants could elect to contribute between 1% and 50% of their annual compensation on a pre-tax or Roth 401(k) basis or any combination of the two, as defined in the Plan, subject to certain IRC limitations. Participants who had attained age 50 before the end of the Plan year were eligible to make catch-up contributions up to 65% of their annual compensation, as defined by the Plan, subject to the IRC limitation on catch-up contributions. Effective March 1, 2021, the Plan was amended to increase the maximum participant deferral percentage from 50% to 75%, such that participants may elect to contribute between 1% and 75% of their annual compensation on a pre-tax or Roth 401(k) basis or any combination of the two, as defined in the Plan, subject to certain IRC limitations. Participants who have attained age 50 before the end of the Plan year are eligible to make catch-up contributions up to 75% of their annual compensation, as defined by the Plan, subject to the IRC limitation on catch-up contributions. Participants may also contribute amounts representing distributions from other qualified defined benefit or defined contribution plans.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Plan was initially established utilizing a safe harbor design under Internal Revenue Service (&#8220;IRS&#8221;) regulations in which employee pre-tax and employer matching contributions were not subject to discrimination testing, and the Company matched 100% of the first 6% of eligible compensation that a participant contributes to the Plan (&#34;safe harbor matching contributions&#34;). Effective March 23, 2020, the Plan was amended to suspend the Company's safe harbor matching contributions to the Plan on any eligible compensation paid after April 24, 2020. This amendment was subsequently reversed and the Company's safe harbor matching contributions to the Plan were reinstated effective January 1, 2021. </font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Plan includes an automatic enrollment feature known as an Eligible Automatic Contribution Arrangement (&#8220;EACA&#8221;). Under the Plan&#8217;s EACA provisions, if eligible employees do not elect to make pre-tax salary deferrals or Roth contributions or elect to opt out of EACA, the Plan will automatically withhold 2% of the participant's eligible earnings from each pay period and contribute that amount to the Plan as a pre-tax salary deferral contribution. </font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Participant Accounts</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Individual accounts are maintained by the Plan&#8217;s record-keeper for each Plan participant. Each participant&#8217;s account is credited with the participant&#8217;s contributions, the Company&#8217;s safe harbor matching contributions, and an allocation of investment funds&#8217; earnings. In addition, each participant's account is charged with an allocation of administrative expenses, investment funds&#8217; losses, and withdrawals, including benefit payments. Allocations are based on participant earnings or account balances, as defined within the Plan document. The benefit to which a participant is entitled is the benefit that can be provided from the participant&#8217;s vested account.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Vesting</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Participants immediately vest in their contributions, and in the Company&#8217;s safe harbor matching contributions, plus actual earnings thereon. </font></div><div style="margin-bottom:9pt;margin-top:9pt"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Investment Options</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Fidelity Management Trust Company (&#8220;Fidelity&#8221;) currently serves as trustee for all Plan investments. Participants may direct the investment of their contributions and the Company&#8217;s safe harbor matching contributions into one or more formal investment options offered by the Plan, including mutual funds, collective investment trusts, Kontoor Brands, Inc. Common Stock fund, a fully benefit-responsive investment contract and various other mutual funds and exchange-traded funds available through a self-directed brokerage account. Dividends paid on shares of Kontoor Brands, Inc. Common Stock in the Kontoor Brands, Inc. Common Stock fund are automatically reinvested in Kontoor Brands, Inc. Common Stock, unless participants elected to have dividends paid to them outside of the Plan in cash. The Plan was amended on March 1, 2021 to eliminate this cash distribution option.</font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">6</font></div></div></div><hr style="page-break-after:always"><div style="min-height:51.75pt;width:100%"><div style="margin-top:9pt"><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:115%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_4" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:115%;text-decoration:underline">Table of Contents</a></font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:115%"> </font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">&#160;&#160;&#160;&#160;</font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">KONTOOR BRANDS 401(k) SAVINGS PLAN </font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Notes to Financial Statements&#160;</font></div></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">If a participant does not direct the investment of contributions, they will be invested in the age-appropriate target date fund. Participants may change their deferral percentage and investment direction at any time.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Payment of Benefits</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Participants may withdraw the vested value of their accounts upon retirement, disability, death or termination of employment. Participants may elect to receive distributions in a lump sum or installments, or accounts may be rolled over into another IRS-approved tax deferral account. The Plan provides for mandatory distribution of account balances less than $5,000 following termination of employment with (i) the automatic rollover to an Individual Retirement Account (&#8220;IRA&#8221;) of any mandatory distributions exceeding $1,000 but equal to or less than $5,000 for which the participant does not elect a direct rollover to an IRA or another qualified plan&#59; or (ii) a direct payment to the participant of any mandatory distributions less than $1,000. Subject to certain limitations, in-service hardship withdrawals are permitted on demonstration of financial hardship, and in-service withdrawals of all fully vested balances are available for distribution after the participant reaches the age of 59 &#189;.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Forfeitures</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Forfeitures can be used to pay Plan expenses or to reduce safe harbor matching contributions. During the period from January 1, 2021 to December 31, 2021 (&#34;2021 Plan year&#34;), the Plan used $9,064 resulting from forfeitures to pay Plan expenses. </font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Notes Receivable from Participants</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Participants may borrow the lesser of $50,000 or 50% of their vested account balance. They may borrow only from their participant contribution and rollover account balances. Notes receivable are collateralized by the participant's vested account balance. Participants are charged interest at the Reuters prime rate plus one percent, based on the rate in effect on the first business day of the month in which funds are borrowed, and the interest rate is fixed for the term of the loan. Participants must repay the principal within 60 months, or 120 months if the loan is for the purchase of their primary residence. Loan payments are made through payroll deductions. At termination of employment, a participant may elect to continue paying their outstanding loan directly through Fidelity. Loan interest rates on participant loan balances ranged from 3.25% to 6.75% at December 31, 2021.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Plan Termination</font></div><div style="margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Although the Company has not expressed any intent to do so, it has the right under the Plan to discontinue its contributions at any time and to terminate or modify the Plan at any time, subject to the Plan provisions of applicable law. In the event of plan termination, participants will remain 100% vested in their accounts. </font></div><div style="margin-bottom:9pt;text-align:justify"><font><br></font></div><div id="i36f3aeaf0a0d4f2f9ff72d03f42d9c97_22"></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#ee7624;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 2 &#8212; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Basis of Accounting</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The financial statements of the Plan are prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (&#8220;U.S. GAAP&#8221;).</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Investment Valuation and Income Recognition</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Plan&#8217;s investments are reported at fair value, except for the fully benefit-responsive investment contract, which is reported at contract value. See Note 6 and Note 7 to the Plan's financial statements for additional information on investments measured at fair value and contract value, respectively. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Purchases and sales of securities, including gains and losses thereon, are recorded on a trade date basis. Dividends are recorded on the ex-dividend date, and interest is recorded on the accrual basis. Net appreciation in the fair value of investments includes realized gains (losses) from investments that were purchased and sold during the year as well as the net change in unrealized gains (losses) on investments held at year end. </font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Contributions</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Participants' contributions and the Company's safe harbor matching contributions are recorded in the period that the related payroll deductions are made.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Notes Receivable from Participants</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Notes receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest. The Plan considers a loan as in default if any repayment remains unpaid as of the last business day of the calendar quarter following the calendar quarter in which a loan is initially considered past due. Defaulted notes receivable from participants are deemed distributed and recorded as benefits paid to participants in the statement of changes in net assets available for benefits. Based on evaluation of current and expected conditions, no allowance for credit losses was recorded at December 31, 2021 or 2020.</font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">7</font></div></div></div><hr style="page-break-after:always"><div style="min-height:51.75pt;width:100%"><div style="margin-top:9pt"><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:115%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_4" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:115%;text-decoration:underline">Table of Contents</a></font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:115%"> </font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">&#160;&#160;&#160;&#160;</font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">KONTOOR BRANDS 401(k) SAVINGS PLAN </font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Notes to Financial Statements&#160;</font></div></div><div style="margin-bottom:9pt;margin-top:9pt"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Payment of Benefits</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Benefits paid to participants are recorded upon distribution.</font></div><div style="margin-bottom:9pt;margin-top:9pt"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Administrative Expenses</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Plan&#8217;s administrative expenses are paid by either the Plan or the Company, as provided by the Plan document. Expenses paid by the Company are excluded from these financial statements. Certain administrative functions of the Plan are performed by employees of the Company. No such employee receives compensation from the Plan. Each participant's account is charged with an allocation of the Plan's general administrative expenses. Allocations are based on participant earnings or account balances, as defined within the Plan document. Expenses relating to specific participant transactions such as notes receivable, distributions and investment advisory services are charged directly to the participant&#8217;s account. All allocated and participant-specific Plan expenses are included within administrative expenses in the statement of changes in net assets available for benefits. Investment management fees are recorded within net appreciation in the fair value of investments in the statement of changes in net assets available for benefits.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</font></div><div style="margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect certain reported amounts of assets, liabilities and changes therein, and disclosure of contingent assets and liabilities. Accordingly, actual results may differ from those estimates and assumptions.</font></div><div style="margin-bottom:9pt"><font><br></font></div><div id="i36f3aeaf0a0d4f2f9ff72d03f42d9c97_25"></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#ee7624;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 3 &#8212; TAX STATUS</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The IRS informed the Company, by a determination letter dated October 30, 2020, that the Plan was qualified under the appropriate sections of the IRC. The Plan was amended on March 1, 2021, to adopt a prototype non-standardized Plan document sponsored by Fidelity, who received an opinion letter from the IRS dated June 30, 2020, which states that the prototype plan is qualified under the appropriate sections of the IRC. The Plan Administrator believes that the Plan is currently designed and being operated in compliance with the applicable requirements of the IRC. Therefore, the Plan Administrator believes the Plan continues to be qualified.</font></div><div style="margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Plan Administrator has analyzed the tax positions taken by the Plan and has concluded that there are no uncertain positions taken or expected to be taken that would require recognition of a liability or asset or disclosure in the financial statements as of December 31, 2021 and 2020. The Plan is subject to routine audits by taxing jurisdictions&#59; however, there are currently no audits for any tax periods in progress.</font></div><div style="margin-bottom:9pt;text-align:justify"><font><br></font></div><div id="i36f3aeaf0a0d4f2f9ff72d03f42d9c97_28"></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#ee7624;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 4 &#8212; RISKS AND UNCERTAINTIES</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Plan provides for investment in mutual funds, collective investment trusts and a fully benefit-responsive investment contract, all of which invest in equity, fixed income, or other securities. The Plan also provides for investment in the Kontoor Brands, Inc. Common Stock fund and self-directed brokerage accounts. Investments are exposed to market, interest rate, credit and other risks. Due to the level of risk associated with certain investment securities and the level of uncertainty related to changes in the value of investment securities, it is at least reasonably possible that changes in risks in the near term would materially affect participants&#8217; account balances and the amounts reported in the statements of net assets available for benefits.</font></div><div style="margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The COVID-19 pandemic continues to impact global economic conditions and generate volatility in financial markets. The ultimate impacts of the pandemic on participants&#8217; account balances and the amounts reported in the statements of net assets available for benefits are uncertain and will depend on future developments, including the duration of the pandemic and the pace of economic recovery.</font></div><div style="margin-bottom:9pt;text-align:justify"><font><br></font></div><div id="i36f3aeaf0a0d4f2f9ff72d03f42d9c97_31"></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#ee7624;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 5 &#8212; RELATED PARTY AND PARTY-IN-INTEREST TRANSACTIONS</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following are transactions considered exempt party-in-interest transactions&#58;</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Certain plan investments are managed by Fidelity, who is the trustee as defined by the Plan. During the 2021 Plan year, total fees paid by the Plan directly to Fidelity were $192,975 for administrative services and $134,504 for investment advisory services. </font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Additionally, notes receivable from participants qualify as exempt party-in-interest transactions, as well as the Plan's investments in Kontoor Brands, Inc. Common Stock.</font></div><div style="margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Delinquent participant contributions also represent non-exempt party-in-interest transactions. Plan management did not identify any instances of delinquent participant contributions related to the Plan year ended December 31, 2021.</font></div><div style="margin-bottom:9pt;text-align:justify"><font><br></font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">8</font></div></div></div><div id="i36f3aeaf0a0d4f2f9ff72d03f42d9c97_34"></div><hr style="page-break-after:always"><div style="min-height:51.75pt;width:100%"><div style="margin-top:9pt"><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:115%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_4" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:115%;text-decoration:underline">Table of Contents</a></font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:115%"> </font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">&#160;&#160;&#160;&#160;</font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">KONTOOR BRANDS 401(k) SAVINGS PLAN </font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Notes to Financial Statements&#160;</font></div></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#ee7624;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 6 &#8212; INVESTMENTS MEASURED AT FAIR VALUE</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Accounting standards provide a three-level fair value hierarchy that prioritizes inputs to valuation techniques used to measure and report financial assets and financial liabilities at fair value. Categorization within the valuation hierarchy is based on the lowest level of any input that is significant to the fair value measurement. The hierarchy is based on the observability and objectivity of the pricing inputs, as follows&#58;</font></div><div style="margin-bottom:9pt;margin-top:9pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:14.85pt">Level 1 &#8212; Quoted prices for identical assets or liabilities in active markets accessible by the Plan.</font></div><div style="margin-bottom:9pt;margin-top:9pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:14.85pt">Level 2 &#8212; Significant directly observable data (other than Level 1 quoted prices) or significant indirectly observable data through corroboration with observable market data. Inputs would normally be (i) quoted prices in active markets for similar assets or liabilities, (ii) quoted prices in inactive markets for identical or similar assets or liabilities or (iii) information derived from or corroborated by observable market data.</font></div><div style="margin-bottom:9pt;margin-top:9pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:14.85pt">Level 3 &#8212; Prices or valuation techniques that require significant unobservable data inputs.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following is a description of the valuation methodologies used for the underlying assets of the Plan measured at fair value.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Mutual funds &#8211; Mutual funds represent investments with various investment managers. The mutual funds are valued at the daily closing net asset value (&#34;NAV&#34;) per share as reported by the fund. Mutual funds held by the Plan are registered with the Securities and Exchange Commission. These funds are required to publish their daily NAV and to transact at that price. The mutual funds held by the Plan are deemed to be actively traded.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Self-directed brokerage accounts &#8211; These accounts may include mutual funds, common stock and exchange-traded funds, all of which are valued at the closing price reported in the active market in which the securities are traded. Short-term investments held in these accounts are mutual funds valued as noted above.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Kontoor Brands, Inc. Common Stock fund &#8211; This is a unitized fund which invests in Kontoor Brands, Inc. Common Stock and short-term investments. The Plan owns units in the underlying investments of the fund. Kontoor Brands, Inc. Common Stock is valued at the closing price reported in the active market in which the security is traded. Short-term investments held by the fund are mutual funds valued as noted above.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Collective investment trusts &#8211; These funds are valued at the NAV per share of the individual collective trusts included in each respective fund. The NAV, as provided by the trustee, is used as a practical expedient to estimate fair value. The NAV is based on the fair value of the underlying investments held by the fund that are traded in an active market, less its liabilities. This practical expedient is not used when it is determined to be probable that the fund will sell the investment for an amount different than the reported NAV.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preceding methods described may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, although the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font><br></font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">9</font></div></div></div><hr style="page-break-after:always"><div style="min-height:51.75pt;width:100%"><div style="margin-top:9pt"><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:115%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_4" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:115%;text-decoration:underline">Table of Contents</a></font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:115%"> </font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">&#160;&#160;&#160;&#160;</font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">KONTOOR BRANDS 401(k) SAVINGS PLAN </font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Notes to Financial Statements&#160;</font></div></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table presents the underlying investments in the Plan as of December 31, 2021&#58;</font></div><div style="margin-bottom:15pt;margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:40.420%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.935%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.935%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.935%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.939%"></td><td style="width:0.1%"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" rowspan="2" style="padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Fair Value Measurements</font></td></tr><tr style="height:9pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="6" rowspan="2" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Total Investments</font></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #403a60;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Level 1</font></td><td colspan="3" style="border-top:0.5pt solid #403a60;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #403a60;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Level 2</font></td><td colspan="3" style="border-top:0.5pt solid #403a60;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #403a60;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Level 3</font></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Investments at fair value</font></td><td colspan="3" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Mutual funds</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">106,178,291&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">106,178,291&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Self-directed brokerage accounts</font></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">12,858,982&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">12,858,982&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#8212;&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#8212;&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Kontoor Brands, Inc. Common Stock fund</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">6,372,625&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">6,372,625&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Total Plan investments in the fair value hierarchy</font></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">125,409,898&#160;</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">125,409,898&#160;</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#8212;&#160;</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#8212;&#160;</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #403a60;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #403a60;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #403a60;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #403a60;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Investments measured at net asset value</font></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Collective investment trusts </font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:115%;position:relative;top:-3.15pt;vertical-align:baseline">(a)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">119,946,941&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Total Plan investments at fair value</font></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td style="background-color:#eff3fa;border-bottom:3pt double #403a60;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#eff3fa;border-bottom:3pt double #403a60;border-top:0.5pt solid #403a60;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">245,356,839&#160;</font></td><td style="background-color:#eff3fa;border-bottom:3pt double #403a60;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td></tr></table></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table presents the underlying investments in the Plan as of December 31, 2020&#58;</font></div><div style="margin-bottom:4pt;margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:40.420%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.935%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.935%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.935%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.939%"></td><td style="width:0.1%"></td></tr><tr style="height:5pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="15" rowspan="2" style="padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Fair Value Measurements</font></td></tr><tr style="height:9pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="6" rowspan="2" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Total Investments</font></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #403a60;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Level 1</font></td><td colspan="3" style="border-top:0.5pt solid #403a60;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #403a60;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Level 2</font></td><td colspan="3" style="border-top:0.5pt solid #403a60;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #403a60;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Level 3</font></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Investments at fair value</font></td><td colspan="3" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Mutual funds</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">97,955,472&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">97,955,472&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Self-directed brokerage accounts</font></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">12,763,101&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">12,763,101&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#8212;&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#8212;&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Kontoor Brands, Inc. Common Stock fund</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">4,772,061&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">4,772,061&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Total Plan investments in the fair value hierarchy</font></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">115,490,634&#160;</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">115,490,634&#160;</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#8212;&#160;</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">&#8212;&#160;</font></td><td style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #403a60;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #403a60;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #403a60;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #403a60;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:115%">Investments measured at net asset value</font></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Collective investment trusts </font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:5.85pt;font-weight:400;line-height:115%;position:relative;top:-3.15pt;vertical-align:baseline">(a)</font></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">107,907,058&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">Total Plan investments at fair value</font></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td style="background-color:#eff3fa;border-bottom:3pt double #403a60;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">$</font></td><td style="background-color:#eff3fa;border-bottom:3pt double #403a60;border-top:0.5pt solid #403a60;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:115%">223,397,692&#160;</font></td><td style="background-color:#eff3fa;border-bottom:3pt double #403a60;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td></tr></table></div><div style="margin-top:4pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(a)</font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> Participant transactions including purchases and sales may occur daily. Redemptions for collective investment trusts are permitted with no other restrictions or notice periods, and there are no unfunded commitments.</font></div><div style="margin-bottom:9pt;text-align:justify"><font><br></font></div><div id="i36f3aeaf0a0d4f2f9ff72d03f42d9c97_37"></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#ee7624;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 7 &#8212; INVESTMENTS MEASURED AT CONTRACT VALUE</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The Plan entered into a fully benefit-responsive investment contract with New York Life Insurance Company (&#34;NYL&#34;) to establish the NYL Anchor Account, which was made available as an investment option to Plan participants effective May 1, 2020. The NYL Anchor Account is a group annuity contract. Contributions to the contract are held in a pooled separate account that invests primarily in a diversified portfolio of high-quality, fixed income securities, which are owned and managed by NYL. NYL is contractually obligated to repay the principal and accumulated interest to the Plan. Interest is accrued daily and credited monthly at rates determined by NYL under the contract based on the investment experience of the pooled separate account. The crediting interest rate is reset at least annually and not more frequently than daily, and guaranteed by NYL to not be less than zero.</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The NYL Anchor Account meets the fully benefit-responsive investment contract criteria and is therefore reported at contract value in the statements of net assets available for benefits. Benefit responsiveness is defined as the extent to which a contract&#8217;s terms and the Plan permit or require participant-initiated withdrawals at contract value. Contract value, as reported to the Plan by NYL, represents contributions made under the contract, plus earnings, less participant withdrawals and administrative expenses.</font></div><div style="margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Participants may ordinarily direct the withdrawal or transfer of all or a portion of their investments at contract value. Certain events would limit the ability of the Plan to transact at contract value with NYL, including&#58; (i) termination of the Plan's interest by the Plan Administrator with less than twelve months' notice, (ii) termination of the Plan's interest due to loss of qualified status, or (iii) withdrawals and transfers of more than five percent of amounts held under the contract due to a Plan Administrator event including, but not limited to, a total or partial plan termination, merger, spin-off, lay-off, early retirement incentive program, sale or closing of all or part of the Plan sponsor's operations, bankruptcy or receivership. The Plan Administrator does not believe that any events which would limit the Plan's ability to transact at contract value with participants are probable of occurring.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">10</font></div></div></div><div id="i36f3aeaf0a0d4f2f9ff72d03f42d9c97_46"></div><hr style="page-break-after:always"><div style="min-height:42.75pt;width:100%"><div><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_4" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline">Table of Contents</a></font></div></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">KONTOOR BRANDS 401(k) SAVINGS PLAN </font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Schedule H, Line 4i - Schedule of Assets (Held at End of Year)</font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Employer Identification Number&#58; 83-2680248</font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Plan Number&#58; 001</font></div><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">December 31, 2021</font></div><div style="margin-bottom:2pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:27.993%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:56.794%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.913%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(a) (b)</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(c)</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(d) (e)</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #403a60;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Identity of issue, borrower, lessor, or similar party</font></td><td colspan="3" style="border-bottom:0.5pt solid #403a60;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Description of investment including maturity date, rate<br>of interest, collateral, par, or maturity value</font></td><td colspan="3" style="border-bottom:0.5pt solid #403a60;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Current value</font></td></tr><tr><td colspan="3" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Mutual funds&#58;</font></td><td colspan="3" style="background-color:#eff3fa;border-top:0.5pt solid #403a60;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Blackrock</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Blackrock Mid-Cap Growth Equity Portfolio Class K</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">489,418&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Principal</font></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Principal Real Estate Securities Fund Class R-6</font></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">281,708&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Delaware</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Delaware Small Cap Value Fund Class R6</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">613,841&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Vanguard</font></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Vanguard Equity-Income Fund Admiral Shares</font></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">377,592&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Vanguard</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Vanguard Federal Money Market Fund</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">56,983&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">American</font></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">American Century Mid Cap Value Fund R6 Class</font></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">189,551&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">PGIM</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">PGIM Total Return Bond Fund &#8211; Class R6</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,377,631&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">American</font></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">American Funds New World Fund Class R-6</font></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">143,037&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">MFS</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">MFS International Diversification Fund Class R6</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">175,927&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fidelity U.S. Bond Index Fund</font></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,077,825&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fidelity 500 Index Fund</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">48,913,642&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fidelity Extended Market Index Fund</font></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18,108,678&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fidelity Total International Index Fund</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,026,657&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fidelity Blue Chip Growth K6 Fund</font></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,811,755&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fidelity Small Cap Growth K6 Fund</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">633,513&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fidelity Growth Company K6 Fund</font></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,900,533&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #403a60;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">106,178,291&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Collective investment trusts&#58;</font></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">FIAM Blend Target Date 2005 Commingled Pool Class Q</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">309,481&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">FIAM Blend Target Date 2010 Commingled Pool Class Q</font></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,442&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">FIAM Blend Target Date 2015 Commingled Pool Class Q</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">546,041&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">FIAM Blend Target Date 2020 Commingled Pool Class Q</font></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,412,852&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">FIAM Blend Target Date 2025 Commingled Pool Class Q</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,572,018&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">FIAM Blend Target Date 2030 Commingled Pool Class Q</font></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27,754,440&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">FIAM Blend Target Date 2035 Commingled Pool Class Q</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19,840,337&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">FIAM Blend Target Date 2040 Commingled Pool Class Q</font></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,398,893&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">FIAM Blend Target Date 2045 Commingled Pool Class Q</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,325,421&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">FIAM Blend Target Date 2050 Commingled Pool Class Q</font></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,374,415&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">FIAM Blend Target Date 2055 Commingled Pool Class Q</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,861,558&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">FIAM Blend Target Date 2060 Commingled Pool Class Q</font></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,366,181&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">FIAM Blend Target Date 2065 Commingled Pool Class Q</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">174,549&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">FIAM Blend Target Date Income Commingled Pool Class Q</font></td><td colspan="2" style="background-color:#eff3fa;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,313&#160;</font></td><td style="background-color:#eff3fa;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #403a60;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">119,946,941&#160;</font></td><td style="background-color:#ffffff;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Self-directed brokerage accounts&#58;</font></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Self-directed brokerage account investments</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,858,982&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Fully benefit-responsive investment contract&#58;</font></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">New York Life Anchor Account</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,720,777&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Cash and equivalents&#58;</font></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Fidelity National Financial Services</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">FMTC Institutional Cash US Govt Fund</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36,836&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Common stock&#58;</font></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Kontoor Brands, Inc.</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kontoor Brands, Inc. Common Stock </font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,335,789&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Participant loans&#58;</font></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Participants</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Participant loans - rates 3.25% to 6.75%</font></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,932,191&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:12pt"><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td><td colspan="3" style="background-color:#eff3fa;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Assets</font></td><td style="background-color:#ffffff;border-bottom:3pt double #403a60;border-top:0.5pt solid #403a60;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #403a60;border-top:0.5pt solid #403a60;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">263,009,807&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #403a60;border-top:0.5pt solid #403a60;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%">* Party-in-Interest to the Plan </font></div><div><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:5.2pt;font-weight:400;line-height:120%;position:relative;top:-2.8pt;vertical-align:baseline">(d)</font><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> Cost is omitted in accordance with Department of Labor 29 CFR 2520.103-10, as investments are participant directed.</font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">11</font></div></div></div><div id="i36f3aeaf0a0d4f2f9ff72d03f42d9c97_49"></div><hr style="page-break-after:always"><div style="min-height:42.75pt;width:100%"><div><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_4" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline">Table of Contents</a></font></div></div><div style="margin-bottom:9pt;text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">EXHIBIT INDEX</font></div><div style="margin-bottom:15pt;margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:11.619%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:86.181%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%;text-decoration:underline">Exhibit No.</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%;text-decoration:underline">Description</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline"><a href="exhibit231-202111xk.htm" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%;text-decoration:underline">23.1</a></font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Consent of Independent Registered Public Accounting Firm</font></td></tr></table></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">12</font></div></div></div><div id="i36f3aeaf0a0d4f2f9ff72d03f42d9c97_52"></div><hr style="page-break-after:always"><div style="min-height:42.75pt;width:100%"><div><font style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="#i36f3aeaf0a0d4f2f9ff72d03f42d9c97_4" style="color:#0000ff;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:underline">Table of Contents</a></font></div></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:11pt;font-weight:700;line-height:120%">SIGNATURE</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Pursuant to the requirements of the Securities Exchange Act of 1934, the Kontoor Brands, Inc. Retirement Plans Committee has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.</font></div><div><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#160;</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:4.170%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:42.823%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:2.999%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:2.142%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:43.266%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Kontoor Brands 401(k) Savings Plan</font></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Date&#58;</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 24, 2022</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">By&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#47;s&#47; Tammy Heller</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #403a60;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tammy Heller</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Executive Vice President, Chief Human Resources Officer</font></td></tr></table></div><div><font><br></font></div><div><font><br></font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">13</font></div></div></div></body></html>
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<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>2
<FILENAME>exhibit231-202111xk.htm
<DESCRIPTION>EX-23.1
<TEXT>
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<title>Document</title></head><body><div id="i78abc206f2b44aa18897a0c7c8f71203_1"></div><div style="min-height:72pt;width:100%"><div style="margin-top:9pt;text-align:right"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Exhibit 23.1</font></div></div><div style="margin-top:9pt;text-align:right"><font><br></font></div><div style="margin-top:5pt;text-align:center"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%;text-decoration:underline">CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Kontoor Brands 401(k) Savings Plan</font></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Greensboro, North Carolina</font></div><div style="margin-bottom:9pt;margin-top:9pt"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We hereby consent to the incorporation by reference in the Registration Statement on Form S-8 (No. 333-231627) of Kontoor Brands, Inc. of our report dated June&#160;24, 2022, relating to the financial statements and supplemental schedule of Kontoor Brands 401(k) Savings Plan which appear in this Form 11-K for the year ended December 31, 2021.</font></div><div style="margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:48.557%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #403a60;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#47;s&#47; BDO USA, LLP</font></td></tr></table></div><div style="margin-top:4pt;text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">BDO USA, LLP</font></div><div style="text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Charlotte, North Carolina</font></div><div style="text-align:justify"><font style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">June&#160;24, 2022</font></div><div style="margin-top:9pt;text-align:justify"><font><br></font></div><div style="margin-top:9pt;text-align:right"><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div></body></html>
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