About This Report

This report generally covers Carter’s, Inc.’s corporate social responsibility efforts during fiscal year 2022, although some initiatives launched prior to fiscal 2022 and during fiscal 2023 are included as well. References to 2022, 2021, and 2020 are to calendar years, and references to fiscal 2022, fiscal 2021, and fiscal 2020 are to our fiscal years.

Unless otherwise indicated, this report covers our fiscal year ended December 31, 2022. This CSR report contains certain forward-looking statements based on Carter’s current assumptions and expectations. These statements are typically accompanied by the words “aim,” “anticipate,” “believe,” “commit,” “could,” “drive,” “estimate, “envision,” “ensure,” “goal,” “intend,” “may,” “might,” “mission,” “seek,” “strategy,” “strive,” “target,” "plan," and “will” or similar words or phrases. The principal forward-looking statements in this report include: our sustainability goals, commitments and programs; our social goals, initiatives, programs and objectives; the scope and impact of CSR risks and opportunities; and standards and expectations of third parties. All of our forward-looking statements are intended to enjoy the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, as amended. Although we believe there is a reasonable basis for the forward-looking statements, our actual results, including the achievement of our targets, goals or commitments, could differ materially. These forward-looking Statements are based largely on our expectations and judgments and are subject to a number of risks and uncertainties, many of which are unforeseeable and beyond our control. These risks include, but are not limited to, our ability to achieve our stated diversity, equity and inclusion, CSR and sustainability, and climate change goals, protecting customer and employee data, as well as those risks identified in Item 1A of our most recent Annual Report on Form 10-K and subsequent quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (“SEC”), which should be read in conjunction with the forward-looking statements in this report, as well as other assumptions, risks, uncertainties, and factors identified in this report. The information contained in this CSR report also is subject to the precision of our data collection and analysis methods, which are subject to future evolution and calibration. Such information is subject to additional uncertainties, as there are limitations inherent in the data collection and analysis methods. While we consider information from external resources and consultants to be reliable, we do not assume responsibility for its accuracy. Additionally, all numbers referenced are subject to the quality and comprehensiveness of the reporting received by Carter’s from internal and external sources and, therefore, are approximate and/or estimated values. It is also important to note that the availability of data varies from section to section in this report. Our goals and commitments include aspirational components that may take years or decades to achieve. Carter’s cannot assure you that the results reflected or implied by any forward-looking statement will be realized or, even if substantially realized, that those results will have the forecasted or expected consequences and effects. We urge you to consider all of the risks, uncertainties, and factors identified above or discussed in this and other reports carefully in evaluating the forward-looking statements in our reporting. The forward-looking statements in our reporting are made as of the date they are made, and we undertake no obligation to update these forward-looking statements to reflect new information, subsequent events or circumstances, or otherwise.