[PDF] ANNUAL REPORT Feb 5 2021 Jack Wolfskin.





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Beach cluB - Jack Wolfskin

Beach cluB. JACK WOLFSKIN entwickelt seine Produkte ständig weiter. Wir behalten uns vor einzelne Komponenten zu verändern.



ANNUAL REPORT

Feb 5 2021 Jack Wolfskin. The Company has evolved over time from a manufacturer of golf clubs to a modern golf





Callaway Golf Annual Report 2020

Mar 2 2020 Golf Equipment includes Callaway branded golf clubs and Odyssey branded ... and Jack Wolfskin outdoor apparel



private sale

privilege club members private sale. 22–25 MAY JACK WOLFSKIN on all bottoms. KIDS AROUND * ... on beach fashion. SCOTCH & SODA *.



private sale

privilege club members private sale. 22–25 MAY JACK WOLFSKIN on all bottoms. KIDS AROUND * ... on beach fashion. SCOTCH & SODA *.



Callaway Golf Company

Mar 1 2021 designing



INVESTOR PRESENTATION

Nov 9 2021 Jack Wolfskin. • 2022 Spring / Summer pre-books up significantly over 2020. • Comp store sales increased almost 10% over both 2019 and 2020.



INSERENTENLISTE BREMEN

Beach Club White Pearl. Beluga. Best Western Hotel zur Post. Café Bachmann. Cafe Kännchen. Café-Restaurant Feliz Jack Wolfskin Store. Karstadt Sports.



From Tee to Green A Major Win with S/4HANA Fashion 1809

May 9 2019 Jack Wolfskin. ? Callaway brands offer golfers all over the world everything they need – clubs

ANNUAL REPORT- 2021 -

across allourbusinesssegments.Totalnetrevenuereached$3,133million,up97%year-over-year,drivenbythe theworld'sleadingtech-enabledgolfentertainment company,Topgolf.UponthecloseoftheTopgolfmerger,which

wasfinalizedonMarch8,2021, Callawaysolidifieditspositionastheunrivaledleaderinthemoderngolfand active

Ourstrongfinancialsuccessin2021wasunderpinnedbyacombinationofunitgrowthandstrong operating performanceattheTopgolfvenues,continuedhighdemandfor ourgolfequipmentandlifestyleapparelproducts, weopenedninenewdomesticvenues andrecordedverystrongsalesgrowthandprofitabilityaswalk-intra!c equipmentbusiness,enthusiasmandparticipationforthesportisatanall-timehigh,withboth thenumberofon- courseando"-coursegolfersincreasingoverandabovetheelevatedlevelsfrom 2020.Webelievethisincreaseis partofastructuralchangeintheindustryasmorepeople arebeingintroducedtothesportofgolfthroughTopgolf venues andother o"-courseformats,ultimatelyleadingtomorenewentrantsandpotentialCallawaycustomers.

Lastly,intheapparel business,TravisMathewcontinuedtodrivesignificantgrowth throughretailstoreexpansion,

increasedbrandmomentumandanexpandedassortment ofproducts.TheJackWolfskinbusinesscontinuedto showstrongmomentuminitscoremarketsofCentralEurope and Chinaandrecoverednicelythroughouttheyear asretailstoresinEurope andChinafullyreopened.

In additiontoourfinancialand operatingperformance,Iamproudtohighlight theCompany'sfirstSustainability

Report,whichwaspublishedsubsequenttoyearend.Thereportdetailsourongoing e"ortsandfocusoncorporate Lookingahead,weare excitedabouttheprospectsfor our businessand areconfidentthatwecandeliver strongshareholderreturnsasweexecuteourstrategytoaddatleastten newvenuesayearatTopgolf,leverage productsandcontinuetofuelthemomentumbehindour growingapparelbrands.

Sincerely,

Oliver"Chip?BrewerIII

PresidentandChiefExecutiveO!cerTOOUR

SHAREHOLDERS

CORPORATEDATAMEETINGAND

INFORMATION

TransferAgentandRegistrar

COMPUTERSHARE

462South4thStreet,Suite1600,

Louisville,KY,40202

800-368-7068

TDDforHearingImpaired:800-231-5469

ForeignShareholders:201-680-6578

TDDForeignShareholders:201-680-6610

ShareholderWebSite:

www.computershare.com/investor

Shareholder OnlineInquiries:

www-us.computershare.com/ investor/contactIndependentRegistered

PublicAccountingFirm

DELOITTE&TOUCHELLP

695TownCenterDrive,Suite1000

CostaMesa,CA92626

InvestorRelations

CALLAWAYGOLFCOMPANY

2180RutherfordRoad

Carlsbad,CA92008

760-931-1771

invrelations@callawaygolf.com2022VIRTUAL ANNUALMEETING

OF SHAREHOLDERS

Wednesday,May25,2022

Gotowww.meetnow.global/MDHNQQH.

Youmayattendthemeetingviathe

Internetandvoteduringthemeeting.Have

yourproxycardinhand andfollowthe instructions.

Formoreinformationvisit the

Company'swebsite:

www.callawaygolf.comSENIORMANAGEMENT

OLIVERG.BREWERIII

PresidentandChiefExecutiveO?cer

REBECCAFINE

ExecutiveVicePresident,

ChiefPeople O?cer

JOEFLANNERY

ExecutiveVicePresident,

Appareland SoftGoodsGLENN HICKEYExecutiveVicePresident,

CallawayGolf

MARKLEPOSKY

ExecutiveVicePresident,

GlobalOperationsBRIANLYNCH

ExecutiveVicePresident,ChiefFinancial

O?cer&ChiefLegalO?cer

ARTHURSTARRS

ChiefExecutive O?cer,TopgolfBO

ARDOFDIRECTORS

ERIKJANDERSON

ViceChairmanof theBoard ofDirectors;

FormerExecutiveChairman,Topgolf

International, Inc.

SAMUELH.ARMACOST

Former ChairmanEmeritus,

SRIInternational

SCOTTH.BAXTER

PresidentandChiefExecutive O?cer,

KontoorBrands,Inc.

OLIVERG.BREWERIII

PresidentandChiefExecutiveO?cer,

CallawayGolfCompanyTHOMASG.DUNDON

Founder and ManagingPartner,Dundon

CapitalPartnersLLC

LAURAJ.FLANAGAN

ChiefExecutive O?cerand Director,

RippleFoods

RUSSELLL.FLEISCHER

GeneralPartner,BatteryVentures

BAVANM.HOLLOWAY

FormerVicePresidentofCorporate

Audit,TheBoeingCompany

JOHNF.LUNDGREN

Chairmanof theBoardofDirectors;

FormerChairman andChiefExecutive

ManagingDirector,ProvidenceEquity

Partners

ADEBAYOO.OGUNLESI

Chairman andManagingPartner,Global

InfrastructureManagement,LLC

VARSHAR.RAO

HeadofNurx,ThirtyMadison

LINDAB.SEGRE

ProfessionalBoardMember andAdvisor;

FormerProfessionalGolferandFormer

Executive, DiamondFoods,Inc.

ANTHONYS.THORNLEY

FormerPresidentand ChiefOperating

O?cer,QUALCOMMIncorporated

FORM10-K

CALLAWAYGOLFCOMPANY

2021 ANNUAL REPORT

Forthe fiscalyear ended December 31, 2021

CERTIFICATIONS

In June 2021, theCompanyfiled with the NewYorkStock Exchange the Annual CEOCertificationrequired under Section 303A.12(a) of

the NYSE'sListedCompanyManualregarding theCompany'scompliancewith the NYSE'scorporategovernancelistingstandards. In

March 2022, theCompanyfiled with the Securities and ExchangeCommission thecertifications of theCompany'sChief ExecutiveOfficer

and Chief Financial Officerrequired under Sections 302and 906 of the Sarbanes-OxleyAct of 2002asExhibits 31.1, 31.2 and 32.1tothe

Company'sAnnualReport onForm 10-Kforthe fiscalyear ended December 31, 2021.

FORWARD-LOOKING INFORMATION

Statementsmade in the lettertoshareholdersthatrelate tofutureplans,events, financialresults,performance,projections orgrowth,

includingstatementsrelatingtofutureindustryconditions; brand momentum; abilitytoinnovateand implementstrategies,including

openingvenues atTopgolf International,Inc.("Topgolf"), leveragingtechnologytoenhanceguestand customerexperienceandinvesting

in R&Dtodeliversuperior golfequipment products; and delivery ofstrong shareholderreturnsareforward-lookingstatementsasdefined

underthe PrivateSecurities LitigationReformActof1995.Thesestatements arebased upon current goals, estimates, informationand

expectations.Actualresults maydiffermaterially from those anticipated asaresult ofcertain risks anduncertainties, including ongoing

impact of theCOVID-19pandemic;failuretorealizethe benefits of the merger withTopgolf;costs,expenses or difficultiesrelatedtothe

merger withTopgolf,including the integrationoftheTopgolf business;continueddemandforgolf;consumer acceptanceand demandfor

theCompany'sproducts; futureconsumer discretionary purchasing activity (whichcan be significantlyadversely affectedbyunfavorable

economic/marketconditions orweather);changes inforeigncurrencyexchangerates; anysignificant change inU.S. tax or tradepolicies;

aswellas the general risks and uncertaintiesapplicabletotheCompanyand its business.Fordetailsconcerning these and other risks

and uncertainties, seePart I, Item IA, "RiskFactors"contained in thefollowing AnnualReport onForm 10-K, aswell as theCompany's

otherreports onForms10-Q and8-Ksubsequently filed with the Securities and ExchangeCommission from timetotime.Investors

arecautioned nottoplaceunduerelianceon theseforward-lookingstatements, which speak only as of the datehereof.TheCompany

undertakesno obligationtoupdateforward-lookingstatementstoreflectevents or circumstances after the datehereof ortoreflectthe

occurrenceofunanticipatedevents.

2021FINANCIALRESULTS

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