We are deeply troubled by the devastating crisis in Ukraine and our thoughts are with all those impacted, including our employees, partners and their families in the region. In support of humanitarian relief efforts, Nike Foundation will be donating 1 million dollars to UNICEF and International Rescue Committee. We are also working with our partner, Good360, on the distribution of product donations to those affected. Both of these steps are in addition to a one-to-one match campaign for Nike employees who wish to give personally.

Given the rapidly evolving situation, and the increasing challenges of operating our business, Nike has paused operations in Russia. We have temporarily closed our owned and operated Nike stores and are supporting our employees by committing to pay continuity. Nike does not have any owned and operated operations in Ukraine.