Code of Business Conduct Disclosure

Effective as of June 1, 2020, the Board approved a new Code of Business Conduct (the “Code”), which applies to all directors, officers and employees of YETI Holdings, Inc. and its subsidiaries and affiliates (collectively, “YETI”). The Code was implemented to reflect changes to YETI’s business and organization, conform to current best practices, and improve clarity and utility for YETI’s global employee base.

The Code covers a greater breadth of specific topics than the prior version and includes specific references to applicable policies and procedures for Code topics. The Code provides enhanced descriptions of the types of situations that would or may involve a conflict of interest and the process for pre-approval of such transactions. It also expands upon YETI’s commitment to legal and disclosure compliance and more fully addresses the protection and proper use of YETI’s assets. The Code includes provisions to promote compliance with applicable governmental laws, rules and regulations, including, without limitation, securities laws, antitrust laws, and anti-bribery and anti-corruption laws. The new Code implements more detailed standards for reporting and enforcement of violations of the Code. It also further details YETI’s prohibition against retaliation against anyone who, in good faith, reports a known or suspected violation of the Code or who participates in a related investigation.

The adoption of the new Code did not relate to or result in any waiver, whether explicit or implicit, of any provision of YETI’s Code of Ethics and Business Conduct in effect prior to the adoption of the Code.