Deckers Reminds Stockholders to Vote “FOR” ALL of Deckers’ Nominees on the WHITE Proxy Card - Seite 2

Do NOT allow Marcato to derail Deckers’ progress:

• Marcato’s nominees are unvetted and unqualified. Marcato’s three director nominees lack the relevant skills, experience and fundamental understanding of Deckers’ global, multi-brand business and the evolving retail industry necessary to add value. Only one has ever served on the board of a public company, and that same nominee is the only one with any C-level executive experience. The Deckers Board will not benefit from the addition of a retired investment banker, a retired non-luxury marketer, and a public relations consultant. If Marcato’s nominees are elected, we would immediately lose the experience and guidance of our Chairman and two critical committee members with exceptional industry knowledge.
• Marcato insists on recklessly and rapidly closing our stores, even profitable ones, which would significantly affect our profitability and would require substantial cash outlay. Instead, Deckers is prudently reducing store count while limiting unnecessary lease termination fees and preserving profitable stores. We believe that our retail stores are of critical importance to effectively engage with our consumers and drive e-commerce sales.
• Marcato wants to sell our non-UGG brands, which provide important diversification and growth opportunities, and implement draconian cuts, which would significantly reduce profitability and endanger longer-term growth potential.
• Marcato believes Deckers should take on significant debt. We firmly believe that in the current environment, Marcato’s proposal exposes stockholders to excessive risk.

TIME IS SHORT – PROTECT YOUR INVESTMENT AND FUTURE UPSIDE BY VOTING

“FOR” ALL OF DECKERS’ NOMINEES TODAY BY TELEPHONE OR BY INTERNET TO ENSURE THAT YOUR SHARES ARE REPRESENTED AT THE DECEMBER 14TH ANNUAL MEETING

We are confident that the current Deckers Board is well positioned to guide Deckers into the future and maximize value for all stockholders. Leading independent proxy advisory firms agree: both Glass, Lewis & Co. and Egan-Jones Ratings Company recommend that stockholders vote “FOR” ALL of Deckers’ nominees on the WHITE proxy card.

PLEASE VOTE THE WHITE PROXY CARD

The Deckers Board unanimously urges stockholders to vote “FOR” ALL of Deckers’ nominees on the WHITE proxy card TODAY. Discard any Gold proxy card materials that you may receive from Marcato. If you have already returned a Gold proxy card, you can change your vote by voting the WHITE proxy card TODAY by telephone or by Internet. Only your latest-dated proxy card will be counted.