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       <!--PH copy goes here-->
       <div style="display:none; max-height: 0px; overflow: hidden; font-size:11px; line-height:13px; color:#000000; text-align:center; vertical-align:top;">
        Introducing our first Work in Progress Report.
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        ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌ ‌‌
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           No company we’re aware of, including our own, truly gives back as much as it takes from the Earth. What we can do is be fully accountable for our impact. Introducing our first Work in Progress Report.
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           <!-- CTA LARGE BLACK OUTLINE-->
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               <a style="text-decoration:none; color:#FFFFFF;">
                Read the Report
               </a>
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           For years, we’ve reported sporadically on our efforts to do less harm. But when we made Earth our only shareholder three years ago, things had to change. From now on, it’s on us to deliver a holistic and more transparent picture of our business impact.
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        <img alt="For all the work we’ve done on our products and in our supply chain, and all the money we’ve given away to environmental nonprofits, it is still not enough." border="0" class="" src="https://inboxflows.com/_/image/https%253A%252F%252Fimages.patagonia.com%252FeMedia%252Fimages%252F2025%252FF25_ProgressReport_Email1_05-v2.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZXMucGF0YSIsInRpbWUiOjE3NjI5NzY3OTcuNjkxNjc5N30:1vJGnd:Q9L2-e49J3-_W3dz9dYvrrmHmfroKi3_Yg0wlP3HY0k" style="font-family: Arial; color:#333333; font-size:14px; display:block;" width="100%"/>
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     </tr>
     <!--HERO Image-->
     <!--HERO Image-->
     <tr>
      <td style="">
       <img alt="Yvon Chouinard, Patagonia Founder &amp; Ex-Owner" border="0" class="" src="https://inboxflows.com/_/image/https%253A%252F%252Fimages.patagonia.com%252FeMedia%252Fimages%252F2025%252FF25_ProgressReport_Email1_06-v2.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZXMucGF0YSIsInRpbWUiOjE3NjI5NzY3OTcuNjkxNzcwOH0:1vJGnd:I77DQk0t54YBzuStkFcRumdiLJfCLI2FtmzM-UeGz0g" style="font-family: Arial; color:#333333; font-size:14px; display:block;" width="100%"/>
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     </tr>
     <!--HERO Image-->
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   <table align="center" border="0" cellpadding="0" cellspacing="0" class="fluid" role="presentation" style="border-collapse:collapse; margin:0 auto; width:600px; background-color:#EDE9E2;">
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      <td style="width:6%;">
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      <td style="width:88%; text-align: center;">
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          <td style="margin:0 auto; padding:10% 0% 12% 0%;" valign="middle">
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               <a style="text-decoration:none; color:#000000;">
                Read Yvon’s Essay
               </a>
              </td>
             </tr>
            </tbody>
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           <!--END CTA LARGE BLACK OUTLINE-->
          </td>
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   <!--END INSET COPY SECTION - PB-->
   <!--HERO  MODULE - PB-->
   <table align="center" border="0" cellpadding="0" cellspacing="0" class="fluid" role="presentation" style="border-collapse:collapse; margin:0 auto; width:600px; background-color:#F4F3EF;">
    <!--HERO Image-->
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     <tr>
      <td style="padding:8% 0% 8% 0%;">
       <a>
        <img alt="When you buy
    this jacket, we ..." border="0" class="" src="https://inboxflows.com/_/image/https%253A%252F%252Fimages.patagonia.com%252FeMedia%252Fimages%252F2025%252FF25_ProgressReport_Email1_07-v2.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZXMucGF0YSIsInRpbWUiOjE3NjI5NzY3OTcuNjkxODU5N30:1vJGnd:NdAs5g5eCmVU_iamO6kfn641rnKytPP_AfCzc_cNm9c" style="font-family: Arial; color:#333333; font-size:14px; display:block;" width="100%"/>
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     <!--HERO Image-->
     <!--HERO Image-->
     <tr>
      <td style="">
       <a>
        <img alt="Classic Retro-X® Jacket" border="0" class="" src="https://inboxflows.com/_/image/https%253A%252F%252Fimages.patagonia.com%252FeMedia%252Fimages%252F2025%252FF25_ProgressReport_Email1_08-v2.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZXMucGF0YSIsInRpbWUiOjE3NjI5NzY3OTcuNjkxOTQ3Mn0:1vJGnd:4g0Zd56M9vGFr1_a0jSzrADcE-y_A9pMYIYxZnAtitE" style="font-family: Arial; color:#333333; font-size:14px; display:block;" width="100%"/>
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     <!--HERO Image-->
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   <!--END HERO  MODULE - PB-->
   <!--  FULLWIDTH HERO TWO GRID SEPARATED MODULE PADDED - PB-->
   <table align="center" border="0" cellpadding="0" cellspacing="0" class="fluid" role="presentation" style="border-collapse:collapse; margin:0 auto; width:600px; background-color:#FFFFFF;">
    <tbody>
     <tr>
      <td class="" style="width:50%;">
       <table align="center" border="0" cellpadding="0" cellspacing="0" class="" role="presentation" style="border-collapse:collapse; background-color:#FFFFFF; margin:0 auto; width:100%;">
        <!--HERO Image-->
        <tbody>
         <tr>
          <td style="">
           <a>
            <img alt="824 nonprofits received $14.7 million in FY25 grants and in-kind support." border="0" class="" src="https://inboxflows.com/_/image/https%253A%252F%252Fimages.patagonia.com%252FeMedia%252Fimages%252F2025%252FF25_ProgressReport_Email1_09-v2.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZXMucGF0YSIsInRpbWUiOjE3NjI5NzY3OTcuNjkyMDM1NH0:1vJGnd:uTEakJDvs1Gpz0faGLogLgym56Nx_CSeRKHeBotKTAU" style="font-family: Arial; color:#333333; font-size:14px;display:block;" width="100%"/>
           </a>
          </td>
         </tr>
         <!--HERO Image-->
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      </td>
      <td class="" style="width:50%;">
       <table align="center" border="0" cellpadding="0" cellspacing="0" class="" role="presentation" style="border-collapse:collapse; background-color:#FFFFFF; margin:0 auto; width:100%;">
        <!--HERO Image-->
        <tbody>
         <tr>
          <td style="">
           <a>
            <img alt="power grassroots activism" border="0" class="" src="https://inboxflows.com/_/image/https%253A%252F%252Fimages.patagonia.com%252FeMedia%252Fimages%252F2025%252FF25_ProgressReport_Email1_10-v2.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZXMucGF0YSIsInRpbWUiOjE3NjI5NzY3OTcuNjkyMTIyMn0:1vJGnd:L9W9zNF8IvU_fwB3epxzF4neMEkalwLxGjhUYLc6p-I" style="font-family: Arial; color:#333333; font-size:14px;display:block;" width="100%"/>
           </a>
          </td>
         </tr>
         <!--HERO Image-->
        </tbody>
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      </td>
     </tr>
    </tbody>
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   <!--END FULLWIDTH HERO TWO GRID SEPARATED MODULE PADDED - PB-->
   <!--  FULLWIDTH HERO TWO GRID SEPARATED MODULE PADDED - PB-->
   <table align="center" border="0" cellpadding="0" cellspacing="0" class="fluid" role="presentation" style="border-collapse:collapse; margin:0 auto; width:600px; background-color:#FFFFFF;">
    <tbody>
     <tr>
      <td class="" style="width:50%;">
       <table align="center" border="0" cellpadding="0" cellspacing="0" class="" role="presentation" style="border-collapse:collapse; background-color:#FFFFFF; margin:0 auto; width:100%;">
        <!--HERO Image-->
        <tbody>
         <tr>
          <td style="">
           <a>
            <img alt="invest in workers" border="0" class="" src="https://inboxflows.com/_/image/https%253A%252F%252Fimages.patagonia.com%252FeMedia%252Fimages%252F2025%252FF25_ProgressReport_Email1_11-v2.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZXMucGF0YSIsInRpbWUiOjE3NjI5NzY3OTcuNjkyMjQxfQ:1vJGnd:cbyT6161dCqHsf92ucYMeoIG7nD1ylsAq2Lhm1J-DI0" style="font-family: Arial; color:#333333; font-size:14px;display:block;" width="100%"/>
           </a>
          </td>
         </tr>
         <!--HERO Image-->
        </tbody>
       </table>
      </td>
      <td class="" style="width:50%;">
       <table align="center" border="0" cellpadding="0" cellspacing="0" class="" role="presentation" style="border-collapse:collapse; background-color:#FFFFFF; margin:0 auto; width:100%;">
        <!--HERO Image-->
        <tbody>
         <tr>
          <td style="">
           <a>
            <img alt="95% of FY25 products are made in Fair Trade Certified™ factories, allowing workers to spend premiums on health care, child care and other benefits." border="0" class="" src="https://inboxflows.com/_/image/https%253A%252F%252Fimages.patagonia.com%252FeMedia%252Fimages%252F2025%252FF25_ProgressReport_Email1_12-v2.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZXMucGF0YSIsInRpbWUiOjE3NjI5NzY3OTcuNjkyMzcwNH0:1vJGnd:eGmeAMZNeYwVOuhbcoK9oywG8Z71IkIoXDDuIidjYPE" style="font-family: Arial; color:#333333; font-size:14px;display:block;" width="100%"/>
           </a>
          </td>
         </tr>
         <!--HERO Image-->
        </tbody>
       </table>
      </td>
     </tr>
    </tbody>
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   <!--END FULLWIDTH HERO TWO GRID SEPARATED MODULE PADDED - PB-->
   <!--  FULLWIDTH HERO TWO GRID SEPARATED MODULE PADDED - PB-->
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    <tbody>
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      <td class="" style="width:50%;">
       <table align="center" border="0" cellpadding="0" cellspacing="0" class="" role="presentation" style="border-collapse:collapse; background-color:#FFFFFF; margin:0 auto; width:100%;">
        <!--HERO Image-->
        <tbody>
         <tr>
          <td style="">
           <a>
            <img alt="100% of new products are made without intentionally added PFAS as of 2025." border="0" class="" src="https://inboxflows.com/_/image/https%253A%252F%252Fimages.patagonia.com%252FeMedia%252Fimages%252F2025%252FF25_ProgressReport_Email1_13-v2.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZXMucGF0YSIsInRpbWUiOjE3NjI5NzY3OTcuNjkyNDcyMn0:1vJGnd:XzkmSyJGR-Qkhj7mdgyT70J6RqkxYFuxjtV7AWsMcdc" style="font-family: Arial; color:#333333; font-size:14px;display:block;" width="100%"/>
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         <!--HERO Image-->
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      <td class="" style="width:50%;">
       <table align="center" border="0" cellpadding="0" cellspacing="0" class="" role="presentation" style="border-collapse:collapse; background-color:#FFFFFF; margin:0 auto; width:100%;">
        <!--HERO Image-->
        <tbody>
         <tr>
          <td style="">
           <a>
            <img alt="clean up our own mess" border="0" class="" src="https://inboxflows.com/_/image/https%253A%252F%252Fimages.patagonia.com%252FeMedia%252Fimages%252F2025%252FF25_ProgressReport_Email1_14-v2.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZXMucGF0YSIsInRpbWUiOjE3NjI5NzY3OTcuNjkyNTY4NX0:1vJGnd:LNWLRAnvKQ5fYOj7b0LF3nmN9nf6EzdO1RF7Rjl4imA" style="font-family: Arial; color:#333333; font-size:14px;display:block;" width="100%"/>
           </a>
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         <!--HERO Image-->
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      </td>
     </tr>
    </tbody>
   </table>
   <!--END FULLWIDTH HERO TWO GRID SEPARATED MODULE PADDED - PB-->
   <!--HERO  MODULE - PB-->
   <table align="center" border="0" cellpadding="0" cellspacing="0" class="fluid" role="presentation" style="border-collapse:collapse; margin:0 auto; width:600px; background-color:#F4F3F0;">
    <!--HERO Image-->
    <tbody>
     <tr>
      <td style="">
       <a>
        <img alt="A winding mountain river. " border="0" class="" src="https://inboxflows.com/_/image/https%253A%252F%252Fimages.patagonia.com%252FeMedia%252Fimages%252F2025%252FF25_ProgressReport_Email1_15-v2.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZXMucGF0YSIsInRpbWUiOjE3NjI5NzY3OTcuNjkyNjkwNn0:1vJGnd:xwhM3YOnY6vkNTZq3bkW95HnmlL5dbBYK1fjPrB0ZZ0" style="font-family: Arial; color:#333333; font-size:14px; display:block;" width="100%"/>
       </a>
      </td>
     </tr>
     <!--HERO Image-->
     <!--HERO Image-->
     <tr>
      <td style="padding:20% 0% 8% 0%;">
       <a>
        <img alt="Earth is no easy boss." border="0" class="" src="https://inboxflows.com/_/image/https%253A%252F%252Fimages.patagonia.com%252FeMedia%252Fimages%252F2025%252FF25_ProgressReport_Email1_16-v3.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZpbWFnZXMucGF0YSIsInRpbWUiOjE3NjI5NzY3OTcuNjkyNzk5Nn0:1vJGnd:6FifHSmRiByIyo_O1tIwQgCgh16RNsDV0UXWURZFPn0" style="font-family: Arial; color:#333333; font-size:14px; display:block;" width="100%"/>
       </a>
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     <!--HERO Image-->
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               <a style="text-decoration:none; color:#000000;">
                Read the Report
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      <td style="width:6%;">
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           Photos: (Top) Magenta flowers surround the base of a Jambo tree in Belterra, Pará, Brazil. DANIEL BELTRÁ (Middle) When in doubt, nature always shows the way. STEVE OGLE (Bottom) The largest free-flowing river in Albania: the Vjosa. COURTESY OF LEEWAY COLLECTIVE
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