6% Dividend Yield for Hanes Brands Coupled with Growth is Compelling

Hanes Brands Unlocks Potential with “Full Potential” Initiative

• 6.0% dividend yield (45% payout ratio), with growing activewear and “full potential” cost trimming program.

• #1 market share in North America, with household name brands like Champion and Hanes.

• Expansion to consumer delivery methods, launching direct-to-consumer websites.

• Estimated Fair Value of $18.00