NOTICE OF 2019 ANNUAL MEETING OF STOCKHOLDERS AND PROXY STATEMENT NOVEMBER 7, 2019 NEW YORK, NY 45388_Cover.indd 2 9/20/19 9:14 AM Dear Stockholder: You are cordially invited to attend the 2019 Annual Meeting of Stockholders of Tapestry, Inc., a Maryland corporation, to be held at 9:00 a.m., Eastern time, on November 7, 2019 at Tapestry’s headquarters, 10 Hudson Yards, New York, New York 10001. Fiscal 2019 was a year of meaningful evolution and learning for Tapestry. We drove ongoing strength in our international business, while navigating a volatile environment in North America. Importantly, we made significant progress on our strategic initiatives, most notably building the foundation of our distinctive multi-brand platform. We generated the anticipated Our leadership team is committed to the success of Tapestry. synergies from the integration of Kate Spade into our portfolio, which funded, in part, material investments in systems as well as our international development. We also made key additions to strengthen Tapestry’s leadership team. We believe these actions will underpin our near and long-term growth objectives. This conviction is reflected, in part, by the $1 billion share repurchase program we established and began to implement during the fiscal year, together with our annual dividend. That said, we recognized the opportunity to sharpen our focus on execution in order to realize the full potential of our multi-brand strategy and drive returns for all stakeholders. Therefore, as we entered our new fiscal year, in addition to my role as Chairman of the Board, I assumed the role of Chief Executive Officer of Tapestry, succeeding Victor Luis who departed the Company. Together with a talented management team that combines long-tenured executives with new leaders who bring fresh perspectives, we will act with urgency to drive sustainable organic growth. I have profound belief in Tapestry, the benefits of our operating model and importantly, the relevancy of our brands, which have powerful and differentiated positioning, strong consumer connections and attractive growth potential. Information concerning the matters to be considered and voted upon at the 2019 Annual Meeting of Stockholders is set out in the attached Notice of 2019 Annual Meeting of Stockholders and Proxy Statement. As always, it is important that your shares be represented, regardless of the number of shares you hold or whether you plan to attend the meeting in person. Accordingly, please authorize a proxy to vote your shares as soon as possible in accordance with the instructions you received. Doing so will not prevent you from voting your shares in person if you subsequently choose to attend the Annual Meeting. Thank you for your continued support. We look forward to seeing you at our 2019 Annual Meeting of Stockholders. Sincerely, Jide Zeitlin Chairman and Chief Executive Officer [THIS PAGE INTENTIONALLY LEFT BLANK] NOTICE OF 2019 ANNUAL MEETING OF STOCKHOLDERS We will hold the 2019 Annual Meeting of Stockholders (the ‘‘Annual Meeting’’) of Tapestry, Inc., a Maryland corporation (the ‘‘Company’’ or ‘‘Tapestry’’), at the Company’s headquarters, 10 Hudson Yards, New York, New York, 10001, on November 7, 2019, at 9:00 a.m., Eastern time, for the following purposes: 1. To elect eight directors; 2. To consider and vote upon the ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending June 27, 2020 (‘‘fiscal year 2020’’); 3. To consider the advisory vote to approve the Company’s executive compensation, as discussed and described in the proxy statement for the Annual Meeting; 4. To consider and vote upon the approval of the Amended and Restated Tapestry, Inc. 2018 Stock Incentive Plan; and 5. To transact any other business that may properly come before the Annual Meeting or any postponement or adjournment thereof. The foregoing items of business are more fully described in the accompanying proxy statement. The Board of Directors has fixed the close of business on September 6, 2019 as the record date for the Annual Meeting, and only holders of record of common stock at such time will be entitled to notice of or to vote at the Annual Meeting or any postponement or adjournment thereof. BY ORDER OF THE BOARD OF DIRECTORS, TODD KAHN President, Chief Administrative Officer, Chief Legal Officer and Secretary New York, New York September 27, 2019 [THIS PAGE INTENTIONALLY LEFT BLANK] YOUR VOTE IS IMPORTANT Based on current New York Stock Exchange (‘‘NYSE’’) rules, your broker will NOT be able to vote your shares with respect to the election of directors (Proposal No. 1), the advisory vote to approve the Company’s executive compensation (Proposal No. 3), or the approval of the Amended and Restated Tapestry, Inc. 2018 Stock Incentive Plan (Proposal No. 4) if you have not provided directions to your broker. We strongly encourage you to provide directions to vote your shares and exercise your right to vote as a stockholder. Regardless of whether you plan to attend the meeting, please follow the instructions you received to authorize a proxy to vote your shares as soon as possible to ensure that your shares are represented and voted at the meeting. Stockholders of record, or beneficial stockholders named as proxies by their stockholders of record, who attend the meeting may vote their shares personally, even though they have sent in proxies or authorized a proxy to vote online. Help us make a difference by eliminating paper proxy mailings to your home or business: with your consent, we will provide all future proxy voting materials and annual reports to you electronically. Instructions for consenting to electronic delivery can be found on your proxy card. Your consent to receive stockholder materials electronically will remain in effect until canceled. SPECIAL NOTE ON FORWARD-LOOKING INFORMATION This document contains certain forward-looking statements based on management’s current expectations. These forward-looking statements can be identified by the use of forward-looking terminology such as ‘‘believes,’’ ‘‘may,’’ ‘‘will,’’ ‘‘should,’’ ‘‘expect,’’ ‘‘confidence,’’ ‘‘trends,’’ ‘‘intend,’’ ‘‘estimate,’’ ‘‘on track,’’ ‘‘are positioned to,’’ ‘‘on course,’’ ‘‘opportunity,’’ ‘‘continue,’’ ‘‘project,’’ ‘‘guidance,’’ ‘‘target,’’ ‘‘forecast,’’ ‘‘anticipated,’’ ‘‘plan,’’ ‘‘potential,’’ the negative of these terms or comparable terms. These statements include, but are not limited to, those regarding the Company’s planned share repurchase program and anticipated dividend payments for future quarters and certain agreements and plans that will require us to provide compensation to our executives upon the occurrence of future events, such as the achievement of Company objectives and the termination of an individual’s employment or a change in control of the Company, and those regarding expectations that certain performance goals and/or targets for management and/or the Company will be attained. These future events may not occur as and when expected, if at all, and, together with the Company’s business, are subject to various risks and uncertainties. These risks and uncertainties include that future compensation to our named executive officers, and the events that could trigger such payments, may vary materially from the descriptions described herein due to factors beyond our control, such as the timing during the year of a triggering event, the amount of future non-equity incentive compensation and the value of our stock on the date of a triggering event. The Company’s actual results could differ materially from the results contemplated by these forward-looking statements and are subject to a number of risks, uncertainties, estimates and assumptions that may cause actual results to differ materially from current expectations due to a number of important factors, including but not limited to: (i) our ability to achieve intended benefits, cost savings and synergies from acquisitions; (ii) our ability to upgrade our information technology systems precisely and efficiently; (iii) our ability to successfully execute our Enterprise Resource Planning (ERP) implementation and growth strategies, including our efforts to expand internationally into a global house of lifestyle brands; (iv) the risks associated with potential changes to international trade agreements and the imposition of additional duties on importing our products; (v) our exposure to international risks, including currency fluctuations and changes in economic or political conditions in the markets where we sell or source our products; (vi) the effect of existing and new competition in the marketplace; (vii) our ability to retain the value of our brands and to respond to changing fashion and retail trends in a timely manner; (viii) our ability to control costs; (ix) the effect of seasonal and quarterly fluctuations on our sales or operating results; (x) our ability to protect against infringement of our trademarks and other proprietary rights; (xi) the risk of cyber security threats and privacy or data security breaches; (xii) the impact of tax legislation; and (xiii) such other risk factors as set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended June 29, 2019 (‘‘fiscal year 2019’’), and those described from time to time in the Company’s future reports filed with the Securities and Exchange Commission. The Company assumes no obligation to revise or update any such forward-looking statements for any reason,