Kayser-Roth To Expand North Carolina Operations, Add 100 Jobs

Greensboro, N.C.-based intimate apparel and hosiery manufacturer and marketer Kayser-Roth Corp. is
investing up to $28 million to expand its Burlington, N.C., and Asheboro, N.C., plants, which
manufacture legwear under its signature No nonsense® brand. The expansions are part of the
company’s No nonsense Sock Initiative with Walmart, which is expanding its Made in the USA program.
In addition to expanding the facilities and installing equipment, Kayser-Roth will add 50 jobs at
each facility.

Kayser-Roth produces more than 90 percent of its No nonsense tights, socks and sheer hosiery
in the United States. The expansion will increase production capacity for that brand by 30 percent.

“Walmart is proud to be working with suppliers like Kayser-Roth to increase domestic
production and create jobs that will support the middle class,” said Bill Simon, president and CEO,
Walmart U.S. “Growing business with existing suppliers supports our goal of purchasing an
additional $50 billion in U.S. manufactured products over the next 10 years.”

“The No nonsense Sock Initiative with Walmart represents a business model demonstrating our
mutual commitment, cooperation and trust with all stakeholders in creating more jobs and more Made
in the USA products,” said Kevin Toomey, president and CEO, Kayser-Roth Corp. “We’ve figured out
how to make a better product at a better price here in America, and working with Walmart has been a
tremendous asset in creating more jobs here at home. Together we are making a difference…one job
and one consumer at a time.”

September 10, 2013