Separation Agreement entered into by and between Abercrombie & Fitch Management Co. and Joanne Crevoiserat, effective June 12, 2019

THIS SEPARATION AGREEMENT (this “Separation Agreement”) is entered into by and between Abercrombie & Fitch Management Co., a Delaware corporation (the “Company”), and Joanne Crevoiserat (the “Executive”).

WHEREAS, Employee is currently employed by the Company as Chief Operating Officer;

WHEREAS, the Company and Executive previously entered into an agreement with an effective date of May 10, 2017 (the “Severance Agreement”) (attached hereto as Exhibit A and incorporated herein);

WHEREAS, the Company and Executive mutually agree that Executive’s employment will terminate; and

WHEREAS, in conjunction with this separation of employment, the Company and Executive desire to enter into an agreement setting forth the following terms and conditions.

NOW, THEREFORE, in consideration of the mutual promises and covenants set forth herein, the Company and Executive hereby agree as follows:

1.Termination of Employment. Pursuant to this Separation Agreement, the effective date of Executive’s separation of employment will be the earlier of June 15, 2019 or the date Executive begins employment elsewhere (the “Separation Date”). Executive will be removed from the Company’s payroll and her employment relationship with the Company will be terminated for all purposes on the Separation Date.

2.Transition and Consulting Services. Executive agrees that she will fully cooperate with the Company in effecting an orderly transition of her duties and in ensuring that the business of the Company is conducted in a professional, positive, and competent manner through the Separation Date. For the period through June 15, 2019, (the “Transition Period”), Executive will remain a full-time, active employee, working in her current role and title of Chief Operating Officer. During the Transition Period, the Company will continue to compensate Executive at her current base salary, i.e., an annualized rate of $925,000. Executive acknowledges and agrees that, should she accept and begin other employment before the Transition Period ends, her employment with the Company will end as of that date.

3.Resignation of Other Positions and Offices. Other than as provided in Section 2, Executive agrees to resign from all other positions and offices, if any, that she holds with the Company or any entity that is a subsidiary of, or is otherwise related to or affiliated with, the Company, effective as of June 15, 2019.

4.Accrued Compensation. The Company agrees to pay Executive the Accrued Compensation payments outlined in Section 2(a) of the Severance Agreement.

5.Additional Severance Benefits.

(a)In exchange for Executive’s commitments as outlined in this Separation Agreement and Executive’s execution of the Release and expiration of the revocation period (as referenced and defined in Section 6(a) below), the Company agrees to pay Executive (i) the amounts outlined in Section 2(a)(1) and Section 2(a)(3) of the Severance Agreement; (ii) in lieu of the provisions of Section 2(a)(2) of the Severance Agreement, a pro-rated 2019 annual incentive bonus based on (and subject to) actual 2019 business performance, to be paid (if paid) when other Company incentive compensation payouts are made in or about March 2020; and (iii) an additional lump-sum cash payment in the amount of Two Million Five Hundred Thousand Dollars ($2,500,000), less applicable tax withholdings and deductions, to be paid within 30 days following Executive’s execution of the Release and expiration of the revocation period. For purposes of Section 5(a)(ii) above in this paragraph, the pro-rated amount will be calculated using a fraction where the numerator is the number of days from the beginning of the applicable bonus period through the Separation Date and the de nominator is the total number of days in the applicable bonus period.

(b)For the avoidance of doubt, the Executive and the Company acknowledge that the provisions of Section 2(a)(4) of the Severance Agreement no longer apply, such provisions having been mooted by prior full vesting of Executive’s equity replacement grants and equity inducement grants as described in Executive’s Letter Agreement dated as of April 3, 2014 and signed by Executive on April 8, 2014 in connection with Executive’s offer of employment with the Company.

6.Conditions of Severance Benefits. Notwithstanding anything herein to the contrary, the Company shall not be obligated to make any payment under Section 5 hereof unless the following conditions specified in Section 6(a) and Section 6(b) are satisfied:

(a)Release. (i) Prior to the twenty-first (21st) day following the Separation Date, Executive executes a release of all claims, known or unknown, arising on or before the date of the release against the Company and all other individuals and entities specified therein, in the form attached hereto as Exhibit B (the “Release”); and (ii) any applicable revocation period has expired without Executive revoking such Release; and

(b)Satisfactory Performance. All Severance Benefits are subject to satisfactory performance of responsibilities throughout the Transition Period.

7.Other Compensation and Benefits. Except as specifically set forth herein, Executive is due no other compensation or benefits. Notwithstanding any other plan or agreement, Executive agrees that as of the date of entering into this Separation Agreement, Executive is no longer entitled to any future equity grants; provided, however, that for the avoidance of doubt:

(a)Pursuant to the terms of the Annual Performance Share Award Agreements under which they were granted, Executive’s Annual Performance Share Awards

dated March 21, 2017 and March 27, 2018, respectively, shall each vest on a pro-rata basis based on continued employment through the Separation Date and subject to actual Abercrombie & Fitch Co. performance through the end of the applicable performance period; and

(b)Pursuant to the terms of the Promotional Service-Vesting Restricted Stock Unit Award Agreement under which they were granted, the remaining unvested restricted stock units under Executive’s Promotional Service-Vesting Restricted Stock Unit Award dated March 21, 2017 shall vest on a pro-rata basis based on continued employment through the Separation Date and subject to achievement of the applicable Abercrombie & Fitch Co. performance objective (based on actual Abercrombie & Fitch Co. performance) through the end of the applicable performance period.

8.Affirmation of Executive Covenants. In executing this Separation Agreement and as a condition to the Company’s performance of its obligations here in, Executive hereby reaffirms her Executive Covenants as set forth in Section 6 of the Severance Agreement (Exhibit A). Further, Executive acknowledges and expressly agrees that the Company shall have the unilateral right to immediately discontinue payment of any amounts under Section 5 of this Separation Agreement in the event that Executive breaches any of her post-employment obligations under Section 6 of the Severance Agreement. In addition, the U.S. Defend Trade Secrets Act of 2016 (the “DTSA”) provides that an individual shall not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that (a) is made (i) in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney, and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or (b) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is ma de under seal. In addition, the DTSA provides that an individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the trade secret to the attorney of the individual and use the trade secret information in the court proceeding, if the individual (x) files any document containing the trade secret under seal and (y) does not disclose the trade secret, except pursuant to court order.

9.Return of Company Property. Executive agrees that, within 7 days after the Separation Date, she will return to the Company all property of the Company in her possession including, without limitation, all computers, records, paper and electronic files, documents, software programs, and copies thereof, pertaining to the business of the Company, which records, files, documents and programs may constitute trade secrets and proprietary information belonging solely to the Company. Executive may not retain copies of any such records, files, documents or programs, and hereby relinquishes and assigns to the Company any and all rights, if any, that she may have in any such records, files, documents, or programs.

10.Future Cooperation. Following the Separation Date, and thereafter, Executive agrees that she shall, without any additional compensation, respond to reasonable requests for information from the Company regarding matters that may arise in the Company’s business. Executive agrees that she will respond to any such requests from the Company promptly. Executive further agrees to fully and completely cooperate with the Company, its advisors and its legal counsel with respect to any litigation that is pending against the Company and any claim or action that may be filed against the Company in the future. Such cooperation shall include making herself available at reasonable times and places for interviews, reviewing

documents, testifying in a deposition or a legal or administrative proceeding, and providing advice to the Company in preparing defenses to any pending or potential future claims against the Company. The Company agrees to reimburse Executive for any approved travel expenses incurred as a result of her cooperation with the Company.

11.Taxes. The Company may withhold from any amounts payable under this Separation Agreement all federal, state, city or other taxes as the Company is required to withhold pursuant to any applicable law, regulation or ruling. Notwithstanding any other provision of this Separation Agreement, the Company shall not be obligated to guarantee any particular tax result for Executive with respect to any payment provided to Executive hereunder, and Executive shall be responsible for any taxes imposed on Executive with respect to any such payment.

12.Reemployment or Future Association. Executive hereby agrees that she shall not seek reinstatement or apply for future employment with the Company or any of its affiliates and subsidiaries; and should Executive apply for reinstatement or re-employment in violation of this Section, neither the Company nor any of its affiliates and subsidiaries shall incur any liability by virtue of its or their refusal to hire her or consider her for employment.

13.Governing Law. This Separation Agreement shall in all respects be interpreted, construed, and governed by and in accordance with the internal substantive laws of the State of Ohio.

14.Severability. Should any provision of this Separation Agreement be declared or be determined by any court to be invalid, the validity of the remaining parts, terms, or provisions shall not be affected thereby, and said invalid part, term, or provision shall be deemed not to be part of this Separation Agreement. The waiver of a breach of any of the provisions of this Separation Agreement shall not operate or be construed as a waiver of any other provision of this Separation Agreement or a waiver of any subsequent breach of the same provision. Notwithstanding the foregoing, if the Release is invalidated, this Separation Agreement is nullified in its entirety and the Company shall have no obligations under this Separation Agreement.

15.Voluntary Execution. Executive acknowledges that she is executing this Separation Agreement voluntarily and of her own free will and that she fully understands and intends to be bound by the terms of this Separation Agreement. Further, Executive acknowledges that she has received a copy of this Separation Agreement on May 9, 2019 and has had an opportunity to carefully review this Separation Agreement with her attorney prior to executing it or warrants that she chooses not to have her attorney review this Separation Agreement prior to signing. Executive will be responsible for any attorneys’ fees incurred in connection with the review of this Separation Agreement by her attorneys. This Separation Agreement may be executed in counterparts and by signatures transmitted by fax or email.

16.Entire Agreement. This Separation Agreement, the Severance Agreement (Exhibit A), and the Release (Exhibit B) collectively constitute the entire agreement between the Company and Executive with respect to the subject matter of this Separation Agreement, and there are no other written or oral agreements, understandings, or arrangements

except as set forth herein. Except as modified by this Separation Agreement, the terms and provisions of the Severance Agreement shall remain in full force and effect in accordance with the terms thereof. Where the terms of this Separation Agreement are inconsistent with the terms of the Severance Agreement, the terms of this Separation Agreement shall control and supersede the terms of the Severance Agreement. Any amendments, additions, or other modifications to this Separation Agreement must be done in writing, signed by both parties, and subject to approval of the Company’s Board in order to be binding.

17.Successors and Assigns. This Separation Agreement shall bind and inure to the benefit of and be enforceable by Executive, the Company, and their respective heirs, executors, persona l representatives, successors, and assigns, except that neither party may assign any rights or de legate any obligations hereunder without the prior written consent of the other party. Executive hereby consents to the assignment by the Company of all of its rights and obligations hereunder to any successor to the Company by merger or consolidation or purchase of all or substantially all of the Company’s assets, provide d such transferee or successor assumes the liabilities of the Company hereunder.

IN WITNESS WHEREOF, Executive and a duly authorized representative of the Company hereby certify that they have read this Separation Agreement in its entirety and voluntarily executed it as of the date set forth under their respective signatures.

This AGREEMENT (this "Agreement"), is entered into between Abercrombie & Fitch Management Co., a Delaware corporation (the "Company"), and Joanne Crevoiserat (the "Executive") as of the execution date by the Company below (the "Effective Date").

WHEREAS, the Executive is employed with the Company pursuant to a letter agreement between the Executive and the Company dated as of April 3, 2014 and signed by Executive on April 8, 2014 (the "Letter Agreement");

WHEREAS, the Company and the Executive entered into an Agreement dated as of July 7, 2015 (the "Prior Agreement") that sets forth the terms under which the Executive may be entitled to severance benefits upon the occurrence of certain events;

WHEREAS, concurrently with this Agreement, the Company will grant the Executive time­ based and performance-based equity awards covering shares of the Company's common stock (the "Promotion Awards"); and

WHEREAS, the Company and the Executive desire to enter into this Agreement to alter and supersede the terms of the Prior Agreement, as set forth below.

NOW, THEREFORE, in consideration of the mutual covenants contained herein, the Company and the Executive hereby agree as follows:

(a)Term. The term of this Agreement shall be from the Effective Date and for a period of two years thereafter (the "Original Term"); provided, that, this Agreement shall be automatically extended, subject to earlier termination as provided herein, for successive additional one year periods (each, an "Additional Term"), on the second anniversary of the Effective Date and each subsequent anniversary thereof unless, at least 90 days before the date on which an Additional Term otherwise would automatically begin, the Company or the Executive notifies the other in writing that the Term (as defined below) shall not be extended by any Additional Terms thereafter. Notwithstanding the foregoing, if a Change of Control (as defined below) occurs during the Original Term or an Additional Term, the term of this Agreement shall extend until the later of the Original Term or an Additional Term or the 18-month anniversary of such Change of Control (such extension, together with the Original Term or any Additional Terms, the "Term").

(b)At-Will Nature of Employment. The Executive acknowledges and agrees that the Executive's employment with the Company is and shall remain "at-will" and the Executive's employment with the Company may be terminated at any time and for any reason (or no reason) by the Company, with or without notice, or the Executive, subject to the terms of this Agreement. During the period of the Executive's employment with the Company, the Executive shall perform such duties and fulfill such responsibilities as reasonably requested by the Company from time to time commensurate with the Executive's position with the Company.

(c)Termination of Employment by the Company. During the Term, the Company may terminate the Executive's employment at any time with or without Cause (as defined below) pursuant to the Notice of Termination provision below.

(d)Termination of Employment by the Executive. During the Term, the Executive may terminate employment with the Company with or without Good Reason (as defined below) by delivering to the Company, not less than thirty (30) days prior to the Termination Date, a written notice of termination; provided, that, if such termination of employment is by the Executive with Good Reason, such notice shall state in reasonable detail the facts and circumstances that constitute Good Reason. This provision does not change the at-will nature of Executive's employment, and the Company may end Executive's employment, pursuant to Executive's notice, prior to the expiration of the thirty (30) days' notice.

(e)Notice of Termination. Any termination of the Executive's employment by the Company or by the Executive shall be communicated by a written Notice of Termination addressed to the Executive or the Company, as applicable. A "Notice of Termination" shall mean a notice stating that the Executive's employment with the Company has been or will be terminated and the specific provisions of this Section 1 under which such termination is being effected.

(f)Termination Date. Subject to Section 4(a) hereof, "Termination Date" as used in this Agreement shall mean in the case of the Executive's death or Disability (as defined below), the date of death or Disability, or in all other cases of termination by the Company or the Executive, the date specified in writing by the Company or the Executive as the Termination Date in accordance with Section 1(e).

(a)Termination Without Cause, or for Good Reason. If the Executive's employment is terminated during the Term (i) by the Company without Cause (other than as a result of the Executive's death or Disability), or (ii) by the Executive for Good Reason, in each case, other than during the COC Protection Period (as defined below), the Company shall (A) pay to the Executive any portion of Executive's accrued but unpaid base salary earned through the Termination Date; (B) pay to the Executive any annual bonus that was earned by the Executive for the fiscal year immediately preceding the fiscal year in which the Termination Date occurs, to the extent not already paid; (C) reimburse the Executive for any and all amounts advanced in connection with Executive's employment with the Company for reasonable and necessary expenses incurred by Executive through the Termination Date in accordance with the Company's policies and procedures on reimbursement of expenses; (D) pay to the Executive any earned vacation pay not theretofore used or paid in accordance with the Company's policy for payment of earned and unused vacation time; and (E) provide to the Executive all other accrued but unpaid payments and benefits to which Executive may be entitled under the terms of any applicable compensation arrangement or benefit plan or program of the Company (excluding any severance plan or policy of the Company) (collectively, the "Accrued Compensation"). In addition, provided that the Executive executes a release of claims in a form acceptable to the Company (a "Release"), returns such Release to the Company by no later than 45 days following the Termination Date (the "Release Deadline") and does not revoke such Release prior to the expiration of the applicable revocation period (the date on which such Release becomes effective, the "Release Effective Date"), then subject to the further provisions of Sections 3, 4, and 6 below, the Company shall have the following obligations with respect to the Executive (or the Executive's estate, if applicable), subject to applicable taxes and withholdings:

For the avoidance of doubt, except as provided in Section 2(a)(4), the payments and obligations set forth in this Section 2(a) shall be in lieu of any payments due to the Executive under the Letter Agreement or the Prior Agreement.

(b)Termination for Cause. without Good Reason. or Death. If the Executive's employment is terminated during the Term by the Company for Cause, by the Executive without Good Reason or by reason of the Executive's death, the Company shall provide the Executive (or the Executive's estate, if applicable) with only the Accrued Compensation.

(c)Termination due to Disability. If the Executive's employment is terminated by the Company by reason of the Executive's Disability, the Company shall have the following obligations with respect to the Executive (or the Executive's estate, if applicable): (i) the Company shall provide the Executive with the Accrued Compensation; and (ii) the Executive shall be entitled to receive any disability benefits available under the Company's Long-Term Disability Plan (if any). For purposes of this Agreement, "Disability" means a physical or mental infirmity which impairs the Executive's ability to substantially perform the Executive's duties with the Company or its subsidiaries for a period of at least six (6) months in any twelve (12)-month calendar period as determined in accordance with the Company's long-term disability plan or, in the absence of such plan, as determined by the Company's Board of Directors (the "Board").

(d)Change of Control. If the Executive's employment is terminated during the Term (i) by the Company other than for Cause, or due to the Executive's death or Disability or (ii) by the Executive for Good Reason, in each case, during the three months prior to, and the eighteen months following a Change of Control (such period, the "COC Protection Period"), then the Company shall provide the Executive with the Accrued Compensation and, subject to the Executive executing a Release, returning such Release to the Company by no later than the Release Deadline, and not revoking such Release prior to the expiration of the applicable revocation period, and subject to the further provisions of Sections 2(j), 3, 4 and 6 below, and, in lieu of any payments due to the Executive in the Letter Agreement or the Prior Agreement, the Company shall have the following obligations with respect to the Executive (or the Executive's estate, if applicable), subject to applicable taxes and withholdings:

payable in a lump sum on the sixtieth (60^th) day following the Termination Date, except to the extent (i) of the amount determined under Section 2(a)(2) but only (ii) where such amount described in Section 2(d)(2)(i) becomes payable other than an account of a termination during the one-year period following a Change of Control. To that extent, the amount shall be paid at the time described in Section 2(a)(2) to the extent necessary to avoid the imposition of tax penalties under Section 409A of the Code.

For the avoidance of doubt, the payments and obligations set forth in this Section 2(d) shall be in lieu of any payments due to the Executive under the Letter Agreement or the Prior Agreement.

(e)Definitions.

in bad faith and without reasonable belief that the Executive's action or omission was in the best interest of the Company.

(f)Mitigation. The Executive shall not be required to mitigate the amount of any payment provided for in this Section 2 by seeking other employment or otherwise and no such payment or benefit shall be eliminated, offset or reduced by the amount of any compensation provided to the Executive in any subsequent employment, except as provided in Section 2(a)(3) or Section 2(d)(3).

(g)Resignation from Office. The Executive's termination of employment with the Company for any reason shall be deemed to automatically remove the Executive, without further action, from any and all offices held by the Executive with the Company or its affiliates.

The Executive shall execute such additional documents as requested by the Company from time to time to evidence the foregoing.

(h)Exclusivity. This Agreement is intended to provide severance payments and/or benefits only under the circumstances expressly enumerated under Section 2 hereof. Unless otherwise determined by the Company in its sole discretion, in the event of a termination of the Executive's employment with the Company for any reason (or no reason) or at any time other than as expressly contemplated by Section 2 hereof, the Executive shall not be entitled to receive any severance payments and/or benefits or other further compensation from the Company hereunder whatsoever, except for the Accrued Compensation and any other rights or benefits to which the Executive is otherwise entitled pursuant to the requirements of applicable law. Except as otherwise expressly provided in this Section 2, all of the Executive's rights to salary, bonuses, fringe benefits and other compensation hereunder (if any) which accrue or become payable after the Termination Date will cease upon the Termination Date.

(i)Set-Off. The Executive agrees that, to the extent permitted by applicable law, the Company may deduct from and set-off against any amounts otherwise payable to the Executive under this Agreement such amounts as may be owed by the Executive to the Company. The Executive shall remain liable for any part of the Executive's payment obligation not satisfied through such deduct ion and setoff.

(j)Exclusive Remedies. The Executive agrees and acknowledges that the payments and benefits set forth in this Section 2 shall be the only payments and benefits to which the Executive is entitled from the Company in connection with the termination of the Executive's employment with the Company, and that neither the Company nor its subsidiaries shall have any liability to the Executive or the Executive's estate, whether under this Agreement, the Letter Agreement, the Prior Agreement or otherwise, in connection with the termination of the Executive's employment.

3.Limitations on Certain Payments. Notwithstanding any provision of this Agreement to the contrary, if any amount or benefit to be paid or provided under this Agreement or otherwise would be an "excess parachute payment," within the meaning of Section 280G of the Code, or any successor provision thereto, but for the application of this sentence, then the payments and benefits identified in the second to last sentence of this Section 3 to be paid or provided will be reduced to the minimum extent necessary (but in no event to less than zero) so that no portion of any such payment or benefit, as so reduced, constitutes an excess parachute payment; provided, however, that the foregoing reduction will be made only if and to the extent that such reduction would result in an increase in the aggregate payment and benefits to be provided to the Executive, determined on an after-tax basis (taking into account the excise tax imposed pursuant to Section 4999 of the Code, or any successor provision thereto, any tax imposed by any comparable provision of state law, and any applicable federal, state and local income and employment taxes). Whether requested by the Executive or the Company, the determination of whether any reduction in such payments or benefits to be provided under this Agreement or otherwise is required pursuant to the preceding sentence will be made at the expense of the Company by a certified accounting firm that is independent from the Company. In the event that any payment or benefit intended to be provided under this Agreement or otherwise is required to be reduced pursuant to this Section 3, the Company will reduce the Executive's payments and/or benefits, to the extent required, in the following order: (a) the payments due under Section 2(d)(3) (beginning with the payment farthest out in time that would otherwise be paid); (b) the

payments due under Section 2(d)(l) (beginning with the payment farthest out in time that would otherwise be paid); (c) the payment due under Section 2(d)(2). The assessment of whether or not such payments or benefits constitute or would include excess parachute payments shall take into account a reasonable compensation analysis of the value of services provided or to be provided by the Executive, including any agreement by the Executive (if applicable) to refrain from performing services pursuant to a covenant not to compete or similar covenant applicable to you that may then be in effect.

4.Section 409A of the Code; Withholding.

of installment payments shall be treated as a right to a series of separate payments for purposes of Section 409A of the Code.

5.Indemnification. The Company shall indemnify, defend, and hold the Executive harmless to the maximum extent permitted by law and the Company by-laws against all judgments, fines, amounts paid in settlement and all reasonable expenses, including attorneys' fees incurred by the Executive, in connection with the defense of or as a result of any action or proceeding (or any appeal from any action or proceeding) in which the Executive is made or is threatened to be made a party by reason of the fact that the Executive is or was an officer or director of the Company. Subject to the terms of the Company's director and officer indemnification policies then in effect, the Company acknowledges that the Executive will be covered and insured up to the full limits provided by all directors' and officers' insurance which the Company then maintains to indemnify its directors and officers.

6.Executive Covenants.

The restrictions set forth in this Section 6(b) shall not apply to information that is or becomes generally available to the public or known within the Company's trade or

industry (other than as a result of its wrongful disclosure by the Executive), or information received on a non-confidential basis from sources other than the Company who are not in violation of a confidentiality agreement with the Company.

The Executive further represents and agrees that, during the Term and at all times thereafter, the Executive is obligated to comply with the rules and regulations of the Securities and Exchange Commission ("SEC") regarding trading shares and/or exercising options related to the Company's stock. The Executive acknowledges that the Company has not provided opinions or legal advice regarding the Executive's obligations in this respect and that it is the Executive's responsibility to seek independent legal advice with respect to any stock or option transaction.

herein as consideration for the promises set forth in this Section 6(d) and that the provisions contained in this Section 6(d) shall supersede any prior non­ competition covenants between the Executive and the Company or its subsidiaries.

recovery of damages from the Executive. The Executive and the Company further agree that the confidentiality provisions and the covenants not to compete and solicit contained in this Section 6 are reasonable and that the Company would not have entered into this Agreement but for the inclusion of such covenants herein. The parties agree that the prevailing party shall be entitled to all costs and expenses, including reasonable attorneys' fees and costs, in addition to any other remedies to which either may be entitled at law or in equity in connection with the enforcement of the covenants set forth in this Section 6. Should a court with jurisdiction determine, however, that all or any portion of the covenants set forth in this Section 6 is unreasonable, either in period of time, geographical area, or otherwise, the parties hereto agree that such covenants or portion thereof should be interpreted and enforced to the maximum extent that such court deems reasonable. In the event of any violation of the provisions of this Section 6, the Executive acknowledges and agrees that the post-termination restrictions contained in this Section 6 shall be extended by a period of time equal to the period of such violation, it being the intention of the parties hereto that the running of the applicable post-termination of employment restriction period shall be tolled during any period of such violation. In the event of a material violation by the Executive of this Section 6, any severance being paid to the Executive pursuant to Section 2 of this Agreement or otherwise shall immediately cease, and the aggregate gross amount of any severance previously paid to the Executive shall be immediately repaid to the Company.

8.Arbitration. Except with respect to the remedies set forth in Section 6(g) hereof, any controversy or claim between the Company or any of its affiliates and the Executive arising out of or relating to this Agreement or its termination shall be settled and determined by a single arbitrator whose award shall be accepted as final and binding upon the parties. The American Arbitration Association, under its Employment Arbitration Rules, shall administer the binding arbitration. The arbitration shall take place in Columbus, Ohio. The Company and the Executive each waive any right to a jury trial or to a petition

for stay in any action or proceeding of any kind arising out of or relating to this Agreement or its termination and agree that the arbitrator shall have the authority to award costs and attorney fees to the prevailing party.

9.Effect on Prior Agreements. Except as otherwise set forth herein, this Agreement supersedes all provisions in prior agreements, either express or implied, between the parties hereto, with respect to post-termination payments and/or benefits, including the Letter Agreement and the Prior Agreement; provided, that, this Agreement shall not supersede the Company's 2005, 2007 or 2016 Long-Term Incentive Plans (or any other applicable equity plan) or any applicable award agreements evidencing equity-based incentive awards thereunder, including the Promotion Awards (the "Equity Documents"), and any rights of the Executive with respect to equity-based incentive awards hereunder shall be in addition to, and not in lieu of, any rights pursuant to the Equity Documents. No provisions of this Agreement shall supersede or nullify the clawback provisions in the Equity Documents or any of the applicable Company incentive compensation plans. For the avoidance of doubt, except as otherwise set forth herein, the post-termination payments and benefits provided herein shall be in lieu of, and not in addition to, any post-termination payment or benefits provided under the terms of the Prior Agreement and Letter Agreement.

10.Notice. For the purposes of this Agreement, notices and all other communications provided for in this Agreement (including the Notice of Termination) shall be in writing and shall be deemed to have been duly given when personally delivered or sent by registered or certified mail, return receipt requested, postage prepaid, or upon receipt if overnight delivery service or facsimile is used, addressed as follows:

To the Executive:

To Executive's last home address as listed in the books and records of the Company.

To the Company:

Abercrombie & Fitch Management Co.

6301 Fitch Path

New Albany, Ohio 43054

Attn: General Counsel

11.Miscellaneous. No provision of this Agreement may be modified, waived, or discharged unless such waiver, modification, or discharge is agreed to in writing and signed by the Executive and the Company. No waiver by either party hereto at any time of any breach by the other party hereto of, or compliance with, any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. No agreement or representations, oral or otherwise, express or implied, with respect to the subject matter hereof have been made by either party which are not expressly set forth in this Agreement.

12.Governing Law. This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Ohio without giving effect to the conflict of law principles thereof. Except as provided in Section 8, any actions or proceedings instituted under this Agreement with respect to any matters arising under or related to this Agreement shall be brought and tried only in the Court of Common Please, Franklin County, Ohio.

13.Severability. The provisions of this Agreement shall be deemed severable and the invalidity or unenforceability of any provision shall not affect the validity or enforceability of the other provisions hereof.

14.Protected Rights. Nothing contained in this Agreement limits Executive's ability to file a charge or complaint with the Equal Employment Opportunity Commission, the National Labor Relations Board, the Occupational Safety and Health Administration, the Securities and Exchange Commission or any other federal, state or local governmental agency or commission ("Government Agencies"). Executive further understands that this Agreement does not limit Executive's ability to communicate with any Government Agencies or otherwise participate in any investigation or proceeding that may be conducted by any Government Agency, including providing documents or other information, without notice to the Company. This Agreement does not limit Executive's right to receive an award from a Government Agency for information provided to any Government Agency.

IN WITNESS WHEREOF, the undersigned has hereto set his/her hand this 24th day of April, 2017.

IN WITNESS WHEREOF, the undersigned has hereto set his hand this 10th day of May, 2017.

This Release Agreement (“Release”) is entered into between Joanne Crevoiserat (“Executive”) and Abercrombie & Fitch Management Co. on behalf of itself, its parent, affiliates, subsidiaries, officers, agents, employees (current and former), successors, predecessors, assigns, and any and all other related persons, firms, corporations, and other legal entities (herein singularly and collectively called the “Company”).

WHEREAS, the Company and Executive previously entered into an Agreement with an effective date of May 10, 2017 (the “Severance Agreement”);

WHEREAS, the Company and Executive previously entered into a Separation Agreement executed by Executive on June 12, 2019 (the “Separation Agreement”); and

WHEREAS, pursuant to the Separation Agreement, Executive is required to execute and not revoke this Release as provided in the Separation Agreement in order to receive the benefits in Section 5 of the Separation Agreement (the “Additional Severance Benefits”);

NOW THEREFORE, in consideration of the premises and other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, Executive agrees as follows:

Release does not prohibit Executive from bringing a claim to enforce the terms of this Release, the Separation Agreement, or the Severance Agreement (as modified by the Separation Agreement).

one (21)-day period. Executive is not required to, but may, accept this Release by signing and returning it to the Company within twenty-one (21) days from the date this Release was communicated to Executive. If Executive does not sign and return this Release by July 6, 2019 (the “Release Deadline”), then all of the terms offered in this Release will expire and shall be deemed null and void and Executive shall not be entitled to any of the Severance Benefits set forth in Section 5 of the Separation Agreement.

Executive acknowledges and agrees that:

This Release shall become finally effective upon receipt of the signed document and the expiration of the above revocation period. No Severance Benefits under Section 5 of the Separation Agreement shall be made until after the revocation period has expired.

affecting the remaining provisions of this Release, which shall remain in full force and effect to the fullest extent permitted by law.

IN WITNESS WHEREOF, Executive has executed and delivered this Release of the date set forth below.