Gap Inc.

February 23, 2017

SAN FRANCISCO – February 23, 2017 – Gap Inc. (NYSE: GPS) today announced that its board of directors authorized a first quarter fiscal year 2017 dividend of $0.23 per share, payable on or after April 26, 2017 to shareholders of record at the close of business on April 5, 2017.

About Gap Inc.

Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands. Fiscal year 2016 net sales were $15.5 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,200 company-operated stores, about 450 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.

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