INFORMATION REGARDING CERTAIN PARTICIPANTS IN THE SOLICITATION
FBB Holdings I, Inc. (“FBB”) and its chief executive officer, Jim Fogarty, may be deemed to be participants in the solicitation of proxies from the stockholders of Destination XL Group, Inc. (“DXL”) in connection with the proposed merger transaction described in the Current Report on Form 8-K to which this exhibit is attached (the “Merger”).
Interests of FBB and Jim Fogarty in the Merger
FBB and Mr. Fogarty have interests in the Merger that may be different from, or in addition to, the interests of DXL stockholders generally. These interests include the following:
FBB Holdings I, Inc.
Upon consummation of the Merger, stockholders of FBB will receive shares of DXL common stock such that, immediately following the Merger, former FBB stockholders will own 55% of the outstanding common stock of the combined company, with existing DXL stockholders owning 45% of the combined company.
Jim Fogarty
Mr. Fogarty is the Chief Executive Officer of FBB and is expected to have the following interests in connection with the Merger:
Additional information regarding the interests of participants in the solicitation of proxies in connection with the Merger will be included in the proxy statement that DXL intends to file with the Securities and Exchange Commission in connection with the Merger.