Guess announces that the Authentic Brands Group deal is set to finalize in the fourth quarter.

Strategic Partnership Announcement: On August 20, 2025, the Company announced a definitive agreement for a strategic partnership with Authentic Brands Group LLC, where Authentic will acquire 51% of the Company's intellectual property and the Rolling Stockholders will acquire 49% and 100% of the operating assets.

Shareholder Compensation: Under the terms of the Proposed Transaction, Guess? shareholders will receive $16.75 per share in cash, and the Company's common stock will be delisted from public markets upon completion.

Stockholder Approval: A special meeting on November 21, 2025, resulted in the Company's stockholders adopting the Merger Agreement and approving the Disposition.

Expected Closing Timeline: The Proposed Transaction is anticipated to close in the fourth quarter of fiscal year 2026, pending standard regulatory approvals, some of which are still outstanding.