On February 20, 2024, The Buxton Helmsley Group, Inc announced its intention to nominate 4 director candidates Pamela B. Corrie, Charles Garcia, Deirdre A. O?Connor, Rumbi B. Petrozzello to the Fossil Board of Directors at the Company?s 2024 Annual Meeting of Shareholders. Alexander Parker, Senior Managing Director at Buxton Helmsley stated that the Company is a beloved brand that has delighted millions of customers for years. However, it has become clear to them how much the Company?s future is in danger.

For far too long, the Company?s Board and management have destroyed massive shareholder value due to a lack of proactivity, made numerous, inexcusable strategic blunders, and ? now made very clear to them ? represent a grave threat to the Company?s investors and long-term prospects.