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28 July 2026

FRASERS GROUP PLC

HUGO BOSS offer condition satisfied

On 10 June 2026, Frasers Group plc (Frasers) announced its decision to launch a voluntary public takeover offer to acquire all of the ordinary no-par value registered shares in HUGO BOSS AG (HUGO BOSS) which are not held by Frasers (the Offer). The offer document in connection with the Offer (the Offer Document) was published on 25 June 2026.

Frasers is pleased to announce that, on 27 July 2026, merger control clearance in respect of the Offer was granted by the European Commission. As a result, the Offer Condition described in section 13.1 of the Offer Document has been satisfied and the Offer is therefore unconditional.

The Offer Document and further information relating to the Offer is available at https://www.fg-germany.com.

The Offer of €38.00 per HUGO BOSS Share remains open for shareholders to accept. The additional acceptance period for the Offer will end on 13 August 2026, 24:00 hours (local time Frankfurt am Main, Federal Republic of Germany).

Enquiries

Frasers Group plc

The Offer is subject to the full terms and conditions set out in the Offer Document.

Disclaimer

BNP Paribas (BNPP) is authorised and regulated by the European Central Bank. BNPP, which is subject to regulation by the Financial Conduct Authority (the FCA) and limited regulation by the Prudential Regulation Authority (the PRA), is acting exclusively for Frasers and no one else in connection with the Offer and shall not be responsible to anyone other than Frasers for providing the protections afforded to clients of BNPP, nor for providing advice in connection with the Offer or any matter referred to herein. Neither BNPP nor any of its affiliates (nor any of its or their respective directors, officers, employees, representatives or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct, indirect, consequential, whether in contract, in tort, under statute or otherwise) to any person who is not a client of BNPP in connection with the Offer, this announcement, any statement contained herein or otherwise.

Deutsche Bank AG is authorised and regulated by the European Central Bank and BaFin. With respect to activities undertaken in the United Kingdom, Deutsche Bank AG, London Branch (Deutsche Bank) is authorised by the PRA with deemed variation of permission. Deutsche Bank, which is subject to regulation by the FCA and limited regulation by the PRA, is acting exclusively for Frasers and no one else in connection with the Offer and shall not be responsible to anyone other than Frasers for providing the protections afforded to clients of Deutsche Bank, nor for providing advice in connection with the Offer or any matter referred to herein. Neither Deutsche Bank nor any of its affiliates (nor any of its or their respective directors, officers, employees, representatives or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct, indirect, consequential, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Deutsche Bank in connection with the Offer, this announcement, any statement contained herein or otherwise.