DKS-FL merger: 92.6% of FL shareholders elect stock consideration; closing on Sept 8

DICK'S SPORTING GOODS, INC.

92.6% of Foot Locker shares elected stock consideration (0.1168 DKS shares per FL share).
Only 1.2% elected $24 cash; 6.2% did not elect (including 4.5% DKS-owned shares to cancel).
Non-electing Foot Locker shareholders will receive cash consideration.
Merger is expected to close on September 8, 2025, subject to customary conditions.
Shares owned by DICK'S Sporting Goods (4.5%) will be cancelled for no consideration.

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