DXL board reviewing Zodiac's unsolicited $0.82/sh tender offer; no action now

DESTINATION XL GROUP, INC.

Zodiac Partners II made an unsolicited $0.82 per share cash tender offer on May 12, 2026.
DXL Board evaluating offer with Guggenheim and Greenberg Traurig; also has merger agreement with FBB Holdings (FullBeauty).
Board to file Schedule 14D-9 recommending position within 10 business days of offer date.
Shareholders advised to take no action pending Board's recommendation.

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