Express delisted from NYSE

Express received notification from the NYSE indicating that the common stock of the company will be delisted, and trading of its common stock on the NYSE was suspended, after market close on March 6. The company’s common stock will now trade publicly on the OTC Pink Market under the symbol “EXPR“. This transition to the over-the-counter market will not affect the company’s business operations or its SEC reporting obligations, and it does not conflict with or cause an event of default under any of the company’s material debt or other agreements. The NYSE reached its decision to delist the company’s common stock pursuant to the rule which requires listed companies to maintain an average global market capitalization of at least $15M over a period of 30 consecutive trading days.