Fossil announces extension of exchange offer for senior notes

Fossil (FOSL) Group announced that, in connection with its previously announced offer to exchange and consent solicitation with respect to its 7.00% Senior Notes due 2026, it has extended the expiration of the Exchange Offer, Consent Solicitation and its concurrent rights offering from 5:00pm New York City time on October 7, 2025 to 5:00pm New York City time on October 15, 2025. The Company intends to proceed concurrently with the UK Proceeding on the previously disclosed schedule, including the Convening Hearing scheduled for Wednesday, October 15, 2025. In addition, the Company may make effective the UK Proceeding Amendments to the Indenture for the Old Notes prior to a definitive determination that the Company is required to proceed with the UK Proceeding pursuant to the Transaction Support Agreement. All other terms, provisions and conditions of the Exchange Offer, Consent Solicitation and Rights Offering will remain in full force and effect, and capitalized terms used but not defined herein have the meanings ascribed to them in the prospectus included in the Registration Statements. The Company reserves the right to terminate, withdraw, amend or further extend the Exchange Offer, the Consent Solicitation and the Rights Offering independently of each other at any time and from time to time, as described in the Registration Statements.