Hugo Boss Responds to Takeover Offer from Frasers Group

Metzingen, June 10, 2026 – Hugo Boss AG, a prominent name in the fashion industry, has announced that Frasers Group plc plans to launch a voluntary public takeover offer to acquire all shares of the company. The proposal, however, remains unsolicited and has not been coordinated with Hugo Boss.

The offer from Frasers Group sets the price at EUR 38.00 per share, which reflects a 4% premium over Hugo Boss's last closing share price of EUR 36.46, and the 3-month VWAP of EUR 36.41, as of June 10, 2026.

In response, Hugo Boss's Managing and Supervisory Boards will carefully review the offer. A detailed statement will be issued to ensure the decision aligns with the best interests of the company and its stakeholders, including shareholders, employees, and customers.

Further developments and subsequent steps will be communicated in line with legal and regulatory requirements, keeping the shareholders and the public informed.