HUGO BOSS AG received the attached notification on July 1, 2025.
HUGO BOSS acknowledges the perspectives shared by Frasers Group and appreciates their continued engagement. We maintain an active and constructive dialogue with all our shareholders, seeking and valuing their views as we strive for meaningful shareholder value creation.
Our existing capital allocation approach reflects a balance between growth investments and shareholder participation. HUGO BOSS’ Managing Board and Supervisory Board have initiated a process of developing a new strategy to succeed “CLAIM 5” and build on its achievements. This strategy will focus on sustainable profitable growth. In addition, it will include a careful evaluation of all aspects of capital allocation to continuously align shareholder interests with the Company’s long-term objectives. It remains our intention to share this strategy with the capital market in the final quarter of 2025.
Whilst we have not seen any downside in keeping the 1.4 million treasury shares acquired under the share buyback program between 2004 and 2007, we are now assessing prerequisites for their potential redemption. At present, HUGO BOSS has no plans to utilize these shares.