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     137  0 Kommentare Express, Inc. Receives Delisting Notice From the New York Stock Exchange

    Express, Inc. (NYSE: EXPR) (“Express” or the “Company”) today announced that it received notification from the New York Stock Exchange (“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, 2024.

    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 U.S. Securities and Exchange Commission 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 Rule 802.01B of the NYSE Listed Company Manual, which requires listed companies to maintain an average global market capitalization of at least $15 million over a period of 30 consecutive trading days.

    “Over the past several months, we have taken decisive steps to position Express for the long term, including implementing a series of cost-saving initiatives and streamlining our process to enhance operational efficiency,” said Stewart Glendinning, CEO. “We remain focused on continuing to serve our customers and positioning our organization for the future.”

    About Express, Inc.

    Express, Inc. is a multi-brand fashion retailer whose portfolio includes Express, Bonobos and UpWest. The Company operates an omnichannel platform as well as physical and online stores. Grounded in a belief that style, quality and value should all be found in one place, Express is a brand with a purpose – We Create Confidence. We Inspire Self-Expression. – powered by a styling community. Bonobos is a menswear brand known for exceptional fit and an innovative retail model. UpWest is an apparel, accessories and home goods brand with a purpose to Provide Comfort for People & Planet.

    The Company has approximately 530 Express retail and Express Factory Outlet stores in the United States and Puerto Rico, the Express.com online store and the Express mobile app; approximately 60 Bonobos Guideshop locations and the Bonobos.com online store; and 12 UpWest retail stores and the UpWest.com online store. For more information about our Company, please visit www.express.com/investor and for more information about our brands, please visit www.express.com, www.bonobos.com or www.upwest.com.

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    Express, Inc. Receives Delisting Notice From the New York Stock Exchange Express, Inc. (NYSE: EXPR) (“Express” or the “Company”) today announced that it received notification from the New York Stock Exchange (“NYSE”) indicating that the common stock of the Company will be delisted, and trading of its common stock on the …