| | | | By order of the Board of Directors | |
| Dated: Austin, Texas | | | /s/ John Hilburn Davis IV John Hilburn Davis IV President and Chief Executive Officer | |
Class | | Number of Shares | | Votes/Share | | Number of Votes | | | Number of Shares | | Votes/Share | | Number of Votes | | ||||||||||||||||||
Common Stock | | | | [703,271] | | | One / share | | | | [703,271] | | | | | | 800,859 | | | One / share | | | | 800,859 | | | ||||||
Series A Convertible Preferred Stock | | | | 6,300 | | | One / share (voting on an as-converted basis) | | | | 27,082 | | | | | | 6,300 | | | One / share (voting on an as-converted basis) | | | | 27,082(1) | | | ||||||
Series C Convertible Preferred Stock | | | | 4,786 | | | One / share (voting on an as-converted basis) | | | | 267,004 | | | | | | 4,786 | | | One / share (voting on an as-converted basis) | | | | 267,004(2) | | |
Name | | | Age | | | Position | |
John Hilburn Davis, IV | | | 51 | | | Chief Executive Officer, President, Director Nominee (Chairman of the Board when elected) | |
Mark T. Lynn | | | 39 | | | Director Nominee | |
Trevor Pettennude | | | 56 | | | Director Nominee | |
Jameeka Green Aaron | | | 43 | | | Director Nominee | |
Huong “Lucy” Doan | | | 54 | | | Director Nominee | |
| | THE BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” ALL NOMINEES FOR DIRECTOR. | | |
| | THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR APPROVAL AMENDMENTS TO THE DIGITAL BRANDS GROUP, INC. 2020 OMNIBUS INCENTIVE STOCK PLAN | | |
| | THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR APPROVAL FOR PURPOSES OF COMPLYING WITH NASDAQ LISTING RULE 5635(C), OF THE ISSUANCE OF SHARES OF COMMON STOCK TO OUR CHIEF EXECUTIVE OFFICER PURSUANT TO A PERFORMANCE STOCK AWARD AGREEMENT | | |
| | THE BOARD OF DIRECTORS RECOMMENDS A VOTE TO RATIFY THE APPOINTMENT OF MACIAS GINI & O’CONNELL LLP | | |
| | | | Respectfully submitted, | |
| | | | | |
| | | | Audit Committee | |
| | | | Trevor Pettennude, Chair | |
| | | | Jameeka Green Aaron | |
| | | | Huong “Lucy” Doan | |
NAME | | | AGE | | | POSITION | |
John Hilburn Davis, IV | | | 51 | | | Chief Executive Officer, President, Director Nominee (Chairman) | |
Mark T. Lynn | | | 39 | | | Director Nominee | |
Trevor Pettennude(1) | | | 56 | | | Director Nominee | |
Jameeka Green Aaron(1) | | | 43 | | | Director Nominee | |
Huong “Lucy” Doan(1) | | | 54 | | | Director Nominee | |
NAME | | | AGE | | | POSITION | |
John Hilburn Davis IV | | | 51 | | | Chief Executive Officer | |
Laura Dowling | | | 44 | | | Chief Marketing Officer | |
Reid Yeoman | | | 41 | | | Chief Financial Officer | |
Name and Principal Position | | | Fiscal Year | | | Salary | | | Bonus | | | Option Awards | | | All Other Compensation(1) | | | Total | | ||||||||||||||||||
John “Hil” Davis, President and Chief Executive Officer | | | | | 2022 | | | | | $ | 350,000 | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | $ | — | | |
| | | | | 2021 | | | | | $ | 350,000 | | | | | $ | — | | | | | $ | 3,704,483 | | | | | $ | 233,184 | | | | | $ | 222,500 | | |
Laura Dowling, Chief Marketing Officer | | | | | 2022 | | | | | $ | 300,000 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
| | | | | 2021 | | | | | $ | 300,000 | | | | | $ | — | | | | | $ | 691,135 | | | | | $ | — | | | | | $ | 258,231 | | |
Reid Yeoman, Chief Financial Officer | | | | | 2022 | | | | | $ | 250,000 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
| | | | | 2021 | | | | | $ | 225,000 | | | | | $ | — | | | | | $ | 221,163 | | | | | $ | — | | | | | $ | 225,000 | | |
| | Common Stock | | Total Voting Power % | | | Common Stock | | Total Voting Power % | | ||||||||||||||||||||||||||||
Name of Beneficial Owners | | Shares | | % | | | | | | | | Shares | | % | | | | | | | ||||||||||||||||||
Executive Officers and Directors | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||
John “Hil” Davis(1) | | | | 685 | | | | | * | | | | | * | | | | | | 685 | | | | | * | | | | | * | | | ||||||
Laura Dowling(2) | | | | 134 | | | | | * | | | | | * | | | | | | 134 | | | | | * | | | | | * | | | ||||||
Reid Yeoman(3) | | | | 46 | | | | | * | | | | | * | | | | | | 46 | | | | | * | | | | | * | | | ||||||
Mark Lynn(4) | | | | 203 | | | | | * | | | | | * | | | | | | 203 | | | | | * | | | | | * | | | ||||||
Trevor Pettennude(5) | | | | 131 | | | | | * | | | | | * | | | | | | 131 | | | | | * | | | | | * | | | ||||||
Jameeka Aaron(6) | | | | 6 | | | | | * | | | | | * | | | | | | 6 | | | | | * | | | | | * | | | ||||||
Huong “Lucy” Doan(7) | | | | 8 | | | | | * | | | | | * | | | | | | 8 | | | | | * | | | | | * | | | ||||||
All executive officers, directors and director nominees as a group (7 persons) (8) | | | | 1,213 | | | | | * | | | | | * | | | | | | 1,213 | | | | | * | | | | | * | | | ||||||
Five Percent Holders of Common Stock | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||
D. Jones Tailored Collection, Ltd.(9) | | | | 78,980 | | | | | 11.23% | | | | | 11.23% | | | | | | 78,980 | | | | | 9.9% | | | | | 9.9% | | | ||||||
George Levy(10) | | | | 105,719 | | | | | 15.03% | | | | | 15.03% | | | | | | 105,719 | | | | | 13.2% | | | | | 13.2% | | | ||||||
Matthieu Leblan(11) | | | | 105,719 | | | | | 15.03% | | | | | 15.03% | | | | | | 105,719 | | | | | 13.2% | | | | | 13.2% | | | ||||||
Moise Emquies(12) | | | | 54,813 | | | | | 7.79% | | | | | 7.79% | | | | | | 54,813 | | | | | 6.8% | | | | | 6.8% | | | ||||||
Carol Ann Emquies(13) | | | | 36,263 | | | | | 5.16% | | | | | 5.16% | | |
Name and Address of Beneficial Owner | | Number of Shares of Series A Convertible Preferred Stock Beneficially Owned | | Percentage of Shares Outstanding(1) | | Voting Power%(1) | | | Number of Shares of Series A Convertible Preferred Stock Beneficially Owned | | Percentage of Shares of Series A Convertible Preferred Stock Outstanding(1) | | Voting Power%(1) | | ||||||||||||||||||||||||
Five Percent Holders of DBG Series A Convertible Preferred Stock | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||
Boco4-DSTLD-Senior Debt, LLC(2) | | | | 6,300 | | | | | 100% | | | | | 3.85% | | | | | | 6,300 | | | | | 100% | | | | | 3.4% | | | ||||||
Executive Officers and Directors | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||
John “Hil” Davis | | | | — | | | | | — | | | | | — | | | | | | — | | | | | — | | | | | — | | | ||||||
Laura Dowling | | | | — | | | | | — | | | | | — | | | | | | — | | | | | — | | | | | — | | | ||||||
Reid Yeoman | | | | — | | | | | — | | | | | — | | | | | | — | | | | | — | | | | | — | | | ||||||
Mark Lynn | | | | — | | | | | — | | | | | — | | | | | | — | | | | | — | | | | | — | | | ||||||
Trevor Pettennude | | | | — | | | | | — | | | | | — | | | | | | — | | | | | — | | | | | — | | | ||||||
Jameeka Aaron | | | | — | | | | | — | | | | | — | | | | | | — | | | | | — | | | | | — | | | ||||||
Huong “Lucy” Doan | | | | — | | | | | — | | | | | — | | | | | | — | | | | | — | | | | | — | | | ||||||
All executive officers, directors and director nominees as a group (7 persons) | | | | — | | | | | — | | | | | — | | | | | | — | | | | | — | | | | | — | | |
Name and Address of Beneficial Owner | | Number of Shares of Series C Convertible Preferred Stock Beneficially Owned | | Percentage of Shares Outstanding(1) | | Voting Power%(1) | | | Number of Shares of Series C Convertible Preferred Stock Beneficially Owned | | Percentage of Shares of Series C Convertible Preferred Stock Outstanding(1) | | Voting Power%(1) | | ||||||||||||||||||||||||
Five Percent Holders of DBG Series C Convertible Preferred Stock | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||
George Levy(2) | | | | 1,895 | | | | | 32.90% | | | | | 15.03% | | | | | | 1,895 | | | | | 39.6% | | | | | 13.2% | | | ||||||
Matthieu Leblan(3) | | | | 1,895 | | | | | 32.90% | | | | | 15.03% | | | | | | 1,895 | | | | | 39.6% | | | | | 13.2% | | | ||||||
Carol Ann Emquies(4) | | | | 650 | | | | | 11.28% | | | | | 5.16% | | | | | | 650 | | | | | 13.6% | | | | | 4.5% | | | ||||||
Executive Officers and Directors | | | | | | | | | | | | | | | | | ||||||||||||||||||||||
John “Hil” Davis | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||
Laura Dowling | | | | — | | | | | — | | | | | — | | | ||||||||||||||||||||||
Jenny Murphy(5) | | | | 288 | | | | | 6.0% | | | | | 2.0% | | |
Name and Address of Beneficial Owner | | | Number of Shares of Series C Convertible Preferred Stock Beneficially Owned | | | Percentage of Shares of Series C Convertible Preferred Stock Outstanding(1) | | | Voting Power%(1) | | |||||||||
Executive Officers and Directors | | | | | | | | | | | | | | | | | | | |
John “Hil” Davis | | | | | — | | | | | | — | | | | | | — | | |
Laura Dowling | | | | | — | | | | | | — | | | | | | — | | |
Reid Yeoman | | | | | — | | | | | | — | | | | | | — | | |
Mark Lynn | | | | | — | | | | | | — | | | | | | — | | |
Trevor Pettennude | | | | | — | | | | | | — | | | | | | — | | |
Jameeka Aaron | | | | | — | | | | | | — | | | | | | — | | |
Huong “Lucy” Doan | | | | | — | | | | | | — | | | | | | — | | |
All executive officers, directors and director nominees as a group (7 persons) | | | | | — | | | | | | — | | | | | | — | | |