| | | | 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 | | |||
Common Stock | | | | | 7,927,549 | | | | One / share | | | 7,927,549 | |
Series A Convertible Preferred Stock | | | | | 6,300 | | | | One / share (voting on an as-converted basis) | | | 9,130,434677,419(1) | |
Series B Preferred Stock | | | | | 1 | | | | 250,000,000 /share only on Reverse Stock Split Proposal | | | 250,000,000 votes only on Reverse Stock Split Proposal | |
Series C Convertible Preferred Stock | | | | | 5,761 | | | | One / share (voting on an as-converted basis) | | | 8,349,2758,034,867(2) | |
Class | | | Number of Shares | | | Votes/Share | | | Number of Votes | | ||||||
Common Stock | | | | | 800,859 | | | | One / share | | | | | 800,859 | | |
Series A Convertible Preferred Stock | | | | | 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(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 | | |
Name of Beneficial Owner | | Number of Shares Beneficially Owned | | Percentage of Shares Beneficially Owned | | |||||||||||||||||||||||||||
| | Common Stock | | Total Voting Power % | | |||||||||||||||||||||||||||
Name of Beneficial Owners | | Shares | | % | | | | | | | ||||||||||||||||||||||
Executive Officers and Directors | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||
John “Hil” Davis(1) | | | | 17,136 | | | | | * | | | | | | 685 | | | | | * | | | | | * | | | |||||
Laura Dowling(2) | | | | 3,347 | | | | | * | | | | | | 134 | | | | | * | | | | | * | | | |||||
Reid Yeoman(3) | | | | 1,140 | | | | | * | | | | | | 46 | | | | | * | | | | | * | | | |||||
Mark Lynn(4) | | | | 5,074 | | | | | * | | | | | | 203 | | | | | * | | | | | * | | | |||||
Trevor Pettennude(5) | | | | 3,286 | | | | | * | | | | | | 131 | | | | | * | | | | | * | | | |||||
Jameeka Aaron(6) | | | | 150 | | | | | * | | | | | | 6 | | | | | * | | | | | * | | | |||||
Huong “Lucy” Doan(7) | | | | 200 | | | | | * | | | | | | 8 | | | | | * | | | | | * | | | |||||
All executive officers, directors and director nominees as a group (7 persons) (8) | | | | 30,333 | | | | | * | | | | | | 1,213 | | | | | * | | | | | * | | | |||||
Five Percent Holders of Common Stock | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||
D. Jones Tailored Collection, Ltd.(9) | | | | 1,974,501 | | | | | 24.91% | | | | | | 78,980 | | | | | 9.9% | | | | | 9.9% | | | |||||
Boco4-DSTLD-Senior Debt, LLC(10) | | | | 677,419 | | | | | 7.87% | | | |||||||||||||||||||||
George Levy(11) | | | | 2,642,957 | | | | | 25% | | | |||||||||||||||||||||
Matthieu Leblan(12) | | | | 2,642,957 | | | | | 25% | | | |||||||||||||||||||||
Moise Emquies(13) | | | | 1,370,297 | | | | | 14.75% | | | |||||||||||||||||||||
Carol Ann Emquies(14) | | | | 906,556 | | | | | 10.26% | | | |||||||||||||||||||||
George Levy(10) | | | | 105,719 | | | | | 13.2% | | | | | 13.2% | | | ||||||||||||||||
Matthieu Leblan(11) | | | | 105,719 | | | | | 13.2% | | | | | 13.2% | | | ||||||||||||||||
Moise Emquies(12) | | | | 54,813 | | | | | 6.8% | | | | | 6.8% | | |
Name and Address of Beneficial Owner | | Number of Shares of Series A Convertible Preferred Stock Beneficially Owned Before | | Percentage of Shares Outstanding Before(1) | | Number of Shares of Series A Convertible Preferred Stock Beneficially Owned After | | Percentage of Shares Outstanding After | | | 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% | | | | | 6,300 | | | | | 100% | | | | | | 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 Before | | | Percentage of Shares Outstanding Before(1) | | | Number of Shares of Series C Convertible Preferred Stock Beneficially Owned After | | | Percentage of Shares Outstanding After | | ||||||||||||
Five Percent Holders of DBG Series C Convertible Preferred Stock | | | | | | | | | | | | | | | | | | | | | | | | | |
George Levy(2) | | | | | 1,895 | | | | | | 32.90% | | | | | | 1,895 | | | | | | 32.90% | | |
Matthieu Leblan(3) | | | | | 1,895 | | | | | | 32.90% | | | | | | 1,895 | | | | | | 32.90% | | |
Moise Emquies(4) | | | | | 975 | | | | | | 16.92% | | | | | | 975 | | | | | | 16.92% | | |
Carol Ann Emquies(5) | | | | | 650 | | | | | | 11.28% | | | | | | 650 | | | | | | 11.28% | | |
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 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 | | | | | | 39.6% | | | | | | 13.2% | | |
Matthieu Leblan(3) | | | | | 1,895 | | | | | | 39.6% | | | | | | 13.2% | | |
Carol Ann Emquies(4) | | | | | 650 | | | | | | 13.6% | | | | | | 4.5% | | |
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) | | | | | — | | | | | | — | | | | | | — | | |