Exhibit 99.3 VINCE HOLDING CORP. TO ENTER INTO A TRANSFORMATIVE STRATEGIC PARTNERSHIP WITH AUTHENTIC BRANDS GROUP INVESTOR PRESENTATION APRIL 2023
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4 Transformative Strategic Partnership to Position Vince for Long-Term Success • Vince Holding Corp. (“VNCE”) and Authentic Brands Group (“Authentic”) to enter into a licensing arrangement whereby VNCE contributes its intellectual property to a newly formed “ABG Vince” entity for a total consideration of $76.5 million in cash from Authentic and a 25% membership interest in ABG Vince. • In connection with the Transaction, VNCE will enter into an exclusive, long-term license agreement to use the contributed intellectual property for VNCE’s existing business in a manner consistent with the Company’s current wholesale, retail and e-commerce operations. The License Agreement contains an initial ten-year term and eight ten- year renewal options allowing VNCE to renew the agreement. • Transaction strengthens and deleverages VNCE’s balance sheet allowing for greater flexibility to accelerate strategic growth initiatives.
Transaction Overview • VNCE will contribute 100% of its intellectual property to a newly formed “ABG Vince” partnership • VNCE will receive a total consideration of: Purchase Price & – $76.5 million in cash from Authentic Structure – 25% membership interest in ABG Vince • VNCE will remain a publicly-traded entity and continue its existing operations • VNCE will enter into a long-term license agreement with ABG Vince, in which it will retain the rights to the VNCE IP for its current operations – % Royalty rate on wholesale net sales: mid-single digit Key Terms – % Royalty rate on direct-to-consumer net sales (retail and e-commerce): low-single digit • VNCE will receive quarterly cash distributions from ABG Vince, equal to 25% of ABG Vince's net cash • VNCE to strengthen balance sheet and overall liquidity position and increase working capital Use of Proceeds – Plans to repay in full the outstanding balance of $27.7 million under its Term Loan Credit Facility – Plans to repay a portion of the outstanding borrowings under its Revolving Credit Facility • Transaction expected to close within calendar Q2 2023, subject to customary closing conditions Timing
* 551M+ S O CI AL M EDI A F OLLOWERS 10B+ AN N U AL S O CIAL M EDI A I MPR ES SIO NS 1B+ AN N U AL WEB VI SI TO RS 198B+ AN N U AL PR I M PR ESSI ONS Authentic Brands Group (Authentic) is a global brand development, marketing and entertainment platform, which owns a portfolio of more than 40 iconic and world-renowned Lifestyle, Entertainment and Media brands. * * 40+ $28.5B+ 11,300+ B R AN DS, I CO NS & GLO B AL AN N UAL S TO R ES & S HO P-IN-SHO PS LEGEN DS R ETAIL S ALES 1,300+ 379K+ 150+ PAR TN ER N ETWOR K PO I N TS OF S ALE CO U N TRI ES * Pending acquisition in Q3 2023
L I F E STYL E LUXE FASHION CLASSIC BOARD SPORTS HOME ACTIVE & OUTDOOR * * * * * * * E N T E R TA I N M E N T MEDIA STUDIOS FINE ART EVENTS & EXPERIENCES FOOD & BEVERAGE ICONS LIVING LEGENDS TERRY O’NEILL ED CARAEFF SEA RCH TED WILLIAMS EVA SERENY GERED MANKOWITZ
Illustrative Transaction Structure Vince Brand Intellectual Property (+ Royalty Payments) Vince Holding Corp. 25%Ownership (NYSE:VNCE) (a) Quarterly Cash Distribution ABG Vince $76.5M Cash 75%Ownership Authentic Brands Group a) Quarterly cash distribution equal to 25% of ABG Vince’s net cash.
Transaction Creates Opportunity to Drive Value for Stakeholders Healthier balance sheet enables near-term opportunities acrossorganization to enhance focus on: ➢ Driving margin expansion through disciplinedcost management and reduced promotional activity ➢ Executing strategic growth initiatives o Leverage enhanced e-commerce capabilities and CDP platform to drive greater loyalty and conversion, and capture broader customer base Vince Holding o Expand international presence in APAC, Canada and select European countries o Grow Men’s business to larger percentage of total sales mix Corp. o Selectively expand retail doors in U.S. market ➢ Strengthening vendor relationships Better positioned to capitalize on opportunities that may arise to drive long-term success and stakeholder value Leverage Authentic's expertise and platform to expand Vince brand into adjacentproduct categories and territories ABG Vince
