Destination XL Group, Inc. to Review Unsolicited Tender Offer from Zodiac Partners II

Destination XL Group, Inc. (DXL) is carefully evaluating an unsolicited tender offer from Zodiac Partners II, LLC for $0.82 per share. The DXL Board of Directors, with the assistance of independent financial and legal advisors, is considering the offer in light of the company's existing merger agreement with FBB Holdings I, Inc. (FullBeauty). The Board will provide a recommendation to shareholders in due course and advises shareholders to take no immediate action. DXL will file a Solicitation/Recommendation Statement on Schedule 14D-9 with the SEC within ten business days, which will outline the Board's position on the offer. Guggenheim Securities, LLC is serving as DXL's financial advisor, Greenberg Traurig, LLP as legal advisor, and Joele Frank, Wilkinson Brimmer Katcher as strategic communications advisor. DXL also provided information regarding its merger with FullBeauty and its ongoing business operations.