Fossil Group, Inc. Announces Inducement Grants Under Nasdaq Listing Rule 5635(C)(4)

Core Points - Fossil Group, Inc. announced the granting of equity awards as a material inducement for the employment of newly-hired executives [1] - The appointed executives include Chief Digital Information Officer Antonio Carriero, Chief Commercial Officer Joe Martin, and Chief Financial Officer Randy Greben [2] - The equity awards consist of time-based restricted stock units (RSUs) with specific quantities for each executive [2][3] - The RSUs will vest over three years, contingent on the executives' continuous employment [3] - The awards were approved by the Company's Compensation and Talent Management Committee and granted outside the Company's equity incentive plan [4] Company Overview - Fossil Group, Inc. specializes in design, marketing, distribution, and innovation of lifestyle accessories [5] - The company offers a diverse portfolio of owned and licensed brands, including watches, jewelry, handbags, and more [5] - Fossil Group is committed to delivering high-quality design and innovation across its brands through an extensive distribution network [5]