WHP Global to Take Lands End Private at $45

WHP Global, through LEWHP, LLC, has made a going-private tender offer to purchase up to 2,222,222 shares of Lands End, Inc. common stock. The offer price is $45.00 per share in cash, without interest and less any applicable tax withholding.

The offer expired at 7:00 a.m. Eastern Time on March 31, 2026 and was not extended. As of expiration, 29,243,942 shares were validly tendered and not validly withdrawn, representing approximately 95.2% of issued and outstanding shares. Because tenders exceeded the offer cap, shares were accepted on a pro rata basis with a proration factor of approximately 7.6%.