Vista Outdoor Inc. (“Vista Outdoor,” the “Company”) (NYSE: VSTO) today announced that it will hold the special meeting of stockholders to vote and approve the merger with the Czechoslovak Group a.s. (“CSG”) (the “CSG Transaction”) at 9 a.m. (Central Time) on November 25, 2024.

Vista Outdoor and CSG have received all regulatory approvals required under the merger agreement for the CSG Transaction and are prepared to close the CSG Transaction, subject to receipt of stockholder approval and satisfaction of other customary closing conditions.

As previously announced on October 4, 2024, the Board of Directors of Vista Outdoor unanimously approved the acquisition of Revelyst by Strategic Value Partners, LLC (the “SVP Transaction”). No separate approval of the SVP Transaction by Vista Outdoor stockholders is required. The SVP Transaction is subject to the closing of the CSG Transaction, as well as the receipt of necessary regulatory approvals and other customary closing conditions.

The Board of Directors unanimously recommends Vista Outdoor stockholders vote “FOR” the CSG Transaction at the upcoming special meeting of stockholders, which will be held at 9:00 am (Central Time) on November 25, 2024.

Vista Outdoor stockholders who need assistance completing the proxy card, need additional copies of the proxy materials or have questions regarding the upcoming meeting may contact the Company’s proxy solicitor, Innisfree M&A Incorporated at +1 (877) 750-9499 (toll free) or +1 (212) 750-5833 (banks and brokers).

Morgan Stanley & Co. LLC is acting as sole financial adviser to Vista Outdoor and Cravath, Swaine & Moore LLP is acting as legal adviser to Vista Outdoor. Moelis & Company LLC is acting as sole financial adviser to the independent directors of Vista Outdoor and Gibson, Dunn & Crutcher LLP is acting as legal adviser to the independent directors of Vista Outdoor.

About Vista Outdoor Inc.

Vista Outdoor (NYSE: VSTO) is the parent company of more than three dozen renowned brands that design, manufacture and market sporting and outdoor products. Brands include Bushnell, CamelBak, Bushnell Golf, Foresight Sports, Fox Racing, Bell Helmets, Camp Chef, Giro, Simms Fishing, QuietKat, Stone Glacier, Federal Ammunition, Remington Ammunition and more. Our reporting segments, Outdoor Products and Sporting Products, provide consumers with a wide range of performance-driven, high-quality and innovative outdoor and sporting products. For news and information, visit our website at www.vistaoutdoor.com