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Entwistle & Cappucci LLP and Susman Godfrey L.L.P. file a Securities class action complaint against Skechers U.S.A., Inc. and related defendants. * Oct 22, 2026 Entwistle & Cappucci LLP and Susman Godfrey L.L.P. today announced that they filed a class action complaint ("Complaint") against Skechers U.S.A., Inc. ("Skechers" or the "Company") and certain of its officers and directors (collectively, the "Skechers Defendants"), as well as 3G Capital Partners L.P., Greenhill & Co., LLC and related defendants (collectively, "Defendants") on behalf of a class (the "Class") consisting of all persons or entities that sold shares of Skechers Class A common stock from April 24, 2025 through September 12, 2025, including those who sold shares in the Take-Private acquisition (the "Take-Private Acquisition") of Skechers by 3G Capital Partners L.P. and its affiliates on September 12, 2025. The action ("Action") seeks to recover losses on behalf of Class members that were damaged as a result of an alleged scheme to deflate the price of Skechers stock through materially false and misleading statements and omissions of material facts in the April 24, 2025 Information Statement and related public reports concerning the Take-Private Acquisition, as well as other allegedly deceptive acts. Among other things, the Complaint alleges that the Skechers Defendants (i) falsely asserted that the Take-Private Acquisition and the $63 per share consideration were fair, (ii) made materially misleading statements about the mixed merger consideration and the impact of the U.S. and China tariffs on the Company, and (iii) misled investors about strategic alternatives and purported efforts to explore such alternatives. The Complaint further alleges that certain Defendants, including 3G Capital and Greenhill, engaged in a scheme and course of conduct to deceive Skechers shareholders. The misstatements, omissions and other wrongdoing set forth in the Complaint allegedly caused Class members to sell or exchange Skechers Class A common stock at artificially deflated prices and forgo their statutory right to appraisal. The Action was filed in the United States District Court for the Central District of California and is captioned: SM Merger/Arbitrage, L.P. v. Skechers U.S.A., Inc., et al., No. 2:26-cv-12327. The Complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Securities and Exchange Commission Rule 10b-5, promulgated thereunder. If you wish to serve as a lead plaintiff in this matter, you must file a motion with the Court no later than December 21, 2026. Any member of the proposed Class may move the Court to serve as a lead plaintiff through counsel of their choice, or they may choose to do nothing and remain a member of the Class. If you wish to discuss this Action or have any questions concerning this notice or your rights or interests, please contact: Robert N. Cappucci, Esq. of Entwistle & Cappucci at (212) 894-7200 or via e-mail at [email protected], or Krysta Kauble Pachman, Esq. of Susman Godfrey at (310) 789-3100 or via email at [email protected]. About Entwistle & Cappucci Entwistle & Cappucci is a national law firm providing exceptional legal representation to clients in the most complex and challenging legal matters. Its practice encompasses all areas of litigation, corporate transactions, bankruptcy, insurance, corporate investigations and white-collar defense. Its clients include public and private corporations, major hedge funds, public pension funds, governmental entities, leading institutional investors, domestic and foreign financial services companies, emerging business enterprises and individual entrepreneurs. For more information, visit www.entwistle-law.com. About Susman Godfrey For 40 years, Susman Godfrey has focused its nationally recognized practice on just one thing: high-stakes commercial litigation. It is one of the nation's leading law firms, with offices in Houston, Seattle, Los Angeles and New York. For more information, visit www.susmangodfrey.com. Media gallery

Skechers: former Snipes CEO Dennis Schröder is new head of EMEA region. 2 hours ago Automated translation Read the original in German US footwear provider Skechers has a new head for the Europe, Middle East and Africa (EMEA) region. In a post on the business network Linkedin, Dennis Schröder announced that he has been working as general manager EMEA for the brand since the beginning of September. Trade magazine Textilwirtschaft (TW) had previously reported on the appointment. According to his own statement, Schröder is now responsible at Skechers for "58 countries, more than 6,500 colleagues, over 1,000 stores, a fast-growing online business and two major logistics centres" in the region. Schröder led sportswear chain Snipes until spring. Schröder joins from retail chain Snipes, which belongs to the Deichmann Group and which he led as CEO from 2024 until spring. Most recently, he held an advisory role there. Prior to his time at Snipes, he worked for companies including 11Teamsports, Puma and Nike. In May, German sportswear provider Puma SE introduced Schröder as its designated head of Europe. According to a statement published in May, he was due to take over the role of managing director Europe in August. However, according to a report by TW, he never took up this post. Instead, Puma filled the position with former Nike manager Fokko de Rooi, who has been in office since October 1. Skechers was delisted from the stock exchange in September 2025 following its acquisition by financial investor 3G Capital and has no longer reported regularly on its business performance since then. In the US, the trainer specialist is now the second-largest footwear brand measured by pairs sold, according to its own figures. At the same time, Skechers is continuing to focus on expansion in the EMEA region, which achieved strong sales growth according to the latest available figures from last year. To support this momentum, the company recently built a new logistics centre in Belgium, among other initiatives. Dennis Schröder