On May 30, 2019, the Board of Directors (the “Board”) of Fox Factory Holding Corp. (the “Company”) appointed Richard T. Winters to succeed Michael C. Dennison as the President, Powered Vehicles Group effective June 29, 2019, following Mr. Dennison’s transition to the role of Chief Executive Officer (“CEO”) of the Company. Mr. Winters has served as Executive Vice President, Powered Vehicles Group since October 2018. Mr. Dennison’s transition to the role of CEO is part of the CEO succession plan developed by the Board, as disclosed in the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on February 26, 2019.

About Fox Factory Holding Corp. (NASDAQ:FOXF)

Fox Factory Holding Corp. designs, engineers, manufactures and markets performance ride dynamics products for customers across the world. The Company’s brand ride dynamics products are used primarily on bicycles (bikes), side-by-side vehicles (Side-by-Sides), on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles (ATVs), snowmobiles, specialty vehicles and applications, and motorcycles. The Company’s brands include FOX, FOX RACING SHOX and RACE FACE. The Company offers front fork and rear suspension products designed for cross-country, trail, all-mountain, free-ride and downhill riding primarily for the mountain bike market. Its mountain bike products are sold in various series, including Performance series, Performance Elite series and Factory series. It also offers suspension systems. Its suspension component products in the powered vehicle category range from two inch aluminum bolt-on shocks to its position sensitive internal bypass shocks.