The Radoff-Jumana Group Highlights Genesco Inc.’s Value Destruction and Calls for CEO Mimi Vaughn to Step Down as Chair of the Board of Directors

Issues Rebuttal Presentation Highlighting How Genesco’s July 1 Presentation Uses ‘Mimi Math’ to Cherry-Pick a Depressed Starting Share Price and Artificially High Ending Share Price in Order to Make the Company’s Performance Appear Better Than It Actually Is – Stock Is Down More Than 22% Since Cherry-Picked Date

Believes This Is the Latest Example of the Board Manipulating the Facts and Calls for Ms. Vaughn to Be Stripped of Her Board Chair Role

Calls on Genesco to Return Excess Cash to Shareholders via a Dutch Tender Offer for 1 Million Shares at the Earliest Possible Opportunity

HOUSTON--(BUSINESS WIRE)--Bradley L. Radoff, Jumana Capital Investments LLC and Christopher R. Martin (collectively, the “Radoff-Jumana Group” or “we”), who collectively own approximately 9.1% of the outstanding shares of Genesco Inc. (NYSE: GCO) (“Genesco” or the “Company”), today released a rebuttal presentation spotlighting several false and misleading claims made in the Company’s July 1, 2026 presentation.

The Radoff-Jumana Group also issued the following statement:

“Given the Board’s latest manipulation of the facts, we once again call for Ms. Vaughn to be stripped of the Chair role. It is clear to us that there is zero accountability in the boardroom so long as Ms. Vaughn is calling the shots. In fact, the Board should promote Andrew Gray to CEO if Ms. Vaughn continues to waste shareholder resources in an attempt to mislead investors and maintain her grip on the Company – he is effectively already running the business as CEO of the profitable Journeys segment.

We also urge the Company to conduct a Dutch tender offer for 1 million shares. The Company has excess cash, in our view, following its receipt of a $58.7 million tax refund and anticipated $23-$25 million tariff refund.¹ With excess real estate, inventory and overhead costs, we demand all excess cash be returned to shareholders at the soonest possible opportunity.”

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Vote FOR the Radoff-Jumana Group’s Nominees – Westervelt T. Ballard, Jr. and Paula J. Poskon – Today to Hold the Legacy Board Accountable for Years of Value Destruction and Send a Clear Signal for Change

Do NOT Vote for Joanna Barsh or Thurgood Marshall, Jr.

Questions about how to vote? Contact [phone] or [e-mail]

Visit www.saratogaproxy.com/Genesco to learn more

^1 Company Q1 2027 earnings press release dated May 29, 2026. Company Form 10-K for the fiscal year ended January 31, 2026 filed on March 25, 2026.