F9 Investments notes another shareholder of LL Flooring supports F9 nominees

F9 Investments, which together with its affiliates collectively owns approximately 8.85% of LL Flooring Holdings, noted that another significant Company shareholder, Donovan Royal, has independently voiced strong concerns regarding LL Flooring’s current strategy and leadership and has reiterated support for the election of F9’s three highly qualified nominees to the Company’s Board of Director at its 2024 Annual Meeting to be held on July 10, 2024. Mr. Royal is not affiliated with F9 Investments. Donovan Royal, a longtime flooring industry executive who holds approximately 4.6% of LL Flooring’s outstanding common stock as of the Company’s 2024 record date, yesterday issued a statement addressing certain mischaracterizations in LL Flooring’s most recent proxy materials regarding F9’s nominees and called out the Board for its failure to take accountability for the Company’s abysmal performance which has left LL Flooring at risk of going out of business.