Company: QXO-PB
Filing Date: 2025-02-25
Form Type: DFAN14A
Source: 0000950142-25-000534
Chunk: 2

Company: QXO, Inc.
Filing Date: 2025-02-25
Form: DFAN14A
Chunk 2
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 programming,
training and technical support, and develops proprietary software. As a value-added reseller of business application software, QXO offers
solutions for accounting, financial reporting, enterprise resource planning, warehouse management systems, customer relationship management,
business intelligence and other applications. QXO plans to become a tech-forward leader in the $800 billion building products distribution
industry. The company is targeting tens of billions of dollars of annual revenue in the next decade through accretive acquisitions and
organic growth. Visit www.qxo.com for more information.

Forward-Looking Statements

This communication contains forward-looking statements. Statements
that are not historical facts, including statements about beliefs, expectations, targets, goals, regulatory approval timing and nominating
directors are forward-looking statements. These statements are based on plans, estimates, expectations and/or goals at the time the statements
are made, and readers should not place undue reliance on them. In some cases, readers can identify forward-looking statements by the use
of forward-looking terms such as “may,” “will,” “should,” “expect,” “opportunity,”
“intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,”
“potential,” “target,” “goal,” or “continue,” or the negative of these terms or other
comparable terms. Forward-looking statements involve inherent risks and uncertainties and readers are cautioned that a number of important
factors could cause actual results to differ materially from those contained in any such forward-looking statements. Such factors include
but are not limited to: the ultimate outcome of any possible transaction between QXO, Inc. (“QXO”) and Beacon Roofing Supply,
Inc. (“Beacon”), including the possibility that the parties will not agree to pursue a business combination transaction or
that the terms of any definitive agreement will be materially different from those proposed; uncertainties as to whether Beacon will cooperate
with QXO regarding the proposed transaction; the ultimate result should QXO commence a proxy contest for election of directors to Beacon’s
Board of Directors; QXO’s ability to consummate the proposed transaction with Beacon; the conditions to the completion of the proposed
transaction, including the receipt of any required shareholder approvals and any required regulatory approvals; QXO’s ability to
finance the proposed transaction; the substantial indebtedness QXO expects to incur in connection with the proposed transaction and the
need to generate sufficient cash flows to service and repay such debt; that operating costs, customer