Company: QXO-PB
Filing Date: 2025-02-24
Form Type: DFAN14A
Source: 0000950142-25-000521
Chunk: 1

Company: QXO, Inc.
Filing Date: 2025-02-24
Form: DFAN14A
Chunk 1
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’s Offer for Beacon Roofing - Best Interest of Shareholders QXO’s all-cash $ 124.25-per-share offer for Beacon Roofing Supply is highly compelling. A higher price than Beacon’s stock has ever traded. Delivers immediate cash at a 37% premium to the unaffected 90-day VWAP. Highly Attractive Significant premium, no regulatory delays, financing risks or due diligence condition. A higher price than Beacon's stock has ever traded.

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 and 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 loss and business disruption (including, without limitation, difficulties in maintaining
relationships with employees, customers or suppliers) may be greater than expected following the