No Shareholder Action Required at This Time

MarineMax, Inc., the world’s largest recreational boat and yacht retailer, marina operator and superyacht services company, today confirmed that it has received an unsolicited, non-binding indication of interest from The Donerail Group (“Donerail”) to acquire all of the Company’s outstanding common shares for $35.00 per share in cash.

MarineMax’s Board of Directors (the “Board”) remains focused on creating value for shareholders and other stakeholders. Consistent with its fiduciary duties, and in consultation with its independent financial and legal advisors, the Board will carefully review and evaluate the indication of interest and determine the course of action the Board believes is in the best interests of MarineMax and its shareholders and other stakeholders.

There is no action for MarineMax shareholders to take at this time.

Sidley Austin LLP is counsel to MarineMax and Wells Fargo is the Company’s financial advisor.

Source: BUSINESS WIRE