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QXO and TopBuild Announce Election Deadline for TopBuild Stockholders to Elect Merger Consideration

  • QXO, Inc. & TopBuild Corp. announced that TopBuild stockholders must elect their consideration form by 5:00 p.m. Eastern Time on June 29, 2026.
  • Eligible TopBuild stockholders may choose between $505.00 in cash or 20.200 shares of QXO common stock for each share held prior to the merger closing.
  • Stockholders failing to make a proper election by the deadline will automatically receive stock consideration.
  • Stockholders entitled to fractional QXO shares will receive cash in lieu of such fractions.
  • Election materials must be delivered to Equiniti Trust Company, LLC by the deadline, with additional information sent to stockholders starting June 4, 2026.
  • Questions regarding the election process can be directed to Innisfree M&A Incorporated at (877) 750-8129.
  • The joint proxy statement/prospectus filed with the SEC on May 29, 2026, contains detailed descriptions of the merger terms & election procedures.
  • QXO is the largest publicly traded distributor of roofing & waterproofing products & the second largest in lumber & building materials in North America.
  • TopBuild is the largest distributor & installer of insulation & related building products in North America, operating over 450 locations.
  • The communication includes forward-looking statements & cautionary language regarding risks such as deal completion, regulatory approval, & financial uncertainties.