PARLUX HOLDINGS, INC.
BELLPORT, NY

Parlux Holdings, Inc., initially founded as a fragrance business by the Nussdorf family in 1980, has undergone significant transformation over the past three decades. Under the leadership of Stephen Nussdorf, Parlux Holdings has grown through strategic acquisitions and expansions across different facets of its operations. In 1997, the company made its first major acquisition with Sense of Worth, marking an expansion into the consignment business within the mass market arena. Further acquisitions in 2004 and 2006 enhanced Parlux's wholesale operations. By 2008, the creation of Perfumania Holdings, Inc., through the acquisition of free-standing retail doors integrated its wholesale, consignment, and brand operations under a single umbrella. A pivotal moment came in 2012 when Perfumania Holdings acquired Parlux, becoming a key manufacturer and global distributor of fine fragrances and beauty products. This enabled Parlux Holdings to offer licensing sourcing and product development for high-profile brands associated with fashion houses, celebrities, designers, and sports figures. Parlux's mission is centered on creating business value, fostering a culture of excellence, driving innovation across its business channels, and meeting the dynamic needs of retail customers and discerning consumers. The company remains committed to socially responsible practices while strengthening global reach and brand recognition. With core competencies in management, sales, licensing, and branding, Parlux Holdings supports its partners to achieve greater market share in a rapidly evolving industry landscape. The dedication to maintaining high-quality standards is reflected in their choice of suppliers, ensuring top-tier elements in product creation. The company places great importance on its associates as the foundation of its operations, valuing open communication and providing a robust training environment. Parlux Holdings' common stock is publicly traded on the NASDAQ Capital Market under the symbol "PERF," with ongoing efforts dedicated to enhancing shareholder value through stable relationships and effective business strategies. The company's headquarters are located at 35 Sawgrass Drive Suite #2 in Bellport, NY, and its operations adhere to Florida corporate regulations. Parlux Holdings continues to evolve with industry trends, maintaining robust growth opportunities supported by a competent leadership team comprising key figures such as Michael W. Katz (Manager) and Michael Anderson (CFO).