Cox Smokers Outlet

Fairness Opinion

has sold common stock to the

Cox's Smokers Outlet, Inc. Employee Stock Ownership Plan

Advisor to the Buyer

Cox’s Smoker’s Outlet & Spirit Shoppes was first established in Louisville in 1995. Cox’s has 18 locations in and around Louisville including 12 locations that offer a full line of tobacco, cigars, liquor and wine.‍

Cox’s Smoker’s Outlet has sold common stock to the Cox’s Smokers Outlet, Inc. Employee Stock Ownership Plan.