SWBI · JDH Capital I, L.P

JDH Capital I, L.P. and related entities (JDH Capital Co, Hildebrand Enterprises Co, Jeffery D. Hildebrand, Melinda B. Hildebrand) filed Form 3 initial statements of beneficial ownership for Smith & Wesson Brands, Inc., disclosing 8,993,968 shares of common stock held by JDH Capital I, L.P. This is a routine initial ownership filing triggered by becoming a 5%+ holder, not a new purchase or sale.

• JDH Capital I, L.P. holds 8,993,968 shares of SWBI common stock.
• The filing is an initial statement of beneficial ownership (Form 3), not a trade.
• Reporting persons include JDH Capital I, L.P., JDH Capital Co, Hildebrand Enterprises Co, Jeffery D. Hildebrand, and Melinda B. Hildebrand.
• The shares are held of record by JDH Capital I, L.P., with the other entities and individuals deemed to share beneficial ownership.