Callaway Golfing Corporate Publicizes Plans for New Company Title: Topgolf Callaway Manufacturers Corp.

Corporate to modify ticker to MODG, reflecting its management within the a lot greater,
extra dynamic and inclusive Fashionable Golfing ecosystem

CARLSBAD, Calif. , Aug. 24, 2022 /PRNewswire/ — Callaway Golfing Corporate (NYSE: ELY) (the “Corporate”) introduced these days plans to modify its company call to Topgolf Callaway Manufacturers Corp. (“Topgolf Callaway Manufacturers”). Following the Corporate’s merger with Topgolf in 2021, the call trade displays the Corporate’s dynamic emblem portfolio that has unrivaled scale and succeed in around the complete Fashionable Golfing and lively way of life ecosystem, together with on- and off-course golfing.

“We’re excited to introduce Topgolf Callaway Manufacturers, which higher recognizes our long-term strategic trail ahead, whilst emphasizing our distinctive and dominant management within the Fashionable Golfing house,” commented Chip Brewer, President and Leader Govt Officer of the Corporate. “With the trade, our new company id will make stronger the alternatives which can be anchored in our sturdy heritage industry and on the similar time construct necessary consciousness for our strategic shift in opposition to thrilling new ventures within the Fashionable Golfing and lively way of life segments.”

Mr. Brewer persevered, “We consider that Topgolf Callaway Manufacturers concurrently communicates powerful expansion and alter together with steadiness and power.”

The Corporate expects the company call trade to be efficient on or about September 6, 2022. In reference to the trade, efficient on or about September 7, 2022, the Corporate additionally intends to modify its ticker image at the New York Inventory Change from “ELY” to “MODG” to replicate the Corporate’s management place within the Fashionable Golfing ecosystem.

Following the company call trade, each and every of the Corporate’s manufacturers will retain their distinctive identities and go-to marketplace methods. Topgolf Callaway Manufacturers will proceed to be led by means of the present Callaway Golfing Corporate control workforce.

About Callaway Golfing Corporate (The long run Topgolf Callaway Manufacturers Corp.)
Callaway Golfing Corporate, which is converting its call to Topgolf Callaway Manufacturers Corp., is an unmatched tech-enabled Fashionable Golfing and lively way of life corporation handing over main golfing apparatus, attire, and leisure, with a portfolio of world manufacturers together with Topgolf, Callaway Golfing, TravisMathew, Toptracer, Odyssey, OGIO, Jack Wolfskin, and Global Golfing Excursion (“WGT”). “Fashionable Golfing” is the dynamic and inclusive ecosystem that comes with each on-course and off-course golfing. For more info, please consult with ir.callawaygolf.com.

Ahead-Taking a look Statements

This press free up incorporates forward-looking statements as outlined below the Non-public Securities Litigation Reform Act of 1995. Those statements come with the Corporate’s expectation of the efficient date of the call trade; the Corporate’s purpose for its not unusual stocks to proceed to be indexed for buying and selling at the New York Inventory Change below the brand new ticker image “MODG” starting on or about September 7, 2022, and different statements in regards to the Corporate’s “expectancies,” “ideals,” “hopes,” “intentions,” “methods,” or the like. Those statements are primarily based upon present knowledge and expectancies and contain unknown dangers, uncertainties, assumptions, and different elements, lots of that are out of the Corporate’s regulate and hard to forecast, which might reason exact effects to fluctuate materially from the forward-looking statements. For more information relating to those and different dangers and uncertainties that would have an effect on those statements and the Corporate’s industry, see the Corporate’s Annual Document on Shape 10-Ok for the 12 months ended December 31, 2021, in addition to different dangers and uncertainties detailed now and again within the Corporate’s experiences on Paperwork 10-Ok, 10-Q and 8-Ok therefore filed with the Securities and Change Fee. Readers are cautioned to not position undue reliance on those forward-looking statements, which discuss best as of the date hereof. The Corporate undertakes no legal responsibility to republish revised forward-looking statements to replicate occasions or instances after the date hereof or to replicate the incidence of unanticipated occasions.

Touch:
Patrick Burke
760-931-1771