About Invited (formerly ClubCorp)
Since its founding in 1957, Dallas-based Invited has operated with the mission of Building Relationships and Enriching Lives®. The leading owner-operator of private golf and country clubs, city, and stadium clubs in North America, Invited is relentless in its pursuit of providing extraordinary experiences, meaningful
connections, shared passions, and memorable moments for its more than 400,000 members. The companys mission is supported by 20,000 peak-season employees and a portfolio of 200 owned or operated golf and country clubs, city clubs, sports clubs,
stadium clubs in 29 states. Invited creates communities and a lifestyle through its championship golf courses, workspaces, handcrafted cuisine, resort-style pools, tennis and pickleball facilities, golf lounges, fitness centers, and pioneering
programming.
Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In this context,
forward-looking statements address the Companys current intentions, expectations or beliefs regarding the acquisition of the BigShots brand or venues business and the benefits thereof, synergies and partnership with Invited, future closings of
acquisitions of futher BigShots assets, the Companys expansion plans and competitive positioning and may be preceded by, followed by or include the words aim, anticipate, believe, estimate,
expect, forecast, intend, likely, outlook, plan, potential, project, projection, seek, can, could,
may, should, would, will, the negatives thereof and other words and terms of similar meaning. These statements are based upon current information and expectations. Accurately estimating the
forward-looking statements is based upon various risks and unknowns, including future industry and market conditions, the ability to recognize the anticipated benefits of the acquisition and managements ability to integrate the BigShots
business with the Companys other businesses, risks related to expansion plans and the other risks and uncertainties described in the Companys Annual Report on Form 10-K for the year ended
December 31, 2022, and Forms 10-Q and 8-K subsequently filed with the Securities and Exchange Commission. Accordingly, there are or will be important factors that
could cause actual outcomes or results to differ materially from those indicated in these statements. There is no assurance that any forward-looking statements will materialize. You are cautioned not to place undue reliance on forward-looking
statements, which reflect expectations only as of this date. The Company does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise.
Contact:
Katina Metzidakis
invrelations@tcbrands.com
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Modern Golf is the dynamic and inclusive ecosystem that includes both
on-course and off-course golf. |