<SEC-DOCUMENT>0001019056-19-000241.txt : 20190408
<SEC-HEADER>0001019056-19-000241.hdr.sgml : 20190408
<ACCEPTANCE-DATETIME>20190408063044
ACCESSION NUMBER:		0001019056-19-000241
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20190408
DATE AS OF CHANGE:		20190408
EFFECTIVENESS DATE:		20190408

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STEVEN MADDEN, LTD.
		CENTRAL INDEX KEY:			0000913241
		STANDARD INDUSTRIAL CLASSIFICATION:	FOOTWEAR, (NO RUBBER) [3140]
		IRS NUMBER:				133588231
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23702
		FILM NUMBER:		19736353

	BUSINESS ADDRESS:	
		STREET 1:		52-16 BARNETT AVE
		CITY:			LONG ISLAND CITY
		STATE:			NY
		ZIP:			11104
		BUSINESS PHONE:		7184461800

	MAIL ADDRESS:	
		STREET 1:		52-16 BARNETT AVENUE
		CITY:			LONG ISLAND CITY
		STATE:			NY
		ZIP:			11104

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MADDEN STEVEN LTD
		DATE OF NAME CHANGE:	19931008
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>smadden_defa14a.htm
<DESCRIPTION>DEFA14A
<TEXT>
<HTML>
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     <TITLE></TITLE>
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<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 12pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 4pt solid; border-bottom: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 14pt; text-transform: uppercase"><B>UNITED
STATES</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 14pt; text-transform: uppercase"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 12pt; text-transform: uppercase"><B>Washington,
D.C. 20549</B></FONT></P>



<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 18pt; text-transform: uppercase"><B>SCHEDULE
14A</B></FONT><BR>
<FONT STYLE="font-size: 12pt; text-transform: uppercase"><B>(Rule 14a-101)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 12pt; text-transform: uppercase"><B>INFORMATION
REQUIRED IN PROXY STATEMENT</B></FONT><BR>
<FONT STYLE="font-size: 12pt; text-transform: uppercase"><B>SCHEDULE 14A INFORMATION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 12pt; text-transform: uppercase"><B>Proxy Statement Pursuant to Section 14(a)
of the</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 12pt; text-transform: uppercase"><B>Securities
Exchange Act of 1934 (Amendment No. __)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Filed by the Registrant <FONT STYLE="font-family: Wingdings">&#254;</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt"><FONT STYLE="font-size: 10pt">Filed by a Party other than
the Registrant <FONT STYLE="font-family: Wingdings">o</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt"><FONT STYLE="font-size: 10pt">Check the appropriate box:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font: 10pt Wingdings">o</FONT><FONT STYLE="font-size: 10pt">&nbsp;Preliminary
Proxy Statement</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font: 10pt Wingdings">o</FONT><FONT STYLE="font-size: 10pt">&nbsp;Confidential,
for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font: 10pt Wingdings">o</FONT><FONT STYLE="font-size: 10pt">&nbsp;Definitive
Proxy Statement</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font: 10pt Wingdings">&#254;</FONT><FONT STYLE="font-size: 10pt">&nbsp;Definitive
Additional Materials</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font: 10pt Wingdings">o</FONT><FONT STYLE="font-size: 10pt">&nbsp;Soliciting
Material Pursuant to &#167;240.14a-12</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; font: 24pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 24pt"><B>Steven
    Madden, Ltd.</B></FONT></td></tr>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(Name
    of Registrant as Specified in Its Charter)</FONT></td></tr>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(Name
    of Person(s) Filing Proxy Statement, if Other Than the Registrant)</FONT></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt"><FONT STYLE="font-size: 10pt">Payment of Filing Fee (Check
the appropriate box):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font: 10pt Wingdings">&#254;</FONT><FONT STYLE="font-size: 10pt">&nbsp;No
fee required.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font: 10pt Wingdings">o</FONT><FONT STYLE="font-size: 10pt">&nbsp;Fee
computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.65in">&nbsp;</TD>
    <TD STYLE="width: 0.35in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(1)</FONT></td>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title
    of each class of securities to which transaction applies:</FONT></td></tr>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(2)</FONT></td>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Aggregate
    number of securities to which transaction applies:</FONT></td></tr>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(3)</FONT></td>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Per
    unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which
    the filing fee is calculated and state how it was determined):</FONT></td></tr>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(4)</FONT></td>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Proposed
    maximum aggregate value of transaction:</FONT></td></tr>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(5)</FONT></td>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Total
    fee paid:</FONT></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font: 10pt Wingdings">o</FONT><FONT STYLE="font-size: 10pt">&nbsp;Fee
paid previously with preliminary materials.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font: 10pt Wingdings">o</FONT><FONT STYLE="font-size: 10pt">&nbsp;Check
box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of
its filing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.65in">&nbsp;</TD>
    <TD STYLE="width: 0.35in"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Amount Previously Paid:&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Form, Schedule or Registration Statement No.:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Filing Party:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Date Filed:</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.5in"></P>
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    <!-- Field: /Page -->

<P STYLE="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><FONT SIZE=2>&nbsp;</FONT></P>

<P STYLE="text-align: center; font-family: Arial, Helvetica, Sans-Serif; margin-bottom: 0pt"><FONT STYLE="font: 17pt Times New Roman, Times, Serif"><B>***
Exercise Your <I>Right</I> to Vote ***</B></FONT><BR>
<FONT STYLE="font-size: 12pt"><B>Important Notice Regarding the Availability of Proxy Materials for the <BR>
Stockholder Meeting to
Be Held on May 24, 2019.</B></FONT></P>

<TABLE ALIGN="CENTER" BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 90%; font-family: Arial, Helvetica, Sans-Serif; margin-bottom: 0">
<TR STYLE="font: 1px Arial, Helvetica, Sans-Serif">
<TD STYLE="width: 48%; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="width: 2%; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif; background-color: White"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="width: 5%; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="width: 12%; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="width: 32%; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="width: 1%; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font: 3px Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif; background-color: White"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="border-left: black 1px solid; border-top: black 1px solid; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="border-right: black 1px solid; border-top: black 1px solid; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font: 3px Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; background-color: White; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="border-left: black 1px solid; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="border-right: black 1px solid; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; background-color: White; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="border-left: black 1px solid; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 11pt"><B><U>Meeting
                                         Information</U></B></FONT></P>
</TD>
<TD STYLE="border-right: black 1px solid; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font: 5px Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; background-color: White; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="border-left: black 1px solid; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="border-right: black 1px solid; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
<TD ROWSPAN="2" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 12pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;STEVEN
MADDEN, LTD. </B></FONT></P>
</TD>
<TD STYLE="vertical-align: top; background-color: White; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 9pt"><B>&nbsp;&nbsp;Meeting
                                         Type:</B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annual
                                         Meeting</FONT></P>
</TD>

<TD STYLE="border-right: black 1px solid; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
</TR>

<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">

















<TD STYLE="vertical-align: top; background-color: White; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;<B>For
                                         holders as of:</B> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;March 29, 2019</FONT></P>
</TD>

<TD STYLE="border-right: black 1px solid; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; background-color: White; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;<B>Date:</B>&nbsp;May
                                         24, 2019&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <B>Time:</B> 10:00 AM
                                         EDT</FONT></P>
</TD>
<TD STYLE="border-right: black 1px solid; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font: 5px Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; background-color: White; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="border-left: black 1px solid; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="border-right: black 1px solid; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
<TD ROWSPAN="5" STYLE="text-align: left; font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom"><FONT STYLE="font-size: 8pt"><IMG SRC="smadden001.jpg" ALT="(LOGO)"></FONT></TD>
<TD STYLE="vertical-align: top; background-color: White; font-family: Arial, Helvetica, Sans-Serif"></TD>
<TD NOWRAP STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;<B>Location:&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></P>
</TD>
<TD COLSPAN="2" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 9pt">Company&rsquo;s
                                         Showroom <BR>
                                         1370 Avenue of the Americas <BR>
                                         14th Floor <BR>
                                         New York, New York 10019</FONT></P>
</TD>
<TD STYLE="border-right: black 1px solid; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
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<TD STYLE="border-right: black 1px solid; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
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<TD STYLE="vertical-align: top; background-color: White; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
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</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
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<TR STYLE="font: 8px Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif; background-color: White"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
<TD STYLE="text-align: left; font-family: Arial, Helvetica, Sans-Serif; vertical-align: top"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt"><I>STEVEN
                                         MADDEN, LTD. <BR>
ATTN: ARVIND DHARIA <BR>
52-16 BARNETT AVENUE <BR>
LONG ISLAND CITY, NY 11104</I>
                                         </FONT></P>
</TD>

<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif; background-color: White"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><DIV STYLE="text-align: justify; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 9.5pt">You
                                         are receiving this communication because you hold shares in the company named above.</FONT></DIV>
<DIV STYLE="text-align: justify; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 9.5pt"><BR>This is not a ballot.
You cannot use this notice to vote these shares. This communication presents only an overview of the more complete proxy materials
that are available to you on the Internet. You may view the proxy materials online at <I>www.proxyvote.com </I>or easily request
a paper copy (see reverse side).</FONT></DIV>

<DIV STYLE="text-align: justify; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 9.5pt"><BR>
We encourage you to access and review all of the important information contained in the proxy materials before voting.</FONT></DIV>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: justify; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
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<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif; background-color: White"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: justify; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: justify; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif; background-color: White"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="vertical-align: top; background-color: BLACK; padding: 8px; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: justify; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 11pt; color: WHITE"><B>See
                                         the reverse side of this notice to obtain proxy materials and voting instructions.</B></FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: justify; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>
</TD>
</TR>
</table>

<P STYLE="font-family: Arial, Helvetica, Sans-Serif; margin-bottom: 0pt; margin-top: 0"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>

<P STYLE="font-family: Arial, Helvetica, Sans-Serif; margin-bottom: 0pt; margin-top: 0"><FONT STYLE="font-size: 8pt">E72431-P22114</FONT></P>

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</TD>
<TD STYLE="width: 3%; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
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</TD>
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<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD ROWSPAN="2" NOWRAP STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle"><P STYLE="font-family: Times New Roman, Times, Serif"><FONT STYLE="font-size: 18pt"><B>&nbsp;Before You Vote&nbsp;</B></FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
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</TD>
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<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; padding-bottom: 1px; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; padding-bottom: 1px; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
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<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
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</TD>
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                                         to Access the Proxy Materials</FONT></P>
</TD>
</TR>
<TR STYLE="font: 4px Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
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<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
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<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
</TD>
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</TD>

<TD STYLE="width: 35%; vertical-align: top; border-top: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
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<TD STYLE="width: 1%; vertical-align: top; border-top: black 1px solid; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
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<TR STYLE="font: 1px Arial, Helvetica, Sans-Serif">
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<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>

<TD COLSPAN="9" ROWSPAN="2" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt"><B>Proxy Materials Available to VIEW or RECEIVE:</B></FONT></P>
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<TD COLSPAN="9" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">1. NOTICE AND PROXY STATEMENT&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.
ANNUAL REPORT WITH 10-K</FONT></P>
</TD>
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<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="background-color: White; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-bottom: 2pt"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="9" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-bottom: 2pt"><P STYLE="margin-right: 0in; font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-size: 10pt">Have the information
                                                                                       that is printed in the box marked by the arrow <FONT STYLE="font-family: WINGDINGS">&#232;</FONT> <FONT  SIZE=2 STYLE="BORDER:SOLID BLACK 1PX">&nbsp;XXXX XXXX XXXX XXXX&nbsp;</FONT> (located on the following page) and visit: <I>www.proxyvote.com.</I> </FONT></P>
</TD>
<TD STYLE="vertical-align: top; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-bottom: 2pt"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font: 5px Arial, Helvetica, Sans-Serif">
    <TD STYLE="background-color: White; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="9" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="background-color: White; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="9" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt"><B>How to Request and Receive a PAPER or E-MAIL
Copy:</B></FONT></P>
</TD>
<TD STYLE="vertical-align: top; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="background-color: White; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="9" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-size: 10pt">If you want to receive a paper or e-mail copy
of these documents, you must request one. There is NO charge for requesting a copy. Please choose one of the following methods
to make your request:</FONT></P>
</TD>
<TD STYLE="vertical-align: top; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="background-color: White; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD NOWRAP STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">1)&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt"><I>BY INTERNET</I>:</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">www.proxyvote.com</FONT></P>
</TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"></TD>
<TD STYLE="vertical-align: top; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="background-color: White; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">2)</FONT></P>
</TD>
<TD NOWRAP STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt"><I>BY TELEPHONE</I>:&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">1-800-579-1639</FONT></P>
</TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"></TD>
<TD STYLE="vertical-align: top; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="background-color: White; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">3)</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt"><I>BY E-MAIL*</I>:</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">sendmaterial@proxyvote.com</FONT></P>
</TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"></TD>
<TD STYLE="vertical-align: top; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font: 5px Arial, Helvetica, Sans-Serif">
    <TD STYLE="background-color: White; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="9" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="background-color: White; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>

<TD COLSPAN="9" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="padding-top: 3px; padding-bottom: 3px; line-height: 14pt; font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-size: 10pt">*&nbsp;&nbsp;If
                                                                                       requesting materials by e-mail, please send a blank e-mail with the information that is printed in the box marked by the arrow&nbsp;<FONT STYLE="font-family: WINGDINGS">&#232;</FONT>&nbsp;<FONT  SIZE=2 STYLE="BORDER:SOLID BLACK 1PX">&nbsp;XXXX&nbsp;XXXX&nbsp;XXXX&nbsp;XXXX&nbsp;</FONT> (located on the
                                                                                       following page) in the subject line.</FONT></P>
</TD>

<TD STYLE="vertical-align: top; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="background-color: White; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="9" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-size: 10pt">Requests, instructions and other inquiries
sent to this e-mail address will NOT be forwarded to your investment advisor. Please make the request as instructed above on or
before May 10, 2019 to facilitate timely delivery.</FONT></P>
</TD>

<TD STYLE="vertical-align: top; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
</TR>

<TR STYLE="font: 5px Arial, Helvetica, Sans-Serif">
    <TD STYLE="background-color: White; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; border-bottom: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-bottom: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-bottom: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-bottom: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-bottom: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
<TD COLSPAN="5" STYLE="vertical-align: top; border-bottom: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; border-bottom: black 1px solid; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
</TR>

<TR STYLE="background-color: White">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
</TR>

</table>

<TABLE ALIGN="CENTER" BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font-family: Arial, Helvetica, Sans-Serif">
<TR STYLE="font: 1px Arial, Helvetica, Sans-Serif">
<TD STYLE="width: 40%; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="width: 3%; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="width: 14%; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="width: 3%; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="width: 40%; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD ROWSPAN="2" NOWRAP STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle"><P STYLE="font-family: Times New Roman, Times, Serif"><FONT STYLE="font-size: 18pt"><B>&nbsp;How
                                         To Vote&nbsp;</B></FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font: 1px Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; padding-bottom: 1px; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; padding-bottom: 1px; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
<TD COLSPAN="5" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 12pt">Please
                                         Choose One of the Following Voting Methods</FONT></P>
</TD>
</TR>
<TR STYLE="font: 4px Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
</TD>
</TR>
</table>

<TABLE ALIGN="CENTER" BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font-family: Arial, Helvetica, Sans-Serif; margin-bottom: 0">
<TR STYLE="font: 1px Arial, Helvetica, Sans-Serif">
<TD STYLE="width: 1%; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif; background-color: White"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="width: 2%; vertical-align: top; border-top: black 1px solid; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="width: 63%; vertical-align: top; border-top: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="width: 6%; vertical-align: top; border-top: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
</td>
<TD STYLE="width: 27%; vertical-align: top; border-top: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
</td>
<TD STYLE="width: 1%; vertical-align: top; border-top: black 1px solid; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif; background-color: White"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"></TD>
<TD STYLE="vertical-align: top; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; background-color: White; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: justify; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt"><B>Vote In Person:</B>
Many stockholder meetings have attendance requirements including, but not limited to, the possession of an attendance ticket issued
by the entity holding the meeting. Please check the meeting materials for any special requirements for meeting attendance. At
the meeting, you will need to request a ballot to vote these shares.</FONT></P>
</TD>
<TD STYLE="vertical-align: top; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; background-color: White; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"></TD>
<TD STYLE="vertical-align: top; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; background-color: White; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="padding-top: 3px; padding-bottom: 3px; line-height: 14pt; font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Vote
                                                                                       By Internet:</B> To vote now by Internet, go to <I>www.proxyvote.com</I>. Have the information that is printed in the box
                                                                                       marked by the arrow&nbsp;<FONT STYLE="font-family: WINGDINGS">&#232;</FONT>&nbsp;<FONT  SIZE=2 STYLE="BORDER:SOLID BLACK 1PX">&nbsp;XXXX&nbsp;XXXX&nbsp;XXXX&nbsp;XXXX&nbsp;</FONT> (located on the following page) available and follow the instructions.</FONT></p>
</TD>

<TD STYLE="vertical-align: top; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; background-color: White; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"></TD>
<TD STYLE="vertical-align: top; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; background-color: White; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: justify; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt"><B>Vote By Mail:</B> You
can vote by mail by requesting a paper copy of the materials, which will include a proxy card.</FONT></P>
</TD>
<TD STYLE="vertical-align: top; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
<TD STYLE="vertical-align: top; background-color: White; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; border-left: black 1px solid; border-bottom: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="vertical-align: top; border-bottom: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; border-bottom: black 1px solid; border-right: black 1px solid; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>
</TD>
</TR>
<TR STYLE="background-color: White">
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD COLSPAN="3" STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
<TD STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
</TD>
</TR>
</table>


<P STYLE="font-family: Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0pt"><FONT STYLE="font-size: 8pt">E72432-P22114</FONT></P>

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<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 33%; font-family: Arial, Helvetica, Sans-Serif">
 <TR STYLE="font: 1px Arial, Helvetica, Sans-Serif">
 <TD STYLE="width: 100%; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt"></FONT></P>
 </TD>
 </TR>
 <TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
 <TD STYLE="border: BLACK 2pt solid; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-bottom: 2pt"><P STYLE="text-align: center; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt"><B>Voting
                                         Items</B></FONT></P>
 </TD>
 </TR>
</TABLE>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 32%; font-family: Arial, Helvetica, Sans-Serif">
 <TR STYLE="font: 1px Arial, Helvetica, Sans-Serif">
 <TD STYLE="width: 30%; vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></P>
 </TD>
 </TR>
 <TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
 <TD NOWRAP STYLE="vertical-align: top; font-family: Arial, Helvetica, Sans-Serif"><P STYLE="text-align: justify; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt"><B>The
                                         Board of Directors recommends you vote FOR<BR>
the following:</B></FONT></P>
 </TD>
 </TR>
</TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 80%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1.</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-bottom: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Election of
    Directors</FONT></TD>
    <TD STYLE="padding-top: 2pt; font: 8pt Arial, Helvetica, Sans-Serif; padding-bottom: 2pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font: 8pt Arial, Helvetica, Sans-Serif; padding-bottom: 2pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Nominees:</B></FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="width: 3%; font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 3%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">01)</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 20%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Edward R. Rosenfeld</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 3%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">06)</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 51%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Ravi Sachdev</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">02)</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Mitchell S. Klipper</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">07)</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Thomas H. Schwartz</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">03)</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Rose Peabody Lynch</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">08)</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Robert Smith</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">04)</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Peter Migliorini</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">09)</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Amelia Newton Varela</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">05)</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Richard P. Randall</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD COLSPAN="5" STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>The Board of Directors recommends
    you vote FOR proposals 2, 3, 4 and 5.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">2.</FONT></TD>
    <TD COLSPAN="4" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">TO APPROVE AN AMENDMENT TO THE
    COMPANY&rsquo;S CERTIFICATE OF INCORPORATION TO INCREASE THE TOTAL NUMBER OF AUTHORIZED SHARES OF THE COMPANY&rsquo;S COMMON STOCK, $0.0001
    PAR VALUE, FROM 135,000,000 SHARES TO 245,000,000 SHARES.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">3.</FONT></TD>
    <TD COLSPAN="4" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">TO APPROVE THE STEVEN MADDEN,
    LTD. 2019 INCENTIVE COMPENSATION PLAN.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">4.</FONT></TD>
    <TD COLSPAN="4" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">TO RATIFY THE APPOINTMENT OF EISNERAMPER
    LLP AS THE COMPANY&rsquo;S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2019.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">5.</FONT></TD>
    <TD COLSPAN="4" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">TO APPROVE, BY NON-BINDING ADVISORY
    VOTE, THE EXECUTIVE COMPENSATION DESCRIBED IN THE STEVEN MADDEN, LTD. PROXY STATEMENT.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="4" STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD COLSPAN="5" STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>The Board of Directors recommends
    you vote AGAINST proposal 6.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">6.</FONT></TD>
    <TD COLSPAN="4" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">TO CONSIDER AND VOTE UPON A STOCKHOLDER
    PROPOSAL, IF PROPERLY PRESENTED, REGARDING A HUMAN RIGHTS RISK ASSESSMENT REPORT.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 8pt Arial, Helvetica, Sans-Serif">
    <TD COLSPAN="5" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>NOTE:</B> In their discretion,
    the proxies are authorized to vote upon such other business as may properly be presented at the meeting or any adjournments
    or postponements thereof.</FONT></TD></TR>
</TABLE>

<BR>

<P STYLE="font-family: Arial, Helvetica, Sans-Serif; margin-bottom: 0pt"><FONT STYLE="font-size: 8pt">E72433-P22114</FONT></P>

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