Name change reflects company’s diverse and leading outdoor product portfolio
and growth prospects.

Bloomfield, NY August 6, 2018- Crosman Corporation, a subsidiary of Compass Diversified
Holdings, LLC (NYSE: CODI), today announced that its board of directors has approved its
holding company’s new name: Velocity Outdoor. The new corporate identity better reflects the
diverse portfolio of brands currently under the Crosman Corporation umbrella and highlights
the company’s strengths in the hunting, shooting and outdoor markets.

The name change does not impact any of the market-leading consumer brands, among them
Crosman and Benjamin Airguns, CenterPoint Archery and Optics, LaserMax, Copperhead, and
GameFace Airsoft. Velocity Outdoor will encompass these historic brands, which are known for
innovation, performance, quality, and value.

“Our company’s roots have been in the airgun category for more than 90 years, and it will
continue to represent an important core of our business,” said Bob Beckwith, Chief Executive
Officer. “We have also seen significant growth in our CenterPoint Archery brand and recently
acquired the LaserMax commercial business. The Velocity Outdoor name will be a strong
corporate umbrella to represent a diverse product portfolio and position us for future growth in
the outdoor sporting goods market.”

Product branding and packaging will not change, and our various branded websites will remain
the primary consumer-facing e-commerce and customer service websites for the near term.
Corporate information will be available at

About Velocity Outdoor
Velocity Outdoor’s history is rooted in the airgun industry, as it was originally founded in 1923
as Crosman Rifle Company. While it remains the market leader in airguns, airgun ammunition,
and consumables, Velocity has a diverse product lineup in the outdoor sporting goods industry
with CenterPoint Archery and Optics, LaserMax laser aiming devices, and GameFace Airsoft.
Velocity Outdoor is a subsidiary of Compass Diversified Holdings, LLC (NYSE: CODI). For more
information contact Jay Duncan at