CCOM : 04.12.22 – Proxy – Proxy Statement

CCOM GROUP, INC.

275 Wagaraw Road Hawthorne, New Jersey 07506

Telephone [phone]

NOTICE OF SPECIAL MEETING OF SHAREHOLDERS

To Be Held on April 28, 2022

To the Shareholders of CCOM Group, Inc.:

NOTICE IS HEREBY GIVEN that a special meeting (the "Special Meeting") of the shareholders of CCOM Group, Inc. (the "Company", "we" or "our") will be held at the Company's offices at 275 Wagaraw Road, Hawthorne, NJ 07506 on April 28, 2022, at 11:00 a.m. local time. The Special Meeting will also be accessible telephonically by calling [phone] or [phone] and entering the access code 226-811-117.

The Special Meeting will be held for the following purposes:

Proposal 1 - to consider and vote on a proposal to adopt the Agreement and Plan of Merger dated as of March 17, 2022 (as it may be amended from time to time, the "Merger Agreement"), by and among the Company, Goodman Distribution, Inc. a Texas corporation ("Parent"), and Spiderman Merger Sub, Inc., a Delaware corporation aQd wholly owned subsidiary of Parent ("Merger Sub"), pursuant to which, among other things, Merger Sub will merge with and into the Company, with the Company as the surviving corporation (the "Surviving Corporation") and a wholly owned subsidiary of Parent (the "Merger"), and to approve the Merger, in each case, contingent upon the approval of Proposal 2;

Proposal 2 - to authorize an amendment of the Company's Restated Certificate of Incorporation (the "Amendment"), which Amendment will clarify and expressly provide that each share of convertible preferred stock of the Company, par value $.05 per share (such convertible preferred stock, the "Convertible Preferred Stock", and the holders thereof, the "Preferred Shareholders"), will be entitled to the same consideration, in form and amount, per share upon the consummation of a consolidation or merger as one share of common stock of the Company, par value $.05 per share (such common stock, the "Common Stock", and the holders thereof, the "Common Shareholders"); and

to act upon such other business as may properly come before the Special Meeting (provided that the Company does not know, at a reasonable time before the Special Meeting, that such matters are to be presented at the meeting) or any adjournment or postponement thereof.

Our Common Shareholders and Preferred Shareholders (collectively, the "Shareholders" and each a "Shareholder") as of the close of business on April 8, 2022 (the "Record Date") are entitled to notice of and to vote at the Special Meeting or at any adjournment thereof. All Shareholders of record are cordially invited to attend the Special Meeting. A list of our Shareholders as of the Record Date will be available at the Special Meeting upon the request of any Shareholder as of the Record Date.

We have described the Merger Agreement, the Merger and the Amendment and the factors carefully considered by the Board of Directors of the Company (the "Board") in arriving at its recommendations in the accompanying proxy statement, which you should read in its entirety before voting on the proposals set forth therein. A copy of the Merger Agreement is attached as Annex A to the proxy statement and a copy of the Amendment is attached as Annex B to the proxy statement.

The Board unanimously recommends that the Shareholders vote "FOR" Proposal 1 to adopt the Merger Agreement and approve the Merger and "FOR" Proposal 2 to authorize the Amendment. Under New York law, (i) the adoption of the Merger Agreement and approval of the Merger requires the affirmative vote of holders of two-thirds (2/3) of the aggregate voting power of outstanding shares of Common Stock and Convertible Preferred Stock, voting together as a single class, and (ii) the authorization of the Amendment requires the affirmative vote of (A) holders of a majority of the aggregate voting power of the outstanding shares of Convertible Preferred Stock, voting as a separate class, and (B) holders of a majority of the aggregate voting power of the outstanding shares of Common Stock and Convertible Preferred Stock, voting together as a single class.

With respect to each of the aforementioned proposals presented to the Shareholders for a vote, each Shareholder that holds Common Stock or Convertible Preferred Stock as of the Record Date shall have one (1) votefor each share of Common Stock or Convertible Preferred Stock owned by such Shareholder as of the close of business on the Record Date.

You also may submit a proxy by using the Internet by visitingwww.voteproxy.comor by dialing the following toll-free number: 1-800-776-9437. We have provided instructions on the proxy card for using these convenient services.

If you sign, date and return your proxy card without indicating how you wish to vote, your proxy will be voted in favor of (i) the adoption of the Merger Agreement and approval of the Merger, AND (ii) the authorization of the Amendment. If you fail to vote or submit your proxy (unless you are a record holder as of the Record Date, or you obtain a legal proxy from your bank, broker or other nominee, and you attend the Special Meeting in person), the effect will be that your shares will not be counted for purposes of determining whether a quorum is present at the Special Meeting and will have the same effect as a vote "AGAINST" each of Proposal 1 and Proposal 2.

Your proxy may be revoked at any time before the vote at the Special Meeting by following the procedures outlined in the accompanying proxy statement. If you are a Shareholder of record, attend the Special Meeting and wish to vote in person, you may revoke your proxy and vote in person.

BY ORDER OF THE BOARD OF DIRECTORS

/s/ Michael Goldman

Name: Michael Goldman

Title: Chairman of the Board of Directors

Dated April 12, 2022

Hawthorne, New Jersey

YOUR VOTE IS IMPORTANT

Your vote is important, regardless of the number of shares of Common Stock or Convertible Preferred Stock that you own. Whether or not you plan to attend the Special Meeting, please complete, sign, date and return the enclosed proxy. You also may submit a proxy by visitingwww.voteproxy.comor by dialing the following toll-free number: 1-800-776-9437. We have provided instructions on the proxy card for using these convenient services. Remember, if you do not return your proxy card or vote by proxy via telephone or the Internet or if you abstain from voting, that will have the same effect as a vote "AGAINST" each of Proposal 1 and Proposal 2. If you are a Shareholder of record, attend the Special Meeting and wish to vote in person, you may revoke your proxy and vote in person. Even if you plan to attend the Special Meeting in person, we request that you complete, sign, date and return the enclosed proxy and thus ensure that your shares will be represented at the Special Meeting if you are unable to attend.

2

TABLE OF CONTENTS

SUMMARY TERM SHEET ......................................................................................................................................... 1

The Parties to the Merger Agreement ....................................................................................................................... 1

CCOM Group, Inc ................................................................................................................................................ 1

Parent ................................................................................................................................................................... 1

Merger Sub ........................................................................................................................................................... 1

The Merger Proposal ................................................................................................................................................ 1

Shares of Company Stock owned by Directors, Executive Officers and Their Affiliates ........................................ 2

The Amendment Proposal ........................................................................................................................................ 2

The Special Meeting ................................................................................................................................................. 2

Record Date and Quorum ......................................................................................................................................... 2

Required Vote ........................................................................................................................................................... 2

Providing Voting Instructions by Proxy ................................................................................................................... 3

Abstentions ............................................................................................................................................................... 3

Certain Effects of the Merger ................................................................................................................................... 3

When the Merger Will Be Completed ...................................................................................................................... 3

Conditions to the Merger .......................................................................................................................................... 4

Opinion of the Financial Advisor ............................................................................................................................. 5

Financing of the Merger and Guarantee ................................................................................................................... 5

Interests of the Company's Directors and Executive Officers in the Merger ........................................................... 5

Material United States Federal Income Tax Consequences of the Merger (Page 26) ............................................... 6

Anticipated Accounting Treatment of the Merger .................................................................................................... 6

Dissenters' Rights ..................................................................................................................................................... 6

Takeover Proposals; Adverse Recommendation Change ......................................................................................... 6

Termination .............................................................................................................................................................. 7

Termination Fees; Expenses Reimbursement ........................................................................................................... 9

Representations and Warranties ................................................................................................................................ 9

QUESTIONS AND ANSWERS ABOUT THE SPECIAL MEETING AND THE MERGER .................................. 10

Proposal 1 ADOPTION OF THE MERGER AGREEMENT AND APPROVAL OF THE MERGER

BACKGROUND OF THE TRANSACTIONS ........................................................................................................... 13

The Parties to the Merger ........................................................................................................................................ 13

The Company ..................................................................................................................................................... 13

Parent ................................................................................................................................................................. 13

Merger Sub ......................................................................................................................................................... 13

General Description of the Merger ......................................................................................................................... 13

Background of the Transaction ............................................................................................................................... 13

Reasons for the Merger and the Board's Recommendation ............................................................................... 16

Opinion of the Financial Advisor ....................................................................................................................... 19

Certain Effects of the Merger ................................................................................................................................. 24

i

Financing of the Merger and Guarantee ................................................................................................................. 24

Interests of the Company's Directors and Executive Officers in the Merger ......................................................... 2

Interests of Peter Gasiewicz ............................................................................................................................... 25

Interests of Melissa Williams ............................................................................................................................. 25

Interests of William Salek .................................................................................................................................. 25

Indemnification of Directors and Officers ......................................................................................................... 25

Material United States Federal Income Tax Consequences of the Merger ............................................................. 26

Regulatory Approvals ............................................................................................................................................. 28

Proposal 2 AMENDMENT OF THE RESTATED CERTIFICATE OF INCORPORATION ................................... 29

CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING INFORMATION .................................. 30

THE SPECIAL MEETING ......................................................................................................................................... 32

Date, Time and Place .............................................................................................................................................. 32

Record Date and Quorum ....................................................................................................................................... 32

Required Vote ......................................................................................................................................................... 32

Voting; Proxies; Revocation ................................................................................................................................... 33

Attendance ......................................................................................................................................................... 33

Voting in Person ................................................................................................................................................. 33

Providing Voting Instructions by Proxy ............................................................................................................. 33

Revocation of Proxies ........................................................................................................................................ 34

Abstentions ............................................................................................................................................................. 34

Postponements / Adjournments .............................................................................................................................. 34

Solicitation of Proxies ............................................................................................................................................. 34

THE MERGER AGREEMENT .................................................................................................................................. 35

Explanatory Note Regarding the Merger Agreement ............................................................................................. 35

Structure of the Merger ........................................................................................................................................... 35

When the Merger Becomes Effective ..................................................................................................................... 35

Effect of the Merger on the Company Stock .......................................................................................................... 36

Dissenting Shares .................................................................................................................................................... 36

Payment for the Company Stock in the Merger ...................................................................................................... 36

Representations and Warranties .............................................................................................................................. 36

Conduct of Business Pending the Merger ............................................................................................................... 38

Other Covenants and Agreements .......................................................................................................................... 39

Access and Information; Confidentiality ........................................................................................................... 40

Takeover Proposals; Adverse Recommendation Change ................................................................................... 40

Appropriate Action; Consents; Filings ............................................................................................................... 42

Transaction Litigation ........................................................................................................................................ 43

Indemnification; Directors' and Officers' Insurance .......................................................................................... 43

Employee Benefit Matters .................................................................................................................................. 44

Representations and Warranties Insurance; Survival ......................................................................................... 44

ii

OTC Markets; Cessation of Quotation ............................................................................................................... 44

Hawthorne Property ........................................................................................................................................... 44

Other Covenants ................................................................................................................................................. 45

Conditions to the Merger ........................................................................................................................................ 45

Mutual Closing Conditions ................................................................................................................................ 45

Parent Closing Conditions .................................................................................................................................. 45

Company Closing Conditions ............................................................................................................................ 45

Termination ............................................................................................................................................................ 46

Fees and Expenses .................................................................................................................................................. 47

Payment or Reimbursement of Fees and Expenses by the Company ................................................................. 47

IMPORTANT INFORMATION CONCERNING THE COMPANY ........................................................................ 50

Company Background ............................................................................................................................................ 50

Directors and Executive Officers ............................................................................................................................ 50

DISSENTERS' RIGHTS ............................................................................................................................................. 52

WHERE YOU CAN FIND ADDITIONAL INFORMATION ................................................................................... 55

Annex A Certificate of Amendment ............................................................................................................................ 56

Annex B Agreement and Plan of Merger .................................................................................................................... 57

Annex C Opinion of Chartered Capital Advisors, Inc ................................................................................................. 58

Annex D New York Business Corporation Law Sections 623 and 910 ...................................................................... 59

§623. Procedure to enforce shareholder's right to receive payment for shares ....................................................... 59

§910. Right of shareholder to receive payment for shares upon merger or consolidation, or sale, lease,

exchange or other disposition of assets, or share exchange .................................................................................... 62

Annex E Conformed Restated Certificate ................................................................................................................... 64

iii