Edgar Filing: Destination Maternity Corp

Filed by Orchestra-Premaman S.A.

Pursuant to Rule 425 under the U.S. Securities Act of 1933

Subject Company: Destination Maternity Corporation (File Number: 000-21196)

Dated February 8, 2016

On February 8, 2016, Orchestra-Premaman S.A. posted the following presentation to its website, which presentation was made to the Board of Directors of Destination Maternity Corporation on January 20, 2016.

5.00 4.00 3.08 4.35 2.98 Message 1.15/1.3 Title 1.15/0.58 S/N 1.16/7.66 [4 rws]; Bottom algnmt 7pt 5.0 3.92 Text box margins 4 x 0.05” for T, M, S/N, B Notes bottom line First Title’s line Date 10pt bottom Title’s bottom Title’s line DO NOT DELETE Moelis LOGO COLORS COLOR PALETTE TINTS 432 (55/66/74) 4495 (129/110/44) 5405 (68/105/125) Warm Gray 6 (165/157/149) 5545 (73/108/96) 617 (198/191/112) 464 (130/92/38) 5497 (137/159/153) Warm Gray 11 (103/92/83) 614 (225/222/174) 4525 (198/188/137) 5545 (183/200/208) Light Grey (230/230/230) 5 TEXT 26/64/64 237/114/106 250/181/103 254/231/117 208/228/167 90/201/229 0/121/137 81/94/102 227/36/57 85/99/146 230/230/230 140/128/132 104/104/102 116/0/85 1995 – 1999 Birth of a Babies and Children’s Clothing Company • 1995: Creation of Orchestra – 55m ² Men - Women - Babies - Children store downtown - Orange, Apt, Salon • 1996: First babies and children only fashion store in Mâcon and first store in a shopping center in Saint - Jean de Védas • 1996: First stores out of France (Belgium and Spain) • 1997 : First large store in a shopping centre 1999 – 2009 Franchises & Out - of - Town Network Expansion • 1999: Launch of the franchise business • 1999: Launch of a shoe line • 2001: Merger with Kazibao Acquisitions of Dipaki Acquisition of Babycare Switzerland • 2002: First store combining babies and children’s clothing, maternity wear and childcare in la Praille, Switzerland • 2005: Development of out - of - town stores 2009 – 2015 Growth Acceleration: Club Orchestra, childcare, megastores, Belgium • 2009 : Development of stores combining fashion for babies and children and childcare • 2011 : Widespread deployment of the Club Orchestra concept (all countries except Saudi Arabia) • 2012: Opening of Babycare : largest babies and children products store in France (30 000 sq. ft ) • 2012: Acquisition of Prémaman , oldest maternity brand in Europe (1947) • 2013 : Acquisition of Baby2000 • 2014: Acquisition of Home Market Key Events • 1999 : Revenues of € 12m • 1999 : 20 stores • 1999 : 83 employees • 2004: Revenues of € 85m • 2006: Revenues above € 100m • 2003: Over 200 stores • 2007: Over 300 stores • 2000: Over 100 employees • 2003: Over 500 employees Key Figures • 2011: Revenues over € 200m • 2012: Revenues over € 300m • 2013: Revenues over € 400m • 2014: Revenues over € 500m • 2009: Over 400 stores • 2013: Over 500 stores • 2012: Over 1,000 employees • 2014: Over 2,000 employees Orchestra: An Exciting Growth Story

5.00 4.00 3.08 4.35 2.98 Message 1.15/1.3 Title 1.15/0.58 S/N 1.16/7.66 [4 rws]; Bottom algnmt 7pt 5.0 3.92 Text box margins 4 x 0.05” for T, M, S/N, B Notes bottom line First Title’s line Date 10pt bottom Title’s bottom Title’s line DO NOT DELETE Moelis LOGO COLORS COLOR PALETTE TINTS 432 (55/66/74) 4495 (129/110/44) 5405 (68/105/125) Warm Gray 6 (165/157/149) 5545 (73/108/96) 617 (198/191/112) 464 (130/92/38) 5497 (137/159/153) Warm Gray 11 (103/92/83) 614 (225/222/174) 4525 (198/188/137) 5545 (183/200/208) Light Grey (230/230/230) 11 TEXT 26/64/64 237/114/106 250/181/103 254/231/117 208/228/167 90/201/229 0/121/137 81/94/102 227/36/57 85/99/146 230/230/230 140/128/132 104/104/102 116/0/85 A Success Articulated Around 6 Key Drivers ▪ Logistics organised with each store’s needs in mind ▪ Automatic store replenishment ▪ France: 1,055,000 ft 2 of logistics floorspace in France and 409,000 ft 2 in Belgium ▪ 6 purchasing offices: Hong Kong, Shanghai, Bangalore, Dakha, Maurice and Delhi A broad range in babies and children clothing and childcare products A fantastic concept: The “Orchestra Club” Comprehensive stores with full babies and children offering Optimised logistics and efficient supply chain An experienced management team Strong financial performance ▪ The company is led by its founders: Pierre and Chantal Mestre ▪ A senior management with best in class experience in fashion, trade and retail ▪ A steady and sustainable revenue growth ▪ 10% average EBITDA margin ▪ 30% dividend policy ▪ Increase in retail floor space and “One - Stop - Shopping” concept ▪ Development of the network of comprehensive (clothing and childcare products) and mega stores ▪ Strategic positioning in retail parks and out - of - town locations ▪ A strong and attractive affiliation model ▪ c. 1.6 million members ▪ € 400 spent per customer and per annum ▪ 6.9 visits per annum per customer versus 3 without the Club ▪ 49% final margin (after discounts and membership) ▪ Maternity, ready - to - wear for babies and children and childcare, ▪ Clothing : 80 million pieces sold yearly, c. 400 stories per season, c. 180 suppliers ▪ Childcare products : over 10,000 SKU and 120 suppliers

5.00 4.00 3.08 4.35 2.98 Message 1.15/1.3 Title 1.15/0.58 S/N 1.16/7.66 [4 rws]; Bottom algnmt 7pt 5.0 3.92 Text box margins 4 x 0.05” for T, M, S/N, B Notes bottom line First Title’s line Date 10pt bottom Title’s bottom Title’s line DO NOT DELETE Moelis LOGO COLORS COLOR PALETTE TINTS 432 (55/66/74) 4495 (129/110/44) 5405 (68/105/125) Warm Gray 6 (165/157/149) 5545 (73/108/96) 617 (198/191/112) 464 (130/92/38) 5497 (137/159/153) Warm Gray 11 (103/92/83) 614 (225/222/174) 4525 (198/188/137) 5545 (183/200/208) Light Grey (230/230/230) 17 TEXT 26/64/64 237/114/106 250/181/103 254/231/117 208/228/167 90/201/229 0/121/137 81/94/102 227/36/57 85/99/146 230/230/230 140/128/132 104/104/102 116/0/85 Babies & Children’s Wear & Hardware in the U.S. – Channels Timing / Risk / Capital Intensity Online New Stores Conversion of Existing Destination Maternity Stores Earmarked for Closure ▪ Repurpose Destination Maternity stores earmarked for closure — Sell both Destination Maternity and Orchestra branded products ▪ Establish Orchestra brand awareness via small newborn clothes displays in Destination Maternity stores ▪ Roll - out online offering to Destination Maternity customers — Establish Orchestra brand awareness via (small) Orchestra newborn clothes displays in Destination Maternity stores — Build out Orchestra customer list — Subsequently target Destination Maternity customers with Orchestra offerings via email — Capitalize on Orchestra club concept ▪ Build - out Orchestra / Combined stores across U.S. once step 1 and 2 successfully achieved/concept fully validated: — New footprint designed around current demand trends — Target locations with low competitor presence 1 2 3 Dedicated Orchestra task force to roll out Stages 1 & 2 (only stage 3 of rollout anticipated to be capital intensive) Benefits to Destination Maternity ▪ Creates topline synergy addressing the approx. $30bn babies’ & children's wear and hardware market ▪ Enhances sales and profitability per square ft. ▪ Avoids lease breakage costs ▪ Increased emphasis on fastest growing distribution channel — % internet sales significantly higher than in Europe provides opportunity ▪ Leverage Orchestra’s expertise in online sales and distribution ▪ Enhance organic growth ▪ Shares cost structure across both businesses

5.00 4.00 3.08 4.35 2.98 Message 1.15/1.3 Title 1.15/0.58 S/N 1.16/7.66 [4 rws]; Bottom algnmt 7pt 5.0 3.92 Text box margins 4 x 0.05” for T, M, S/N, B Notes bottom line First Title’s line Date 10pt bottom Title’s bottom Title’s line DO NOT DELETE Moelis LOGO COLORS COLOR PALETTE TINTS 432 (55/66/74) 4495 (129/110/44) 5405 (68/105/125) Warm Gray 6 (165/157/149) 5545 (73/108/96) 617 (198/191/112) 464 (130/92/38) 5497 (137/159/153) Warm Gray 11 (103/92/83) 614 (225/222/174) 4525 (198/188/137) 5545 (183/200/208) Light Grey (230/230/230) 21 TEXT 26/64/64 237/114/106 250/181/103 254/231/117 208/228/167 90/201/229 0/121/137 81/94/102 227/36/57 85/99/146 230/230/230 140/128/132 104/104/102 116/0/85 Collections Design Orchestra’s Babies & Children Clothing Line ▪ 0 - 14 years clothing : 3 , 500 products per season, including 350 different shoe designs ▪ Clothes, shoes, accessories, cosmetics ▪ Continued renewal of offering, with over 100 new products every week ▪ Original, cheerful and colourful Orchestra collections ▪ 80 million clothing items sold yearly, including 60 % in France ▪ “ Best value and style for money ” guarantee Prémaman Maternity Clothing Line ▪ Over 60 years of expertise dressing pregnant women with comfortable and trendy collections ▪ Dresses for every circumstance : smart casual, cozy, formal ▪ A selection of jeans with well - thought through and evolving sizes ▪ A seamless lingerie line, soft and very comfortable ▪ “ 2 - in - 1 ” clothes to wear before and after the pregnancy , for nursing mothers ▪ The prestigious maternity brands at a “Club” price : Mamalicious, ... Childcare from A to Z ▪ Over 60 years of experience in the design, selection and distribution of childcare products and the management of childbirth gift lists ▪ Smaller childcare products (feeding bottles, teats, bibs, changing mats, bathrobes, bathtubs, etc . ) and larger childcare products (strollers, car seats, highchairs, changing tables, etc . ) ▪ The broadest range in Europe with c . 10 , 000 products ▪ With over 2 , 000 products, the Prémaman childcare offering combines major specialized brands with its own childcare products, guaranteeing quality, safety and innovation ▪ Orchestra designs a large diversity of products regularly renewed ▪ An integrated team of 30 stylists designs 6 , 500 new products around 340 different themes every year, along with 800 shoe designs and numerous accessory references — Spread across 2 collections (autumn/winter and spring/summer) — “Revamped” clothes are designed, throughout the season, to complete these themes and match the latest fashion trends . The themes are completed by a range of “basics” in the seasonal shapes and colors ▪ Orchestra entrusts 20 designers with the creation of each model for which manufacturing partners must scrupulously match the specifications A Broad Range in Babies & Children Clothing and Childcare Products A Large and High - Quality Product Range

5.00 4.00 3.08 4.35 2.98 Message 1.15/1.3 Title 1.15/0.58 S/N 1.16/7.66 [4 rws]; Bottom algnmt 7pt 5.0 3.92 Text box margins 4 x 0.05” for T, M, S/N, B Notes bottom line First Title’s line Date 10pt bottom Title’s bottom Title’s line DO NOT DELETE Moelis LOGO COLORS COLOR PALETTE TINTS 432 (55/66/74) 4495 (129/110/44) 5405 (68/105/125) Warm Gray 6 (165/157/149) 5545 (73/108/96) 617 (198/191/112) 464 (130/92/38) 5497 (137/159/153) Warm Gray 11 (103/92/83) 614 (225/222/174) 4525 (198/188/137) 5545 (183/200/208) Light Grey (230/230/230) 22 TEXT 26/64/64 237/114/106 250/181/103 254/231/117 208/228/167 90/201/229 0/121/137 81/94/102 227/36/57 85/99/146 230/230/230 140/128/132 104/104/102 116/0/85 A Fantastic Concept: the “Orchestra Club” An Innovative and Performing Business Model ▪ c . 1.6 million members worldwide ▪ € 400 spent per customer and per annum ▪ 6.9 visits per annum per customer versus 3 without the Club ▪ 49% final margin (after discounts and membership) ▪ Increased customer difficulty to determine what constitutes a normal price ▪ Retailers aggressive and unpredictable promotions that entice clients to chase discounts ▪ Market obsessed with “smart purchases ” A New Commercial Landscape ▪ Satisfy everyone’s interests ▪ For a € 30 annual membership fee, customers contribute to Orchestra’s profitability , which allows Orchestra to further diminish margins benefiting customers in return, hence benefiting all parties A Win - Win Loyalty P rogram ▪ The concept is operational in Europe since 2011 ▪ Already established in France , Spain, Belgium, Luxemburg, Switzerland, Greece, Turkey and, more recently, in Saudi Arabia and Morocco A Global Success ▪ Nowadays, c . 50 % of purchases in the market are made during periods of sales or promotions ▪ The Orchestra Club allows for a balance between value added to the client and profitability required by the company ▪ For Orchestra, the Club concept guarantees consumers’ loyalty and an increase in revenues, allowing the company to continuously renew its offering ▪ The Orchestra Club now counts with c . 1 . 6 million members worldwide ( 15 countries including Italy, Germany, Canada, Mauritius, UAE ... ), of which over 1 million are in France

5.00 4.00 3.08 4.35 2.98 Message 1.15/1.3 Title 1.15/0.58 S/N 1.16/7.66 [4 rws]; Bottom algnmt 7pt 5.0 3.92 Text box margins 4 x 0.05” for T, M, S/N, B Notes bottom line First Title’s line Date 10pt bottom Title’s bottom Title’s line DO NOT DELETE Moelis LOGO COLORS COLOR PALETTE TINTS 432 (55/66/74) 4495 (129/110/44) 5405 (68/105/125) Warm Gray 6 (165/157/149) 5545 (73/108/96) 617 (198/191/112) 464 (130/92/38) 5497 (137/159/153) Warm Gray 11 (103/92/83) 614 (225/222/174) 4525 (198/188/137) 5545 (183/200/208) Light Grey (230/230/230) 24 TEXT 26/64/64 237/114/106 250/181/103 254/231/117 208/228/167 90/201/229 0/121/137 81/94/102 227/36/57 85/99/146 230/230/230 140/128/132 104/104/102 116/0/85 Optimised Logistics and Efficient Supply Chain Orchestra's Logistics Calibrated for the 80 million Clothing Items Sold Yearly Logistics Floor Space Today Planned Developments ▪ France : 1,140,000 ft 2 — 430,000 ft² leased: Saint - Aunès platform (Hérault) opened in 2011 for clothing — 710,000 ft² leased: 3 warehouses in the Hérault department (170,000 ft²) and 1 warehouse in the Nord department (540,000 ft²) ▪ Belgium : 410,000 ft 2 — 110,000 ft² owned: the head office of Home Market — 300,000 ft² leased: 2 warehouses ▪ Fully utilized platform (340,000 ft² ) in Saint - Aunès ▪ Mid - 2016: purchase of a logistics platform of 540,000 ft² extendable to 1,290,000 ft² close to Arras for € 50m (to deal with online orders and replace Belgian platforms) ▪ To come: investment in a 540,000 ft² building in the Hérault department for € 25m Focus on Saint - Aunès: Fully Automated Warehouse ▪ Equipped with state - of - the - art logistics tools , Saint - Aunès’ platform is used to prepare and send products across all selling points and to guarantee their return at the end of the season ▪ The warehouse is also used to prepare and send products for online orders ▪ Staff teams take the products by item, parcel or pallet, optimize the preparation lead times thanks to an automated sorter and manage the stores’ daily supply — The products are delivered to stores either in “multi - size” parcels or “one - size” deliveries (which allows for a better management of inventory) — Over the 2012 autumn - winter season, 70% of deliveries were in “multi - size” parcels and 30% “one - size” parcels — Since the 2013 spring - summer, 50% of products were “one - size” deliveries

5.00 4.00 3.08 4.35 2.98 Message 1.15/1.3 Title 1.15/0.58 S/N 1.16/7.66 [4 rws]; Bottom algnmt 7pt 5.0 3.92 Text box margins 4 x 0.05” for T, M, S/N, B Notes bottom line First Title’s line Date 10pt bottom Title’s bottom Title’s line DO NOT DELETE Moelis LOGO COLORS COLOR PALETTE TINTS 432 (55/66/74) 4495 (129/110/44) 5405 (68/105/125) Warm Gray 6 (165/157/149) 5545 (73/108/96) 617 (198/191/112) 464 (130/92/38) 5497 (137/159/153) Warm Gray 11 (103/92/83) 614 (225/222/174) 4525 (198/188/137) 5545 (183/200/208) Light Grey (230/230/230) 25 TEXT 26/64/64 237/114/106 250/181/103 254/231/117 208/228/167 90/201/229 0/121/137 81/94/102 227/36/57 85/99/146 230/230/230 140/128/132 104/104/102 116/0/85 P&L Balance Sheet Orchestra’s Financials Source: Company annual reports for the years 2012/2013, 2013/2014 and 2014/2015 1. Current EBITDA consists of Operating Result pre Other Operating Income and Charges excluding Amortisations and Provision C har ges 2. Net Income of Current Continued Operations calculated as Net Income of Continued Operations less Other Non Current item IFRS, €m Feb-12 Feb-13 Feb-14 Feb-15 Fixed Assets 78.7 117.5 126.4 173.6 Goodwill 5.2 5.2 5.2 5.5 Deferred Tax Assets 2.0 9.7 10.0 7.1 Inventory 70.1 114.4 118.4 212.0 Accounts Receivable & Other Rec. 33.5 43.8 43.2 49.5 Currency Derivatives - - - 7.9 Other Financial Assets - - - 2.0 Cash and Equivalents 29.1 26.4 41.2 42.1 Non-Current Assets Held for Sale - - - 7.0 Total Assets 218.6 316.8 344.3 506.8 Total Equity 59.4 79.4 74.7 120.8 Provisions 0.4 8.1 5.3 8.6 Deferred Tax Liabilities 2.4 9.9 7.4 10.3 Financial Debt inc. Current Accounts 68.6 94.0 102.3 170.4 Currency Derivatives 5.0 0.9 2.4 - Accounts Payable & Other Payables 82.7 124.5 152.2 196.7 Total Liabilities and Equity 218.6 316.8 344.3 506.8 IFRS, €m YE Feb-12 YE Feb-13 YE Feb-14 YE Feb-15 Revenue 273.4 371.9 459.0 513.2 Gross Margin 136.9 192.0 237.1 286.0 % Revenue 50.1% 51.6% 51.7% 55.7% Current EBITDA¹ 25.7 32.7 46.1 61.6 % Revenue 9.4% 8.8% 10.0% 12.0% Current EBIT 12.1 15.0 19.1 33.9 % Revenue 4.4% 4.0% 4.2% 6.6% Other Non Current (2.4) 11.0 3.5 19.6 % Revenue (0.9%) 3.0% 0.8% 3.8% Operating Income 9.8 26.0 22.6 53.5 % Revenue 3.6% 7.0% 4.9% 10.4% Share of Profits - - 0.6 0.8 Net Financial Costs (1.6) (1.9) (3.8) (5.4) Other Financial Income and Expenses 5.8 (0.6) (0.6) (2.4) Taxes (6.6) (3.1) (5.7) (9.1) Net Income of Continued Operations 7.4 20.3 13.2 37.4 % Revenue 2.7% 5.5% 2.9% 7.3% Net Income of Current Cont. Ops² 9.7 9.3 9.7 17.7 % Revenue 3.6% 2.5% 2.1% 3.5%

5.00 4.00 3.08 4.35 2.98 Message 1.15/1.3 Title 1.15/0.58 S/N 1.16/7.66 [4 rws]; Bottom algnmt 7pt 5.0 3.92 Text box margins 4 x 0.05” for T, M, S/N, B Notes bottom line First Title’s line Date 10pt bottom Title’s bottom Title’s line DO NOT DELETE Moelis LOGO COLORS COLOR PALETTE TINTS 432 (55/66/74) 4495 (129/110/44) 5405 (68/105/125) Warm Gray 6 (165/157/149) 5545 (73/108/96) 617 (198/191/112) 464 (130/92/38) 5497 (137/159/153) Warm Gray 11 (103/92/83) 614 (225/222/174) 4525 (198/188/137) 5545 (183/200/208) Light Grey (230/230/230) 26 TEXT 26/64/64 237/114/106 250/181/103 254/231/117 208/228/167 90/201/229 0/121/137 81/94/102 227/36/57 85/99/146 230/230/230 140/128/132 104/104/102 116/0/85 The Orchestra Network: Three Types of Stores Store Size Location Description Number of Stores % Group Revenues Trend Clothing Stores Below 10,000ft 2 ▪ In retail parks ▪ In mid - town outskirts ▪ Solely sells Orchestra babies and children clothing (0 to 14 years) and Prémaman maternity clothing ▪ Offers collections in a modern environment coupled with playing areas for babies and children ▪ Orchestra Club concept ▪ 461 ▪ 66% ▪ € 339m + Comprehensive Stores From 10,000 to 16,000 ft 2 ▪ In retail parks ▪ In mid to large town outskirts ▪ In France and internationally ▪ Includes clothing (c.5,400 ft 2 ) and childcare products (c.7,500 ft 2 ) universes ▪ Currently Group’s priority in the Group’s development strategy in France and Belgium ▪ Recreational area for children to be entertained while parents do the shopping ▪ Management of childbirth gift lists ▪ Orchestra Club concept ▪ 84 ▪ 15% ▪ € 77m +++ Megastore Up to 65,000 ft 2 ▪ In retail parks ▪ In mid to large town outskirts ▪ In France and internationally ▪ Includes clothing and childcare products ▪ Offers the greatest variety of brands and products: 230 strollers, 200 car seats, 80 highchairs, 40 types of bedrooms ▪ Megastore Babycare by Orchestra in Saint - Aunès near Montpellier (2012): the largest store in France with 32,000 ft 2 devoted to retail space, including 5,000 ft 2 for babies and children clothing and 27,000 ft 2 for childcare ▪ Megastore in Bruxelles - Zaventem in Belgium (2014): the largest in Europe with 54,000 ft 2 ▪ 14 ▪ 7% ▪ € 36m +++ Note: Revenues include web, headquarters, stock sales and other revenues