Haverty Furniture Companies (HVT) investor relations material

Executive summary

• The annual meeting is scheduled for May 11, 2026, with voting on director elections, executive compensation, a new long-term incentive plan, and auditor ratification.

• 2025 saw net sales of $759.0 million, a 5.0% increase over 2024, with pre-tax income up 2.6% and comparable store sales up 2.1%.

• The company opened three new stores and closed two underperforming locations, ending 2025 with 129 stores and plans for five new locations in 2026.

• $25.6 million was returned to stockholders in 2025 through dividends and share repurchases; the company ended the year with zero funded debt and $125.3 million in cash.

• Strategic priorities for 2026 include selective expansion, brand strengthening, technology investment, and disciplined capital allocation.

Voting matters and shareholder proposals

• Stockholders will vote to elect eight Class A Common Stock directors and three Common Stock directors for one-year terms.

• Advisory vote on executive compensation (say-on-pay) is included.

• Approval of the 2026 Long Term Incentive Plan is proposed.

• Ratification of Grant Thornton LLP as independent auditor for 2026 is on the agenda.

• Shareholder proposals for the 2027 meeting must be submitted by November 27, 2026.

Board of directors and corporate governance

• The board consists of 11 directors: eight Class A and three Common Stock nominees, with a mix of independent and non-independent members.

• Board leadership includes an Executive Chairman, Lead Director, and independent committee chairs.

• Seven directors are independent; all committee members (except Executive Committee) are independent.

• Board committees: Audit, Nominating/Compensation/Governance (NCG), and Executive.

• Annual board and committee self-assessments are conducted; directors are subject to a mandatory retirement age.