Ethan Allen Interiors (ETD) Proxy filing summary

Executive summary

• Board has initiated a formal CEO succession process, engaging an executive search firm to consider internal and external candidates, with a commitment to announce the new CEO by June 30, 2027.

• Current CEO M. Farooq Kathwari will remain as a non-executive board member until the 2027 annual meeting, ensuring leadership continuity during the transition.

• The transition aims to support ongoing strategic priorities, including digital transformation, omnichannel retail, and supply chain efficiency.

• Forward-looking statements highlight risks and uncertainties related to the succession process and strategic initiatives.

Voting matters and shareholder proposals

• Shareholders will be solicited for proxies for the 2026 Annual Meeting, with materials to be filed and made available on the SEC's website.

• Stockholders are encouraged to review the definitive proxy statement and accompanying BLUE proxy card when available.

Board of directors and corporate governance

• The Corporate Governance, Nominations and Sustainability Committee, composed entirely of independent directors, oversees the CEO succession plan.

• Succession planning is a standing agenda item, with regular evaluation of leadership capabilities and long-term plans.

• The board is committed to an orderly, well-governed leadership transition and ongoing engagement with shareholders.