Ethan Allen Interiors (ETD) Proxy filing summary

Executive summary

• Annual Meeting scheduled for November 4, 2026, with a contested board election between current nominees and a slate proposed by DGB, who seek to replace the entire board and CEO.

• Company highlights a 38% outperformance of the Dow Jones U.S. Furnishings Index over five years, a 61.2% gross margin, and a debt-free balance sheet.

• $768 million has been returned to shareholders since the 1993 IPO, with a 41.5% total shareholder return.

• Strategic priorities include expanding customer acquisition, increasing design center productivity, accelerating product introductions, and maintaining operating discipline.

• Investments in technology, product development, and marketing are positioned to drive long-term value.

Voting matters and shareholder proposals

• Shareholders are urged to vote for all five current director nominees on the BLUE proxy card and to disregard the WHITE card from DGB.

• Proposals include the election of directors and approval of two additional proposals (details not specified in the summary materials).

• Voting instructions are provided for registered, 401(k), and street-name holders.

Board of directors and corporate governance

• The board has been substantially refreshed, with three of four independent directors joining in the last five years.

• A formal, time-bound CEO succession process is underway, with a commitment to announce a new CEO by June 30, 2027.

• Nominees bring expertise in finance, marketing, real estate, technology, and sustainability.

• The board is committed to governance best practices and an orderly leadership transition.