Seneca Foods (SENE) investor relations material

Executive summary

• A special meeting is scheduled for November 4, 2026, to vote on two key amendments to the certificate of incorporation.

• Shareholders of record as of September 14, 2026, are eligible to vote on the proposals.

• The board unanimously recommends approval of both proposals, which are interdependent and will only be enacted if both pass.

Voting matters and shareholder proposals

• Proposal 1 seeks approval for a five-for-one forward stock split, increasing authorized shares and reducing par/stated values and related terms proportionally.

• Proposal 2 seeks to remove the Preferred Stock Without Par Value from the authorized shares, as no such shares have ever been issued.

• Both proposals require a majority of votes cast for approval, and abstentions count as votes against.

• No other business is currently anticipated, but proxies may vote on other matters at their discretion.

Board of directors and corporate governance

• The board of directors has unanimously approved and recommends both proposed amendments.

• Officers and directors have interests in the proposals only as shareholders, with no special or differing interests.