Haverty Furniture Companies (HVT) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 12, 2025, with voting on directors, executive compensation, and auditor ratification.

• Dual-class stock structure allows Class A and Common Stock holders to elect separate slates of directors.

• Board and management emphasize long-term strategy, risk oversight, and strong corporate governance.

Voting matters and shareholder proposals

• Class A Common Stock holders to elect seven directors; Common Stock holders to elect three directors.

• Advisory vote on executive compensation (say-on-pay) recommended for approval.

• Ratification of Grant Thornton LLP as independent auditor for 2025 recommended for approval.

• Shareholder proposals for 2026 must comply with SEC and bylaw requirements and be submitted by November 28, 2025.

Board of directors and corporate governance

• Board consists of 10 nominees with 70% independence, 30% female, and 40% diverse representation.

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

• Three standing committees: Audit, NCG (Nominating, Compensation, Governance), and Executive.

• Annual board and committee self-assessments and mandatory retirement age for independent directors.

• Director stock ownership guidelines require holding five times the cash retainer.