Jerash (US) (JRSH) Proxy filing summary

Executive summary

• Achieved record annual sales of $166 million in fiscal 2026, a 14% increase from fiscal 2025, with improved gross margin from 15% to 16% and net income of $3.6 million after a prior year loss.

• Maintained regular quarterly dividends of $0.05 per share and ended the year with $10.8 million in cash and $36.7 million in net working capital.

• Expanded customer base, including significant new orders from Hansoll Textile Group, and increased production capacity by 30% projected by end of fiscal 2027.

• Invested in automation and supply chain expansion, particularly in the Middle East, to improve efficiency and margins.

• Continued commitment to ESG, including solar panel installations, living wage initiatives, and employment opportunities for disadvantaged groups.

Voting matters and shareholder proposals

• Shareholders to elect five directors to serve until the 2027 annual meeting.

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

• Board recommends voting “FOR” all director nominees and “FOR” the executive compensation proposal.

• Shareholder proposals for the 2027 meeting must be submitted by March 30, 2027 for inclusion in proxy materials.

Board of directors and corporate governance

• Board consists of five directors, three of whom are independent; 60% board independence and 100% committee independence.

• Board committees: Audit, Compensation, and Nominating & Corporate Governance, each with formal charters and annual self-evaluations.

• Board diversity: 20% female, 40% Asia-Pacific-based, 40% Jordan-based, 20% U.S.-based.

• Chairman and CEO roles currently combined; transition planned as current Chairman/CEO is not standing for re-election.