Legacy Education (LGCY) Proxy Filing summary

Executive summary

• The annual meeting is scheduled for December 16, 2025, and will be held virtually, allowing shareholders to vote online or by proxy in advance.

• Shareholders will vote on electing six directors for a one-year term and ratifying the appointment of the independent auditor for the next fiscal year.

• Proxy materials are distributed primarily via the Internet to reduce costs and environmental impact, with options for shareholders to request printed copies.

Voting matters and shareholder proposals

• Shareholders will vote on the election of six board members and the ratification of LJ Soldinger Associates, LLC as the independent auditor for the fiscal year ending June 30, 2026.

• Shareholder proposals for the 2026 annual meeting must be submitted by June 26, 2026, for inclusion in proxy materials.

• Shareholders can submit director nominations and other proposals following specific procedures and deadlines outlined in the bylaws.

Board of directors and corporate governance

• The board consists of six directors, with three considered independent under NYSE American Rules.

• The board has audit, compensation, and nominating/governance committees, each with defined charters and independent members.

• The chair and CEO roles are combined, with the board believing this structure is appropriate for the company's size.

• Board and committee meetings are held regularly, with high attendance and independent directors meeting separately.

• Director nominations consider experience, integrity, diversity, and other relevant qualifications, though there is no formal diversity policy.