Legacy Housing (LEGH) Proxy filing summary

Executive summary

• Annual Meeting scheduled for October 28, 2026, will be held virtually, allowing all shareholders of record as of September 8, 2026, to participate and vote online.

• Shareholders will vote on electing four directors for a one-year term and ratifying the appointment of Frazier & Deeter, LLC as the independent registered public accounting firm for 2026.

• Proxy materials are distributed primarily online, with paper copies available upon request, and voting can be done via internet, mail, or during the virtual meeting.

Voting matters and shareholder proposals

• Proposal 1: Elect four directors—Kenneth E. Shipley, Brian J. Ferguson, Skyler M. Howton, and Jeffrey K. Stouder—for a one-year term.

• Proposal 2: Ratify Frazier & Deeter, LLC as the independent registered public accounting firm for 2026.

• Board recommends voting “FOR” all director nominees and the auditor ratification.

• No shareholder proposals or nominations were received for this meeting.

• Procedures and deadlines for submitting proposals or nominations for the 2027 meeting are detailed, including compliance with SEC rules and company bylaws.

Board of directors and corporate governance

• Board consists of four members, with a majority deemed independent under Nasdaq and SEC rules.

• Kenneth E. Shipley serves as Chairman and CEO; no lead independent director is designated.

• Three standing committees: Audit, Compensation, and Nominating and Corporate Governance, all composed of independent directors.

• Board and committees met regularly in 2025, with all directors attending meetings.

• Directors are indemnified to the fullest extent permitted by Texas law, and indemnification agreements are in place.

• October 2025 bylaw amendments set a 3% ownership threshold for derivative actions and clarify exclusive forum provisions.