Nathan's Famous (NATH) EGM 2026 summary

Opening remarks and agenda

• Special meeting held virtually, with online voting and questions enabled; chair adopted an agenda and rules of conduct for proceedings.

• Record date was September 22, 2026; 4,097,661 common shares were outstanding, each carrying one vote.

• Proxies and virtual attendance represented 3,276,011 shares, or 79.94% of outstanding shares, establishing a quorum.

Specific resolutions to be voted on

• Merger proposal: adopt the January 20, 2026 agreement for Boardwalk Merger Sub to merge into Nathan's Famous, which would survive as Smithfield Foods' wholly owned subsidiary; approval required a majority of outstanding shares.

• Compensation advisory proposal: approve on a non-binding basis merger-related compensation for named executive officers; required a majority of votes cast.

• Adjournment proposal: authorize one or more adjournments, if needed, to solicit additional proxies if merger support was insufficient; required a majority of votes cast.

Board and executive committee updates

• The board unanimously recommended votes for the merger, merger-related compensation advisory, and adjournment proposals.