Unifi (UFI) Proxy filing summary

Executive summary

• The annual meeting is scheduled for October 27, 2026, with shareholders voting on director elections, executive compensation, and auditor ratification.

• Fiscal 2026 saw operational improvements, cost reductions, and enhanced profitability despite challenging global demand and market volatility.

• Strategic initiatives included manufacturing consolidation, working capital management, and expansion of sustainable product offerings.

Voting matters and shareholder proposals

• Shareholders will vote on electing eight directors, approving executive compensation (say-on-pay), and ratifying KPMG LLP as the independent auditor for fiscal 2027.

• The board recommends voting FOR all proposals.

• Shareholder proposals for the 2027 meeting must be submitted between June 29 and July 29, 2027.

Board of directors and corporate governance

• The board consists of eight members, with a mix of long-tenured and newer directors, emphasizing diversity and refreshment.

• Six directors are independent under NYSE and SEC rules; the roles of Chairman and CEO are separated.

• Standing committees include Audit, Compensation, and Corporate Governance and Nominating, each with defined oversight responsibilities.

• The board regularly evaluates its composition, performance, and succession planning.