Unifi (UFI) Proxy Filing summary

Executive summary

• The annual meeting is scheduled for October 29, 2024, at the company's headquarters, with shareholders voting on director elections, executive compensation, and auditor ratification.

• Shareholders of record as of September 3, 2024, are entitled to vote, with 18,255,019 shares outstanding.

• The board recommends voting in favor of all proposals and emphasizes the importance of shareholder participation.

Voting matters and shareholder proposals

• Three proposals: election of eight directors, advisory approval of executive compensation, and ratification of KPMG LLP as auditor for fiscal 2025.

• Shareholders can submit proposals for the 2025 meeting between July 1 and July 31, 2025, or as specified if the meeting date changes.

• Shareholder recommendations for director candidates must comply with detailed by-law requirements and be submitted within the specified window.

Board of directors and corporate governance

• The board consists of eight members, all current directors nominated for re-election.

• Six directors are independent under NYSE and SEC rules; the board separates the roles of chairman and CEO.

• Standing committees: Audit, Compensation, and Corporate Governance and Nominating, each with defined charters and independent membership.

• The board values diversity, with four of six independent directors being women, including one racially/ethnically diverse member.

• Annual self-evaluations are conducted for the board, committees, and individual directors.