UTZ Brands (UTZ) Proxy filing summary

Executive summary

• A transaction with Intersnack Group is expected to close before the end of November 2026, after which the business is expected to return to private ownership.

• Howard Friedman plans to leave shortly after closing, with his departure anticipated for November 30; John Lindeman is set to become CEO of the private business on December 1.

Voting matters and shareholder proposals

• The definitive proxy statement and proxy card were mailed to stockholders of record as of September 28, 2026; required stockholder approvals are among the transaction’s closing conditions.

Board of directors and corporate governance

• Dylan Lissette serves as chair of the public-company board and is slated to become executive chair of the private business formed with Intersnack Group.

• Lindeman, a current board member, will lead the private business; he previously served as CEO and president of Calavo Growers and as CEO and CFO of Hydrofarm Holdings Group.

• Friedman and Lindeman plan to work together over the weeks before the leadership change to support continuity and a smooth public-to-private transition.