Unifi Inc.

02/21/2024 | Press release | Distributed by Public on 02/21/2024 15:24

Management Change/Compensation - Form 8-K

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On February 19, 2024, Archibald Cox, Jr. notified Unifi, Inc. (the "Company") of his retirement, effective immediately, from the Company's Board of Directors (the "Board") and from his positions as Lead Independent Director of the Board, Chair of the Compensation Committee of the Board, member of the Corporate Governance and Nominating Committee of the Board, and member of the Strategy and Finance Committee of the Board. Mr. Cox has been a valuable member of the Board since 2008. Mr. Cox's decision to retire was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. In connection with the retirement of Mr. Cox, the Board reduced its size to eight members, effective February 19, 2024.