Timing of Equity Awards

The Compensation and Stock Option Committee considers the grant of equity awards, including those to Executive Officers, during its regularly scheduled semi-annual meetings. The Compensation and Stock Option Committee does not take material non-public information into account when determining the timing and terms of any equity awards. If there is a release of material non-public information, the Compensation and Stock Option Committee will delay the consideration of and grant of stock options. The Company has not engaged in the backdating, cancellation or re-pricing of stock options awarded to its Executive Officers. For all stock option awards, the exercise price calculation is based on the closing price of the Company’s common stock on the NASDAQ on the date of grant.

During the fiscal year ended May 2, 2026, the Company did not grant equity awards to its Executive Officers during the four business days prior to, or the one business day following, the filing of its periodic reports or the filing or furnishing of a Form 8-K that discloses material nonpublic information.