CULP · Culp Inc

Contingent right to receive issuance of Culp, Inc. common stock.

These restricted stock units represent the right to receive 18,884 shares of Culp, Inc. common stock based on the reporting person remaining employed with the company through July 17, 2026, as set forth in the award agreement.

Reflects the total number of service-based restricted stock units with a vesting date of July 17, 2026, held by the reporting person following the reported transaction.

Contingent right to receive issuance of Culp, Inc. common stock.

These restricted stock units represent the right to receive 14,758 shares of Culp, Inc. common stock based on the reporting person remaining employed with the company through July 17, 2026, as set forth in the award agreement.

Reflects the total number of service-based restricted stock units with a vesting date of July 17, 2026, held by the reporting person following the reported transaction.

Contingent right to receive issuance of Culp, Inc. common stock.

These restricted stock units represent the right to receive 3,475 shares of Culp, Inc. common stock based on the Company's upholstery segment's achievement of certain performance criteria over a three-year period ended May 3, 2026, as set forth in the award agreement.

Reflects the total number of performance-based restricted stock units with a performance period ended May 3, 2026, held by the reporting person following the reported transaction.

Contingent right to receive issuance of Culp, Inc. common stock.

These restricted stock units represent the right to receive 22,361 shares of Culp, Inc. common stock based on the reporting person remaining employed with the company through July 17, 2026, as set forth in the award agreement.

Reflects the total number of service-based restricted stock units with a vesting date of July 17, 2026, held by the reporting person following the reported transaction.

Contingent right to receive issuance of Culp, Inc. common stock.

These restricted stock units represent the right to receive 17,907 shares of Culp, Inc. common stock based on the reporting person remaining employed with the company through July 17, 2026, as set forth in the award agreement.

Reflects the total number of service-based restricted stock units with a vesting date of July 17, 2026, held by the reporting person following the reported transaction.

Contingent right to receive issuance of Culp, Inc. common stock.

These restricted stock units represent the right to receive 8,749 shares of Culp, Inc. common stock based on the reporting person remaining employed with the company through July 17, 2026, as set forth in the award agreement.

Reflects the total number of service-based restricted stock units with a vesting date of July 17, 2026, held by the reporting person following the reported transaction.

Estimated number of shares based on information provided by 401(k) plan administrator regarding units in the stock fund acquired by the reporting person.

Estimated share price based on calculation from information provided by 401(k) plan administrator regarding the unit price in the stock fund for such transaction.

Estimated number of shares based on calculation from information provided by 401(k) plan administrator regarding units in the stock fund held by the reporting person following the reported transaction.

Estimated number of shares based on information provided by 401(k) plan administrator regarding units in the stock fund acquired by the reporting person.

Estimated share price based on calculation from information provided by 401(k) plan administrator regarding the unit price in the stock fund for such transaction.

Estimated number of shares based on calculation from information provided by 401(k) plan administrator regarding units in the stock fund held by the reporting person following the reported transaction.

Estimated number of shares based on information provided by 401(k) plan administrator regarding units in the stock fund acquired by the reporting person.

Estimated share price based on calculation from information provided by 401(k) plan administrator regarding the unit price in the stock fund for such transaction.

Estimated number of shares based on calculation from information provided by 401(k) plan administrator regarding units in the stock fund held by the reporting person following the reported transaction.

Estimated number of shares based on information provided by 401(k) plan administrator regarding units in the stock fund acquired by the reporting person.

Estimated share price based on calculation from information provided by 401(k) plan administrator regarding the unit price in the stock fund for such transaction.

Estimated number of shares based on calculation from information provided by 401(k) plan administrator regarding units in the stock fund held by the reporting person following the reported transaction.

Estimated number of shares based on information provided by 401(k) plan administrator regarding units in the stock fund acquired by the reporting person.

Estimated share price based on calculation from information provided by 401(k) plan administrator regarding the unit price in the stock fund for such transaction.

Estimated number of shares based on calculation from information provided by 401(k) plan administrator regarding units in the stock fund held by the reporting person following the reported transaction.

Contingent right to receive issuance of Culp, Inc. common stock.

These restricted stock units represent the right to receive 13,064 shares of Culp, Inc. common stock based on the reporting person remaining a director as of the date that is the earlier of (i) the one-year anniversary of the date of the grant, or (ii) the next annual meeting of shareholders of the Issuer which is at least 50 weeks after the Issuer's September 24, 2025, annual meeting of shareholders.

Contingent right to receive issuance of Culp, Inc. common stock.

The reporting person may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding common stock. The reporting person disclaims beneficial ownership of the securities owned directly by other members of the Section 13(d) group and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

These restricted stock units represent the right to receive 13,064 shares of Culp, Inc. common stock based on the reporting person remaining a director as of the date that is the earlier of (i) the one-year anniversary of the date of the grant, or (ii) the next annual meeting of shareholders of the Issuer which is at least 50 weeks after the Issuer's September 24, 2025, annual meeting of shareholders.

Contingent right to receive issuance of Culp, Inc. common stock.

These restricted stock units represent the right to receive 13,064 shares of Culp, Inc. common stock based on the reporting person remaining a director as of the date that is the earlier of (i) the one-year anniversary of the date of the grant, or (ii) the Issuer's next annual meeting of shareholders that is at least 50 weeks after the Issuer's September 24, 2025, annual meeting of shareholders.

Contingent right to receive issuance of Culp, Inc. common stock.

These restricted stock units represent the right to receive 14,252 shares of Culp, Inc. common stock based on the reporting person remaining a director as of the date that is the earlier of (i) the one-year anniversary of the date of the grant, or (ii) the next annual meeting of shareholders which is at least 50 weeks after the Issuer's September 24, 2025, annual meeting of shareholders.

Contingent right to receive issuance of Culp, Inc. common stock.

These restricted stock units represent the right to receive 9,197 shares of Culp, Inc. common stock based on the reporting person remaining a director as of the date that is the earlier of (i) the one-year anniversary of the date of the grant, or (ii) the next annual meeting of shareholders which is at least 50 weeks after the immediately preceding year's annual meeting.

Contingent right to receive issuance of Culp, Inc. common stock.

These restricted stock units represent the right to receive 10,033 shares of Culp, Inc. common stock based on the reporting person remaining a director as of the date that is the earlier of (i) the one-year anniversary of the date of the grant, or (ii) the next annual meeting of shareholders of the Issuer which is at least 50 weeks after the immediately preceding year's annual meeting.

The reporting person holds no more restricted stock units with a vesting date of the Issuer's September 24, 2025, annual meeting of shareholders.

Contingent right to receive issuance of Culp, Inc. common stock.

These restricted stock units represent the right to receive 9,197 shares of Culp, Inc. common stock based on the reporting person remaining a director as of the date that is the earlier of (i) the one-year anniversary of the date of the grant or (ii) the next annual meeting of shareholders which is at least 50 weeks after the immediately preceding year's annual meeting.

Contingent right to receive issuance of Culp, Inc. common stock.

The reporting person may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding common stock. The reporting person disclaims beneficial ownership of the securities owned directly by other members of the Section 13(d) group and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

These restricted stock units represent the right to receive 9,197 shares of Culp, Inc. common stock based on the reporting person remaining a director as of the date that is the earlier of (i) the one-year anniversary of the date of the grant, or (ii) the next annual meeting of shareholders of the Issuer which is at least 50 weeks after the immediately preceding year's annual meeting.

The reporting person holds no more restricted stock units with a vesting date of the Issuer's September 24, 2025, annual meeting of shareholders.

The reporting person may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding common stock. The reporting person disclaims beneficial ownership of the securities owned directly by other members of the Section 13(d) group and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Contingent right to receive issuance of Culp, Inc. common stock.

These restricted stock units represent the right to receive 9,197 shares of Culp, Inc. common stock based on the reporting person remaining a director as of the date that is the earlier of (i) the one-year anniversary of the date of the grant, or (ii) the next annual meeting of shareholders of the Issuer which is at least 50 weeks after the immediately preceding year's annual meeting.

The reporting person holds no more restricted stock units with a vesting date of the Issuer's September 24, 2025, annual meeting of shareholders.

Estimated number of shares based on calculation from information provided by 401(k) plan administrator regarding units in the stock fund acquired by the reporting person.

Estimated share price based on calculation from information provided by 401(k) plan administrator regarding the unit price in the stock fund for such transaction.

Estimated number of shares based on calculation from information provided by 401(K) plan administrator regarding units in the stock fund held by the reporting person following the reported transaction.

Contingent right to receive issuance of Culp, Inc. common stock.

These restricted stock units represent the right to receive 12,557 shares of Culp, Inc. common stock based on the reporting person remaining employed with the company through September 6, 2025, as set forth in the award agreement.

Reflects the total number of service-based restricted stock units with a vesting date of September 6, 2025, held by the reporting person following the reported transaction.

Contingent right to receive issuance of Culp, Inc. common stock.

These restricted stock units represent the right to receive 5,242 shares of Culp, Inc. common stock based on the reporting person remaining employed by the company as of the end of the three-year vesting period, as described in the award agreement.

Reflects the total number of service-based restricted stock units with a vesting date of July 11, 2025, held by the reporting person following the reported transaction.

Contingent right to receive issuance of Culp, Inc. common stock.

These restricted stock units represent the right to receive 9,197 shares of Culp, Inc. common stock based on the reporting person remaining employed by the company as of the end of the three-year period, as described in the award agreement.

Reflects the total number of service-based restricted stock units with a vesting date of July 11, 2025, held by the reporting person following the reported transaction.