Worthington Enterprises, Inc. (WOR) September 2026 Annual General Meeting Transcript

Good afternoon and welcome to the Worthington Enterprise Annual Meeting of Chairholders. I'm John Blystone, the Chairman of the Board of Directors, and on the call with me today for our virtual annual meeting are President and Chief Executive Officer Joe Hayek, Vice President and Chief Financial Officer Colin Souza, and Vice President, General Counsel and Secretary Patrick Kennedy. Mr. Gary Wozniak of Broadridge Corporate Issues Solutions, our transfer agent, has been appointed to serve as inspector of election for the annual meeting. We also have two representatives from KPMG, the company's independent registered public accounting firm, on the call with us today for the annual meeting. Diane Powers and Mark Shervold. I now call the annual meeting. We remind you that any forward-looking statements made by the company's management during this annual meeting are subject to the safe harbor statement found in the company's SEC filings. Mr. Kennedy will record the minutes of this annual meeting, and I have Mr. Kennedy's affidavit that a written notice of Internet availability of proxy materials for this annual meeting was mailed beginning August 13th of 2026. to all shareholders of record as of July 29, 2026, the record date for this annual meeting. On August 13, 2026, the company provided these shareholders of record with access to our online proxy materials, including the company's written notice of the annual meeting, the company's 2026 annual report for the fiscal year, which ended May 31st of 2026, the company's proxy statement, and the form of proxy solicited on behalf of the company's board of directors. Although this annual meeting is a virtual meeting, you'll be able to participate in this by visiting the website for this annual meeting identified in the company's proxy materials. If you've not yet voted your common shares and wish to do so, I ask that you begin that process now through that website. You will need to have your control number shown in the box on your proxy card or notice of intent. Availability of proxy materials to complete your vote.

If you've already voted, you don't need to vote again.

If there are any questions you may have related to this annual meeting or the company's business, you may now send those through the website for the annual meeting just follow the instructions for submitting a question if any questions are submitted we'll answer all valid questions after we finish the formal part of this annual meeting we'll now proceed with our annual meeting mr. Kennedy informs me that we have a quorum present, represented by shareholders participating in person or by proxy. And I will ask Mr. Kennedy to present the matters.

Thank you, John. The first matter is the election of three directors, each to serve a term of three years to expire at the 2029 Annual Meeting of Shareholders. The company's Board of Directors has nominated Charles Capone, Bradley Southern, and Brant Standridge for re-election to the Board of Directors. There were no other nominations presented in accordance with the company's code of regulations. The second matter is an advisory vote on the approval of the company's executive compensation as reported in the proxy statement for this annual meeting. The company is asking shareholders to approve the following advisory resolution, resolve that the shareholders of Worthington Enterprises, Inc., the company, approve on an advisory basis the compensation of the company's named executive officers as disclosed in the company's proxy statement for its 2026 annual meeting of shareholders, pursuant to the executive compensation disclosure rules in item 402 of SEC Regulation SK, including the compensation discussion and analysis, the fiscal 2026 summary compensation table, and the related executive compensation tables, notes, and narratives. The third and final matter is the ratification of the selection of KPMG LLP as the company's independent registered public accounting firm for the fiscal year ending May 31, 2027. but the company's audit committee has selected KPMG to serve in this capacity.

Thank you, Patrick. Diane Powers and Mark Sherlock, representatives from KPMG, the company's independent registered public accounting firm, are present at this annual meeting. Are there any questions for our KPMG representatives? This time, no questions have been submitted through the website for the annual meeting. On the matters presented for the consideration at this annual meeting have closed. Patrick, will you now present the results of the voting?

The report from the Inspector of Elections shows that in excess of 90% of the outstanding common shares of the company were represented at this annual meeting. The three director nominees of the Board of Directors were re-elected by the company's The advisory resolution to approve the company's executive compensation was approved by the company's shareholders and the selection of KPMG LLP as the company's independent registered public accounting firm for the fiscal year ending May 31, 2027 was ratified by the company's shareholders.

So with no other matters to address, I now declare that the 2026 annual meeting of shareholders is adjourned. And thank you for joining us today.

That concludes today's meeting. We do thank you for joining. You may now disconnect your lines.