Item 5.07Item 5.07 - Submission of Matters to Vote
Item 5.07 Submission of Matters to a Vote of Security Holders.
On September 23, 2026, Culp, Inc. (the “Company”) held its annual meeting of shareholders. At the meeting, the Company’s shareholders: (i) elected each of the seven persons listed below under Proposal 1 to serve as a director of the Company until the 2027 annual meeting, or until their successors are elected and qualified; (ii) ratified the appointment of Grant Thornton LLP as the independent auditors of the Company for fiscal 2027; and (iii) voted for a resolution approving, on an advisory basis, the compensation paid to the Company’s named executive officers (a “Say-on-Pay” vote). The following information sets forth the results of the voting at the annual meeting:
Proposal 1: To elect seven directors to serve until the 2027 annual meeting of shareholders, or until their successors are elected and qualified
Director Nominee Shares Voted For Shares Withheld Broker Non-Votes
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J. Douglas Collier 9,309,448 31,027 1,599,935
Robert G. Culp, IV 9,316,262 24,213 1,599,935
Kimberly B. Gatling 8,319,729 1,020,746 1,599,935
Lynn D. Heatherton 9,201,806 138,669 1,599,935
Franklin N. Saxon 8,614,706 725,769 1,599,935
William L. Tyson 9,300,678 39,797 1,599,935
Mark Wilson 9,296,915 43,560 1,599,935
Proposal 2: To ratify the appointment of Grant Thornton LLP as the Company’s independent auditors for fiscal 2027
For Against Abstain Broker Non-Votes
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10,907,681 19,487 13,242 —
Proposal 3: Advisory vote on the Company’s named executive officers’ compensation as disclosed in the 2026 Proxy Statement (Say-on-Pay)
For Against Abstain Broker Non-Votes
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8,300,425 968,580 71,470 1,599,935