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Doug Bergeron Comments on Ethan Allen’s Decision to Report First Quarter Results After 2026 Annual Meeting

Business Wire

Company Breaks With More Than Two Decades of Practice in the Midst of a Contested Election

Questions What the Board is Hiding From Shareholders Before They Decide Who Will Oversee Ethan Allen's Future

PARK CITY, Utah, October 19, 2026--Doug Bergeron, a significant shareholder of Ethan Allen Interiors Inc. ("Ethan Allen" or the "Company") (NYSE: ETD) with beneficial ownership, collectively with his affiliates and associates, of approximately 5.2% of Ethan Allen's outstanding common stock, today issued the following statement in response to the Company's announcement that it will report its fiscal first quarter 2027 results on November 9, 2026, five days after its 2026 Annual Meeting of Stockholders (the "Annual Meeting") on November 4, 2026.

"Yesterday, we called on Ethan Allen to release its first quarter results before shareholders vote on the future of the Company. Today, the Board responded by doing the exact opposite, scheduling its earnings release for after the Annual Meeting.

"For more than 20 years, Ethan Allen has reported its first quarter results ahead of its annual meeting.1 The Board adhered to that schedule even during its 2015 proxy contest. Further, for the past five years, the Company has consistently released its first quarter results on the last Wednesday of October – a schedule that has been seemingly automatic. The Board's decision to abandon these practices now is all the more concerning and appears to be a deliberate attempt to manipulate the information available to shareholders as they cast their votes. The Company's attempt to distract from this obvious manipulation is transparent. The issue is not how many days there are between the announcement of the earnings release date and the earnings release, itself – it is that the Board has chosen, for the first time in decades, to withhold its results until after the shareholder vote. The move raises the obvious question: what does the Board not want shareholders to see?

"This election is about two decades of deteriorating performance, failed execution despite promises of growth, and a Board that continues to exemplify poor governance and stewardship. Withholding the latest financial results until after the upcoming election of directors only deepens concerns about the Board's commitment to transparency and accountability. Shareholders deserve to make this consequential decision with all relevant information available to them."

Additional materials related to Mr. Bergeron's campaign, including video interviews with his five director candidates, may be found at www.EthanAllenGrowth.com. Shareholders are encouraged to follow the campaign's LinkedIn and X pages to stay informed in real time.

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