Enhabit (EHAB) Proxy Filing summary

Executive summary

• Agreement reached for acquisition by Kinderhook Industries, a middle-market private equity firm, with announcement made to employees and leadership.

• Day-to-day operations, team structures, strategy, and mission are expected to remain unchanged through the transition.

• Transaction expected to close in the second quarter of 2026, pending shareholder and regulatory approvals.

• Employees holding stock will receive $13.80 in cash per share, including for unvested equity, upon closing.

• Communication emphasizes continuity, transparency, and timely updates throughout the process.

Voting matters and shareholder proposals

• Shareholder approval is required for the transaction to proceed, with a special meeting to be announced.

• Proxy materials, including a proxy statement, will be filed with the SEC and made available to investors.

Board of directors and corporate governance

• Directors and executive officers may be deemed participants in the solicitation of proxies for the transaction.

• Information about directors and officers is available in the company's definitive proxy statement for the 2025 annual meeting.