Ennis (EBF) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for July 18, 2024, with proxy materials available online to reduce costs and expedite delivery.

• Shareholders can vote on three key proposals: election of three directors, ratification of the independent auditor, and a non-binding say-on-pay vote.

• Board recommends voting in favor of all proposals and emphasizes the importance of shareholder participation.

Voting matters and shareholder proposals

• Proposals include electing Troy L. Priddy, Alejandro Quiroz, and Margaret A. Walters as directors for three-year terms, ratifying CohnReznick LLP as auditor, and approving executive compensation on an advisory basis.

• Shareholders of record as of May 17, 2024, are eligible to vote; cumulative voting rights apply for director elections.

• Shareholder proposals for the 2025 meeting must be submitted by February 6, 2025.

Board of directors and corporate governance

• Board consists of nine members in staggered three-year terms, with a majority being independent.

• Board diversity includes gender and ethnic representation; recent appointments have reduced average age and tenure.

• Three standing committees: Audit, Compensation, and Nominating, all comprised of independent directors.

• Annual self-evaluations and stock ownership requirements for directors are in place.

• Code of Business Conduct and Ethics applies to all directors and employees.