Lifeway Foods (LWAY) Proxy filing summary

Voting matters and shareholder proposals

• Seven directors are nominated for election to serve until the 2027 annual meeting or until successors are elected and qualified.

• Shareholders are asked to ratify Grant Thornton LLP as the independent auditor for fiscal year 2026.

• A non-binding advisory vote on executive compensation is included on the ballot.

• Other business may be addressed as properly brought before the meeting or any adjournment.

Board of directors and corporate governance

• Board nominees include Kirk Chartier, Juan Carlos ("JC") Dalto, Rachel Drori, Andee Harris, Susie Hultquist, Dorri McWhorter, and Julie Smolyansky.

Audit committee and external auditor matters

• Grant Thornton LLP is recommended for ratification as the independent auditor for the 2026 fiscal year.