Tandy Leather Factory (TLF) Proxy filing summary

Executive summary

• The annual meeting is scheduled for June 9, 2026, with voting on director elections, auditor ratification, and executive compensation advisory vote.

• Proxy materials are available online, and shareholders are encouraged to vote electronically or by mail.

• Forward-looking statements address growth strategy and strategic initiatives, subject to risks and uncertainties.

Voting matters and shareholder proposals

• Shareholders will vote on electing six directors for a one-year term, ratifying the independent auditor, and an advisory say-on-pay vote.

• The board recommends voting in favor of all three proposals.

• Shareholders can submit proposals for the 2027 meeting by January 2, 2027.

Board of directors and corporate governance

• The board consists of six members, five of whom are independent under Nasdaq rules.

• Roles of CEO and Chairman are separated for effective leadership.

• Board diversity matrix shows gender and demographic diversity among directors.

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

• Directors are encouraged to attend meetings; all attended at least 75% of meetings in 2025.