Leadership changes at Lci Industries (2026)

Appointed: Robert P. Hureau, Director, effective 2026-07-18

On July 18, 2026, the Board of Directors (the "Board") of LCI Industries (the "Company"), upon the recommendation of the Board's Corporate Governance, Nominating, and Sustainability Committee, increased the size of the Board to seven, and elected Robert P. Hureau to serve as a member of the Board with a term to expire at the 2027 annual meeting of stockholders, effective July 18, 2026.

Also stated in this filing

• Mr. Hureau was also appointed to serve as a member of the Audit Committee, the Compensation and Human Capital Committee, and the Risk Committee of the Board.
• In connection with his appointment, on July 18, 2026, Mr. Hureau received a grant of 1,133 restricted stock units, which will vest in full on the first anniversary of the grant date.

Reported

The A&R Employment Agreements amend and restate the existing employment agreements with Mr. Smith and Mr. Schnur (each, an " executive ") and provide that the employment period under each agreement will continue until terminated in accordance with its terms upon a termination of employment.

Also stated in this filing

• Amended and Restated Employment Agreements On June 19, 2026, Lippert Components, Inc. ("LCI"), a subsidiary of LCI Industries (the "Company"), entered into amended and restated executive employment agreements with each of Ryan R. Smith (Group President, North America) and Jamie M. Schnur (President, Aftermarket & Technology Groups) (each, an "A&R Employment Agreement") effective as of June 19, 2026 (the "effective date").
• The A&R Employment Agreements provide that upon Mr. Smith's or Mr. Schnur's "Approved Retirement" or death during employment, each executive will be eligible to receive the same severance compensation and benefits such executive is eligible to receive upon a termination by LCI for a reason other than "cause" or upon a resignation for "good reason" under the applicable A&R Employment Agreement.
• An "Approved Retirement" will occur if the executive's employment is terminated for any reason, other than under circumstances constituting cause, on or following the first anniversary of the effective date, subject to extension to up to eighteen months following the effective date in certain circumstances involving specified corporate transactions initiated by the Company.
• The A&R Employment Agreements apply the definition of Good Reason set forth in the A&R Employment Agreements to stock-based incentive awards held by the executives.

Departing: Jason D. Lippert, Chief Executive Officer, effective 2026-06-03

On June 3, 2026, Jason D. Lippert retired as Chief Executive Officer of LCI Industries (the " Company ") and resigned as a member of the Board of Directors of the Company (the " Board "), effective as of June 3, 2026.

Departing: Tracy D. Graham, Director

Also on June 3, 2026, Tracy D. Graham, the Chair of the Board, resigned as a member of the Board, including all committees thereof, effectively immediately.

Appointed: John A. Sirpilla, Chief Executive Officer

In connection with Mr. Lippert's resignation as Chief Executive Officer of the Company, the Board appointed John A. Sirpilla to serve as Interim Chief Executive Officer, effective immediately.

Appointed: Virginia L. Henkels, Chair of the Board, effective 2026-06-03

In connection with Mr. Graham's resignation from the Board, the Board appointed Virginia L. Henkels, a current member of the Board, to serve as Chair of the Board, and the Board appointed Stephanie K. Mains, a current member of the Audit Committee of the Board, to serve as the Chair of the Audit Committee, in each case effective as of June 3, 2026.

Role change: Brendan J. Deely, Director, effective 2026-06-03

In addition, in connection with Mr. Sirpilla stepping down from his role on the Compensation and Human Capital Committee of the Board, the Board appointed Brendan J. Deely, a current member of the Board, to be Chair of the Compensation and Human Capital Committee of the Board, and Mr. Deely stepped down from his role as a member of the Risk Committee of the Board, in each case effective June 3, 2026.

Also stated in this filing

• Mr. Lippert's resignation as Chief Executive Officer of the Company and as a member of the Board did not result from any disagreement with the Company.
• Mr. Graham's resignation from the Board did not result from any disagreement with the Company.
• Immediately prior to his appointment as Interim Chief Executive Officer, Mr. Sirpilla served as a member of the Board, Chair of the Compensation and Human Capital Committee of the Board, a member of the Risk Committee of the Board, and a member of the Strategy, Acquisition, and Capital Deployment Committee of the Board.
• Mr. Sirpilla, 59, has been a member of the LCI Industries Board of Directors since 2019 and has over 35 years of executive and leadership experience in the RV and Outdoor Recreation industries, amongst others, and maintains strong relationships with customers and key stakeholders in the industry.
• Mr. Sirpilla has served as Chief Executive Officer and the founder of Encourage LLC, a small family office focused on investments in retail, medical development, and health management since 2017, and he also currently serves as Chief Experience Officer of Wellspring Family Office.
• Mr. Sirpilla began his career as an independent RV dealer before the business was acquired by Camping World, where he joined the Senior Executive Team.