Transaction Details

Footnotes

Contingent right to receive issuance of Culp, Inc. common stock. | These restricted stock units represent the right to receive 10,033 shares of Culp, Inc. common stock based on the reporting person remaining a director as of the date that is the earlier of (i) the one-year anniversary of the date of the grant, or (ii) the next annual meeting of shareholders of the Issuer which is at least 50 weeks after the immediately preceding year's annual meeting. | The reporting person holds no more restricted stock units with a vesting date of the Issuer's September 24, 2025, annual meeting of shareholders. | These restricted stock units represent the right to receive 14,252 shares of Culp, Inc. common stock based on the reporting person remaining a director as of the date that is the earlier of (i) the one-year anniversary of the date of the grant, or (ii) the next annual meeting of shareholders which is at least 50 weeks after the Issuer's September 24, 2025, annual meeting of shareholders.