Transaction Details

Footnotes

Contingent right to receive Culp, Inc. common stock. | These restricted stock units represent the right to receive 13,935 shares of Culp, Inc. common stock based on the reporting person remaining employed by the company as of the end of the three-year vesting period, as described in the award agreement. | Reflects the total number of service-based restricted stock units with a vesting date of July 11, 2025, held by the reporting person following the reported transaction. | Estimated number of shares based on calculation from information provided by 401(k) plan administrator regarding units in the stock fund held by the reporting person. | These shares are held of record by CIBC National Trust Company for the benefit of the reporting person's daughter. The reporting person is the sole trustee of this trust, and the reporting person has sole voting, dispositive, and investment power with respect to these shares. | These shares are held of record by CIBC National Trust Company for the benefit of the reporting person's son. The reporting person is the sole trustee of this trust, and the reporting person has sole voting, dispositive and investment power with respect to these shares.