BEACHWOOD, Ohio, WINCHESTER, Va. — MasterBrand and American Woodmark will hold their respective Special Meetings of Shareholders on Thursday, Oct. 30, where shareholders of each company will vote on matters in connection with the proposed merger transaction. 

The board of directors of MasterBrand and American Woodmark unanimously recommends that stockholders vote “FOR” each of the merger proposals to be considered. MasterBrand intends to hold the MasterBrand stockholder meeting in person at 3333 Richmond Road, Beachwood, Ohio 44122, on October 30, 2025, beginning at 9:00 a.m., Eastern Time. American Woodmark intends to hold the American Woodmark shareholder meeting virtually via live webcast at www.virtualshareholdermeeting.com/AMWD2025SM, on Oct. 30 beginning at 9:00 a.m., Eastern Time.

In August, MasterBrand Inc. and American Woodmark Corp. entered into a definitive merger agreement whereby MasterBrand will combine with American Woodmark via an all-stock merger valued at $3.6 billion. The combined company would have a pro forma equity value of $2.4 billion. Described as an all-stock deal valued at $3.6 billion, the merger joins the #6 FDMC 300 company (MasterBrand) with the #12 FDMC 300 company (American Woodmark). The $3.6 billion enterprise value is based on the exchange ratio and closing share price as of August 5, 2025.

Following the completion of the merger, MasterBrand, American Woodmark, and their respective subsidiaries will operate as a
combined company under the name MasterBrand, Inc.

As the company's begin the work of integrating the two mega firms, and their subsidiaries, an Integration Management Office was established and the various work teams will be using Signal, a cloud-based program management tool designed for merger or divestiture activities.