Special Meeting of Stockholders - LEVI STRAUSS & CO

Financial Performance:

• The transcript is a record of a Special Stockholders Meeting and contains no discussion of financial results, revenue, earnings, cash flow, debt, or other financial metrics.

Guidance and Future Outlook:

• No forward guidance, growth projections, or long-term strategic outlook was provided; the only forward-looking action mentioned is the potential execution of a reverse stock split subject to board discretion.

Business Segments and Product Lines:

• No information regarding specific business segments, product lines, new launches, or customer agreements was discussed.

Market and Competitive Landscape:

• No analysis of market trends, competition, or market share was presented.

Risks and Challenges:

• The only specific risk mentioned was the possibility of insufficient votes for the reverse stock split proposal, leading to an adjournment to solicit additional proxies.

Management Commentary and Tone:

• CEO Will Reeves maintained a procedural and administrative tone, focusing solely on the meeting's agenda; no commentary on business performance or confidence levels was offered.

Analyst Questions and Answers:

• The Q&A session was non-existent; CEO Will Reeves explicitly stated, "No questions have been submitted and no further business is to come before the meeting today."

Other Key Points:

• The meeting was a 2026 Special Stockholders Meeting held on October 22, 2026, with 54,741,392 shares outstanding as of the September 4, 2026 record date.
• Two proposals were voted on and approved: (1) a reverse stock split amendment with a ratio between 1:20 and 1:50, to be finalized by the Board later; and (2) authorization to adjourn the meeting if vote thresholds are not met.
• Final voting results will be reported in a Form 8-K within four days.