SPECIAL MEETING OF STOCKHOLDERS - LEVI STRAUSS & CO

Financial Performance:

• No financial results (revenue, earnings, margins, cash flow) disclosed as this was a special stockholder meeting regarding corporate governance, not a quarterly or annual earnings report.
• No updates on deferred revenue, debt levels, or other industry-specific financial metrics provided during the session.

Guidance and Future Outlook:

• No forward-looking financial guidance, growth targets, or market trend analysis released; the meeting focused exclusively on voting outcomes.
• Forward-looking statements reference risks and uncertainties detailed in the Form 10-K for the fiscal year ended December 31, 2025, and Form 10-Q for the quarter ended June 30, 2026.

Business Segments and Product Lines:

• No discussion of segment performance, new product launches, or customer agreements; the agenda was limited to corporate governance matters.

Market and Competitive Landscape:

• No commentary on market share, competition, or industry trends was provided, as the meeting did not address business strategy or market conditions.

Risks and Challenges:

• Risks cited are standard SEC-mandated forward-looking statement warnings regarding uncertainties described in previous 10-K and 10-Q filings.
• No new specific business challenges or operational risks were identified or discussed during the call.

Management Commentary and Tone:

• The tone was procedural, formal, and neutral, consistent with a routine special stockholder meeting.
• Management (CFO Nate Olmstead, CLO Jay Grant, and VP Investor Relations Chris Toth) focused on facilitating the vote and adhering to corporate bylaws.
• Confidence was expressed in the formal compliance of the meeting with Nevada law and amended bylaws.

Analyst Questions and Answers:

• No analyst questions were asked or answered; the Q&A session was conducted with questions submitted via the shareholder meeting link, and none were received in the queue.
• The session concluded immediately after the vote count was announced due to the lack of queries.

Other Key Points:

• Meeting Purpose: The primary objective was to approve the repricing of outstanding stock options granted under the 2025 Incentive Award Plan and to authorize adjournment for proxy solicitation if needed.
• Vote Results: Stockholders voted in favor of both Proposal 1 (repricing) and Proposal 2 (adjournment authorization).
• Procedural Details: A quorum was present; the Inspector of Elections was Jim Alden from American Election Services.
• Next Steps: Final vote results will be reported on a Form 8K filed with the SEC within four business days.
• Record Dates: Voting rights were determined for stockholders of record as of September 14, 2028 (Note: Transcript contains inconsistent future dates for record/meeting dates, likely a transcription anomaly, but the meeting date is referenced as 2026).