MANNATECH INC

Mannatech, Incorporated announced the appointment of Yasir Haider as Chief Financial Officer and principal financial officer, effective June 3, 2026. Mr. Haider, who joined the company as Controller in January 2025 and served as Interim CFO since March 2026, replaces James Clavijo. The company's President and CEO, Landen Fredrick, expressed confidence in Mr. Haider's ability to enhance financial discipline and drive long-term shareholder value.

Mannatech, Incorporated announced the appointment of Yasir Haider as Chief Financial Officer, effective June 3, 2026. Mr. Haider, who previously served as Interim CFO and Controller, brings significant experience in global financial operations, SEC reporting, and mergers and acquisitions. President and CEO Landen Fredrick praised Haider's discipline and focus, expressing confidence in his ability to drive performance and create long-term shareholder value.

Mannatech, Incorporated held its 2026 Annual Shareholders' Meeting on June 2, 2026, with approximately 71.0% of total shares outstanding represented. Shareholders elected John A. Seifrick and Robert Toth as Class III directors. Additionally, the appointment of BDO USA, P.C. as the independent public accounting firm for fiscal year 2026 was ratified, and executive compensation was approved on an advisory basis.

Mannatech shareholders approved all proposals at the annual meeting held on June 2, 2026. Key approvals included the election of John A. Seifrick and Robert Toth as Class III Directors to serve until 2029. Shareholders also ratified the appointment of BDO USA, P.C. as the independent registered public accounting firm for fiscal year 2026 and provided advisory approval for the compensation of the company's named executive officers. Proxies representing 71.0% of the outstanding shares were voted at the meeting.

Mannatech, a global health and wellness company, announced financial results for the first quarter of 2026. The company reported a net income of $1.0 million, or $0.49 per diluted share, a significant improvement from a net loss of $1.5 million in the prior year. However, net sales decreased by $1.6 million to $24.9 million, representing an 8.1% decline on a constant dollar basis, and the customer base also saw a decline.

Mannatech Inc. reported a significant turnaround in its first quarter of 2026, achieving a net income of $0.95 million, or $0.49 per diluted share, compared to a net loss of $1.53 million, or $(0.80) per diluted share, in the prior year. Despite a decrease in net sales to $24.92 million from $26.56 million, the company improved its loss from operations and generated positive cash flow from operating activities. Cash and cash equivalents also increased to $7.01 million by quarter-end.

Mannatech, Inc. received a notice from Nasdaq on April 20, 2026, indicating non-compliance with the minimum stockholders' equity requirement of $2,500,000. As of December 31, 2025, the company reported a stockholders' equity deficit of $5,223,000, a shortfall of approximately $7.7 million. The notice does not result in immediate delisting, and Mannatech has until June 4, 2026, to submit a plan to regain compliance, with a potential extension until October 17, 2026.

Mannatech reported a challenging fourth quarter and full year 2025. Fourth-quarter net sales declined 8.2% to $26.6 million, leading to a net loss of $11.3 million, or $5.94 per diluted share, compared to net income in the prior year. For the full year, net sales decreased 8.3% to $108.0 million, impacted by unfavorable foreign exchange and a new ordering system. The company also recorded a significant $12.3 million income tax provision, contributing to an overall operating loss.

Mannatech, Incorporated announced its financial and operating results for the fourth quarter and full year ended December 31, 2025. The company issued a press release on April 15, 2026, detailing these results. This announcement was made via a Current Report on Form 8-K, with the press release attached as Exhibit 99.1.

Mannatech, Inc. filed its annual report on Form 10-K for the fiscal year ended December 31, 2025. The company reported that the aggregate market value of its common stock held by non-affiliates was $9,875,105 as of June 30, 2025, based on a closing sale price of $9.35 per share. Mannatech confirmed its status as a non-accelerated filer and a smaller reporting company, having filed all required reports during the preceding 12 months.