MATTHEWS INTERNATIONAL CORP

Matthews International Corporation announced that its Board of Directors declared a quarterly dividend of $0.255 per share on the Company’s common stock. This dividend is scheduled to be paid on August 24, 2026, to shareholders who are on record as of August 10, 2026.

Matthews International reported a net loss of $(21.8) million, or $(0.69) per share, on sales of $258.6 million for the three months ended March 31, 2026. This compares to a net loss of $(8.9) million, or $(0.29) per share, on sales of $427.6 million in the prior year period. The company completed several significant divestitures in late 2025, including its warehouse automation business, and redeemed its 2027 Senior Secured Notes for $320.9 million, incurring a $16.3 million debt extinguishment charge. These strategic actions significantly impacted the financial results and balance sheet, contributing to a six-month net income of $21.8 million.

Matthews International Corporation announced that its Board of Directors declared a quarterly dividend of $0.255 per share on the Company's common stock. This dividend is scheduled to be paid on May 25, 2026, to stockholders who are on record as of May 11, 2026.

Matthews International Corporation announced an Employment and Transition Agreement with Steven D. Gackenbach, Group President, Memorialization. He will continue in his full-time role until September 30, 2026, with an annual base salary of $562,500. Subsequently, from October 1, 2026, through January 2, 2028, Mr. Gackenbach will serve as a part-time Senior Advisor, with his base salary reduced by 50%.