Millerknoll, Inc..

20.2 20.2 Other comprehensive income, net of tax 12.7 12.7 Stock-based compensation expense 9.3 9.3 Exercise of stock options 8,445 0.1 0.1 Restricted and performance stock units released 1,030,034 0.2 0.1 0.3 Employee stock purchase plan issuances 38,231 0.7 0.7 Repurchase and retirement of common stock and common stock withheld for tax withholdings ( 377,995 ) ( 0.1 ) ( 7.1 ) ( 7.2 ) Dividends declared ($ 0.1875 per share) ( 13.1 ) ( 13.1 ) Other 0.7 0.7 August 30, 2025 68,503,628 $ 13.7 $ 682.2 $ 672.9 $ ( 69.3 ) $ 1,299.5 See accompanying notes to Condensed Consolidated Financial Statements.

SEC original ↗Millerknoll, Inc.. — 10-Q Quarterly report10-QSep 28, 2026

Fair Value Measurements The Company's financial instruments consist of cash equivalents, accounts and notes receivable, deferred compensation plans, accounts payable, debt, interest rate swaps, and foreign currency exchange contracts.

SEC original ↗Millerknoll, Inc.. — 10-Q Quarterly report10-QSep 28, 2026

The Company's financial instruments, other than long-term debt, are recorded at fair value.

SEC original ↗Millerknoll, Inc.. — 10-Q Quarterly report10-QSep 28, 2026

The carrying value and fair value of the Company's total debt is as follows for the periods indicated: (In millions) August 29, 2026 May 30, 2026 Carrying value $ 1,307.4 $ 1,294.6 Fair value $ 1,317.5 $ 1,294.7 The following describes the methods the Company uses to estimate the fair value of financial assets and liabilities recorded in net earnings, which have not significantly changed in the current period: Cash and cash equivalents The Company invests excess cash in short term investments in the form of money market funds, which are valued using net asset value ("NAV").

SEC original ↗Millerknoll, Inc.. — 10-Q Quarterly report10-QSep 28, 2026

Interest Rate Swaps The Company uses interest rate swap agreements designated as cash flow hedges to manage its exposure to variability in cash flows associated with variable-rate debt.

SEC original ↗Millerknoll, Inc.. — 10-Q Quarterly report10-QSep 28, 2026

During the three months ended August 29, 2026, the Company made aggregate principal payments of $ 2.5 million and $ 1.4 million on Term Loan A and B, respectively.

SEC original ↗Millerknoll, Inc.. — 10-Q Quarterly report10-QSep 28, 2026

Following a rigorous search process, the Board believes Jeff is the right leader for MillerKnoll as we continue to focus on accelerating sales, improving profitability and creating value for our shareholders.

SEC original ↗Millerknoll, Inc.. — Earnings release (8-K exhibit)EX-99Oct 21, 2026

This is a pivotal time for MillerKnoll, and I am energized by the opportunity to continue working with our talented teams and iconic brands across the Company as we focus on elevating our performance and creating long-term value, said Mr.

SEC original ↗Millerknoll, Inc.. — Earnings release (8-K exhibit)EX-99Oct 21, 2026

I look forward to partnering with the Board and our teams to sharpen our priorities, manage costs with discipline, strengthen our balance sheet and build on our foundation to deliver for our shareholders, customers and associates.

SEC original ↗Millerknoll, Inc.. — Earnings release (8-K exhibit)EX-99Oct 21, 2026

Forward-looking statements include, but are not limited to, statements regarding future events, anticipated results of operations, our expectations regarding future market conditions, our business strategies, our assessment of risks we face, and other aspects of our operations or operating results.

SEC original ↗Millerknoll, Inc.. — Earnings release (8-K exhibit)EX-99Oct 21, 2026

Leveraging the collective brand equity of MillerKnoll across the lines of business is an important element of the Company's business strategy.

SEC original ↗Millerknoll, Inc.. — 10-Q Quarterly report10-QSep 28, 2026

Previously, he served as Chief Financial Officer for more than 10 years, leading MillerKnoll s global financial operations and helping guide the Company through periods of macroeconomic challenge and opportunistic growth.

SEC original ↗Millerknoll, Inc.. — Earnings release (8-K exhibit)EX-99Oct 21, 2026

These forward-looking statements involve certain risks and uncertainties, many of which are beyond our control, that could cause actual results to differ materially from those indicated in such forward-looking statements, including, but not limited to The effects of the ongoing conflict in the Middle East and broader geopolitical instability, including negative impacts on our supply chain, decreased sales within the region or beyond due to supply chain constraints or other factors, energy prices, and broader inflationary and macroeconomic effects Changes to U.

SEC original ↗Millerknoll, Inc.. — Earnings release (8-K exhibit)EX-99Oct 21, 2026

IEEPA Tariff Refund Claims During 2025, certain tariffs were imposed pursuant to actions taken under the International Emergency Economic Powers Act ("IEEPA").

SEC original ↗Millerknoll, Inc.. — 10-Q Quarterly report10-QSep 28, 2026

Subsequent legal proceedings challenged the validity of those tariffs, and court rulings issued during fiscal 2026 created the potential for importers to seek refunds of IEEPA tariffs previously paid.

SEC original ↗Millerknoll, Inc.. — 10-Q Quarterly report10-QSep 28, 2026

The Company submitted claims for refunds on substantially all IEEPA tariffs paid that may be eligible for recovery.

SEC original ↗Millerknoll, Inc.. — 10-Q Quarterly report10-QSep 28, 2026

During the first quarter of fiscal 2027, the Company received refunds related to previously incurred IEEPA tariffs.

SEC original ↗Millerknoll, Inc.. — 10-Q Quarterly report10-QSep 28, 2026