Company: CVCO
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0000278166-25-000097
Chunk: 1

Company: CAVCO INDUSTRIES, INC.
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 1
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 revenue total in the history of the Company and the third highest amount of net income.

• Profitability: The Company’s focus on operational efficiency and cost optimization resulted in factory-built housing gross profit as a percentage of net revenue for the year of 22.9%.

• Health and Safety: Cavco has invested in its employees with training and workforce development programs that focus on safety first. As a result, the Company’s OSHA total recordable incident frequency rate ("TRIR") for the calendar year has dropped by 54% over the last five years and in the last year, 90% of our production facilities have a TRIR better than the industry average.

As the Company moves forward, we remain focused on our long-term strategic objectives and our commitment to sustainable growth. We recognize the challenges that lie ahead, including evolving market and financial dynamics. However, the Company is confident in its ability to navigate these obstacles and capitalize on opportunities.

The attached Notice of Annual Meeting of Stockholders and Definitive Proxy Statement provides all the requisite information concerning all business to be conducted at the upcoming annual meeting. It also describes how the Board operates, gives information about the director candidates, and provides other pertinent information. The Board thanks you for your continued confidence and we appreciate the opportunity to serve Cavco on your behalf.

#### Notice of

#### 2025 Annual Meeting of Stockholders of

#### Cavco Industries, Inc.
| Meeting Information |

| Date:July 29, 2025                                                                                                                                                                     
 Time:9:00 AM Local Time                                                                                                                                                                
 Place:Cavco Industries, Inc.                                                                                                                                                           
 3636 North Central Avenue                                                                                                                                                              
 Phoenix, Arizona 85012                                                                                                                                                                 
 Voting Information                                                                                                                                                                     
 To ensure representation of your shares at the Annual Meeting, you must vote in the manner described within the accompanying proxy. To votebeforethe Annual Meeting, you must vote by: 
 1.To elect three directors to the Class I Director group to serve until the Annual Meeting of Stockholders in 2028, or until their successors have been elected and qualified;         
 2.To hold an advisory vote to approve the compensation of the Company’s named executive officers;                                                                                      
 3.To ratify the appointment of RSM US LLP as the Company’s independent registered public accounting firm for fiscal year 2026; and                                                     
 4.To transact such other business as may properly come before the meeting or any adjournment thereof.                                                                                  |     |                                                 |     | Items of business to be voted on at the 2025 Annual