Company: CULP
Filing Date: 2025-08-15
Form Type: DEF 14A
Source: 0000950170-25-109242
Chunk: 12

Company: CULP INC
Filing Date: 2025-08-15
Form: DEF 14A
Chunk 12
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 decisions and the engagement of Grant Thornton LLP as the Company’s independent auditors.

The Company will bear the entire cost of preparing this Proxy Statement and of soliciting proxies. Proxies may be solicited by employees of the Company, either personally, by special letter, or by telephone. However, Company employees will not be specifically compensated for these services. The Company also will request brokers and others to send solicitation material to beneficial owners of the Company’s stock and will, upon request, reimburse their out-of-pocket costs.

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BENEFICIAL OWNERS OF 5% OR MORE OF OUR COMMON STOCK The following table lists the beneficial ownership of the Company’s common stock with respect to each individual or entity known by the Company to be the beneficial owner of more than five percent of such common stock as of July 29, 2025. This information is based solely on SEC filings made by the individuals or entities by that date.

| Title of Class       |     | Name and Address of Beneficial Owner     |     | Amount and    
 Nature of     
 Beneficial    
 Ownership     |     | Percent of  
 Outstanding 
 Shares (1)  |
| Common stock, par    
 value $.05 per share |     | 22NW Fund, LP et al.                     
 590 1st Ave South                        
 Unit C1                                  
 Seattle, WA 98104                        |     | 1,859,061 (2) |     | 14.8%       |
|                      |     | Gate City Capital Management, LLC et al. 
 8725 W. Higgins Road                     
 Suite 530                                
 Chicago, IL 60631                        |     | 1,188,670 (3) |     | 9.4%        |
|                      |     | Ameriprise Financial, Inc. et al.        
 145 Ameriprise Financial Center          
 Minneapolis, MN 55474                    |     | 631,956 (4)   |     | 5.0%        |
|                      |     | Renaissance Technologies LLC             
 800 Third Avenue                         
 New York, NY 10022                       |     | 629,817 (5)   |     | 5.0%        |

(1) Applicable percentage ownership is based on 12,605,306 shares of our common stock outstanding as of July 29, 2025. (2) Based on information obtained from a Schedule 13D/A filed by 22NW Fund, LP,