Company: CULP
Filing Date: 2025-06-20
Form Type: 11-K
Source: 0000950170-25-088317
Chunk: 6

Company: CULP INC
Filing Date: 2025-06-20
Form: 11-K
Chunk 6
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:-----------------------------------------------------------------------|----------:|:----|:------------|:----|:-----------------------|:----|:--------------|
|                                 |     |                                                                        |           |     |             |     | Redemption             |     |               |
|                                 |     |                                                                        |           |     | Unfunded    |     | Frequency              |     | Redemption    |
| Description                     |     | Fair Value                                                             |           |     | Commitments |     | -If Currently Eligible |     | Notice Period |
| Invesco Stable Value Trust Fund |     | $                                                                      | 3,472,715 |     | N/A         |     | Daily                  |     | 12 months     |

|                                 |     | Net Asset Value used as a practical expedient as of December 31, 2023: |           |     |             |     |                        |     |               |
|:--------------------------------|:----|:-----------------------------------------------------------------------|----------:|:----|:------------|:----|:-----------------------|:----|:--------------|
|                                 |     |                                                                        |           |     |             |     | Redemption             |     |               |
|                                 |     |                                                                        |           |     | Unfunded    |     | Frequency              |     | Redemption    |
| Description                     |     | Fair Value                                                             |           |     | Commitments |     | -If Currently Eligible |     | Notice Period |
| Invesco Stable Value Trust Fund |     | $                                                                      | 3,703,050 |     | N/A         |     | Daily                  |     | 12 months     |

<div align='center'>9</div>

Culp, Inc. Common Stock

This investment is valued at the closing price reported on the New York Stock Exchange, which is the active market in which the individual security is traded. This investment is classified within Level 1 of the valuation hierarchy.

The Plan held196,376shares and167,314shares of the Company’s common stock as of December 31, 2024, and 2023, respectively. The cost basis of these shares of the Company’s common stock was $1,253,261and $1,188,047as of December 31, 2024, and 2023, respectively.

Money Market Fund

This investment is a public investment vehicle valued using $1for the NAV. The money market fund is classified within Level 2 of the valuation hierarchy.

The methods described above may produce a fair value