LSI Industries Inc. (NASDAQ:LYTS, "LSI" or the "Company")), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced a strategic partnership (the "Partnership") with privately held Carter Thermal Industries Group ("Carter"), a global leader in refrigeration and environmental controls solutions. Under the terms of the agreement, LSI will become the exclusive partner throughout the United States and Canada for advanced refrigerated display and store solutions developed by U.K.-based Carter, effective May 28, 2026.