Other Events.

On May 29, 2026, the Board of Directors of UFP Industries, Inc. (the "Company") authorized the repurchase of up to $300 million shares of the Company's outstanding common stock. The authorization expires on April 30, 2027, and supersedes and replaces any prior share repurchase authorizations.

Share repurchases pursuant to the authorization may be made from time to time in the open market, through privately negotiated transactions, or by other means, including pursuant to Rule 10b5 1 trading plans, in accordance with applicable federal securities laws. The timing, manner, price, and amount of any repurchases will be determined by the Company in its discretion and will depend on a variety of factors, including market conditions, share price, trading volume, and other considerations.  

The authorization does not obligate the Company to acquire shares, and it may be modified, suspended, or discontinued at any time without prior notice.