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Kimball International, Inc. Holds Annual Meeting And Declares Dividend


GlobeNewswire Inc | Oct 27, 2020 04:05PM EDT

October 27, 2020

JASPER, Ind., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Kimball International, Inc.(NASDAQ: KBAL)

At the 2020 Annual Meeting of Shareholders ofKimball International, Inc.(Nasdaq: KBAL), the following nominees were elected to serve on the Board of Directors:Susan B. Frampton and Scott S. Settersten. Each received a majority of votes cast, and each will serve a term of three years until the 2023 meeting of shareholders, or until their respective successors have been duly elected and qualified. Shareholders approved the non-binding advisory vote on compensation for executives (Say on Pay). Shareholders also ratified the appointment ofDeloitte & Touche LLPas the Companys independent registered public accounting firm for fiscal year 2021.

The Board of Directors of Kimball International, Inc. declared a quarterly cash dividend of nine cents ($0.09) per share for all outstanding shares of common stock payable January 15, 2021, to shareholders of record on December 21, 2020.

About Kimball International, Inc.

For 70 years, Kimball International has created design driven furnishings that have helped our customers shape spaces into places, bringing possibility to life by enabling collaboration, discovery, wellness and relaxation. We go to market through our family of brands: Kimball, Kimball Health, National, Etc. by National, Kimball Hospitality, and Dstyle by Kimball Hospitality. Our values and high integrity are demonstrated daily by living our Purpose and Guiding Principles that establishus as an employer of choice. We build success by growing long-term relationships with customers, employees, suppliers, shareholders and the communities in which we operate. In fiscal year 2020, the Company generated $728million in revenue and employed over 2,800 people. To learn more about Kimball International, Inc. (NASDAQ: KBAL), visitwww.kimballinternational.com.

For additional information contact:

Lynn Morgen - lynn.morgen@advisiry.comEric Prouty - eric.prouty@advisiry.com

Kimball International1600 Royal StreetJasper, IN 47546-2256Telephone 812.482.1600







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