Wakefern counterclaims seek to force Village to sell Wakefern stock and exit cooperative

VILLAGE SUPER MARKET INC

On March 19, 2026, Wakefern filed counterclaims seeking a declaration that good cause exists under its By-Laws to compel Village to sell its stock and exit the cooperative.
Company states no basis for good cause exists and Wakefern does not allege its board voted to compel sale as required.
Company believes all Wakefern claims are frivolous and filed in response to Village's own claims; intends to seek dismissal.
Dispute has not materially impacted operations or financial performance to date; outcome probability and loss range are currently indeterminable.

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