Universal CFO Johan C. Kroner to retire July 1, 2026; will serve until successor appointed

UNIVERSAL CORP /VA/

Kroner remains CFO until successor is found, then Senior VP through retirement date.
Received special grant of 11,025 RSUs (~$600K) vesting on retirement date.
Company initiated global search for new CFO with executive search firm.
Kroner served as CFO for 7 years and 32 years total at Universal.

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