Xponential Fitness board initiates strategic alternatives review; appoints Nicole Parent Haughey

Xponential Fitness, Inc.

Board to evaluate sale, merger, or other strategic transaction; Jefferies LLC engaged as financial advisor.
Board size reduced from 7 to 5; Jair Clarke, Chelsea A. Grayson, and Bruce Haase resigned April 1, 2026.
Nicole Parent Haughey appointed independent director effective April 6, 2026; joins Audit, Nominating, and Human Capital Committees.
Director compensation includes $80K annual cash retainer, $110K RSU award, plus committee fees.
Company maintains asset-light franchise model and continues executing strategy during review.

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