Tempur Sealy expects FTC review of Mattress Firm deal to end by Q2 2024; close still mid-late 2024

SOMNIGROUP INTERNATIONAL INC.

Signed definitive agreement to acquire Mattress Firm on May 9, 2023.
FTC review now expected to complete by end of Q2 2024; prior close guidance reaffirmed.
Post-closing supply agreements executed with six mattress manufacturers, including Purple Innovation.
Chairman/CEO Scott Thompson says critical mass of suppliers secured for multi-branded retail model.
Tempur Sealy and Mattress Firm continue joint post-closing planning.

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