Traeger announces 1-for-50 reverse stock split to regain NYSE compliance

Traeger, Inc.

Board approved 1-for-50 reverse split after stockholder approval on March 2, 2026.
Effective 5:00 p.m. ET on March 17, 2026; split-adjusted trading begins March 18, 2026.
No fractional shares issued; cash in lieu based on closing price on March 17, 2026.
New CUSIP number 89269P202; par value unchanged; ticker remains COOK.
Purpose is to meet NYSE minimum bid price requirement and broaden investor appeal.

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