On March 17, 2026, Traeger, Inc. (the "Company") filed a Certificate of Amendment to its Amended and Restated Certificate of Incorporation with the Secretary of State of Delaware to effect a 1-for-50 reverse stock split of the Company’s common stock, par value $0.001 per share. This reverse stock split will be effective at 5:00 p.m. Eastern Time on the same day. Following the split, every 50 shares of the Company’s issued and outstanding common stock will automatically convert into one validly issued, fully-paid share of common stock. The Company’s common stock will begin trading on a split-adjusted basis on The New York Stock Exchange under the existing trading symbol "COOK" starting March 18, 2026. The new CUSIP number for the common stock following the reverse stock split is 89269P202. The decision to implement the reverse stock split was approved by the Company’s stockholders at the Annual Meeting held on March 2, 2026, where the Board of Directors recommended the split to address compliance with the NYSE minimum share price requirement. The reverse stock split is expected to enhance the marketability of the Company’s common stock and attract a broader range of institutional investors. However, it may also lead to dilution of existing shareholders' equity, as the number of shares held by each shareholder will decrease significantly. The Company has assured that no fractional shares will be issued as a result of the reverse stock split; instead, holders entitled to receive a fractional share will receive a cash payment in lieu thereof.

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