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Ethan Allen Selected as Finalist for NYSE Leadership Award

Ethan Allen (ETH) was selected as a finalist in the Exemplary Shareholder Engagement category of the 3rd annual Governance, Risk and Compliance Leadership Awards by NYSE Governance Services, a subsidiary of New York Stock Exchange.

Finalists in the 2016 Exemplary Shareholder Engagement category also included Atlas Air Worldwide Holdings, Inc. and Staples, Inc., with Atlas Air Worldwide Holdings, Inc. taking top honors. The award recognizes companies that demonstrate a willingness to participate in meaningful, transparent dialogue with shareholders via accessible venues and channels. The efficacy of these endeavors is evidenced in the companies' abilities to successfully work through shareholder engagement challenges in a manner that satisfies all parties.

"We thank our colleagues and our shareholders for recognizing the company's commitment to open and meaningful communication and congratulate the other companies nominated in this category," said Ethan Allen's Chairman, President and CEO Farooq Kathwari. "Good governance is at the core of our leadership principles and is truly part of our DNA at Ethan Allen."

The GRC awards program recognizes outstanding companies and individuals who have demonstrated noteworthy efforts in the areas of governance and compliance. Eligible candidates included all publicly traded companies in the U.S. listed on the New York Stock Exchange and NASDAQ.

"NYSE Governance Services would like to congratulate the individuals and organizations that have truly exemplified the highest standards of compliance, ethics and governance. Their dedication and noteworthy achievements truly set the bar for best practices and standards in corporate governance, which plays an integral role in a company's success and long-term value to its shareholders," said Adam Sodowick, President of NYSE Governance Services.



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