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From Home Furnishing Business

Tempur Sealy Completes Name Change to Somnigroup

Somnigroup International Inc., formerly Tempur Sealy International, announced the completion of its name change. Shares of Somnigroup common stock trade on the New York Stock Exchange under the ticker symbol "SGI."

Scott Thompson, Somnigroup Chairman and CEO said, "Somnigroup is the world's largest bedding company, with superior capabilities in design, manufacturing, distribution and retail while owning a portfolio of the most highly recognized brands in the industry.

The name Somnigroup is derived from the Latin words "somn," meaning sleep, "omni," meaning all, and "group" to reflect our position as a global provider of sleep solutions with an integrated omni-channel strategy.

Somnigroup has a portfolio of outstanding businesses – Tempur Sealy, Dreams and Mattress Firm. Our portfolio of iconic brands includes Tempur-Pedic®, Sealy®, Stearns & Foster®, and Sleepy's, in addition to our private label and OEM products, all diversifying sales streams across our global platform that allows us to meet consumers wherever they shop.

"We are committed to providing breakthrough sleep solutions that meet the diverse sleep needs of consumers all over the world, while delivering long-term growth for our shareholders. We look forward to continuing to improve people's lives through better sleep for the next 100 years and beyond," continued Thompson.

For more information about Somnigroup and its portfolio of award-winning brands and products, visit: www.Somnigroup.com.



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