• Natural Grocers’ board unanimously backed reincorporation from Delaware to Texas at its September 9, 2026, meeting.
• Shareholders holding 13,215,255 shares, representing approximately 57.3% of voting power, adopted the conversion plan by written consent that day.
• The Texas charter sets a 3% ownership threshold for shareholder derivative proceedings.
• Each outstanding common share will convert into one Texas corporation common share; headquarters will remain in Lakewood, Colorado.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Natural Grocers by Vitamin Cottage Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-033025), on October 20, 2026, and is solely responsible for the information contained therein.