INTERFACE Business Summary

Interface Inc. (TILE) is a global leader in the design and manufacturing of modular flooring, generating revenue through the direct sale of carpet tiles, luxury vinyl tile (LVT), and nora® brand rubber flooring. The company operates through two primary reportable segments: the Americas (AMS), which accounts for approximately 61% of net sales, and Europe, Africa, Asia, and Australia (EAAA). Under its "One Interface" strategy, the firm has unified its global operations and supply chain to drive margin expansion and target high-growth sectors such as healthcare and education, which recently saw double-digit billings growth. Interface maintains a dominant market position as the world’s largest manufacturer of modular carpet and a pioneer in sustainable manufacturing, aiming to become a carbon-negative enterprise by 2040 without the use of offsets. Its primary direct competitors include Mohawk Industries, Shaw Industries (a subsidiary of Berkshire Hathaway), Tarkett S.A., and Forbo Holding AG, against whom Interface differentiates itself through its specialized focus on modularity and industry-leading ESG credentials. The company is led by President and CEO Laurel Hurd, who joined in April 2022 following a 30-year career at Newell Brands, where she managed a $3 billion portfolio including Sharpie and Graco. The executive team includes Vice President and CFO Bruce Hausmann, who has overseen the company’s financial strategy since 2017, and Vice President and Chief Supply Chain Officer Bill Blackorby, a former General Electric executive appointed in 2023 to optimize global logistics. In March 2025, the leadership was further strengthened by the appointment of Anne Marie Lisko as VP of Global Product Category Management to accelerate the innovation pipeline for the nora® and LVT portfolios. The Board of Directors is chaired by Christopher G. Kennedy and includes former CEO Daniel T. Hendrix, ensuring continuity of the company's design-led heritage. Interface is approximately 98% owned by institutional investors, reflecting strong market confidence in its regenerative business model and operational efficiency initiatives.