Although certain of the Company’s products could be viewed as essential by consumers for use with mobile phones and other portable electronic devices, many other models represent a more discretionary spend.

filing / Aug 28, 2026 / receipt

During fiscal year 2026, tariffs and tariff uncertainty increased duty costs for goods sourced from China and contributed to inflationary pressure, reduced consumer confidence, cuts to discretionary spending, switching to lower-priced brands, and delayed purchases, which had an impact on the Company’s sales volumes.

filing / Aug 28, 2026 / receipt

Ms. Lillie brings to the board a broad experience in supply chain management, Asian contract manufacturing, domestic manufacturing, cost control, inventory management, pricing strategies, product development, product life cycles, shipping, and quality.

filing / Aug 28, 2026 / receipt

Lillie brings to the board a broad experience in supply chain management, Asian contract manufacturing, domestic manufacturing, cost control, inventory management, pricing strategies, product development, product life cycles, shipping, and quality.

filing / Aug 28, 2026 / receipt

Thomas L. Doerr , 82, has been a director of the Company since 1987 and was elected Lead Director in 2015.

filing / Aug 28, 2026 / receipt

Thomas L. Doerr , 82, has been a director of the Company since 1987

filing / Aug 28, 2026 / receipt

Michael J. Koss , 72, has held various positions at the Company since 1976 and has been a director of the Company since 1985.

filing / Aug 28, 2026 / receipt

William J. Sweasy , 73, has been a director of the Company since 2015.

filing / Aug 28, 2026 / receipt

Lenore E. Lillie , 67, has been a director of the Company since 2022.

filing / Aug 28, 2026 / receipt

The Company expects that the “Koss Family” (Michael J. Koss, John Koss, Jr., and Michael J. Koss, Jr. and their affiliates), along with the members of the Board of Directors

filing / Aug 28, 2026 / receipt

Michael J. Koss (1) 72 President, Chief Executive Officer

filing / Aug 28, 2026 / receipt

Kim M. Schulte 60 Chief Financial Officer

filing / Aug 28, 2026 / receipt