Traeger, Inc. Announces 1-for-50 Reverse Stock Split

On March 17, 2026, Traeger, Inc. filed a Certificate of Amendment to its Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect a 1-for-50 reverse stock split of the Company’s common stock. This change, effective March 17, 2026, at 5:00 p.m. Eastern Time, means that every 50 shares of issued and outstanding common stock were converted into one share. The company’s common stock began trading on a split-adjusted basis on The New York Stock Exchange on March 18, 2026, under the existing trading symbol “COOK”. No fractional shares will be issued; instead, holders entitled to fractional shares will receive a cash payment equivalent to the value of the fractional share based on the closing price on the effective date. This reverse stock split was approved by the Company’s stockholders at the Annual Meeting on March 2, 2026, and subsequently approved by the Board of Directors on March 12, 2026, at a ratio of 1-for-50. The total number of authorized shares remains unchanged.