David Bellinger

Jonathan Matuszewski

Justin Kleber

Ryan Merkel

Simeon Gutman

Steven Forbes

Shaun Calnan

Kate McShane

Katharine McShane

Lauren Ng

- Leslie's, Inc. executed a **1-for-20 reverse stock split** effective **September 26, 2025**, by filing a certificate of amendment to its Seventh Amended and Restated Certificate of Incorporation.  **[1821806_0001193125-25-221843_lesl-20250926.htm:1]** 
- As a result of the reverse stock split, the total number of issued and outstanding common shares was reduced to approximately **9,289,790**.  **[1821806_0001193125-25-221843_lesl-20250926.htm:1]** 
- The company's common stock is expected to begin trading on a split-adjusted basis on the Nasdaq Capital Market as of the open of trading on **September 29, 2025**, under the existing ticker symbol "LESL".  **[1821806_0001193125-25-221843_lesl-20250926.htm:1]** 
- The number of authorized shares of common stock was correspondingly reduced to **50,000,000**.  **[1821806_0001193125-25-221843_lesl-ex3_1.htm:0]** **[1821806_0001193125-25-221843_lesl-20250926.htm:1]**

Leslie's, Inc. Announces 1-for-20 Reverse Stock Split

- **Leslie's, Inc.** announced the appointment of **Jeff White** as its new **Chief Financial Officer and Treasurer**, effective **October 5, 2025**.  **[1821806_0001193125-25-205008_lesl-20250912.htm:1]** 
- Mr. White's compensation package includes an annual base salary of **$575,000**, a target bonus of **85% of his salary** (equaling **$488,750** annually), and a one-time sign-on bonus of **$295,000**.  **[1821806_0001193125-25-205008_lesl-20250912.htm:1]** **[1821806_0001193125-25-205008_lesl-ex10_1.htm:1]**  He also received an initial equity grant of **435,000 restricted stock units**.  **[1821806_0001193125-25-205008_lesl-20250912.htm:1]** 
- **Tony Iskander** will transition to an **advisor role** with the Company from **October 5, 2025, through January 3, 2026**, receiving **$50,000 per fiscal month** for a total of **$150,000**.  **[1821806_0001193125-25-205008_lesl-ex10_2.htm:0]** **[1821806_0001193125-25-205008_lesl-20250912.htm:2]**

Leslie's, Inc. Appoints Jeff White as CFO and Treasurer, Tony Iskander Transitions to Advisor Role

- Leslie's, Inc. shareholders approved a reverse stock split on **September 10, 2025**, with the Board of Directors subsequently approving a final ratio of **1-for-20** on **September 15, 2025**.  **[1821806_0001193125-25-203573_lesl-20250910.htm:1]** 
- The reverse stock split will become effective after the close of trading on **September 25, 2025**, with split-adjusted trading expected to commence on the Nasdaq Global Select Market at the open of trading on **September 26, 2025**.  **[1821806_0001193125-25-203573_lesl-20250910.htm:1]** **[1821806_0001193125-25-203573_lesl-20250910.htm:2]** 
- As a result of the 1-for-20 reverse stock split, the total number of issued and outstanding shares of common stock will be reduced to **9,289,790**, and the number of authorized shares will be reduced to **50,000,000**.  **[1821806_0001193125-25-203573_lesl-20250910.htm:1]** 
- The company's common stock will continue to trade under the ticker symbol **LESL** but will have a new CUSIP number, **527064 208**.  **[1821806_0001193125-25-203573_lesl-20250910.htm:2]**

Leslie's, Inc. Shareholders Approve and Board Finalizes Reverse Stock Split

Leslie's (LESL)