Perry J. Blatt - Director | VILLAGE SUPER MARKET (VLGEA) Executive Profile & Compensation

About Perry J. Blatt

Perry J. Blatt (age 49) serves on Village Super Market’s Board and is the Company’s Director of E‑Commerce and Business Development; he joined Village in 2002 and has held supervisory roles across operations, merchandising, marketing, and corporate communications . He oversees corporate giving, corporate communications, and community outreach, and serves as President of the Sumas Family Foundation . He is not an independent director (he is a Company employee) and is a family member of the controlling Sumas group (nephew of director/executive John P. Sumas) .

Past Roles

Organization	Role	Tenure	Committees/Impact
Village Super Market, Inc.	Director of E‑Commerce & Business Development; Director	Employed since 2002; current board nominee	Oversees corporate giving, corporate communications, and community outreach programs

External Roles

Organization	Role	Tenure	Notes
Wakefern Food Corp. (co‑op committees)	Chair, Frozen Food Committee; Member, Dairy Committee; Member, Government Relations Committee; Member, Environmental Committee; prior: Sales & Merchandising and Price Rite Operating Committees	Not disclosed	Leadership and multi‑committee engagement at Wakefern, Village’s co‑op affiliate
Community Food Bank of New Jersey	Board Member and Trustee	Since 2020	Community/non‑profit governance role
New Jersey Food Council	Board Member	Elected 2024	Industry association role
Sumas Family Foundation	President	Not disclosed	Family foundation leadership

Board Governance

Independence and controlled company status: Village is a “controlled company” under NASDAQ rules due to the Sumas Family Group’s voting control; the Board determined each non‑management director is independent, but Mr. Blatt is a management (employee) director and thus not independent .
Family relationship: John P. Sumas is the uncle of Mr. Blatt (familial tie within controlling group) .
Committee assignments: Mr. Blatt is not listed as a member of the Audit Committee (Begley, Crystal, Rooney) or the Compensation Committee (John J. Sumas, John P. Sumas, Robert Sumas, Crystal, Rooney) .
Nominating/Governance: The full Board (not a standalone independent Nominating/Governance Committee) handles nominations; the Company does not maintain a nominating committee comprised solely of independents (per “controlled company” exemptions) .
Attendance and engagement: The Board held seven meetings in fiscal 2025, and all directors attended at least 75% of Board and relevant committee meetings; all nine directors attended the 2024 annual meeting .
Risk oversight: Audit Committee chartered; Rooney designated “audit committee financial expert” .

Fixed Compensation (Director)

Item	Amount/Status	Notes
Non‑employee director annual retainer	$50,000	Current structure for non‑employee directors .
Audit Committee Chair fee	$2,500	Paid to Audit Chair in addition to retainer .
Meeting fees	$0	No meeting fees paid .
Perry J. Blatt board retainer	Not applicable	Employee directors receive no board compensation .

Performance Compensation (Director)

Component	Structure / Metrics	Grant / Vesting
Equity for non‑employee directors	Time‑based restricted shares (no performance metrics)	12,000 Class A restricted shares granted 3/17/2023; vest one‑third annually on each anniversary; 4,000 shares outstanding at FY25 year‑end for each non‑employee director .
Perry J. Blatt equity as a director	Not applicable	Employee directors are not included in the non‑employee director equity program .

Other Directorships & Interlocks

Public company boards: The VLGEA 2025 and 2024 proxy biographies for Mr. Blatt list no other public company directorships .
Interlocks/affiliations: Mr. Blatt holds multiple committee roles at Wakefern (industry co‑op) . The Company is a controlled company with significant Sumas family involvement; Mr. Blatt is John P. Sumas’s nephew .

Expertise & Qualifications

E‑commerce, retail operations, merchandising, marketing, and corporate communications experience; leadership across Wakefern committees (Frozen Food chair; Dairy; Government Relations; Environmental) .
Community leadership via Community Food Bank of NJ (Trustee since 2020) and NJ Food Council (board since 2024) .

Equity Ownership

Holder	Class A Shares Owned	% of Class A	Class B Shares Owned	% of Class B
Perry J. Blatt	52,610	<1%	—	—

Notes: “—” indicates none reported; “<1%” as disclosed in the proxy ownership table .

Governance Assessment

Strengths:
- Relevant domain expertise (e‑commerce/business development) with multi‑committee leadership at Wakefern, which may inform category and supply decisions .
- Board attendance threshold met; full Board attendance at 2024 annual meeting .
- Audit Committee is fully independent and chartered; financial expert designated .
Risks and RED FLAGS:
- Not independent (employee director) within a controlled company framework; concentrated family control and familial ties (nephew of John P. Sumas) can reduce perceived board independence and increase potential for conflicts of interest .
- No standalone independent Nominating/Governance Committee; Compensation Committee includes three executives (CEO, EVP, Senior Advisor), and the committee does not utilize a charter—both factors can diminish compensation governance rigor .
- Related‑party environment: material related‑party real estate arrangement involving Sumas family entities; obligations to Wakefern personally guaranteed by Sumas family members (though no Perry‑specific transactions disclosed) .
Additional context signals:
- Say‑on‑pay support historically high (94% approval in 2023), suggesting limited investor concern on pay program design at that time, though board independence remains structurally constrained by controlled status .

Insider Trading and Section 16 Compliance

Item	Status
Section 16(a) compliance (FY2025)	Company believes all executive officers and directors complied in FY2025, except one late Form 4 for Robert Sumas; no exception named for Mr. Blatt .