Duluth Holdings Inc. Director Award of Class B Common Stock

On August 3, 2025, Janet H. Kennedy, a director of Duluth Holdings Inc., was awarded 7,143 shares of Class B Common Stock under the company's 2024 Equity Incentive Plan. This award was granted in lieu of a quarterly cash retainer for her service as a director. Following this transaction, Kennedy owns a total of 100,564 shares of Class B Common Stock. The transaction was reported in a Form 4 filing with the SEC.