Equity Award to Director James R. Buch of Malibu Boats, Inc.

On October 24, 2025, James R. Buch, a director of Malibu Boats, Inc., was awarded 3,186 stock units as part of the company's Director's Compensation Policy. These stock units are fully vested and payable in an equivalent number of shares of the company's Class A Common Stock upon the occurrence of a Payment Event, which includes the director's separation from service, a change in control, or an in-service distribution date elected by the director. The reporting person may choose to receive the payment in a lump-sum or in annual installments over 5 or 10 years. Following this transaction, Buch owns 36,643 shares of Class A Common Stock. The filing also includes details about other stock units that are fully vested and payable under similar conditions.