MasterBrand, Inc.

MasterBrand, Inc. ( we, us, our, MasterBrand or the Company ), was founded over 70 years ago in 1954 under the name United Cabinet Incorp orated. We are the largest manufacturer of residential cabinets in North America, based on 2024 reported net sales. O ur products are sold throughout the United States and Canada to the remodeling and new construction markets through three primary channels: dealers, retailers and builders. On December 14, 2022, our former parent company, Fortune Brands Innovations, Inc. (formerly known as Fortune Brands Home & Security, Inc.) ( Fortune Brands ), completed a tax free spin-off transaction to separate its Cabinets segment into a standalone publicly-traded company (the Separation ). The Separation was completed through a series of transactions ending with a pro rata distribution of all of the shares of MasterBrand, Inc. common stock owned by Fortune Brands to Fortune Brands shareholders, after which we became an independent, publicly-traded company. On July 10, 2024, we acquired all of the issued and outstanding limited liability interests of Dura Investment Holdings LLC, the parent company of Supreme Cabinetry Brands, Inc. ( Supreme ), a cabinetry company. Supreme was a domestic manufacturer of residential cabinetry with a portfolio of product lines significantly focused on premium products. Supreme, with manufacturing facilities located in Minnesota, Iowa and North Carolina, and its two brands, Dura Supreme and Bertch cabinetry, crafts framed and frameless cabinetry for a nationwide network of dealers.