Leggett & Platt Enters into Non-Disclosure Agreement with Somnigroup.

Leggett & Platt's Board of Directors has entered into a non-disclosure agreement with Somnigroup to facilitate due diligence and potentially reach a transaction. The Board previously declined Somnigroup's $12 per share all-stock proposal, deeming it undervalued. The Board is committed to the best interests of the Company and its shareholders, and will continue to evaluate and pursue all opportunities.