ABNEY S. BOXLEY III - Corporate Board Profile

INSTEEL INDUSTRIES INC

Filing Date	Source Excerpt
2020-01-03	Mr. Boxley has been an employee of Boxley Materials Company since 1980, and has been president and CEO of that company since 1988. Following the acquisition of Boxley Materials Company by Summit Materials, Inc., Mr. Boxley was appointed President, Eastern Region, of the latter company in December 2018. In addition to our Board, Mr. Boxley serves on the boards of two other public companies: Pinnacle Financial Partners, Inc. and RGC Resources, Inc., as well as on a number of non-profit boards. Our board determined that Mr. Boxley should continue to serve as a director because of his in-depth knowledge of the construction aggregates business, a business that is related to ours, and because he brings to our board his experience as a CEO of a substantial business enterprise and his experience as a director of two other public companies. Committee Memberships: Executive Compensation Committee, Nominating and Governance Committee. Director Compensation: $115,258.
2021-01-04	The following table shows the compensation we provided to our non-employee directors during fiscal 2020. Name: Abney S. Boxley III Fees Earned or Paid in Cash: 55,000 Stock Awards: 59,996 All Other Compensation: 328 Total: 115,324
2022-01-04	Abney S. Boxley III Age 63 Director since: 2018 INDEPENDENT Committee Memberships: • Executive Compensation Committee • Nominating and Governance Committee ... Our independent directors receive an annual cash retainer and an annual grant of RSUs. During fiscal 2021, we paid annual cash retainers to non-employee directors in the amount of $55,000 and we provided annual grants of RSUs valued at $60,000. The following table shows the compensation we provided to our non-employee directors during fiscal 2021. Abney S. Boxley III 55,000 60,008 4,339 119,347
2023-01-03	Mr. Boxley was an employee of Boxley Materials Company beginning in 1980, and president and CEO of that company from 1988 until its acquisition by Summit Materials Inc. in 2016. Mr. Boxley then served as Summit Materials’ Regional Vice President and later as its Executive Vice President until his retirement on December 31, 2021. He currently serves as a Consultant to Summit Materials and as President of Boxley Family, LLC and Chairman of Boxley Ready Mix, LLC, both private companies. In addition to our Board, Mr. Boxley serves on the boards of two other public companies: Pinnacle Financial Partners, Inc. and RGC Resources, Inc., as well as on a number of non-profit boards. Our Board determined that Mr. Boxley should continue to serve as a director because of his in-depth knowledge of the construction aggregates business, a business that is related to ours, and because he brings to our Board his experience as a CEO of a substantial business enterprise and his experience as a director of two other public companies. Committee Memberships: Executive Compensation Committee, Nominating and Governance Committee. Director Compensation: $119,286.
2024-01-03	Mr. Boxley served as President and CEO of Boxley Materials Company. He is a member of the Executive Compensation Committee and Nominating and Governance Committee. During fiscal 2023, we paid annual cash retainers to non-employee directors in the amount of $55,000 and we provided annual grants of RSUs valued at $75,000. Mr. Boxley's total compensation was $133,393.
2025-01-02	Abney S. Boxley III Age 66 Director since: April 1, 2018 INDEPENDENT Committee Memberships: • Executive Compensation Committee • Nominating and Governance Committee (Chair) The following table shows the compensation we provided to our non-employee directors during fiscal 2024. Abney S. Boxley III Fees Earned or Paid in Cash: 65,000 Stock Awards: 74,991 All Other Compensation: 6,464 Total: 146,455

INSTEEL INDUSTRIES INC

RGC RESOURCES INC