What changed in this filing

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Item 1. Business

2026-02-25 compared with 2025-02-26 · 164 added, 124 removed, 124 unchanged (70% of the section changed)

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and its subsidiaries or any of them, unless the context requires otherwise.

Interface is a global flooring solutions company and sustainability leader, offering an integrated portfolio of carpet tile and resilient flooring products that includes Interface® carpet tile and luxury vinyl tile (“LVT”), nora® rubber flooring, and FLOR® premium area rugs for commercial and residential spaces.

We help our customers create high-performance interior spaces that support well-being, productivity, and creativity, as well as sustainability of the planet.

As a global company with a reputation for high quality, reliability and premium positioning, we market modular carpet under the established brand names Interface® and FLOR® , we market LVT under the brand Interface®, and we market rubber flooring under the brands noraplan ® and norament ®.

Interface, Inc.

was incorporated in Georgia in 1973 and is a global flooring solutions company offering an integrated portfolio of flooring products to customers, including carpet tile, luxury vinyl tile (“LVT”), nora® rubber flooring, and FLOR® premium area rugs.

We are a global sustainability leader and offer an extensive range of low carbon and cradle-to-gate carbon negative products that prioritize our sustainability goals.

Over the past decade, we have evolved from a company focused primarily on modular carpet into an integrated flooring solutions provider.

In late 2016, we began offering LVT products in select markets, expanding globally in 2017 to capitalize on the high-growth resilient flooring market.

In 2018, we acquired nora systems GmbH, adding rubber flooring to our portfolio and strengthening our position in healthcare, education, and transportation market segments.

In 2020, we launched our CQuest™ carbon negative carpet tile backings, and in 2021 we set carbon reduction targets validated by the Science Based Targets Initiative.

We have also implemented our One Interface strategy, a multi-year organizational initiative that positions us to operate as one global team across our integrated product portfolio.

These developments have helped us to diversify beyond our traditional corporate office market segment, building a more resilient revenue base across education, healthcare, government, hospitality, and other commercial end-markets.

As a global company with a reputation for high quality, reliability and premium positioning, we market our integrated portfolio for carpet tile under the established brand names Interface® and FLOR® , we market LVT under the brand Interface®, and we market rubber flooring under the brands noraplan ® and norament ®.

Reportable Segments

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EAAA 39% 39% 42%

Market Segmentation

Market Factors

Our business, as well as the commercial interiors industry in general, is cyclical in nature and is impacted by economic conditions and trends that affect the markets for commercial and institutional business spaces.

We believe the appeal and utilization of our products will continue to grow, and we are using our considerable skills and experience with designing, producing and marketing our products to make us a market leader.

We primarily focus our sales efforts on the corporate office, education, healthcare, government, hospitality, and residential living market segments.

Disruptions in economic markets due to inflation, high interest rates, geo-political tensions, including the Russia-Ukraine war and the Middle East conflict, a still challenging supply chain environment, slow economic conditions in several markets that we serve, and significant financial pressures in the commercial office market globally, all pose challenges for us and impact the markets we operate in.

We primarily focus our sales efforts on the corporate office, education, healthcare, public buildings, retail, transportation, and residential living market segments.

Disruptions in global economic markets due to the impact of government-imposed tariffs and retaliatory tariffs, supply chain challenges and disruptions, significant pressures in the commercial office market globally, inflation, slow market conditions in certain parts of the globe, and geopolitical factors including wars and other conflicts, all pose challenges for us and impact the markets we operate in.

Products and Services

Modular Carpet

Our AMS and EAAA reportable segments sell the same products within their respective geographical regions.

We produce carpet tiles in a wide variety of colors, patterns, textures, pile heights and densities.

These varieties are designed to meet both the practical and aesthetic needs of a broad spectrum of commercial interiors — particularly offices, educational facilities, healthcare facilities, government-related facilities (including but not limited to airports), hospitality spaces, retail facilities, and residential interiors.

Our carpet tile systems permit distinctive styling and patterning that can be used to complement interior designs, to set off areas for particular purposes and create visual cues.

While we continue to manufacture and sell a substantial portion of our carpet tile in standard styles, most of our modular carpet sales in the Americas and Asia-Pacific regions are made-to-order products designed to meet customer specifications.

Modular Carpet

Our modular carpet systems are marketed under the established brands Interface and FLOR .

We manufacture carpet tiles cut in precise, dimensionally stable squares (usually 50 cm x 50 cm) or rectangles (such as planks and Skinny Planks™ ).

Our GlasBac® technology employs a fiberglass-reinforced polymeric composite backing that provides dimensional stability and reduces the need for adhesives or fasteners.

We also make carpet tiles with a backing containing post-industrial and/or post-consumer recycled materials.

In addition, we make carpet tile with yarn containing varying degrees of recycled post-consumer nylon, depending on the style and color.

We manufacture carpet tile in precise, dimensionally stable squares - usually 50 cm x 50 cm tiles as well as planks in varying sizes.

Carpet tile is produced in a variety of colors, patterns, textures, pile heights, and densities.

These options are designed to meet the practical and aesthetic needs of a broad spectrum of commercial interiors — particularly offices, educational facilities, healthcare facilities, government-related facilities (including but not limited to airports), retail spaces, hospitality spaces, and residential interiors.

We make carpet tile with yarn containing varying degrees of recycled post-consumer nylon, depending on the style and color.

We also make carpet tile backing containing post-industrial and/or post-consumer recycled materials.

We design our carpet tile backing options for dimensional stability.

Our two primary backing platforms are:

• GlasBac® - this backing includes a fiberglass-reinforced polymeric composite that reduces the need for adhesives or fasteners.

• CQuest™ backings include bio-based materials and recycled content.

When measured on a stand-alone basis, the backings are net carbon negative (see discussion below for additional information).

Key Modular Carpet Products

In 2021, we introduced our Open Air™ collection of more affordable carpet tiles — an expansive platform of hard-working carpet tile styles designed with open spaces in mind.

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The CQuest backings are:

• CQuest™GB – Which features superior performance with a construction of post-consumer recycled content from carpet tiles, bio-based additives, and pre-consumer recycled materials.

• CQuest™Bio – A non-vinyl bio-composite backing made with bio-based and recycled fillers.

• CQuest™BioX – The same material make-up as CQuestBio with a higher concentration of carbon negative materials.

Our i2™ modular product line, which includes our popular Entropy® product, features mergeable dye lots, and includes a number of carpet tile products that are designed to be installed randomly without reference to the orientation of neighboring tiles.

The i2 line offers cost-efficient installation and maintenance, interactive flexibility, and recycled and recyclable materials.

Our TacTiles® carpet tile installation system uses small squares of adhesive plastic film to connect intersecting carpet tiles, thus eliminating the need for traditional carpet adhesive and resulting in a reduction in installation time and material waste.

We also sell our FLOR line of products to specifically target modular carpet sales to the residential market segment, and in recent years FLOR products have had crossover success in commercial markets.

In addition, we have created modular carpet products designed for each of the education, healthcare, hospitality and retail market segments.

The award-winning design firm David Oakey Designs has had a pivotal role in developing many of our innovative product designs.

David Oakey Designs has developed products that are manufactured using state-of-the-art tufting technology, which allows us to pinpoint tufts of different colored yarns in virtually any arrangement within a carpet tile.

These unique designs are best exemplified by our Urban Retreat® , Net Effect®, Human Nature® and World Woven® collections, which are sold throughout our international operations.

In 2020, we achieved a substantial milestone in our journey toward becoming a sustainable enterprise.

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Embodied carbon is distinct from operational carbon, which refers to the carbon footprint of everything that happens after the product leaves our factory, such as shipment, customer use, and end of life.

Modular Resilient Flooring

In 2016, we began offering a category of products we call modular resilient flooring, and our first product introductions into this category were LVT products in the United States.

LVT shares many of the same attributes and benefits as carpet tile, but has a resilient or hard surface instead of a soft surface of yarn.

In 2017, we launched our LVT products globally, beginning with the Level Set ™ collection which is available in styles with printed top layers in a variety of aesthetic looks, including natural woodgrains and stones, textured woodgrains, and patterns.

Our LVT products are modular and come in sizes that match certain of our modular carpet tile squares and planks.

Some of our LVT products are engineered to the same or similar height as our modular carpet, which means our customers have the ability to install our LVT and modular carpet products side by side without transition strips or layering.

In addition, some of our LVT products include a backing system that provides acoustic insulation without the need for additional underlayment, which can reduce the impact of sound in the space where the flooring is used.

Rubber Flooring

With the acquisition of nora in 2018, we began offering rubber flooring products under the established noraplan and norament brands, which enhances the Company’s resilient flooring portfolio.

Rubber flooring is ideal for applications that require hygienic, safe flooring with strong chemical resistance.

Rubber flooring is extremely durable compared to other flooring alternatives.

The i2 line offers cost-efficient installation and maintenance, interactive flexibility, and recycled and recyclable materials.

We launched our FLOR business in 2003 to target the residential market segment.

In recent years, FLOR products have had crossover success in commercial markets.

Our FLOR brand delivers premium area rugs made of modular carpet tile for residential and commercial spaces.

We also offer customers the option to return their used FLOR carpet tiles to be recycled through our ReEntry program (see manufacturing and raw materials section below for additional information on our ReEntry program).

In 2024 we launched a successful, award-winning FLOR collection in collaboration with fashion designer Trina Turk and expanded the collaboration with new styles in 2025.

Interface began offering LVT products in late 2016 in select markets and expanded globally in 2017 to capitalize on the high-growth resilient market.

Our LVT products share many of the same attributes and benefits as modular carpet tile but have a resilient or hard surface instead of a soft surface of yarn.

Our LVT products offer printed top layers in a variety of aesthetic options, including natural woodgrains and stones, textured woodgrains, and textile patterns.

In 2025 we launched various LVT collections including Lasting Impressions, In the Mix, and Raw Materials, which offer new designs that balance the need for design aesthetics and durability.

Our LVT products are engineered to the same or similar height as our modular carpet, which means customers can install our LVT, modular carpet, and rubber products side by side without transition strips or layering.

Our Sound Choice™ LVT backing system provides acoustic insulation without the need for additional underlayment, helping to reduce the impact of sound once installed.

nora® Rubber Flooring

We acquired nora systems, GmbH in 2018, to expand our resilient flooring offerings and drive growth in non-corporate office market segments.

nora® represents a core part of our resilient flooring portfolio.

Our nora rubber solutions are engineered to support operational efficiency, safety, health, and long-term performance in demanding environments.

Designed without PVC or phthalate plasticizers, nora products offer durable, quiet, ergonomic, and low-maintenance flooring.

With the established noraplan and norament brands we provide high-performing rubber flooring options to key market segments including healthcare, education, and transportation.

In January 2025, the Company unveiled the first of a kind carbon negative nora rubber flooring prototype, which has a carbon negative footprint when measured cradle to gate.

Also, in 2025, we updated our norament brand in AMS adding new colorways and surface textures for enhanced slip resistance.

Other Products and Services

We sell our TacTiles carpet tile installation system, along with a variety of traditional adhesives and products for carpet installation and maintenance that are manufactured by a third party.

We also continue to provide “turnkey” project management services for a number of global accounts and other large customers through our InterfaceSERVICES™ business.

We also continue to provide “turnkey” flooring project management services for a number of global accounts and other large customers.

Manufacturing and Raw Materials

We manufacture carpet tile at two locations in the United States and at facilities in the Netherlands, the United Kingdom, China and Australia.

Our LVT products are manufactured by a third party in South Korea.

We manufacture rubber flooring in Germany.

Our raw materials are generally available from multiple sources — both regionally and globally — with the exception of synthetic fiber (nylon yarn).

For yarn, we principally rely upon two major global suppliers, but we also have significant relationships with at least two other suppliers.

For yarn, we principally rely upon two major global suppliers, but we also have a significant relationship with one other supplier.

Although our number of principal yarn suppliers is limited, we do have the capability to manufacture carpet using yarn produced from two separate polymer feedstocks — nylon 6 and nylon 6,6 — which provides additional flexibility with respect to yarn supply inputs, if needed.

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For rubber flooring, the key polymer raw materials are available from multiple sources, and we can source both synthetic and natural rubber depending on product specification and material availability.

We also have technology that separates the face fiber and backing of reclaimed and waste carpet, thus making it easier to recycle some of its components and providing a purer supply of inputs for our CQuestGB carpet backing.

This technology, which is part of our ReEntry®2.0 carpet reclamation program, allows us to send some of the reclaimed face fiber back to our fiber supplier to be blended with virgin or other post-industrial materials and extruded into new fiber.

The environmental management systems of our floorcovering manufacturing facilities in LaGrange, Georgia, West Point, Georgia, Northern Ireland, the Netherlands, China and Australia are certified under International Standards Organization (ISO) Standard No.

The environmental management systems of our manufacturing facilities in LaGrange, Georgia, West Point, Georgia, Northern Ireland, the Netherlands, China and Australia are certified under International Standards Organization (ISO) Standard No.

Nora’s manufacturing facility, which is located in Weinheim, Germany, is ISO14001 certified as well and sells the majority of its products with the Blauer Engel label.

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and (2) indirect sales through independent contractors, installers and distributors.

We use an exclusive third-party distributor to sell our products in the Latin American region.

We have traditionally focused our carpet marketing strategy on major accounts, seeking to build lasting relationships with national and multinational end-users, and on architects, interior designers, engineers, contracting firms, and other specifiers who often make or significantly influence purchasing decisions.

While the corporate office market segment, including new construction and renovation, is our largest, we also emphasize sales in other market segments, including schools and educational facilities, government institutions, retail space, healthcare facilities, tenant improvement space, hospitality centers, residences and home office space.

We focus our marketing strategy on major accounts, seeking to build lasting relationships with national and multinational end-users, and on architects, interior designers, engineers, contracting firms, and other specifiers who often make or significantly influence purchasing decisions .

While the corporate office market segment, including new construction and renovation, is our largest, we also focus our sales efforts on other market segments, including healthcare, education, retail, government, hospitality, and residential living.

Our marketing efforts are enhanced by the established and well-known brand names of our carpet products, including Interface and FLOR, as well as the strength of the nora rubber flooring brands of noraplan and norament.

An important part of our marketing and sales efforts involves the preparation of custom-made samples of requested carpet designs, in conjunction with the development of innovative product designs and styles to meet the customer’s particular needs.

In most cases, we can produce samples to customer specifications in less than five days, which significantly enhances our marketing and sales efforts.

An integral part of our marketing and sales efforts is our Interface Design Studio.

This team of design experts creates custom-made samples of requested carpet designs to meet customer needs.

In most cases, we can produce samples to customer specifications in less than five days.

In addition, through our websites, we have made it easy to view and request samples of our products.

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We primarily use our internal marketing and sales force teams to market our flooring products.

In order to implement our global marketing efforts, we have product showrooms or design studios in the United States, England, France, Germany, Spain, the Netherlands, India, Australia, United Arab Emirates, Singapore, Hong Kong, China and elsewhere.

In order to implement our global marketing strategy, we have product showrooms or design studios in the United States, England, France, Germany, Spain, the Netherlands, India, Australia, United Arab Emirates, Singapore, Hong Kong, China as well as in other key locations.

We may open offices in other locations around the world as necessary to capitalize on opportunities.

Business Strategy and Principal Initiatives

Our business strategy is to continue to use our leading position in modular carpet, product design and global made-to-order capabilities as a platform from which to position our modular carpet, LVT products, rubber flooring, and other resilient products across several industry segments.

Recently, we also launched our One Interface strategy which is a multi-year effort focused on:

• Building strong global functions like Marketing, IT, Human Resources, and Finance to support our world-class local selling teams.

• Accelerating growth through enhanced productivity of our commercial team.

Business Strategy

Interface delivers flooring solutions to its customers that align with the Company’s and our customers’ sustainability goals.

Our business strategy is to leverage our leading position in modular carpet, product design, and global made-to-order capabilities to strengthen the performance of our integrated product portfolio across multiple market segments.

An important element of our overall business is our One Interface strategy.

Launched as part of our broader evolution into an integrated flooring solutions company, this multi-year effort positions us for success by focusing on:

• Building strong global functions to support our selling teams

• Accelerating growth through enhanced commercial productivity

• Expanding margins through global supply chain management and simplifying operations

• Leading in design, innovation, and sustainability.

Through these strategies, we will seek to increase revenues and profitability by pursuing the following key initiatives:

Continue to Penetrate Diversified Market Segments.

We plan to continue our strategic focus on product design and marketing and sales efforts in the corporate office, government, education, healthcare, hospitality, and residential living market segments.

This initiative is part of a market diversification strategy to reduce our exposure to the economic cyclicality of the corporate office market segment, and it has become a principal strategy generally for growing our business and enhancing profitability.

Develop a Substantial Resilient Flooring Business .

Building upon the success of our products in the LVT market, we plan to expand our LVT product offerings while also seeking to introduce new products in the resilient flooring category.

We believe our ability to offer and sell our soft and hard surfaces in an integrated flooring design helps meet the needs of our customers by complementing and enhancing our carpet tile portfolio with true modular installation, no transition strips between surfaces, carpet tile and resilient products that are in some cases the same size and shape, and favorable acoustic properties.

Our nora products are a key component of our strategy in this area.

Sustain Leadership in Product Design, Product Development, and Sustainability.

Our CQuest backings, Embodied Beauty collection, and our plank, Skinny Plank , and i2 products and TacTiles installation system have confirmed our position as an innovation leader in modular flooring.

We plan to continue to pursue initiatives to sustain, augment and capitalize upon that strength to continue to increase our market share in targeted market segments.

We also plan to continue to focus on carbon reductions in our products and operations as we work toward achieving our science-based targets by 2030 and as we work toward our goal of becoming a carbon negative enterprise by 2040.

As we have executed on our strategy, sales in the education market segment have increased, in recent years, particularly in the second and third quarters as schools often schedule renovation projects during the summer months when schools are typically closed.

We compete, on a global basis, in the sale of our modular carpet products with other carpet manufacturers and manufacturers of vinyl and other types of floorcoverings.

Although the industry has experienced significant consolidation, a large number of manufacturers remain in the industry.

• Reinforcing our leadership in design, innovation, and sustainability.

By working as one team with one shared vision, we can scale innovation, accelerate decision making, and bring even more value to customers in every region we serve.

Key Initiatives

We are expanding and diversifying across key market segments to strengthen our business.

While corporate office remains important, we are working to increase our presence in education, healthcare, government, hospitality, and residential living.

This diversification is intended to reduce our exposure to cyclicality in any single segment and supports a more stable, resilient revenue base.

Our market segmentation approach reflects this priority, with a focus on gaining share in emerging segments and strengthening our position across multiple geographies.

Our integrated portfolio and strong growth in resilient flooring provides our customers with more choice, flexibility, and design impact across the entire flooring landscape.

We continue to expand our LVT offerings and grow our nora rubber flooring portfolio, ensuring smooth transitions between soft and hard surfaces with consistent modularity, acoustic benefits, and design coherence.

Innovation remains central to reinforcing our leadership in design and sustainability and to making sure our integrated portfolio meets evolving customer needs.

We are committed to developing new solutions that push the boundaries of flooring design.

We also plan to continue to focus on carbon reductions in our products and operations as we work toward achieving our science-based targets by 2030 and our goal to be carbon negative by 2040.

These initiatives help differentiate Interface within the global flooring industry and strengthen our brand.

Sustainability Leadership

Our sustainability strategy began more than 25 years ago with initiatives aimed at reducing waste, environmental footprint and costs.

We aim to significantly reduce carbon emissions across our products, operations, and supply chain through advances in design, manufacturing, materials, and supplier collaboration.

In 2021, we set a goal to reduce our CO2 emissions across our Company and supply chain by 2030 with targets validated by the Science Based Targets Initiative.

Our targets are to reduce our absolute Scope 1 and 2 greenhouse gas emissions 50% by 2030 from a 2019 base year, and to reduce our absolute Scope 3 greenhouse gas emissions from purchased goods and services 50% and from business travel and employee commuting 30% by 2030 from a 2019 base year.

We also set a separate goal to become a carbon negative enterprise by 2040.

Our leadership is reinforced by ongoing investment in technology and product innovation that reduces our carbon impact.

Notable achievements include the following:

• Bio‑based and recycled materials:

We incorporate more bio‑based and recycled inputs to reduce our product‑level carbon footprint.

• CQuest™ backings:

We use bio‑based and recycled materials to create the carbon negative foundation of our carpet tile.

• Carbon negative carpet tile:

We created the first cradle-to-gate carbon negative carpet tile in 2020 and now offer 200+ carbon negative styles.

• LVT recycled content:

We increased recycled content across our LVT portfolio to further reduce its carbon footprint and support circular design.

We expanded our regional take‑back programs to reuse and recycle more flooring materials into new product cycles.

Interface’s sustainability leadership continues to receive recognition through key industry awards, reflecting the strength of our climate strategy and product innovation.

Recent accolades include:

• GlobeScan Sustainability Leaders Survey:

Ranked a Top 10 global sustainability leader for the 28th consecutive year in 2025.

• Metropolis Planet Positive Awards:

Winner in the Corporate Sustainability Initiative category in 2025.

• Reuters Net Zero Leader Award:

Recognized for Carbon Reduction Strategy in the Reuters Net Zero Leader program in 2025.

• WEF Circularity Lighthouse:

Named a Circularity Lighthouse in the Built Environment by the World Economic Forum and McKinsey for pioneering circular solutions in 2024.

Our business reflects seasonal patterns that correlate to historical customer spending and commercial project timelines.

Sales in the education market segment have increased in recent years, particularly in the second and third quarters as schools often schedule renovation projects during the summer months when schools are typically closed.

We compete, on a global basis, in the sale of our modular carpet, LVT, and rubber flooring against various companies who offer floor coverings including carpet tile, broadloom carpet, LVT, other hard surface flooring, and polished concrete.

While the flooring industry has experienced significant consolidation, a large number of manufacturers remain in the industry.

A number of domestic and foreign competitors manufacture modular carpet as one segment of their business, and some of these competitors have financial resources greater than ours.

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We believe the principal competitive factors in our primary floorcovering markets are brand recognition, quality, design, service, broad product lines, product performance, marketing strategy, pricing and sustainability.

We compete against various floorcoverings including carpet tile, broadloom carpet, LVT and other hard surface flooring, and polished concrete.

We believe the quality, service, design, better product performance, flexibility (such as design options, selective rotation or replacement, and use in combination with our resilient products), environmental footprint and convenience of our flooring products are our principal competitive advantages.

We believe we have competitive advantages in several other areas as well.

First, having both an internal design staff as well as our relationship with David Oakey Designs allows us to introduce numerous innovative and attractive carpet tile and resilient products to our customers.

Additionally, we believe that our global carpet tile manufacturing capabilities are an important competitive advantage in serving the needs of multinational corporate customers.

Our sustainability goals are a brand-enhancing, competitive strength as well as a strategic initiative.

We believe the quality, service, design, performance, flexibility (such as design options, selective rotation or replacement, and use in combination with our resilient products), environmental footprint and convenience of our flooring products are our principal competitive advantages.

Our sustainability goals are a brand-enhancing, competitive strength.

Many of our customers are concerned about the environmental and broader ecological implications of their operations and the products they use in them.

Our leadership, knowledge and expertise in the area, especially in the “green building” movement and related environmental certification programs, resonate deeply with many of our customers and prospects around the globe.

Our modular carpet products historically have had inherent installation and maintenance advantages that have translated into greater efficiency and waste reduction.

We are using raw materials and production technologies, such as our ReEntry 2.0 reclaimed carpet separation process and our CQuest backings, that directly reduce adverse impacts of those operations on the environment and limit our dependence on petrochemicals.

Our modular carpet products have had inherent installation and maintenance advantages that have translated into greater efficiency and waste reduction.

We are using raw materials and production technologies such as our CQuest backings, that directly reduce adverse impacts of those operations on the environment and limit our dependence on petrochemicals.

Product Design, Research and Development

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We also draw on the research and development efforts of our suppliers, particularly in the areas of fibers, yarns, and modular carpet backing materials.

The research and development team provides us with technical support and advanced materials research and development.

Innovation and increased customization in product design and styling are the principal focus of our product development efforts, and this focus has led to several design breakthroughs such as our CQuest backings, plank and Skinny Plank products, as well as our i2 product line.

Our design and development team is recognized as an industry leader in design and product engineering for the commercial and institutional markets.

David Oakey Designs provides carpet design and consulting services to us pursuant to a consulting agreement, and this firm augments our internal research, development and design staff.

David Oakey Designs’ services under the agreement include creating commercial carpet designs for use by our modular carpet businesses throughout the world and overseeing product development, design and coloration functions for our modular carpet business in North America.

The agreement can be terminated by either party upon six months prior written notice to the other party.

In 2020, we launched our first ever cradle-to-gate carbon negative carpet tile.

David Oakey Designs provides design and consulting services to us pursuant to a consulting agreement, which can be terminated by either party upon six months prior written notice to the other party.

David Oakey Designs has had a pivotal role in developing many of our innovative product designs, including products manufactured using state-of-the-art tufting technology, which allows us to pinpoint tufts of different colored yarns in virtually any arrangement within a carpet tile.

These unique designs are best exemplified by our Urban Retreat® , Net Effect®, Human Nature® and World Woven® collections, which are sold throughout our international operations.

Our goal is to offer products with the lowest carbon footprint possible and products that help maintain a climate fit for life.

Our carbon negative carpet tile features carbon negative materials in the CQuestBioX backing in combination with specialty yarns and tufting processes.

Our cradle-to-gate carbon negative carpet tile features carbon negative materials in the CQuestBioX backing in combination with specialty yarns and tufting processes.

We have developed innovative ways to work with recycled content and bio-based materials, which has led us to make carpet tiles that store carbon, preventing its release into the atmosphere.

Our nora rubber flooring products have also focused on innovative performance and design.

A key innovation is the self-adhesive nTx solution for nora tiles and sheet goods.

Key innovations include our carbon negative nora rubber flooring prototype, which has a carbon negative footprint when measured cradle to gate and our self-adhesive nTx solution for nora tiles and sheet products.

Notable changes in design include noraplan Iona introducing a rubber on rubber print, noraplan valua introducing natural woodlike colors and embossing, and noraplan unita that incorporates real granite parts in a rubber floor.

The combination of performance and design makes nora the recognized market leader in rubber flooring.

In January 2025, the Company unveiled the first of a kind carbon negative nora rubber flooring prototype, which has a carbon negative footprint when measured cradle to gate.

Environmental and Sustainability Initiatives

Our sustainability strategy began more than 25 years ago with initiatives aimed at reducing waste, environmental footprint and costs.

With our CQuestGB, CQuestBio and CQuestBioX backings, we are able to use more bio-based and recycled materials.

As more customers in our target markets share our view that sustainability is an important factor, we expect sustainability will become an increasingly important factor in purchasing and design decisions.

In 2021, we set a goal to reduce our CO2 emissions across our Company and supply chain by 2030 with targets validated by the Science Based Targets Initiative.

We also set a separate goal to become a carbon negative enterprise by 2040.

Compliance with Government Regulations

We are subject to various federal, state and foreign laws and regulations that address various aspects of our business such as worker safety, privacy, trade sanctions and anticorruption.

In addition, our operations are subject to laws and regulations relating to the generation, storage, handling, emission, transportation and discharge of materials into the environment.

The costs of complying with these laws and regulations have not had a material adverse impact on our financial condition or results of operations in the past and are not expected to have a material adverse impact in the future.

The environmental management systems of our floorcovering manufacturing facilities in LaGrange, Georgia, West Point, Georgia, Northern Ireland, the Netherlands, China, Germany and Australia are certified under ISO Standard No.

Our backlog of unshipped orders was approximately $223.4 million at February 2, 2025, compared with approximately $195.5 million at February 4, 2024.

Historically, backlog is subject to significant fluctuations due to the timing of orders for individual large projects.

D isruptions in supply and distribution chains have resulted in delays of construction projects and flooring installations in many regions worldwide, which also have caused, and may continue to cause, fluctuations in our backlog.

Patents and Trademarks

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The duration of trademarks registered in other jurisdictions varies.

Compliance with Government Regulations

We are subject to various federal, state and foreign laws and regulations that address various aspects of our business such as worker safety, privacy, trade sanctions and anticorruption.

In addition, our operations are subject to laws and regulations relating to the generation, storage, handling, emission, transportation and discharge of materials into the environment.

The environmental management systems of our manufacturing facilities in LaGrange, Georgia, West Point, Georgia, Northern Ireland, the Netherlands, China, Germany and Australia are certified under ISO Standard No.

Our proactive approach to environmental compliance and our investments in sustainable manufacturing technologies have enhanced our competitive position.

Many of our customers prioritize environmental performance in their purchasing decisions, and our carbon negative products, ISO 14001-certified facilities, and circular economy initiatives differentiate Interface in the commercial flooring market.

Our backlog of unshipped orders was approximately $222.8 million at February 2, 2026, compared with approximately $223.4 million at February 2, 2025.

Historically, backlog is subject to significant fluctuations due to the timing of orders for individual large projects.

D isruptions in supply and distribution chains or delays in construction projects and flooring installations worldwide, have caused, and may continue to cause, fluctuations in our backlog.

Human Capital

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We strive to do the right thing and to be generous to people and the planet.

Our core values represent who we are, how we see the world, how we treat each other and our external customers and stakeholders, and how we approach our work every day.

These core values are:

• Design a better way;

• Be genuine and generous;

• Inspire others;

• Connect the whole;

• Embrace tomorrow, today.

Workforce Composition

At December 28, 2025, we employed a total of 3,570 employees worldwide.

Of such total, 1,367 were clerical, staff, sales, supervisory and management personnel and 2,203 were manufacturing personnel.

Our workforce is distributed across manufacturing facilities and offices in the Americas, Europe and Asia Pacific.

Talent Attraction and Retention

Competition for qualified employees, including experienced manufacturing personnel and skilled commercial, technical and management professionals, is significant in the markets in which we operate.

We seek to attract and retain talented individuals by offering competitive compensation and benefits, providing opportunities for career advancement and professional growth, and fostering a values-based workplace culture grounded in merit and achievement.

We monitor employee retention and voluntary turnover rates across our global operations and use this data to evaluate the effectiveness of our talent management strategies and to identify areas for improvement.

Employee Development

We believe that investing in the growth and development of our employees strengthens our organization and supports our long-term business objectives.

Interface invests in employee development through leadership development programs and training programs.

We also provide role-specific technical training for our manufacturing workforce, including training on production processes, quality standards and equipment operation, to support operational efficiency, product quality and employee skill development.

These programs include:

• Talent Accelerator Program:

Annual cohort of 10 employees selected through an application process typically open to all business functions.

• Interface Coaching Experience:

Global Supply Chain and Americas Sales.

• RISE Leadership Development Program:

Frontline leader development.

• Quarterly Compliance Training:

Mandatory courses launched once per quarter for all business functions.

Compensation and Benefits

Our compensation philosophy is designed to attract, motivate and retain high-performing employees.

Total compensation for our employees generally includes a combination of base salary and benefits.

We benchmark our compensation programs against relevant market data to help ensure our total rewards offerings remain competitive within the industries and geographies in which we compete for talent.

Our benefits programs include, among other components, health benefits, retirement plan contributions and paid time off, with specific programs varying by location in accordance with local market practices and applicable legal requirements.

Workplace Health and Safety

As a global manufacturer, the health and safety of our employees is a priority and we are committed to maintaining safe working conditions across each of our manufacturing facilities.

We maintain workplace health and safety programs designed to comply with applicable occupational health and safety laws and regulations, including those administered by the U.S.

Occupational Safety and Health Administration and analogous regulatory bodies in the other jurisdictions in which we operate.

These programs include regular safety training, hazard identification and risk assessment procedures, and incident reporting and investigation protocols.

Employee and Labor Relations

Some of our employees in Australia, the United Kingdom and China are represented by unions.

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Hurd 56 President and Chief Executive Officer

Foshee 54 Vice President, General Counsel and Secretary

Hausmann 56 Vice President and Chief Financial Officer

Foshee 55 Vice President, General Counsel and Secretary

James Poppens 61 Vice President and Chief Commercial Officer

Nigel Stansfield 57 Vice President and Chief Innovation and Sustainability Officer

Hurd joined us in April 2022 after having worked previously for global consumer goods company Newell Brands, Inc.

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Hurd was Vice President, Global Development for Newell Brands, leading both Marketing and Research & Development for the Graco, Aprica, and Teutonia brands globally.

Foshee , who previously practiced with an Atlanta-based international law firm, joined us in October 1999 as Associate Counsel.

He was promoted to Assistant Secretary in April 2002, Senior Counsel in April 2006, Assistant Vice President in April 2007, Vice President in July 2012, Associate General Counsel in May 2014, and Secretary and General Counsel in January 2017.

Hausmann joined us in April 2017 as Vice President and Chief Financial Officer.

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He has also previously held finance and controller positions with several software and internet companies and is a certified public accountant (inactive status) in the State of California.

Foshee , who previously practiced with an Atlanta-based international law firm, joined us in October 1999 as Associate Counsel.

Poppens joined us in 2017 to lead the restructuring of our FLOR business and then served as Vice President of Corporate Marketing and was responsible for the global Interface brand, digital strategy, global product commercialization planning as well as leading the FLOR business.

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Poppens was named Chief Commercial Officer, and his former role as President of Americas was eliminated.

Stansfield was the Operations Manager for Firth Carpets (our former European broadloom operations) at the time it was acquired by us in 1997.

For two years following that acquisition, Mr.

Stansfield served as Manufacturing Systems Manager, part of a global project team that designed and implemented manufacturing software systems at seven of our manufacturing plants.

In 1999, he returned to Firth Carpets as Operations Director.

In 2002, he became a member of our European research and development team focusing on our sustainability initiatives, and in 2004, he became Product and Innovations Director for all of our European Operations.

In 2010, he joined our European management team as Senior Vice President of Product, Design and Innovation, before being named Vice President and Chief Innovations Officer for the Company in March 2012.

In December 2016, he became President of our business serving Europe, the Middle East and Africa, and in January 2019 he assumed responsibility for the Asia-Pacific region as well.

Effective February 1, 2023, Mr.

Stansfield was named Chief Innovation and Sustainability Officer, and his former role as President of Europe, Africa, Australia and Asia was eliminated.

Available Information

We make available free of charge on or through our Internet website our Annual Report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 as soon as reasonably practicable after we electronically file such material with, or furnish it to, the Securities and Exchange Commission (“SEC”).

Our Internet address is http://www.interface.com .

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The SEC’s website is http://www.sec.gov .

Interface, Inc.

was incorporated in Georgia in 1973.

Forward-Looking Statements

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Any forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by such forward-looking statements.

Forward-looking statements in this report include, without limitation, any statements regarding the effects of inflation, high interest rates, current wars and conflicts, the supply chain environment, slow market conditions in certain geographic areas, tariffs, freight costs, pressures in the commercial office market and other macroeconomic factors, and our future production volumes per unit fixed costs, on our future performance.

Forward-looking statements in this report include, without limitation, any statements regarding the effects of new or increased tariffs and changes in trade policies of the United States or other countries, inflation, changing interest rates, current wars and conflicts, the supply chain environment, slow market conditions in certain geographic areas, pressures in the commercial office market and other macroeconomic factors, and our future production volumes per unit fixed costs, on our future performance.

We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

1 unchanged sentence

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 1. Business