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KADANT INC Remuneration Information 2020

Apr 10, 2020

31258_rns_2020-04-10_1909134d-de32-40fd-98f6-a3e5e07f2c30.zip

Remuneration Information

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DEFA14A 1 a2020kaidefa14a-pressrelea.htm DEFA14A html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd" Document created using Wdesk 1 Copyright 2020 Workiva Document

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

(RULE 14a-101)

INFORMATION REQUIRED IN PROXY STATEMENT

SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a)

of the Securities Exchange Act of 1934 (Amendment No. )

Filed by the Registrant x
Filed by a Party other than the Registrant ☐
Check the appropriate box:
☐ Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
☐ Definitive Proxy Statement
x Definitive Additional Materials
☐ Soliciting Material Pursuant to Rule 14a-12

Kadant Inc.

(Name of the Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

x No fee required.

☐ Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.

(1) Title of each class of securities to which transaction applies:

(2) Aggregate number of securities to which transaction applies:

(3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

(4) Proposed maximum aggregate value of transaction:

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☐ Fee paid previously with preliminary materials.

☐ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

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KADANT INC. One Technology Park Drive Westford, MA 01886 USA Tel: +1 978-776-2000 www.kadant.com PRESS RELEASE

KADANT 2020 ANNUAL MEETING OF STOCKHOLDERS

TO INCLUDE VIRTUAL ACCESS

WESTFORD, Mass., April 10, 2020 - Kadant Inc. (NYSE: KAI) announced today that, due to the public health concerns relating to the coronavirus pandemic, its Board of Directors has determined to include a virtual meeting component for the 2020 Annual Meeting of Stockholders. The addition of the virtual meeting component will allow stockholders who cannot attend in person due to the coronavirus pandemic the opportunity to participate in the Annual Meeting.

The Annual Meeting will be held on May 12, 2020 at 2:30 p.m. eastern time as previously announced. The physical portion of the meeting will be held as originally announced at the corporate office of Kadant at One Technology Park Drive, Westford, Massachusetts. Full details regarding how to participate in the virtual meeting component will be shared with stockholders by press release, on our website and in a supplemental proxy filing in the near future.

About Kadant

Kadant Inc. is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. The Company’s products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries. Kadant is based in Westford, Massachusetts, with approximately 2,800 employees in 20 countries worldwide. For more information, visit www.kadant.com.

Contacts

Investor Contact Information:

Michael McKenney, 978-776-2000

[email protected]

or

Media Contact Information:

Wes Martz, 269-278-1715

[email protected]