On July 25, 2018, Richard C. Barberie notified the Board of Directors of Nobility Homes, Inc. (the “Company”) that he intended to retire as a member of the Board of Directors of the Company at the end of his current term, which term expires at the Company’s Annual Meeting of Shareholders to be held in 2019. The Company will nominate a new independent director nominee for election to the Board of Directors at the Annual Meeting of Shareholders to be held in 2019.
Nobility Homes, Inc. designs, manufactures and sells a range of manufactured and modular homes through its own retail sales centers throughout Florida. It also sells its manufactured homes on a wholesale basis to independent manufactured home retail dealers and manufactured home communities. Its homes are available in approximately 100 active models sold under the trade names Kingswood, Richwood, Tropic Isle, Regency Manor, and Tropic Manor. It offers homes ranging in size from 464 to 2,800 square feet and containing from one to five bedrooms, are available in: single-wide widths of 14 and 16 feet ranging from 35 to 72 feet in length; double-wide widths of 20, 24, 26, 28 and 32 feet ranging from 32 to 72 feet in length; triple-wide widths of 42 feet ranging from 60 to 72 feet in length; and quad unit with two sections 28 feet wide from 40 to 48 feet long and two sections 28 feet wide by 52 feet long. Its homes are sold primarily as unfurnished dwellings ready for permanent occupancy.