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How We Operate

Everyone at La-Z-Boy Incorporated shares responsibility for operating our business sustainably. We lead with courage, curiosity and compassion while upholding the highest standards of transparency, ethics, and accountability.

Governance

Our shareholders elect the La-Z-Boy Incorporated Board of Directors, which provides oversight of the Company’s strategy, operations, and sustainability efforts through its three standing committees: Audit, Compensation and Talent Oversight, and Nominating and Governance.

The Vice President, General Counsel and Chief Compliance Officer leads our sustainability strategy, reporting directly to the Board Chair, President and CEO and partnering closely with the full Executive Leadership Team. A dedicated Sustainability Team, led by the Senior Director of Global Product Compliance and Sustainability, drives day-to-day implementation of our initiatives.

Ethics and Compliance

La-Z-Boy Incorporated is committed to the highest standards of ethics, integrity and accountability across our business.

  • Our Code of Conduct sets clear expectations for employees, officers and directors when representing the Company and engaging with consumers, suppliers and colleagues. Employees complete annual ethics and Code of Conduct training.
  • Our Supplier Code of Conduct defines the ethical and business standards we expect suppliers and their employees to uphold. We reinforce these expectations through our Supplier Social Compliance Manual and Supplier Product Stewardship Requirements.
  • Employees and suppliers can raise concerns confidentially through our Ethics Hotline and online reporting portal, both operated by an independent third-party and available 24/7. Reports are reviewed by the Corporate Compliance team, which investigates and addresses issues.

Human Rights and Labor Standards

The La-Z-Boy Incorporated Human and Labor Rights Policy applies to our operations and suppliers. We respect and promote the United Nations Universal Declaration of Human Rights and International Labour Organization (ILO) conventions and strive to provide a fair, safe and nondiscriminatory work environment. We also regularly monitor our value chain for forced and child labor through both internal assessments and independent audits. To date, no instances of forced or child labor have been identified across our supply chain.

Cybersecurity and Data Privacy

La-Z-Boy Incorporated maintains a comprehensive cybersecurity program to identify, manage and mitigate cyber risks. The program includes policies, procedures, and controls that guide how we develop, implement and maintain information security across the organization. We leverage third-party expertise to strengthen our cybersecurity program, which features 24/7 monitoring and scalable security operations to detect, respond to, and mitigate emerging threats. We continue to protect the information of our Company, business partners, and consumers through strong governance, security controls, system testing, and mandatory employee training. During FY 2026, the Company was not aware of any material data breaches.