Winnebago Industries entered into a cooperation agreement with Vision One Fund, LP, agreeing to nominate Jay L. Johnson as an independent Class III director at the 2026 Annual Meeting and recommend his election. The company will also submit shareholder proposals to phase out its classified Board structure over three years, with all directors standing for annual election by the 2029 meeting. Vision One withdrew its prior notice of shareholder proposals and agreed to customary standstill provisions. Winnebago Industries is a leading North American manufacturer of outdoor recreation products including motorhomes, travel trailers, and boats.