1) We believe that this process should expedite stockholders receipt of proxy materials, lower the costs of the annual meeting and help to conserve natural resources. In fiscal year 2020, Korn Ferry did work for the Compensation Committee as well as management. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing: Form, Schedule or Registration Statement No: You are cordially invited to attend the 2021 annual meeting of stockholders of Hydrofarm Holdings Group, Inc. to be held at 11:00 a.m. The Company estimates that net sales will range between $121.0 million to $124.0 million, as compared to $96.7 million for the three months ended September 30, 2020, an increase of approximately 27% calculated using the midpoint of the range. If your shares are held in street name (held in the name of a bank, broker or other holder of record), you will receive instructions from the holder of record. Concurrently with the closing of the Private Placement, one of our wholly-owned subsidiaries merged with and into Hydrofarm Investment Corp. (HIC), with HIC becoming our wholly-owned subsidiary and continuing its and its subsidiaries existing business operations, including those of Hydrofarm, LLC, a subsidiary of HIC (the Merger). If your shares are registered in your name or if you have stock certificates, they will not be counted if you do not vote as described above under How Do I Vote? If your shares are held in street name and you do not provide voting instructions to the bank, broker or other nominee that holds your shares as described above, the bank, broker or other nominee that holds your shares has the authority to vote your unvoted shares only on the ratification of the appointment of our independent registered public accounting firm (Proposal 2 of this proxy statement) without receiving instructions from you. SEC Filing | Hydrofarm Mr.Fitch joined the Company as President in March 2019. To be considered for inclusion in the proxy statement relating to our 2021 annual meeting of stockholders, we must receive stockholder proposals (other than for director nominations) no later than December24, 2020. Audit fees include fees and related expenses for professional services rendered in connection with the annual audit of the Companys financial statements and the review of the Companys interim financial statements, as well as fees for services that generally only the independent registered public accounting firm can be reasonably expected to provide, including comfort letters, consents, and review of registration statements filed with the SEC including fees related to our initial public offering in the year ended December31, 2020. ET on June7, 2021. In addition, sales activity in highly-populated states such as New York, New Jersey, Virginia and Connecticut, which have passed new adult-use legislation within the past year, has not yet gained full momentum. These plans consist of (i)the 2020 Employee, Director and Consultant Equity Incentive Plan (the 2020 Plan); (ii)the 2019 Employee, Director and Consultant Equity Incentive Plan (the 2019 Plan); and (iii)the 2018 Equity Incentive Plan (the 2018 Plan). We are holding the annual meeting at 11:00 a.m. Investor Relations | Hydrofarm Prior to joining Hydrofarm in 2019, Mr.Toler was the Chief Executive Officer of Hostess Brands, Inc. (Nasdaq: TWNK) (Hostess), a food and beverage company, from May 2014 to March 2018. If on April15, 2021, your shares of our common stock were registered directly in your name with our transfer agent, Continental Stock Transfer Company, then you are a stockholder of record. Under these circumstances, he will not be entitled to any other form of compensation from us, including any severance benefits, other than any rights to which he is entitled our benefit programs, stock option plan or equity grant documents between him and us. The Company also announced that it has entered into a new $125.0 million senior secured term loan facility (the Term Loan). Should additional capital needs arise, Hydrofarm can, per the terms of the Term Loan agreement, seek to upsize the facility. If final results are unavailable at the time we file the Form 8-K, then we will file an amended report on Form 8-K to disclose the final voting results within four business days after the final voting results are known. Ms.Persofsky was selected to serve on our board of directors because of her global business, e-commerce expertise, and her experience with the cannabis industry. Mr.Toler was granted 1,034,431 and 413,772 RSUs in January 2019 and December 2019, respectively. You will be able to attend the annual meeting, vote and submit your questions during the annual meeting by visiting. Quarterly report which provides a continuing view of a company's financial position. We have furnished the foregoing disclosure to Deloitte. You may receive more than one Notice or proxy card if you hold shares of our common stock in more than one account, which may be in registered form or held in street name. from St. Marys College, Notre Dame and her Masters in Education from the University of Virginia. FAIRLESS HILLS, Pa., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm" or the "Company") (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics. Mr.Fitch also served as Senior Vice President and General Manager of the Western Region of Coca Cola Refreshments from 2010 to 2013. Mr.Fitchs employment agreement also contains a mutual non-disparagement covenant, intellectual property covenants and confidentiality covenants prohibiting Mr.Fitch from, among other things, disclosing confidential information relating to us. Ms.Persofsky has also served as the Chairwoman of BookJane Inc. since October 2016, a director of Aphria Inc. since October 2017 and the Vice Chairwoman and Lead Director since October 2019, the Chairwoman of Green Gruff Inc. since July 2019 and a director of Alkemy since April 2021. Mr.Toler was selected to serve as Chairman of our board of directors because of his 35years of executive leadership experience in supply chain management and consumer packaged goods. The Petaluma, CA-based company plans to raise $130 million by . Ms.Peters, Ms.Persofsky, Mr.Chung, Mr.Moss and Ms.Denis qualify as independent directors. To elect two (2) class I directors to serve three-year terms expiring in 2024; To ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending December31, 2021; and. Investors interested in participating in the live call can dial 201-389-0879 or listen to a simultaneous, live webcast available on the Investors section of the Companys website at www.hydrofarm.com under the Investors section. Communications will be distributed to our board of directors, or to any individual director or directors as appropriate, depending on the facts and circumstances outlined in the communications. With respect to projected fiscal year 2021 Adjusted EBITDA, a quantitative reconciliation is not available without unreasonable effort due to the variability, complexity and low visibility with respect to certain items, including, but not limited to, stock-based compensation and employer payroll taxes, uncertainties caused by the global COVID-19 pandemic, changes to the regulatory landscape, and certain potential future transaction expenses, which are excluded from Adjusted EBITDA. The Companys M&A strategy has resulted in the addition of new manufacturers to its proprietary portfolio, including Greenstar Products, Inc. in Canada, Aurora Innovations, Inc. in Oregon, and the HEAVY 16, House & Garden and Mad Farmer brands in California. In February 2019, we entered into an employment agreement with Mr.William Toler, to serve as Chairman and Chief Executive Officer. Past Events May 10, 2023 4:30 PM EDT Hydrofarm First Quarter 2023 Earnings Call View the Webcast March 9, 2023 4:30 PM EST Hydrofarm Fourth Quarter and Fiscal Year 2022 Earnings Call View the Webcast January 10, 2023 1:00 PM EST ICR Conference View the Webcast November 9, 2022 4:30 PM EST Full third quarter results will be discussed during the upcoming Hydrofarm earnings conference call, scheduled for Thursday, November 11, 2021 after market close at 4:30 p.m. Ms.Peters also served on the National Board of Directors of Girl Scouts of the USA from 2008 until 2017. Stock Ownership Guidelines for Non-Employee Directors. On November10, 2020, our board of directors nominated Mr.William Toler and Mr.Patrick Chung for election at the annual meeting. Prior to joining Legg Mason, he was a Manager at PricewaterhouseCoopers LLP from August 1996 to October 1999. additional disclosures relating to stockholder nominees for directors, including completed questionnaires and disclosures required by our Bylaws. It reviews and approves corporate objectives and strategies, and evaluates significant policies and proposed major commitments of corporate resources. To transact such other business that is properly presented at the annual meeting and any adjournments or postponements thereof. We will pay these employees and directors no additional compensation for these services. Previously, Mr.Chung was the Director of Finance for Inside Edge Properties Ltd. from March 2017 to March 2018. Our Insider Trading Policy prohibits directors, executive officers and other designated insiders from engaging in most transactions involving our common stock during periods, determined by us, that those individuals are most likely to be aware of material, non-public information. Prior to engagement, the Audit Committee pre-approves these services by category of service. NOTICE OF 2021 ANNUAL MEETING OF STOCKHOLDERS. Hydrofarm is a leading distributor and manufacturer of controlled environment agriculture equipment and supplies, including high-intensity grow lights, climate control solutions, and growing media, as well as a broad portfolio of innovative and proprietary branded products. HYFM - Hydrofarm Holdings Group Inc Shareholders - CNNMoney.com In her role as Chief Human Resource Officer (CHRO), Ms.Peters was a member of GEs senior leadership team. Our non-employee directors are subject to ownership guidelines that establish a minimum ownership level. FAIRLESS HILLS, Pa., July 01, 2021 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. ("Hydrofarm") (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics equipment and. Fitzhugh Taylorir@hydrofarm.com, Media Contacts: ET on Tuesday, June8, 2021. On or about April26, 2021 we intend to begin sending to our stockholders a Notice of Internet Availability of Proxy Materials (the Notice) containing instructions on how to access our proxy statement for our 2021 annual meeting of stockholders and our 2020 annual report to stockholders.
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