of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall either be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific references in such a filing.

Vice President, Ingredients of the Company and Senior Vice President, Universal Ingredients, Inc. — J. Patrick O’Keefe: Mr. O'Keefe is retiring from his roles, but a smooth transition process will be supported.

Results of Operations and Financial Condition. Universal Corporation (the “Company”) issued a press release on May 28, 2026, discussing its results for the quarter and fiscal year ended March 31, 2026. The press release is attached as Exhibit 99.1 and is incorporated by reference into this

Senior Vice President and Chief Financial Officer — Mr. Diel: Mr. Diel was promoted to Senior Vice President and Chief Financial Officer with significant compensation changes.

Senior Vice President and Chief Financial Officer — Steven S. Diel: Mr. Steven S. Diel was promoted to Senior Vice President and Chief Financial Officer, succeeding Johan C. Kroner.

of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall either be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific references in such a filing.

Chief Financial Officer — Anubhav Mittal: The Company withdrew its offer of employment to Mr. Mittal.

CFO — Johan C. Kroner: The CFO is retiring with a named external successor (Anubhav Mittal) already elected to ensure a smooth transition, which constitutes an orderly succession rather than a sudden loss of leadership.

Entry into a Material Definitive Agreement. On December 9, 2025, Universal Corporation (the “Company”) entered into a new unsecured Credit Agreement, with JPMorgan Chase Bank, N.A., as Administrative Agent, Truist Bank and AgFirst Farm Credit Bank, as Co-Syndication Agents, and First Horizon Bank, KeyBank National Association, Citibank, N.A., Bank Of America, N.A., UBS Switzerland AG, Atlantic Union Bank and Capital One, N.A., as Co-Documentation Agents (the “Credit Agreement”). The Credit Ag…

Termination of a Material Definitive Agreement. On December 5, 2025, the Company provided written notice of prepayment and termination of the Existing Credit Agreement as of December 9, 2025, conditioned upon the effectiveness of a new credit facility in accordance with Section 2.11 of the Existing Credit Agreement. Therefore, on December 9, 2025, the Existing Credit Agreement was terminated in connection with the entry into the Credit Agreement described above under

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under

of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall either be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific references in such a filing.

Director — Gregory A. Trojan: The filing discloses the appointment of a new independent director to an expanded board, which is a routine governance action rather than a departure of a senior executive.

Results of Operations and Financial Condition. Universal Corporation (the “Company”) issued a press release on August 6, 2025, discussing its financial results for the quarter ended June 30, 2025. The press release is attached as Exhibit 99.1 and is incorporated by reference into this

CFO — Johan C. Kroner: The CFO is retiring in a planned manner with a one-year transition period and a search for a successor already underway, indicating an orderly succession rather than a sudden loss.

Results of Operations and Financial Condition. Universal Corporation (the “Company”) issued a press release on May 29, 2025, discussing its results for the quarter and fiscal year ended March 31, 2025. The press release is attached as Exhibit 99.1 and is incorporated by reference into this

Director — Fay Manolios: The filing discloses the appointment of a new independent director and the routine retirement of a sitting director, which are standard board composition changes rather than executive management departures.

Other Events. In August 2024, shortly before filing the Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, the Company’s management was made aware of embezzlement by a former senior finance employee at the Company’s Mozambique subsidiary, Mozambique Leaf Tobacco Ltda. (“MLT”). The Company promptly commenced an internal investigation regarding these allegations and related matters. As previously reported, with the assistance of outside advisors, the Company’s internal investiga…

Results of Operations and Financial Condition. On February 10, 2025, Universal Corporation (the “Company”) issued a press release (the “Press Release”) discussing certain preliminary unaudited financial results for the quarter ended December 31, 2024. These preliminary financial results are unaudited, based on currently available information and are not a comprehensive statement of the financial results for this period. Consequently, the preliminary unaudited financial results do not present…

Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement. The Company previously disclosed in a Current Report on Form 8-K (the “Form 8-K”) that was filed with the Securities and Exchange Commission (the “SEC”) on November 12, 2024, that it entered into a Consent with respect to that certain Credit Agreement, dated December 15, 2022, among the Company, the lenders party thereto from time to time and JPMorgan Chase Bank…

Other Events. On February 5, 2025, the Company issued a press release announcing a quarterly dividend for the Company’s common stock. The press release is attached as Exhibit 99.1 and is incorporated by reference into this

Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement. Universal Corporation (the “Company”) previously disclosed in a Current Report on Form 8-K (the “Form 8-K”) that was filed with the Securities and Exchange Commission on November 12, 2024, that it entered into a Consent with respect to that certain Credit Agreement, dated December 15, 2022, among the Company, the lenders party thereto from time to time and JPMor…

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously disclosed in the Notification of Late Filing on Form 12b-25 filed by Universal Corporation (the “Company”) with the U.S. Securities and Exchange Commission (the “SEC”) on November 12, 2024, the Company was unable to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 (the “Form 10-Q”) on a timely basis due to an ongoing internal investigation. As a res…

of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall either be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific references in such a filing. CAUTIONARY STATEMENTS REGARDING FO…

Results of Operations and Financial Condition. On November 12, 2024, Universal Corporation (the “Company”) issued a press release (the “Press Release”) discussing certain preliminary unaudited financial results for the quarter ended September 30, 2024. These preliminary financial results are unaudited, based on currently available information and are not a comprehensive statement of the financial results for this period. Consequently, the preliminary unaudited financial results do not present…