Matthews International Corporation (NASDAQ GSM: MATW) ("Matthews" and/or the "Company") today announced that Katherine E. Dietze and Morgan K. O'Brien, each a long-serving member of the Company's Board of Directors (the "Board"), have informed the Board that they will not stand for re-election at the Company's 2027 Annual Meeting of Shareholders (the "2027 Meeting"). Their decision reflects their support for the Company's strategic direction, the appointment of Michael J. Whitehead ("Mr. Whitehead") as the new President & Chief Executive Officer of the Company, and the Board's ongoing governance initiative to reduce its size from ten to eight directors, creating a more streamlined Board structure to more closely align with Matthews' next phase of growth.