NAUTILUS, INC. (NYSE:NLS) Files An 8-K Submission of Matters to a Vote of Security Holders

On April 30, 2019>Nautilus, Inc. held its annual meeting of shareholders. At the annual meeting, the Company’s shareholders (i) elected Ronald P. Badie, Richard A. Horn, M. Carl Johnson, III, Anne G. Saunders and Marvin G. Siegert to the Company’s Board of Directors, each to serve until the next annual meeting of shareholders or until their successors are duly elected and qualified, (ii) adopted a non-binding advisory resolution approving the Company’s executive compensation, (iii) ratified the appointment of KPMG LLP as the Company’s independent registered accounting firm for the year ending December 31, 2019, and (iv) approved, on an advisory basis, one year as the frequency of future advisory votes on the Company\’s executive compensation.

The following is a summary of the voting results for each matter submitted to the shareholders:

(1) Proposal to elect a Board of Directors consisting of five (5) members:

(2) Proposal to adopt a non-binding advisory resolution approving the Company’s executive compensation:

(3) Proposal to ratify the appointment of KPMG LLP as Independent Registered Public Accounting Firm:

(4) Proposal to approve, on an advisory basis, the frequency of future advisory votes on executive compensation:

In accordance with the recommendation of the Board of Directors, the Company\’s shareholders approved, on an advisory basis, one year as the frequency for holding future advisory votes to approve the Company\’s executive compensation. In light of such approval, the Company intends to hold an advisory vote on the compensation of the Company\’s named executive officers on an annual basis until the next required vote on the frequency of holding an advisory vote to approve executive compensation.

About NAUTILUS, INC. (NYSE:NLS)

Nautilus, Inc. is a consumer fitness products company. The Company operates through two segments: Direct and Retail. The Direct segment offers products directly to consumers through television advertising, catalogs and the Internet. The Retail segment offers its products through a network of independent retail companies with stores and Websites located in the United States and internationally. The Company’s principal business activities include designing, developing, sourcing and marketing of cardio and strength fitness products and related accessories for consumer use, primarily in the United States and Canada, but also in international markets outside North America. It markets cardiovascular, strength and nutrition fitness products. The Company offers its products under the brands, including Nautilus, Bowflex, Octane Fitness, Schwinn and Universal. The Company’s warehousing and distribution facilities are located in Oregon and Ohio.