(e) On December 13, 2016 the Human Resources Committee (the “Committee”) of the Board of Directors of Winnebago Industries, Inc. (the “Company”) approved a stock option grant to the Company’s Chief Executive Officer, Michael Happe of 17,000 shares of common stock, and an increase to Mr. Happe’s annual base pay from $550,000 to $625,000. The exercise price of the option grant is $35.50 per share. The option grant vests in 1/3 increments over three years. The option lasts for 10 years. The shares were issued to the authority of the 2014 Omnibus Equity, Performance Award and Incentive Compensation Plan.

About Winnebago Industries, Inc. (NYSE:WGO)

Winnebago Industries, Inc. is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company designs, develops, manufactures and markets motorized and towable recreation products along with supporting products and services. Its other products manufactured by the Company consist of original equipment manufacturer (OEM) parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles. The Company offers products under categories, which include motorhomes, towables and other manufactured products. The Company produces all of its motorhomes in vertically integrated manufacturing facilities in Iowa and it produces all travel trailer and fifth wheel trailers in Indiana. The Company operates under the brand, Winnebago. The Company distributes its products primarily through independent dealers throughout the United States and Canada, who then retail the products to the end consumer.

Winnebago Industries, Inc. (NYSE:WGO) Recent Trading Information

Winnebago Industries, Inc. (NYSE:WGO) closed its last trading session up +0.30 at 35.80 with 249,006 shares trading hands.