MasterCraft Boat Holdings, Inc.

Through fiscal 2026, our fiscal year began on July 1 and ended on June 30, with interim quarterly reporting periods consisting of thirteen weeks. As a result, quarter-end dates did not always coincide with the end of a calendar month. We refer to our fiscal years based on the calendar year in which they end. Accordingly, references to fiscal 2026, fiscal 2025 and fiscal 2024 represent the fiscal years ended June 30, 2026, June 30, 2025, and June 30, 2024, respectively.

In June 2026, the Company announced that its Board of Directors approved a change in the Company’s fiscal year-end from June 30 to December 31, effective July 1, 2026. Accordingly, the Company will file a Transition Report on Form 10-KT covering the period from July 1, 2026, through December 31, 2026 (the “Transition Period”), after which reporting periods will be based on the new fiscal year.

MasterCraft Boat Holdings, Inc. (the “Company”), a Delaware corporation, operates primarily through its wholly-owned subsidiaries, MasterCraft Boat Company, LLC, MasterCraft Parts, Ltd., Crest Marine, LLC, and Marine Products Group, LLC. Unless the context otherwise requires, the Company and its subsidiaries collectively are referred to as the “Company,” “we,” or “us” in this Form 10-K.

In fiscal 2025, the Company completed the sale of its Aviara brand of luxury dayboats and certain related assets (the “Aviara Transaction”) and the sale of its Aviara manufacturing facility in Merritt Island, Florida (the “Aviara Facility Sale”). In fiscal 2023, the Company sold its NauticStar business. Results related to the former Aviara and NauticStar reporting units are reported as discontinued operations for all periods presented. See Notes 1 and 3 in Notes to Consolidated Financial Statements for more information on Discontinued Operations.

On May 15, 2026, the Company completed the merger with Marine Products Corporation (“Marine Products”), pursuant to which each share of Marine Products common stock, par value $0.10 per share, was converted into the right to receive 0.232 shares of the Company’s common stock, par value $0.01 per share and $2.43 in cash, representing a total merger consideration of approximately $284.2 million (the “Marine Products Transaction”). The Marine Products Transaction was accounted for as a business combination in accordance with ASC 805, Business Combinations, with MasterCraft Boat Holdings, Inc. identified as the accounting acquirer. See Note 4 in the Notes to Consolidated Financial Statements for more information on the Marine Products Transaction.