New Appliances and Interiors Business, Kodiak Interiors Group, Launches to Accelerate Growth

New Appliances and Interiors Business, Kodiak Interiors Group, Launches to Accelerate Growth
Specialization in building materials becomes the focus for Kodiak Building Partners

ENGLEWOOD, Colo., July 9, 2025— Kodiak Building Partners (KBP), a leading building materials
distribution company, today announced the launch of Kodiak Interiors Group (KIG), a new, stand-alone business
formed through the sale of Kodiak’s appliances and interiors portfolio. The new entity will operate independently,
enabling a more focused strategy in the appliances and interiors market while supporting long-term growth for
both organizations.

Kodiak Interiors Group will include existing operating companies specializing in interiors, including Arizona
Appliance & Home, Don’s Appliances, FBS Appliance, and Specialty Appliance.

As of July 8, Jeff Smith will assume the role of CEO at KIG. Brian Huss will succeed Jeff as CFO of KBP.
Joining Smith on the leadership team at KIG are Darius McCurty, who will serve as CFO, and Greg Ulvedal and
Kirk Dryden, both current executive vice presidents who will continue in their leadership roles as part of the
interiors group. Steve Swinney, co-founder and CEO of KBP, will serve as executive chairman of the board for
KIG, providing strategic continuity and oversight.

“After careful consideration and partnership, this decision was made for Kodiak Interiors Group to capitalize on
significant growth opportunities in the appliances and interiors market, enabling a more focused and specialized
approach to operational excellence, customer service and local leadership,” said Smith.
"Kodiak Building Partners has proven that success can come from a model that prioritizes growth through
acquisition alongside local leadership and entrepreneurial independence," said Swinney. "Using this blueprint
within the appliances and interiors market, we have no doubt that Jeff and the team at Kodiak Interiors Group will
be able to take the business to new heights."

Following the sale, Kodiak Building Partners will deepen its focus on the building materials industry to support
continued growth and innovation across its portfolio.

For more information about Kodiak Interiors Group, please visit www.kodiakig.com.