Aug 4 (Reuters) - HNI Corp ( HNI ):

* HNI CORPORATION TO ACQUIRE STEELCASE INC.

* HNI CORP ( HNI ) - TO BUY STEELCASE IN $2.2 BILLION DEAL

* HNI CORP ( HNI ) - STEELCASE SHAREHOLDERS TO RECEIVE $7.20 CASH

AND

0.2192 HNI SHARES

* HNI CORP ( HNI ) - ANNUAL RUN-RATE SYNERGIES EXPECTED TO TOTAL

$120

MILLION

* HNI CORP ( HNI ) - JEFFREY LORENGER TO LEAD COMBINED COMPANY

* HNI CORP ( HNI ): PROJECTS COMBINATION WILL BE HIGHLY ACCRETIVE TO

NON-GAAP EPS STARTING 2027

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