THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

HNI Corporation (HNI)

3/17/2006 Proxy Information

From 1991 to 2004, Mr. Michaels served as HNI's Chief Executive Officer, and from 1990 to 2003, he served as HNI's President.

Columbia Wanger Asset Management, L.P. (“Columbia”), which beneficially owns more than 5% of Common Stock, is a wholly owned subsidiary of Bank of America, National Association (“BofA”). BofA is a primary lender under the Corporation’s credit facility, performs various commercial banking functions for the Corporation and its subsidiaries and has agreed to provide lines of credit for the Corporation’s Asian operations, in each case, for which BofA receives, and will receive, customary fees and expenses. From time to time, Banc of America Securities LLC, an affiliate of both Columbia and BofA, performs various investment banking, underwriting and other financial advisory services for the Corporation, for which it receives customary fees and expenses.

3/18/2005 Proxy Information

On November 15, 1995, Robert L. Katz and Associates, of which Dr. Katz is President, entered into a one-year agreement with the Corporation to provide certain consulting services for $5,000 per month. The agreement also provides for reimbursement of travel expenses and other reasonable out-of-pocket costs incurred on the Corporation's behalf and is automatically renewed each year unless notice of cancellation is given no later than 90 days prior to the end of the one-year term. The agreement has been renewed until May 2004. For 2003, the Corporation paid Robert L. Katz and Associates a total consulting fee of $60,000, plus $3,771 of expense reimbursement, for services rendered. The Board of Directors has evaluated the terms of the agreement with Dr. Katz in relation to the Corporation's director independence standards and has determined that Dr. Katz is independent under those standards.

On March 8, 2005, the Corporation entered into separate stock purchase agreements with The Stanley Foundation and The Holthues Trust. Pursuant to the terms of the stock purchase agreements, the Corporation agreed to purchase 75,000 shares of Common Stock from The Stanley Foundation and 25,000 shares of Common Stock from The Holthues Trust. Each stock purchase agreement provided for a purchase price of $43.53 per share of Common Stock, which, in each case, was equal to the average of the high and low price per share for the Common Stock as reported by the NYSE on March 8, 2005. On March 9, 2005, the Corporation paid to The Stanley Foundation and The Holthues Trust the purchase price for the shares of Common Stock. Mr. Stanley is a Director of the Corporation, is Chairman, President and a director of The Stanley Foundation and President and a director of The Holthues Trust.

3/19/2004 Proxy Information

On November 15, 1995, Robert L. Katz and Associates, of which Dr. Katz is President, entered into a one-year agreement with the Corporation to provide certain consulting services for $5,000 per month. The agreement also provides for reimbursement of travel expenses and other reasonable out-of-pocket costs incurred on the Corporation's behalf and is automatically renewed each year unless notice of cancellation is given no later than 90 days prior to the end of the one-year term. The agreement has been renewed until May 2004. For 2003, the Corporation paid Robert L. Katz and Associates a total consulting fee of $60,000, plus $3,771 of expense reimbursement, for services rendered. The Board of Directors has evaluated the terms of the agreement with Dr. Katz in relation to the Corporation's director independence standards and has determined that Dr. Katz is independent under those standards.

3/24/2003 Proxy Information

On November 15, 1995, Robert L. Katz and Associates, of which Dr. Katz is President, entered into a one-year agreement with the Company to provide certain consulting services for $5,000 per month. The agreement also provides for reimbursement of travel expenses and other reasonable out-of-pocket costs incurred on the Company's behalf and is automatically renewed each year unless notice of cancellation is given no later than 90 days prior to the end of the one-year term. The agreement has been renewed for 2003. For 2002, the Company paid Robert L. Katz and Associates a total consulting fee of $60,000, plus $2,924 of expense reimbursement, for services rendered.

During 2002, the Company completed the agreement it made in late 2001 to purchase the residence of Mr. and Mrs. Richard H. Stanley located in Muscatine, Iowa. Mr. Stanley is a Director of the Company. The Stanleys owned the property for many years. The purchase price of approximately $200,000 was determined by taking the average of three appraisals conducted by independent, real estate appraisal firms. The Company originally intended to use the residence as temporary housing for executives in transit. In late 2002, the Company resold the residence for approximately the same amount it paid to purchase it.