DMC Global agrees to appoint new independent director; two directors not renominated

DMC Global Inc.

DMC and activist Bradley Radoff enter cooperation agreement to add a new independent director with building products experience.
Board will commence formal search with search firm; Radoff may suggest up to three candidates.
Directors Robert Cohen and Richard Graff will not stand for re-election at 2024 annual meeting.
Board size to reduce from nine to seven directors after annual meeting, subject to new director addition.
Radoff withdraws director nominations and agrees to standstill and voting commitments.

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