Key Tronic dismisses BDO as auditor, appoints Moss Adams; cites prior remediated material weakness in inventory controls

KEY TRONIC CORP

Dismissed BDO USA (auditor since 2003) on Nov 23, 2021; no disagreements on accounting principles or audit scope.
Engaged Moss Adams LLP as new auditor for fiscal 2022, effective Nov 30, 2021, approved by Audit Committee.
BDO had reported a material weakness in internal controls over inventory accounting and monitoring for fiscal 2021, since remediated.
BDO's audit reports for FY2021 and FY2020 were unqualified; no adverse opinions issued.

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