Director James H. Hugar to retire, will not stand for re-election at 2025 annual meeting

Great Elm Group, Inc.

James H. Hugar notified Great Elm Group on Oct 13, 2025 of his retirement and decision not to stand for re-election at the 2025 annual meeting.
He will continue serving as director until the date of the 2025 annual meeting.
His departure is not the result of any disagreement with the Company on operations, policies, or procedures.
Chairman and CEO Jason Reese praised Hugar’s accounting expertise and contributions over the past five years.

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