Ideal Power appoints Freeman and Knight to board committees, resolves Nasdaq audit committee compliance

Ideal Power Inc.

Drue Freeman appointed Chair of Nominating and Corp Gov Committee and member of Audit Committee.
Greg Knight appointed Chair of Compensation Committee and member of Audit and Nominating committees.
Company believes it has regained compliance with Nasdaq Listing Rule 5605(c)(2)(A) with three independent directors on Audit Committee.
Appointments effective April 13, 2022; follow prior director appointments effective April 4.

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