Director Kenneth W. Landini resigns effective July 23 citing board governance concerns; board disagrees

POWER SOLUTIONS INTERNATIONAL, INC.

Landini resigned July 23; board had declined to renominate him for re-election at the 2025 annual meeting.
Landini alleges he was not renominated due to insisting on fiduciary duties; board showed lack of concern on listing obligations and management compensation.
Board reviewed letter and disagrees with allegations; Landini given opportunity to review this disclosure.
At July 24 annual meeting, stockholders elected 7 directors, ratified BDO as auditor, approved executive compensation, and extended 2012 incentive plan to May 2028.
Plan amendment extends expiration from May 2026 to May 2028; approved by board and stockholders.

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