AstroNova appoints Shawn Kravetz to board under cooperation agreement with Askeladden Capital

AstroNova, Inc.

Board increased to seven directors; Kravetz appointed independent, joins Nominating and Governance Committee.
Askeladden commits to standstill, voting support, and beneficial ownership cap of 9.99% of shares.
Company reimburses Askeladden $236,508 in expenses under the cooperation agreement.
Cooperation period ends day after 2026 annual meeting; standstill may terminate earlier on company breach.
Kravetz is Founder/President/CIO of Esplanade Capital; also serves on Spruce Power Holding Corp. board.

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