AstroNova, Inc. — fact timeline

AstroNova, Inc. entered into Agreement and Plan of Merger with Orion Merger Parent, Inc. and Orion MergerCo X, Inc. valued at $29.00 per share (effective 2026-06-16).

“On June 16, 2026, AstroNova, Inc., a Rhode Island corporation (the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among the Company, Orion Merger Parent, Inc., a Delaware corporation (“Parent”), and Orion MergerCo X, Inc., a Rhode Island corporation and a wholly owned subsidiary of Parent (“Merger Sub”), providing for the acquisition of the Company by Parent as described below.”

AstroNova, Inc. reported financial results for fiscal 2027 first quarter ended April 30, 2026.

“On June 8, 2026, we issued a press release reporting the financial results for our fiscal first quarter ended April 30, 2026. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.”

AstroNova, Inc. entered into Settlement with Eloi Serafim Alves Ferreira, Effort Premier Solutions, LDA., Atlantiprestigio – Imobiliaria, S.A. valued at €2.5 million (effective 2026-05-15).

“On May 15, 2026 we, together with our subsidiaries AstroNova Portugal, Unipessoal (“AstroNova Portugal”) and MTEX New Solution, S.A. (“MTEX”) entered into a settlement (the “Settlement”) with Eloi Serafim Alves Ferreira, Effort Premier Solutions, LDA. (“Effort”) and Atlantiprestigio – Imobiliaria, S.A. (“Atlantiprestigio”)”

AstroNova, Inc. reported fiscal year ended January 31, 2026 results: revenue $150.5 million.

“Fourth quarter revenue of $37.5 million and fiscal 2026 revenue of $150.5 million, in line with guidance • Fourth quarter net loss was $1.1 million, or $0.15 per diluted share”

AstroNova, Inc. reported fiscal 2026 fourth quarter results: revenue $37.5 million, net income $1.1 million, EPS $0.15 per diluted share.

“Fourth quarter revenue of $37.5 million and fiscal 2026 revenue of $150.5 million, in line with guidance • Fourth quarter net loss was $1.1 million, or $0.15 per diluted share”

AstroNova, Inc. amended credit facility of Increase in revolving commitment from $25,000,000 to $27,500,000 until July 31, 2026, then $25,000,000; new term loan of with Bank of America, N.A. at SOFR-based rate plus margin 1.60%-3.25% or prime-based rate plus margin 0.60%-2. maturing Revolving facility matures August 4, 2028; Term Loan matures August 4, 2028; Term A-2 Loan matures August 4, 2035.

“On October 31, 2025, AstroNova, Inc. (the “Company”) entered into a Sixth Amendment to Amended and Restated Credit Agreement (the “Amendment”) with Bank of America, N.A., as lender (the “Lender”). The Amendment amended the Amended and Restated Credit Agreement dated as of July 30, 2020, as amended by the First Amendment to Credit Agreement, dated as of March 24, 2021, the LIBOR Transition Amendment, dated as of December 14, 2021, the Second Amendment to Amended and Restated Credit Agreement dated as of August 4, 2022, the Joinder Agreement relating to the Company’s subsidiary Astro Machine Corporation (“Astro Machine”) dated as of August 26, 2022, the Third Amendment to Amended and Restated Credit Agreement dated as of May 6, 2024, the Fourth Amendment to Amended and Restated Credit Agreement dated as of March 20, 2025, and the Fifth Amendment to Amended and Restated Credit Agreement and Waiver Agreement dated as of September 8, 2025 (the “Existing Credit Agreement”; the Existing Credi”

Darius G. Nevin was elected as director at AstroNova, Inc..

“On March 28, 2025, our Board of Directors increased the size of the Board of Directors to six members and elected Darius G. Nevin as a director for a term expiring at our 2025 annual meeting of shareholders.”

AstroNova, Inc. amended credit facility of $9,450,000 with Bank of America, N.A. at Term SOFR rate plus 1.60% to 2.85% or fluctuating reference rate plus 0.60% to 1 maturing quarterly installments through April 30, 2027; final August 4, 2027.

“Agreement) under the Amended Credit Agreement (the “ Term Loan ”) must be paid; the outstanding principal balance of the Term Loan as of the effective date of the Amendment is $9,450,000. Under the Amended Credit Agreement, such remaining quarterly installments must be paid on the last day of each fiscal quarter of the Company through April 30, 2027 in the”

David S. Smith departed as Vice President, Chief Financial Officer and Treasurer at AstroNova, Inc..

“David S. Smith announced his decision to retire from his positions as Vice President, Chief Financial Officer and Treasurer of AstroNova, Inc.”

Thomas DeByle was appointed as Vice President, Chief Financial Officer and Treasurer at AstroNova, Inc..

“On June 19, 2024, the Company announced that Thomas DeByle, age 64, became the Company’s Vice President, Chief Financial Officer and Treasurer, effective June 17, 2024.”

David S. Smith retired as Vice President, Chief Financial Officer and Treasurer at AstroNova, Inc..

“On June 17, 2024, David S. Smith announced his decision to retire from his positions as Vice President, Chief Financial Officer and Treasurer of AstroNova, Inc. (the “Company”), effective immediately”

AstroNova, Inc. amended credit facility of EUR 14,000,000 new term loan and increase in revolving credit facility from $25,000,000 to $30,000,000 with Bank of America, N.A. at EURIBOR plus 1.60%-2.50%; Term SOFR plus 1.60%-2.50% or reference rate plus 0.60 maturing Term A-2 Loan due August 4, 2027; revolving facility due August 4, 2027.

“Company as borrower, Astro Machine as a guarantor, and the Lender. 2 The Amended Credit Agreement provides for (i) a new term loan to the Company in the principal amount of EUR 14,000,000 (the “ Term A-2 Loan ”), which term loan is in addition to the existing term loan (the “ Existing Term Loan ”) outstanding under the Existing Credit Agreement in the principal”

AstroNova, Inc. entered into Share Purchase Agreement with Effort Premier Solutions Lda. valued at EUR 17,268,345 (effective 2024-05-04).

“On May 4, 2024, AstroNova, Inc. (the “ Company ”) as “ First Guarantor ”, along with its wholly-owned Portugal Subsidiary, AstroNova Portugal, Unipessoal, Lda (the “ Purchaser ”) entered into a Share Purchase Agreement (the “ Purchase Agreement ”) with Effort Premier Solutions Lda., a private limited company incorporated under the laws of Portugal (the “ Seller ”) and Elói Serafim Alves Ferreira, as the “ Second Guarantor ”.”

AstroNova, Inc. updated its fiscal fourth quarter and full year ended January 31, 2024 guidance (initiated).

“On March 22, 2024, we issued a press release reporting the financial results for our fiscal fourth quarter and full year ended January 31, 2024.”

AstroNova, Inc. reported the fiscal 2024 third quarter ended October 28, 2023 results: revenue $37.5 million, net income $2.8 million, EPS $0.37 per diluted share.

“AstroNova Reports Fiscal 2024 Third-Quarter Financial Results Company to Host Conference Call at 9:00 a.m. ET Today Third-Quarter Fiscal 2024 Financial Highlights Revenue of $37.5 million, down 4.7% year over year (YoY) Gross margin of 39.4%, up 770 basis points YoY Operating margin of 12.3%, up 890 basis points YoY Diluted EPS of $0.37, up 825% YoY Record”

AstroNova, Inc. reported second quarter ended July 29, 2023 results: revenue $35.5 million, net income net loss of $1.6 million, or $0.22 per share.

“ALOT), a global leader in data visualization technologies, today announced financial results for the second quarter ended July 29, 2023. Summary Second-quarter revenue of $35.5 million, up 10% YoY, driven by Astro Machine acquisition and continued momentum in aerospace industry Second-quarter GAAP results included pre-tax strategic restructuring charges and”

AstroNova, Inc. announced a restructuring with charges of approximately $3.2 million affecting Product Identification segment.

“Product Identification segment restructuring plan, in the second quarter of our fiscal year 2024 we expect to record pre-tax restructuring and other charges of approximately $3.2 million, comprised primarily of non-cash charges of approximately $1.7 million related to inventory write-offs related to product curtailment and discontinuation, and cash charges of”

AstroNova, Inc. shareholders approved Ratify the appointment of Wolf & Company, P.C. as our independent registered public accounting firm for our fiscal year ending January 31, 2024. at the 2023-06-06 meeting.

“4. To ratify the appointment of Wolf & Company, P.C. as our independent registered public accounting firm for our fiscal year ending January 31, 2024. For Against Abstain Broker Non-Votes 6,607,197.59 7,578 2,651.80 0”

AstroNova, Inc. shareholders approved Approve an amendment to the AstroNova, Inc. 2018 Equity Incentive Plan to increase the number of shares of common stock available for issuance thereunder by 600,000 shares. at the 2023-06-06 meeting.

“3. To approve an amendment to the AstroNova, Inc. 2018 Equity Incentive Plan to increase the number of shares of common stock available for issuance thereunder by 600,000 shares. For Against Abstain Broker Non-Votes 4,281,383.59 644,843.80 3,774 1,687,426 4.”

AstroNova, Inc. shareholders approved Advisory (non-binding) proposal on the compensation paid to our named executive officers. at the 2023-06-06 meeting.

“2. To approve, on an advisory, non-binding basis, the compensation paid to our named executive officers. For Against Abstain Broker Non-Votes 4,742,236.59 183,486.80 4,278 1,687,426 2”

AstroNova, Inc. shareholders approved Election of five directors to serve until the next annual meeting of shareholders. at the 2023-06-06 meeting.

“1. Election of directors. Nominee For Withheld Broker Non-Votes Alexis P. Michas 4,755,271.59 174,729.80 1,687,426 Mitchell I. Quain 4,186,815.59 743,185.80 1,687,426 Yvonne E. Schlaeppi 4,681,926.59 248,074.80 1,687,426 Richard S. Warzala 4,670,710.59 259,290.80 1,687,426 Gregory A. Woods 4,750,060.59 179,940.80 1,687,426”

AstroNova, Inc. reported first quarter ended April 29, 2023 results: revenue $35.4 million, net income $0.8 million, EPS $0.11 per diluted share.

“Revenue of $35.4 million, up 14.2% Operating income of $1.5 million, up 91.2% Net income of $0.8 million, up 99.5% Earnings per diluted share of $0.11, up 83.3%”

AstroNova, Inc. reported full year ended January 31, 2023 results: revenue $142.5 million, net income $2.7 million, EPS $0.36 per diluted share.

“Revenue of $142.5 million Operating income of $5.4 million Net income of $2.7 million, or $0.36 per diluted share”

AstroNova, Inc. reported fourth quarter ended January 31, 2023 results: revenue $39.9 million, net income $1.4 million, EPS $0.18 per diluted share.

“Revenue of $39.9 million Operating income of $2.1 million Net income of $1.4 million, or $0.18 per diluted share”

AstroNova, Inc. reported fiscal 2023 third quarter ended October 29, 2022 results: revenue $39.4 million, net income $0.3 million, EPS $0.04 per diluted share.

“AstroNova Announces Third-Quarter Fiscal 2023 Financial Results Record Quarterly Revenue of $39.4 Million, Up 36.6% on Acquisition of Astro Machine and Base Business Growth in Both Segments GAAP Operating Income of $1.3 Million, Margin Up 240 Basis Points; Adjusted Operating Income of $2.1 Million, Margin Up 420 Basis Points GAAP Earnings Per Diluted Share Improves to $0.04, Non-GAAP EPS Increases to $0.11”

Jean Bua departed as Director at AstroNova, Inc..

“Ms. Jean Bua notified us that she will not stand for re-election as a member of our Board of Directors at our 2022 annual meeting of shareholders (the “Annual Meeting”) and will step off of our Board of Directors when her term ends, effective as of the Annual Meeting.”