Steven Richman has served as a member of our board of directors since October 2022. Mr. Richman serves as Group President of Milwaukee Tool and is responsible for all aspects of its business. Mr. Richman has over 25 years of experience in the management of industrial, electrical, plumbing, and retail distribution channels. He has held key management positions with Black and Decker, served as President of SKIL and Bosch Power Tools, and as President and CEO of Werner Co. Mr. Richman holds a Bachelor’s degree from UCLA. We believe Mr. Richman is qualified to serve on our board of directors because of his extensive leadership experience, and his knowledge of manufacturing, product development, sales, and marketing.