Results

Westell Technologies Inc.

11/08/2024 | Press release | Distributed by Public on 11/08/2024 18:10

Westell Announces 2024 Annual Meeting Results

Westell Announces 2024 Annual Meeting Results

November 08, 2024

AURORA, Ill., November 8, 2024 - Westell Technologies, Inc., a leading provider of high- performance network infrastructure solutions, today announced voting results from its 2024 Annual Meeting of Stockholders held on November 5, 2024 (the "Annual Meeting"). At the Annual Meeting, the stockholders voted on the one proposal as described below.

Proposal 1-Election of Directors:

Each nominee was duly elected at the Annual Meeting to serve as a director until the Company's 2025 Annual Meeting of Stockholders and received the number of votes indicated beside his name below.

Nominee

For

Withheld

Broker Non-Vote

Kirk R. Brannock

15,815,904

573,916

0

Timothy L. Duitsman

16,029,306

360,514

0

Robert W. Foskett

15,809,500

580,320

0

Walter J. Skipper

16,081,915

307,905

0

Cary B. Wood

15,595,703

794,117

0

Upon re-election to the Board of Directors at the Annual Meeting, each Director, except Mr. Duitsman, received a restricted stock grant for 3,012 shares of Class A Common Stock. The awards will vest 100% on the first anniversary of the grant date.

Mark A. Zorko, a member of the Board since 2017 and Chair of the Audit Committee and member of the Compensation Committee, completed his term as a director at the 2024 Annual Meeting. The Company thanks Mr. Zorko for his service on the Board and wishes him all the best in his future endeavors.

About Westell

Westell is a leading provider of high-performance wireless infrastructure solutions focused on innovation and differentiation at the edge of communication networks where end users connect. The Company's portfolio of products and solutions enable service providers and network operators to improve performance and reduce operating expenses. With millions of products successfully deployed worldwide, Westell is a trusted partner for transforming networks into high quality, reliable systems. For more information, please visit www.westell.com.

Westell Technologies, Inc. (Pink: WSTL) trades on the Pink Open Market. Investors can find Real- Time quote and market information for the Company on www.otcmarkets.com.

Twitter: @Westell_Tech

Westell Contact:

Tim Duitsman
President and Chief Executive Officer Westell Technologies
630-375-4373
[email protected]

Released November 8, 2024