Tennant Company announced that James T. Glerum, Jr. and Patrick Allen have been appointed to the Company?s Board of Directors as independent directors, effective immediately. With these appointments, the Board will expand in size to 11 directors, 10 of whom are independent. James T. Glerum, Jr. retired as Vice Chairman, Investment Banking at Citigroup in July 2024.

Prior to joining Citigroup in 2011, he held senior leadership positions in investment banking at UBS and Credit Suisse. Over his 40-year investment banking career, Mr. Glerum executed more than 325 corporate finance and strategic transactions with an aggregate value of over $500 billion. His clients spanned multiple industry sectors, including manufacturing, healthcare, consumer and retail.

Mr. Glerum currently serves on the Board of Directors of Amcor and on the boards of trustees for several non-profit institutions, including Denison University, The Ravina Festival and The Griffin Museum of Science. He earned a master?s degree in business administration from Harvard Business School and a bachelor?s degree, cum laude, in Economics and Mathematics from Denison University. Patrick Allen most recently served as Chief Financial Officer of Collins Aerospace from 2018 until his retirement in 2020.

Prior to that, Mr. Allen served as Chief Financial Officer of Rockwell Collins Inc. In that role, he oversaw all financial functions for the company including financial planning, accounting, treasury, audit and tax. Before joining Rockwell Collins, he spent several years at Rockwell International, where he served in various financial leadership roles including Vice President & Treasurer, Vice President of Financial Planning and Assistant Controller. Mr. Allen began his career at Deloitte & Touche as an auditor and successfully passed the certified public accountancy examination.

He currently serves on the board of directors of Alliant Energy, where he is Chairman. Mr. Allen earned a bachelor?s in finance from Penn State University. In connection with the appointment of Mr. Allen, Tennant has entered into a cooperation and standstill agreement with Vision One.

Tennant?s Board of Directors has committed to including a proposal in the 2027 proxy statement to declassify the Company?s Board.