On June 25, 2024, Anthony K. Anderson provided AAR CORP notice of his decision to not stand for re-election to the Board of Directors of the Company at the Company's next annual meeting of stockholders to be held on September 17, 2024. Accordingly, Mr. Anderson's term will expire at the annual meeting. Mr. Anderson's decision was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.