On April 4, 2018, American Superconductor Corporation and James F. Maguire, a former executive officer who was a named executive officer in Definitive Proxy Statement on Schedule 14A, filed with the Securities and Exchange Commission on June 16, 2017, agreed to certain changes to Mr. Maguire’s responsibilities and compensation. Mr. Maguire will no longer be directly responsible for worldwide engineering and strategic marketing but will remain as Executive Vice President, Technology, of the company, in which capacity he will serve as a senior advisor to the leadership team and manage strategic projects and new technologies.