Wayside Technology Group, Inc. is saddened to report that the Company received notice on July 26, 2022 that Mr. Ross Crane, a member of the Company's Board of Directors, passed away on July 23, 2022. Mr. Crane joined the Company's Board of Directors in December 2019 as an independent director. Mr. Crane served as Chair of the Audit Committee of the Company's Board of Directors and was a member of the Nominating and Corporate Governance Committee.

Following Mr. Crane's death, the size of the Company's Board of Directors has been reduced to six members, five of whom are independent directors pursuant to the Nasdaq Stock Market LLC Listing Rules. In addition, the size of the Audit Committee has been reduced to two members, each of whom is an independent director pursuant to the Listing Rules.