On January 3, 2022, the Board of Directors of CyberOptics Corporation increased the size of its Board and appointed Dr. Cordell Hardy to its Board of Directors. Dr. Hardy has been employed by 3M Company since 2003, most recently as Senior Vice President, Corporate R&D Operations. Dr. Hardy also serves as Treasurer and on the Board of Directors of Minnesota Community Care.

On December 28, 2021 and effective as of December 31, 2021, Michael M. Selzer Jr. informed the Board of Directors of the company of his decision not to stand for re-election as a director at the company's 2022 Annual Meeting of Shareholders. Mr. Selzer will therefore retire from the Board of Directors effective upon the expiration of his current term at the 2022 Annual Meeting. Mr. Selzer's decision to retire is not due to any disagreement with the company on any matter related to its operations, policies or practices.