International Baler Corporation announced that on September 23, 2021, Victor Biazis, Chief Executive Officer and President of International Baler Corporation, informed the Company of his intention to resign from these positions. On September 23, 2021, the Board appointed William Nielsen, the Company’s Chief Financial Officer, to serve as the Company’s Interim Chief Executive Officer, effective as of September 24, 2021. Mr. Nielsen is expected to serve until the Company completes a search and appoints a new Chief Executive Officer. Mr. Nielsen, has served as the Company’s Chief Financial Officer since 1994 and previously as the Company’s Chief Executive from May 2001 to July 2007 and from January 2017 to September 2018.