MYR Group Inc.'s Corporate Governance Principles provide that directors are expected to tender their resignations immediately after the first annual meeting of stockholders following their 72nd birthday. In accordance with this policy, on April 20, 2023, Maurice E. Moore notified the Company of his decision to retire as a member of the board of directors (the Board"), effective as of April 21, 2023. Mr. Moore served as a director since 2010 and as Chair of the Audit Committee.

Mr. Moore's retirement is not the result of any disagreement with the Company or the Board, and management expressed sincere appreciation for his 13 years of dutiful service. Mr. Moore was a Class II director. Following the resignations of Mr. Moore the Board approved a reduction in the size of the Board from nine directors to eight directors and a reduction in the size of Board Class II from three directors to two directors, effective April 21, 2023.