On November 22, 2019, Laura Pecoraro, who serves as Vice President, Finance of Perceptron, Inc. and as the company’s principal financial officer and principal accounting officer, informed the company of her decision to resign from the Company. Ms. Pecoraro will remain with the Company during a transition period that is expected to last until mid to late January 2020. The Company’s Board of Directors is in the process of identifying her replacement.