On July 13, 2020, Matthew Goldman resigned as a member of the board of directors and any committees thereof of Polar Power, Inc. Mr. Goldman did not resign as a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. As a result of Mr. Goldman’s resignation, there will be one vacancy on the Board which the Company intends to fill through a robust and comprehensive search process. On July 13, 2020, upon the recommendation of the nominating and corporate governance committee of the Board and as a result of Mr. Goldman’s resignation, the Board appointed Katherine Koster as a member of the audit committee of the Board and Peter Gross as a member and chair of the compensation committee of the Board and nominating and corporate governance committee of the Board.