On August 4, 2021, Lakeview Investment Group & Trading Company, LLC, issued a statement regarding the results of Tessco Technologies Incorporated’s 2021 annual meeting of stockholders. Lakeview announced that Tessco stockholders had spoken and delivered a clear and convincing vote of no confidence in Chairman Paul Gaffney, with approximately 53% of the votes cast against his re-election to the board. It is now incumbent on the board to carry out the will of stockholders and accept Gaffney’s resignation without delay. Lakeview also believed that the annual meeting results, including stockholders’ staunch opposition to CEO Sandip Mukerjee, represent a strong statement of support for the view that a sale of the Company is in the best interests of all stockholders. Accordingly, Lakeview reiterated the call for the board to immediately commence a full and fair process to sell the Company with the singular goal of maximizing value for all stockholders.