Traeger, Inc. announced the appointment of Steven P. Richman, Group President of Milwaukee Tool, to the Company's Board of Directors, effective October 3, 2022. Mr. Richman will serve as a member of the Compensation Committee. Mr. Richman was appointed Group President of Milwaukee Tool in January 2007 and is responsible for all aspects of its business.

Under Mr. Richman's leadership, Milwaukee Tool has achieved annual topline growth of 20% and has increased its US workforce by seven-fold over the last decade. He has over 25 years of experience in the management of industrial, electrical, plumbing, and retail distribution channels. He has held key management positions with Black and Decker, served as President of SKIL and Bosch Power Tools, and as President and CEO of Werner Co.

Mr. Richman contributes an extensive knowledge of manufacturing, product development, sales, and marketing. Mr. Richman holds a Bachelor's degree from UCLA.