Orion Energy Systems, Inc. announced, effective October 16, 2019, Marc Meade, the Executive Vice President of the Company has voluntarily transitioned into the newly created role of Senior Vice President Operations Planning and Business Development. The role will allow Mr. Meade to focus on building the Company’s operations infrastructure to support the Company’s ongoing growth. The role will include fewer responsibilities, which were requested by Mr. Meade in order to devote more time to his family. Due to this change in responsibilities, Mr. Meade will no longer be an executive officer of the Company and will no longer participate in the current or future annual or future long-term compensation plans made available to the Company’s senior executives. In connection with Mr. Meade’s transition into this new role, the Company and Mr. Meade entered into an amendment to Mr. Meade’s existing Executive Employment and Severance Agreement (the “Amendment”). Pursuant to the Amendment, Mr. Meade will assume the newly created position of Senior Vice President — Operations Planning and Business Development.