On November 10, 2015, the Board of Directors of Perceptron, Inc. (the “company”) appointed David Watza, Senior Vice President, Finance and Chief Financial Officer, as the company's principal accounting officer, effective December 11, 2015. This appointment was made in connection with the retirement of Sylvia Smith, the company's current Vice President, Controller and Chief Accounting Officer, which will be effective December 11, 2015.