On January 13, 2022, David R. Castle provided Art's-Way Manufacturing Co., Inc. with notice of his intent to retire and not stand for reelection to the Board of Directors of the Company at the 2022 Annual Meeting of the Stockholders. Mr. Castle's decision not to pursue reelection was not a result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Mr. Castle will continue to serve as a director of the Company until the expiration of his term at the 2022 Annual Meeting of the Stockholders.