Capstone Companies, Inc. announced that James McClinton submitted his resignation as Chief Financial Officer and Chief Financial Officer of Capstone Industries, Inc., a wholly-owned subsidiary of the Company, which resignation is effective as of November 30, 2022. Mr. McClinton's notice of intent to resign was received by the Company on November 16, 2022. His resignation is due to personal health reasons.

Mr. McClinton has no disagreement with the Company on any matter relating to its operations, policies or practices.