On September 21, 2022, Mr. Gene Padgett, the Chief Accounting Officer of DXP Enterprises, Inc. (the Company), informed the Company of his resignation from his position as Chief Accounting Officer of the Company effective October 10, 2022. Mr. Kent Yee, the Company's Chief Financial Officer and Senior Vice President Corporate Development will serve as principal accounting officer of the Company effective October 10, 2022 until further notice. Mr. Yee, age 47, currently serves as a member of the Board of Directors of the Company, Chief Financial Officer and Senior Vice President Corporate Development and leads the Company's acquisitions, finance, accounting, business integration and human resource activities.

During March 2011, Mr. Yee joined the Company from Stephens Inc.'s Industrial Distribution and Services team where he served in various positions. Prior to Stephens, Mr. Yee was a member of The Home Depot's Strategic Business Development Group with a primary focus on acquisition activity for HD Supply. Mr. Yee was also an Associate in the Global Syndicated Finance Group at JPMorgan Chase.

He has executed over 45 transactions including more than $1.5 billion in M&A and $3.4 billion in financing transactions primarily for change of control deals and numerous industrial and distribution acquisition and sale assignments. He holds a Bachelors of Arts in Urban Planning from Morehouse College and an MBA from Harvard University Graduate School of Business.