On July 7, 2020, Brian Baker, citing the need for a reduced work schedule to allow more flexibility to address health issues relating to the COVID-19 virus, has stepped down as Chief Executive Officer of Dynatronics Corporation (Dynatronics or Company), effective immediately. Mr. Baker will continue to serve as a member of the Companys board of directors and subject to the conditions and provisions of the Companys equity incentive plans, equity awards held by Mr. Baker will continue to vest and be exercisable according to their respective terms. The Board of Dynatronics has named John Krier as the Companys Chief Executive Officer effective July 7, 2020. Mr. Krier has served as Chief Financial Officer of Dynatronics since March 2020. Mr. Krier will continue to serve as the Companys Chief Financial Officer on an interim basis until a successor has been identified and engaged.