On March 31, 2022, the Board of Directors of FuelCell Energy, Inc. appointed Mark Feasel to serve as the Company's Executive Vice President and Chief Commercial Officer, effective April 18, 2022. In connection with Mr. Feasel's appointment as the Company's Executive Vice President and Chief Commercial Officer, Jason Few, the Company's President, Chief Executive Officer and Chief Commercial Officer, resigned his role of Chief Commercial Officer effective March 31, 2022. Mr. Few will remain in his positions as President and Chief Executive Officer of the Company.

Mr. Feasel, age 51, served as President, Smart Grid – North America of Schneider Electric USA (“Schneider Electric”), a multinational energy efficiency and automation provider, from December 2019 to April 18, 2022. Prior to that, he served Schneider Electric as Vice President, Electric Utility Segment & Smart Grid from July 2012 to December 2019, as Vice President, Sales and Marketing from November 2010 through July 2012, and as Director, Sales and Marketing from March 2005 to November 2010. As President, Smart Grid – North America, Mr. Feasel has responsibility for the Electric Utility segment, Smart Grid, and Microgrid for Schneider Electric in North America.

Throughout his career at Schneider Electric, he has held leadership roles in Energy Management, Power Quality, Utility Solutions, Oil & Gas Solutions, Electrical Distribution Protection and Automation, and Microgrids. Mr. Feasel joined Schneider Electric in 2005 through the company's acquisition of Power Measurement, Inc., and began his career with the United States Navy serving in the Electrical Division where he was responsible for the operation and maintenance of the systems associated with the nuclear reactor plant on a ballistic missile submarine. In addition to his role at Schneider Electric, Mr. Feasel has also served as an Adjunct Professor at Northwestern University since June 2020, where he teaches Electric Utility Grid Planning and Operations for the Master of Science in Energy and Sustainability Program.