On May 19, 2020, James H. Stanker, a member of the board of directors of GSE Systems, Inc. informed the Company that he will not stand for re-election to the Board. Mr. Stanker’s tenure as a member of the Board will cease as of the close of the 2020 Annual Meeting of Stockholders of the Company (the “Annual Meeting”) in the event that his successor is duly elected and qualifies, or, alternatively, Mr. Stanker intends to resign as a director at the close of the Annual Meeting.