LifeVantage Corporation announced the appointment of Dayton Judd to the Company?s Board of Directors, effective immediately, in an expansion of the Board. The Company has had discussions with Bradley L. Radoff and Sudbury Capital Fund, LP (collectively with certain of their affiliates, the ?Radoff-Sudbury Group?), which owns approximately 12.6% of the Company?s outstanding stock, since the Company?s fiscal year 2024 annual meeting of shareholders held on November 6, 2023. The appointment of Dayton Judd to the Board is in connection with a Cooperation Agreement entered into between the Company and the Radoff-Sudbury Group.

Dayton Judd has served as the Chief Executive Officer of FitLife Brands Inc., since February 2018, and founder and Managing Member of Sudbury Capital Management, LLC, a provider of investment advisory services, since 2012. Prior to that, he served as a Portfolio Manager for Q Investments, L.P., a multi-billion-dollar hedge fund, from 2007 through 2011, and held various positions at McKinsey & Company Inc., a global management consulting firm, from 1996 to 1998 and again from 2000 to 2007. Mr. Judd currently serves as Chairman of FitLife, where he has served as a director since 2017, and has also served as a director of Optex Systems Holdings Inc., a manufacturer of optical sighting systems and assemblies, since October 2022, where he also serves as Audit Committee Chair.

Mr. Judd is a Certified Public Accountant. He received an M.B.A. with high distinction from Harvard Business School, where he was a Baker Scholar, and earned his M.S. and B.S., summa cum laude, in Accounting from Brigham Young University. Mr. Judd has also been appointed to the Audit Committee and the Nominating and Corporate Governance Committee of the Board effective as of February 14, 2024.

Mr. Judd will receive the same compensation for his service as a director as the compensation received by other non-management directors on the Board.