On June 15, 2022, David B. Peters notified TransAct Technologies Incorporated (the Company) that he intends to resign as Vice President and Chief Accounting Officer, effective July 8, 2022. Mr. Peters has served as the Company's principal accounting officer since March 1, 2018. Mr. Peters' decision to resign was not the result of any disagreement with the Company.

In connection with Mr. Peters' resignation, Mr. Steven A. DeMartino, the Company's President, Chief Financial Officer, Treasurer and Secretary, will assume the role and responsibilities of principal accounting officer on an interim basis as of the effective date of Mr. Peters' resignation.