VSE Corporation announced that after thirty-two years of service as a director of the company, on March 5, 2024, Calvin Koonce notified the company of his intention to retire from the company?s Board of Directors (Board) and not to stand for re-election to the Board, effective at the conclusion of his term at the Company?s 2024 Annual Meeting of Stockholders on May 21, 2024. In connection with Mr. Koonce?s retirement, the Board approved a decrease in the size of the Board from nine directors to eight directors, effective upon the conclusion of Mr. Koonce?s term at the Company?s 2024 Annual Meeting of Stockholders on May 21, 2024. After more than thirty-two years of service to the Fleet Segment of the Company, on February 29, 2024, Chad M. Wheeler, the company?s Group President for the Fleet Segment, gave notice that he will resign from his position as Group President with an effective date to be set later in 2024.

In connection with his resignation as Group President, Mr. Wheeler will remain an employee of the Company and will serve in his current role and capacity through the effective date of the resignation. After he resigns his position as Group President, Mr. Wheeler will serve in a transition role until his departure later in 2024. Mr. Wheeler?s departure is not related to the operations, policies, or practices of the Company.