On March 8, 2023, James F. Lafond, a director of VSE Corporation (the “Company”), notified the Company of his intention to retire from the Company's Board of Directors (the “Board”) and not to stand for re-election to the Board, effective at the conclusion of his term at the Company's 2023 Annual Meeting of Stockholders on May 3, 2023. Mr. Lafond's retirement was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. In connection with Mr. Lafond's retirement, the Board approved a decrease in the size of the Board from ten to nine directors, effective upon the conclusion of Mr. Lafond's term at the Company's 2023 Annual Meeting of Stockholders on May 3, 2023.

In addition, based on the recommendation of the Nominating and Corporate Governance Committee, the Board appointed Anita D. Britt to serve as the Chair of the Audit Committee of the Board to replace Mr. Lafond, effective upon the conclusion of Mr. Lafond's term at the Company's 2023 Annual Meeting of Stockholders on May 3, 2023. Ms. Britt joined the Company's Board of Directors in July 2022 and currently serves as a member of the Audit Committee.