Transcat, Inc. announced that on March 6, 2026, the Board of Directors appointed Jaime Irick to become the Company's President as of March 29, 2026. Jaime Irick, age 51, most recently served as the Chief Executive Officer of The Pittsburgh Paints Company, a multi-billion dollar paints, stains and building products company serving homeowners and professionals, from December 2024 to February 2025. Mr. Irick served as Senior Vice President, Architectural Coatings, U.S. and Canada, and Traffic Solutions of PPG Industries, Inc., a global manufacturer and distributor of paints, coatings and specialty products, where he led a team of 7,000 employees to deliver innovative products and services for their customers, from May 2022 to December 2024 after having served as Vice President, Architectural Coatings, U.S. and Canada, from May 2019 to May 2022.

Prior to his service at PPG, Mr. Irick was Vice President and President, Life Fitness, for Brunswick Corporation from January 2017 to December 2018. From 2003 to 2016, he held roles with increasing levels of responsibility in General Electric Company, including as a GE Company Officer. Before his business career, Mr. Irick served as a Field Artillery Officer in the U.S. Army for five years.

Mr. Irick currently serves as a member of the board of directors of Illinois Tool Works Inc., a Fortune 300 industrial manufacturer. Mr. Irick holds a degree in Systems Engineering from the United States Military Academy at West Point and an MBA from Harvard Business School. Also on March 6, 2026, the Board appointed Mr. Irick to fill the vacancy created by Mr. Rudow's resignation from the Board for a term expiring at the Company's 2027 annual meeting of shareholders.

Once his appointment is effective, Mr. Irick will serve on the Executive Committee. As previously disclosed, Lee D. Rudow will resign from the Board and transition to a senior advisory role effective as of March 28, 2026 to provide continuity for the Company through the fiscal year ending March 27, 2027.