MITQ · Moving iMage Technologies, Inc.

Moving iMage Technologies announced the retirement of CFO William F. Greene effective April 27, 2026, and the appointment of Bart Bedard as his successor. Greene's departure is not due to any disagreement with the company, and he will provide advisory support through October 2026 to ensure a smooth transition. Bedard, age 70, brings over 30 years of financial leadership experience, including roles at Goodrich and L-3 Harris Technologies, and most recently as a financial consultant for private equity-backed companies. His compensation package includes a $200,000 base salary, a $10,000 signing bonus (subject to pro-rata repayment if he resigns within 12 months), and 75,000 stock options with 25% immediate vesting and the remainder vesting annually over three years. The options fully accelerate upon a change of control. This executive change is significant for investors as it marks a leadership transition in a key financial role, with Bedard's experience expected to support the company's growth and operational development.