On March 27, 2024, Arrow Electronics, Inc. determined to appoint Eric Nowak to succeed Kristin D. Russell as the Company's President, Global Enterprise Computing Solutions effective as of April 2, 2024. Ms. Russell will cease to be an employee of the Company after such date, and she will be eligible for separation benefits based on her termination without cause as described in the Arrow Electronics, Inc. Executive Severance Policy previously filed with the Securities and Exchange Commission. Mr. Nowak has been employed by the Company for over 19 years and has served as the Company's President of EMEA & ANZ Enterprise Computing Solutions since 2014.