As previously announced, on June 20, 2022, Frederick S. Hencken III, the current Chief Financial Officer of Capstone Green Energy Corporation (Company), notified the Company of his resignation and of his intentions to depart the Company on July 8, 2022. Mr. Hencken has agreed to remain with the Company until the date the Company files its Annual Report on Form 10-K for the fiscal year ended March 31, 2022 (the “CFO Transition Date”). On July 8, 2022, the Board of Directors of Capstone Green Energy Corporation (the “Company”) appointed Scott Robinson as Interim Chief Financial Officer (serving as the Company's principal financial officer and principal accounting officer), Treasurer and Secretary (“Interim CFO”) of the Company, effective on the first day following the CFO Transition Date, until the position of Chief Financial Officer, which is the subject of a nationwide search, is permanently filled.

Mr. Robinson, 67, currently serves as an executive consultant with Vaco, LLC (“Vaco”), a company that provides senior level financial professionals on an interim basis. Prior to joining the Company, Mr. Robinson served in executive finance and accounting positions with various companies, including as CFO at Lear Capital Inc. a precious metals leader from 2012 until 2021, and as Senior Vice President, Finance at JAKKS Pacific Inc. from 2004 until 2009. He was also previously the Director of Finance at the Walt Disney Company.

Mr. Robinson began his career as a Senior Accountant and Senior Management Consultant at Deloitte. Mr. Robinson is a Certified Public Accountant (inactive), and a graduate of the University of Southern California, with an MBA from the University of California.