On November 15, 2018, the Board of Directors of LightPath Technologies, Inc. appointed Joseph Menaker to serve on the Board effective immediately. Dr. Menaker was appointed to fill a vacancy created by Board to expand the size of Board from seven to eight directors. Dr. Menaker will serve as a Class I director until annual stockholders’ meeting proposed to be held in fiscal 2020, and until his successor is elected and qualified. Dr. Menaker previously served as a consultant to the Board beginning in March 2018 until his appointment to the Board, and prior to that was a consultant to the company beginning in December 2016. From 1998 to 2016, he served as President of ISP Optics Corporation and as a director of its wholly owned subsidiary, ISP Optics Latvia (collectively, “ISP”) until acquired by them in December 2016.