Mcgrath Rentcorp announced that at the 2023 annual meeting of shareholders held on June 7, 2023 Messrs. Dennis P. Stradford and M. Richard Smith did not stand for reelection and resigned as of the Annual Meeting. Subsequent to the resignation of Messrs.

Stradford and Smith, the Board approved a resolution reducing the number of directors on the Board from 9 to 7, effective as of the Annual Meeting.