On March 6, 2018, Park City Capital announced that it has provided its director nominees for the proxy contest it has initiated to elect a new board of directors at Resonant Inc.’s 2018 annual meeting of shareholders. Park City expressed its view that the Company’s board has failed to achieve a stock price for the Company that reflects the true value of the Company’s technology. Park City also expressed its view that the Company might be able to achieve a better outcome for shareholders by pursuing a sale of the Company. Park City also stated that it would nominate the following director candidates at the Company’s annual meeting of shareholders: Robert M. Pons, Lee M. Gopadz, Alan B. Howe, Jack H. Jacobs, Louis J. Basenese, and Michael J. Fox.