Schmitt Industries, Inc. announced the appointment of Alex Zyngier as the fifth member of the Company's Board of Directors (the "Board") effective October 22, 2021. Mr. Zyngier is an "independent director" according to the rules of the Securities and Exchange Commission and The NASDAQ Stock Market and his appointment creates a majority of independent directors on the Board in compliance with NASDAQ requirements. Effective October 22, 2021, Steven Strom resigned from the Board of Directors. Mr. Strom's resignation was not the result of any disagreements with the Company on any matters relating to its operations, policies and practices.