Xcerra Corporation announced that on October 1, 2018, in connection with the consummation of the Merger, each of Roger G. Blethen, David G. Tacelli, Mark S. Ain, Roger J. Maggs, Jorge Titinger and Bruce R. Wright ceased to be directors of the Company. On October 1, 2018, in connection with the consummation of the Merger, each of Jeffrey D. Jones, Luis A. Müller
and Thomas D. Kampfer became directors of the Company. On October 1, 2018, (i) David G. Tacelli, the Company's President and Chief Executive Officer, resigned from his position as an officer of the Company and (ii) Mark J. Gallenberger, the Company's Chief Operating Officer and Chief Financial Officer, resigned from his position as an officer of the Company. On October 1, 2018, effective as of immediately following the resignations of David G. Tacelli and Mark J. Gallenberger, (i) Luis A. Müller was appointed as President of the Company and (ii) Jeffrey D. Jones was appointed Vice President, Finance, Treasurer and Chief Financial Officer of the Company.