On June 10, 2026, ESAB Corporation appointed Mitchell P. Rales as Executive Chair of the Board of Directors, effective as of June 10, 2026. As Executive Chair, Mr. Rales will remain Chairman of the Board and continue working with Mr. Kambeyanda on ESAB?s ongoing growth, building on the partnership they have established to continue the Company?s transformation. Mr. Rales has been instrumental in the Company's growth and evolution since he joined the Board and was appointed Chairman in April 2022.

The Board also appointed Rhonda Jordan as Lead Independent Director of the Board, effective as of June 10, 2026. The Lead Independent Director will coordinate the activities of the independent directors, serve as liaison between the independent directors and the Executive Chair of the Board, serve as chair of executive sessions of the independent directors, and have such additional responsibilities as in the Company's Corporate Governance Guidelines.