On May 21, 2019, John W. Wood, Jr., informed the Board of Directors of American Superconductor Corporation of his resignation from the Board of Directors of the Company, effective May 24, 2019. On May 21, 2019, the Board elected a new director, Barbara G. Littlefield, effective at the Effective Time. Ms. Littlefield will also be appointed to the Audit Committee of the Board, effective as of the Effective Time. She has no relationships or transactions with the Company that are required to be disclosed pursuant to Item 404(a) of Regulation S-K, nor are there any arrangements or understandings with other persons pursuant to which she was selected as a director.