On October 23, 2023 (?Effective Date?), the Board of Directors (?Board?) of Fathom Digital Manufacturing Corporation (the ?Company?) appointed Carey Chen as the Chief Executive Officer (?CEO?) of the Company, effective immediately. Mr. Chen will also remain a member of the Board. Mr. Chen will succeed Ryan Martin, who is no longer serving as the Company?s Chief Executive Officer or as a member of the Board as of the Effective Date.

Mr. Martin?s last day of employment shall be October 31, 2023. Mr. Chen, age 50, has served as a member of the Board since the Company became publicly-listed in 2021. He served as a director of the company?s predecessor companies dating back to 2019.

Mr. Chen has also served as President of Altix Corporation, a management consulting firm serving a broad array of industrial manufacturing companies, since January 2023, and previously served as Chief Executive Officer of Cadrex Manufacturing Solutions and Chief Executive Officer of Incodema Holdings LLC, and as Executive Chairman and President of Cincinnati Incorporated. Mr. Chen earned an MBA from the University of Illinois at Urbana-Champaign and a BS in Applied Mathematics from the University of California at Los Angeles. In connection with Mr. Chen?s appointment as CEO, the Company simultaneously entered into an offer letter agreement (the ?Offer Letter?) with Mr. Chen, effective as of the Effective Date.

The Offer Letter and the compensation package contained therein were approved by the Board, which worked with the Company?s compensation consultant to design a competitive compensation framework to align Mr. Chen?s compensation with the creation of shareholder value and the achievement of the Company?s next stage of growth. The key terms of the Offer Letter are set forth below.