On March 18, 2022, Harry Connick, a member of the Board of Directors of Psychemedics Corporation announced his retirement as a member of the Board, to take effect as of April 4, 2022. Also on March 18, 2022, the Board elected Andrew Reynolds as a member of the Board, effective as of April 4, 2022 to fill the vacancy created by Mr. Connick's retirement. Mr. Reynolds will join the Board as an independent member.

Mr. Reynolds has been named to the Audit, Nominating, and Compensation Committees of the Board, to take effect on April 4, 2022.