On March 14, 2023, Michael A. Reilly, Chief Accounting Officer and Vice President, Finance of SPX Technologies, Inc. (the “Company”), informed the Company of his decision to retire effective as of April 7, 2023. Wayne M. McLaren, age 44, Corporate Controller of the Company, will become Vice President, Chief Accounting Officer and Corporate Controller, effective as of the Transition Date.Mr. McLaren has been the Corporate Controller of the Company since November 2022. Mr. McLaren previously served as Assistant Controller of the Company (including for SPX Corporation for the period prior to the Company's holding company reorganization effected on August 15, 2022) from September 2015 to November 2022, as well as various other financial roles within the Company from March 2009 to September 2015.

Prior to joining the Company, Mr. McLaren served in positions of increasing responsibility at Deloitte & Touche LLP. Mr. McLaren holds a Bachelor of Commerce degree from the University of KwaZulu-Natal in Durban, South Africa and is a Certified Public Accountant licensed in North Carolina.