Mr. Roger Penske has informed Universal Technical Institute, Inc. of his decision to resign from its Board of Directors, effective March 30, 2020. Mr. Penske indicated that his departure did not reflect any disagreement with the Company. On March 31, 2020, on the recommendation of the Board’s Nominating and Corporate Governance Committee, the Board appointed Mr. George Brochick as a Class II director of the Board, with an appointment to serve until the Company’s 2021 annual meeting of stockholders. The Board has affirmatively determined that Mr. Brochick is independent under the applicable rules and regulations of the Securities and Exchange Commission and the listing standards of the New York Stock Exchange. Concurrently with his appointment as director, Mr. Brochick was also appointed to serve on the Board’s Audit Committee, Nominating and Corporate Governance Committee and its Government Affairs and Public Policy Committee.