STANDEX INTERNATIONAL CORP/DE/

The Board regularly reviews the skills, experience and background that it believes are desirable to be represented on the Board. On an annual basis, the Board reviews each director’s skills and assesses whether there are gaps that need to be filled. As a result, recruitment is an ongoing activity. A full skills matrix can be found under “Board Self-Assessment & Skills Matrix” onpage 22.

The Board aims to strike a balance between the experience that comes from long-term service on the Board with the new perspective that new Board members bring, while being sensitive to the benefits of gender and racial diversity. The Board also has a mandatory retirement policy, under which no director may stand for re-election if he or she has reached the age of 75. We believe this balanced approach creates a renewed perspective that is beneficial to shareholders. Please refer to “Identifying and Evaluating Candidates for Board Membership” on**page 23 **for further information.

Due to our mandatory retirement policy, Mr. Hansen is not standing for re-election at the 2025 Annual Meeting. To fill this vacancy, the Board has recruited his successor, Mr. Nemeth, and has appointed him to the Board effective May 2, 2025. The Board has nominated him for election by the shareholders at the 2025 Annual Meeting.