Jack Richardson Promoted to President of MLI.

ML Industries, Inc. (MLI) is pleased to announce that, effective June 1, 2022, Jack Richardson, has been
promoted as its President. Jack becomes only the second President in the 32-year history of MLI. Jack
will report directly to Mickey Dunn, Past President and Chief Executive Officer. Mr. Dunn will continue
to serve as Chief Executive Officer.

In making this decision, CEO Dunn stated, “Jack has completely earned this promotion. He has endless
energy and such a passion for MLI. Our customers thoroughly enjoy working with him. I am so excited
to work with Jack in his new capacity and to help him bring MLI to new levels of success.”

Jack graduated from Georgia Institute of Technology in 1980, earning a Bachelor of Science degree in
Industrial Management. He continued his education at Kenan-Flagler School of Business at the
University of North Carolina and the Poole College of Management at North Carolina State University for
post-graduate studies.

Upon graduation, Jack began his career with Milliken & Company in various roles, ranging from Plant
Manager, to Director of Manufacturing, and, to General Manager. Jack was responsible for launching
the airbag business for Milliken in 1992. Jack developed and grew this business very successfully,
expanding Milliken’s airbag footprint to a global level.

In 2011, after 32 years with Milliken & Company, Jack joined the ML Industries’ team as Vice
President. In this role, he helped diversify and expand the company in different automotive segments
over the past 11 years.

Jack and his wife, the former Cheryl Schroer, have been married since 1982. Together, they have three
married children and four grandchildren. Jack and Cheryl make their home in Newnan, GA.

Please join the MLI team in wishing Jack Richardson nothing but success in his new role as President of
ML Industries.