Item 5.02 Departure of Directors or Certain Officers.

On July 25, 2022, Charles R. Holland, a member of the AeroVironment, Inc. (the "Company") Board of Directors (the "Board"), notified the Board that he would not stand for re-election as a director of the Company. General Holland's decision not to stand for re-election was not due to any disagreement with the Company, its auditors or advisors on any matter relating to the Company or its operations, policies or practices. General Holland's term is scheduled to end at the start of the Company's 2022 annual meeting of stockholders, anticipated to be held on September 23, 2022 (the "Annual Meeting").


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