On April 5, 2022, Astrotech Corporation appointed Jaime Hinojosa, 40, as Chief Financial Officer, Treasurer and Secretary of the Company, effective as of April 15, 2022. Mr. Hinojosa will perform the functions of the Company's principal financial officer. The Board of Directors of the Company has not yet determined the compensation payable to Mr. Hinojosa in connection with the commencement of his new roles as Chief Financial Officer, Treasurer and Secretary of the Company.

Mr. Hinojosa joined Astrotech in 2015 and has served as the Company's Corporate Controller since 2019.