On March 26, 2026, Genasys elected Lawrence F. (Larry) Hagenbuch, 59, to the Board of Directors and appointed him Chair of the Audit Committee, effective immediately. Hagenbuch is an Operating Partner at Crossplane Capital and brings extensive turnaround, audit, and operational leadership experience, including prior public company audit chair roles at HireQuest (NASDAQ: HQI) and Optex Systems (NASDAQ: OPXS). He previously led interim C-suite engagements at Huron Consulting and held roles at GE, GE Capital, J. Hilburn, AlixPartners, and Booz Allen Hamilton; he began his career as a U.S. Navy officer. Genasys granted Hagenbuch restricted stock units on the same terms as non-employee director grants made on March 17, 2026; he will be compensated per standard non-employee director practices. Management highlighted large hardware and software opportunities, including the Puerto Rico Dams Early Warning System project, describing the company as being at a potential inflection point. Forward-looking statements identified multiple risks, including a likely need for additional capital, government funding and payment timing risks tied to the Puerto Rico project, and broader macro, supply chain, and competitive uncertainties. A press release announcing the appointment was issued on March 30, 2026.