MISTRAS Provides Update on Products & Systems’ Segment and Project Phoenix; Appoints Gennaro (Jerry) D’Alterio as Executive Vice President and Chief Commercial Officer - Seite 2

Project Phoenix is specifically focused on a goal of creating sustainable, profitable growth via a fundamental, commercial transformation. As such, all business development, sales activities, and strategic marketing will be centralized under the direction of this newly-established position, Chief Commercial Officer. Gennaro (Jerry) D’Alterio, an accomplished executive with an extensive track record of growing businesses, has joined MISTRAS Group in this very exciting role as Executive Vice President and Chief Commercial Officer. In establishing and centralizing this function, Jerry will be leading the efforts to identify opportunities in fast-growing markets and more rapidly develop and introduce new and better products and services, leveraging our extensive resources across the entire Company.

Reporting directly to Ed Prajzner, Senior Executive Vice President and Chief Financial Officer, Mr. D'Alterio will focus on accelerating profitability, defining go-to-market sales strategies, and implementing best-in-class commercial operating models to enhance growth and profitability across the organization. Additionally, Mr. D'Alterio will spearhead a newly-established commercial finance function. This function is strategically aligned with MISTRAS Group's Project Phoenix and aims to serve as a catalyst for the company's sustainable commercial transformation.

Manny Stamatakis, Lead Director of MISTRAS Group and Chairman of the Project Phoenix initiative focusing on accelerating profitable growth and EBITDA improvement, added, "Jerry is the ideal candidate for fueling our growth ambitions. His demonstrated ability to drive both revenue growth and profitability reinforces our Board's confidence in him."

On his appointment, Mr. D'Alterio said, "I am thrilled to join MISTRAS Group at this critical juncture. As a sales engineer by training across a wide range of industries, specializing in corrosion resistance solutions for mission-critical industrial assets, I see vast opportunities for both current and future customers."

With over 20 years of proven executive leadership, Mr. D'Alterio excels at driving commercial transformations. An impactful leader with a consistent track record for fostering success-oriented cultures, he most recently served as the Vice President of Product Management and Director, Global Business Development at CECO Environmental's Fluid Handling & Filtration segment, where he also held the positions of President and Global President. In these roles, Mr. D'Alterio led initiatives that resulted in exponential revenue growth and significant margin improvements. He also launched multiple new products and assembled a global sales team that successfully expanded international revenue across Europe, the Middle East, Africa, and Asia. Beyond his expertise in sales, Mr. D’Alterio is certified in LEAN enterprise and manufacturing, bringing a unique perspective and set of benefits to MISTRAS' customers. Mr. D'Alterio holds an MBA and a Bachelor of Science in Mechanical Engineering from Villanova University. He is also a member of the Hydraulic Institute and the International Desalination Association, and serves on the Board of the Aquatic Animal Life Support Operators organization.