Sypris Appoints Rebecca R. Eckert as Vice President, Chief Accounting Officer and Controller

Sypris Solutions, Inc. (Nasdaq/GM: SYPR) (the “Company”) announced today the appointment of Rebecca R. Eckert, the Company’s current Controller, to the position of Vice President, Chief Accounting Officer and Controller, effective as of November 1, 2024. Mrs. Eckert will serve as the Company’s principal financial officer and principal accounting officer. Mrs. Eckert will remain located at the Company’s headquarters in Louisville, Kentucky and will report to Jeffrey T. Gill, Chairman, President and Chief Executive Officer of Sypris Solutions, Inc.

Mrs. Eckert has served as the Company’s Controller and principal accounting officer since May 2009 and as the Company’s Manager of Financial Reporting from May 2005 to May 2009. Prior to 2005, Mrs. Eckert served as an auditor with Ernst & Young LLP. Mrs. Eckert holds a Bachelor of Science in Accounting from the University of Kentucky and a Master of Science in Accounting from the University of Notre Dame. She is also a certified public accountant in the state of Kentucky.

In addition, the Company has named Richard L. Davis, the Company’s current Vice President, Chief Financial Officer and Assistant Secretary, to the position of Senior Vice President, Treasurer and Assistant Secretary, also effective as of November 1, 2024. Mr. Davis will remain located in Louisville, Kentucky at the Company’s headquarters and will continue to report to Jeffrey T. Gill, Chairman, President and Chief Executive Officer of Sypris Solutions, Inc.

Mr. Davis will succeed Anthony C. Allen, the Company’s current Vice President and Treasurer, who will serve as Vice President and Assistant Treasurer of the Company, effective as of November 1, 2024.

Commenting on the announcements, Jeffrey T. Gill, Chairman, President & Chief Executive Officer of Sypris Solutions, Inc. said, “We are delighted to announce the advancement of Becca to the position of Vice President, Chief Accounting Officer and Controller. During her tenure with the Company, Becca has provided guidance through both her thorough knowledge of accounting principles, as well as a comprehensive knowledge of financial matters.”

“Additionally, we are pleased to announce the transition of Rich to the role of Senior Vice President, Treasurer and Assistant Secretary. He has a long, accomplished history with the Company and has continued to provide leadership through both his in-depth knowledge of financial management, along with his broad understanding of our operations.”