Butler National Corporation CEO Transition

Christopher J. Reedy has retired as Chief Executive Officer of Butler National Corporation, effective June 15, 2026, due to health considerations. He will continue to serve on the Board of Directors and as a special advisor to the Board until July 1, 2027, receiving his base salary and continuing to vest in previously granted equity awards. Adam B. Sefchick, the current Chief Financial Officer, has been appointed as Interim Chief Executive Officer and President, while retaining his CFO responsibilities. The Board of Directors will initiate a search for a permanent CEO. The company issued a press release on June 15, 2026, announcing these changes.