Voss Capital Enters Board Observer Agreement with PAR Technology Corp (13.2% Ownership)

Voss Capital, LP and its affiliates, including Travis W. Cocke, have filed Amendment No. 1 to their Schedule 13D regarding PAR Technology Corp. The reporting persons collectively hold 5,426,600 shares of common stock, representing 13.2% of the company. The primary purpose of this amendment is to disclose a new Board Observer Agreement entered into on April 15, 2026. Under the terms of the agreement, the Issuer has agreed to appoint Jon Hook as a non-voting observer to the Board of Directors for a one-year term. As an observer, Hook will have the right to attend Board and certain committee meetings and receive meeting materials, but will not have voting rights or be considered a director. There have been no transactions in the Issuer's securities by the reporting persons since the previous filing. The agreement includes standard provisions for confidentiality and non-disparagement. This development signals continued active engagement by Voss Capital with the Issuer's corporate governance without increasing their direct equity stake in this specific period.