Resignation of Executive Vice President and Secretary at Outdoor Holding Company

On September 10, 2025, Tod Wagenhals, the Executive Vice President and Secretary of Outdoor Holding Company, resigned from his position as Secretary effective immediately and as Executive Vice President effective December 31, 2025. In connection with his resignation, the Board of Directors appointed Jordan Christensen, the Chief Legal Officer, as the new Secretary. On September 16, 2025, the company and Wagenhals entered into an Executive Separation Agreement, which provides Wagenhals with a cash severance payment of $230,000, reimbursement for business expenses, and a lump sum payment for accrued vacation and paid time-off. The agreement also includes provisions for COBRA coverage for one month. Wagenhals agreed to a general release of claims in favor of the company and to comply with confidentiality and non-disparagement covenants.