On November 8, 2023, Michael Linacre, Chief Financial Officer of Innovative Solutions and Support, Inc. notified the Company that he is resigning from all of his positions with the Company, effective immediately. On November 8, 2023, Relland M. Winand was appointed as the interim Chief Financial Officer of the Company, effective immediately. Mr. Winand, age 69, previously served the Company as Chief Financial Officer from December 2014 until his retirement in July 2022, after serving as the Company?s Controller from September 2014 to December 2014.

Previously, Mr. Winand has served in a number of executive financial capacities with public companies, including Chief Financial Officer of ECC International, Corp, a manufacturer of computer controlled maintenance simulators primarily for the Department of Defense and Vice President Finance and Administration of Traffic.com, Inc., a leading provider of accurate, real-time traffic information in the United States. Immediately prior to joining Innovative Solutions and Support, Inc., Mr. Winand was Chief Financial Officer of Orbit/FR, Inc., an international developer and manufacturer of sophisticated microwave test and measurement systems for aerospace/defense, wireless, satellite, and automotive industries, from 2008 to 2013. From January 2014 until September 2014, Mr. Winand served as a consultant for Solomon Edwards Group LLC.

He has over 30 years? experience in financial management and reporting for both public domestic and international manufacturing companies. Mr. Winand received a B.S. in Accounting from Drexel University and an M.B.A. in Finance from Widener University.