The Urgent Need for Change and The Superior Path Forward

PRIVET IS A PROVEN STOCKHOLDER CHAMPION PRIVET FUND UPG STRONGER TOGETHER PRIVET FUND - 01. 02. 03. 04. 05. Executive Summary Privet has a track record of successfully creating value for stockholders and stakeholders Privet principals have served as independent board members at: - Great Lakes Dredge and Dock Company (NASDAQ: GLDD): Shares appreciated 153% over three-year investment period and 110% since gaining board representation StarTek (NYSE: SRT): Shares appreciated 78% over eight-year investment period and 30% since gaining board representation Hardinge (NASDAQ: HDNG): Shares appreciated 45% over three-year investment period and 86% since gaining board representation Privet fought for stockholders' rights against an unfair, potentially conflicted acquisition proposal at: J. Alexander's Holdings (NYSE: JAX): Shares rose 147% over 18-month investment period (142% since nominating director candidates) prior to the company selling itself and Privet advocating for a higher price Privet will work tirelessly to create value for ALL STOCKHOLDERS at Synalloy 10

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