Capstone Turbine Corporation announced as part of its multi-year Board refresh goal and ahead of the new Biden administration, that its Board of Directors has unanimously voted to appoint current Director, Robert Flexon, as its Chair effective on January 1, 2021. The appointment of Mr. Flexon follows the outstanding leadership and stewardship of Holly Van Deursen, who has served successfully in multiple roles, including the Company's Chair of the Board, since joining the Capstone Board in October 2007. Ms. Van Deursen, who is fully supportive of this change, will remain on the Board as an independent Director of the Company. Mr. Flexon has been a Director of Capstone since his appointment in 2018 and is currently a member of both the Audit Committee and Compensation Committee. Mr. Flexon also serves as the Chair of the Board for PG&E Corporation, having been appointed to that role in July of 2020. Prior to that, Mr. Flexon served as President and Chief Executive Officer of Dynegy Inc., an independent power producer and electricity marketer from 2011 to 2018, and also has additional power generation and energy marketing experience as Chief Financial Officer and Chief Operating Officer of NRG Energy.