December 16, 2018, Ronald F. Dutt notified the Board of Directors of Flux Power Holdings Inc. that he will resign from the positions of Chief Financial Officer and Secretary, effective December 17, 2018. Mr. Dutt's resignation was not due to a disagreement with the Company, its operations, policies, or practices. Mr. Dutt remains the Chief Executive Officer and Director of the Company.

On December 17, 2018, effective immediately upon the resignation of Mr. Dutt, the Board of Directors of the Company appointed Charles A. Scheiwe to serve as the Chief Financial Officer and Secretary of the Company. Mr. Scheiwe shall serve until his successor(s) are duly appointed, unless he resigned, is removed from office, or is otherwise disqualified from serving as an officer of the Company. Mr. Scheiwe joined the Company in July of 2018 and has been acting as the Company's Controller since July 9, 2018.

Prior to joining the Company, Mr. Scheiwe was the Controller of Senstay Inc. and provided financial and accounting consulting services to start-up companies from 2016 to 2018.