On April 20, 2016, Sean Leder, a current member of the Board of Directors of Qualstar Corporation provided the Board with notice of his intent not to stand for re-election to the Board at the 2016 Annual Meeting of Stockholders. Mr. Leder's decision not to pursue reelection was not due to a disagreement with the company, whether with respect to any matter relating to the company's operations, policies, or practices or otherwise. Mr. Leder will continue to serve as a director of the company until the expiration of his term at the 2016 Annual Meeting of Stockholders.