On August 20, 2018, Sententia Group delivered a letter to the Secretary of the Schmitt Industries, Inc nominating Micheal R. Zapata and Andrew P. Hines for election to the Board at the Company’s 2018 annual meeting of shareholders. Sententia Group views that the nominees have the qualifications, experience and skills sets necessary to serve as directors of the Company. Sententia Group hope to continue to engage in constructive dialogue with the Company’s management team and the Board regarding opportunities to unlock significant value at the Company, including but not limited to changes to the composition of the Board.