On May 4, 2020, Ramzi Y. Hermiz resigned from his positions as the President & Chief Executive Officer and a Director of Shiloh Industries, Inc. (the “Company”). Mr. Hermiz' resignation is not the result of any disagreement with the Company or management over any matter relating to the operations, policies or practices of the Company. Cloyd J. Abruzzo, a member of the Company's Board of Directors since 2004, has been named Interim President and Chief Executive Officer, effective May 5, 2020.

Mr. Abruzzo, 69, retired in December 2003 from Stoneridge, Inc. From May 1993 until his retirement, Mr. Abruzzo was a director and the President and Chief Executive Officer of Stoneridge. Mr. Abruzzo joined Stoneridge in 1980 and held several positions prior to becoming President and Chief Executive Officer in May 1993. Mr. Abruzzo will continue to serve as a Director of the Company.

In connection with the appointment of Mr. Abruzzo as the Company's Interim President and Chief Executive Officer, Mr. Abruzzo resigned from the Audit, Compensation, and the Nominating and Corporate Governance Committees of the Board.