On March 28, 2022, Tejon Ranch Co. (the Company) will be appointing Allen E. Lyda to a newly created office of Chief Financial Officer. Mr. Lyda has served as the Company's Chief Operating Officer since January 2019 and prior to that served as the Company's Chief Financial Officer from 1999 to December 2018.

Robert D. Velasquez will resign from the office of Chief Financial Officer effective on March 28, 2022, a position he held since January 2019.