Shoals Technologies Group further strengthens its management

– Appoints Dominic Bardos as Chief Financial Officer –

PORTLAND, Tennessee, Aug. 15, 2022 (GLOBE NEWSWIRE) — Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of power system balancing solutions ( EBOS) for electric vehicle (EV) solar, storage and charging infrastructure, today announced the appointment of Mr. Dominic Bardos as Chief Financial Officer, effective October 3, 2022.

Mr. Bardos is a seasoned public company finance executive with over thirty years of global finance and accounting experience across multiple industries. His expertise includes financial planning, analysis, accounting, audit, SEC and regulatory compliance, cash management, technology, strategic sourcing, supply chain, investor relations and talent development.

“We are delighted to welcome Dominic to our company’s leadership team,” said Jason Whitaker, Managing Director of Shoals. “His extensive experience as CFO of a public company will be instrumental in further supporting Shoals’ continued financial performance and the execution of our global growth plans.”

Prior to joining Shoals, Mr. Bardos served as Chief Financial Officer of Holley Inc. (NYSE: HLLY), a manufacturer and marketer of performance automotive products. Prior to Holley Inc., Mr. Bardos held senior finance positions with several category leaders, including Vice President of Finance at Tractor Supply Company (Nasdaq: TSCO), Chief Financial Officer of Cambridge Franchise Holdings and Vice President of finance president and division manager. CFO of Terminix, the largest division of ServiceMaster (NYSE:SERV).

“It is an undeniable honor to join Shoals with its experienced and accomplished management team,” said Mr. Bardos. “I look forward to leveraging my three decades of public company experience to contribute to Shoals’ well-established business fundamentals while supporting efforts to accelerate growth as we continue to build shareholder value.” .

Mr. Bardos graduated Cum Laude from the University of Memphis, Fogelman College of Business & Economics, with a Bachelor of Business Administration and Masters of Business Administration.

About Shoals Technologies Group, Inc.

Shoals Technologies Group, Inc. is a leading provider of Electric Balance of Systems (EBOS) solutions for solar, storage and electric vehicle charging infrastructure. Since its inception in 1996, the Company has introduced innovative technologies and system solutions that enable its customers to significantly increase plant efficiency and safety while improving system performance and reliability. Shoals Technologies Group, Inc. is a recognized leader in the renewable energy industry with solutions deployed on more than 20 GW of solar systems worldwide. For more information, please visit: https://www.shoals.com/.

Forward-looking statements

This press release contains forward-looking statements. These statements are not historical facts but rather are based on the Company’s current expectations and projections regarding its business, operations and other related factors. Words such as ‘may’, ‘will’, ‘could’, ‘would’, ‘should’, ‘anticipate’, ‘predict’, ‘potential’, ‘continue’, ‘expect’, ‘should’ ‘intent to’, ‘plans’, ‘projects’, ‘believes’, ‘estimates’ and similar expressions are used to identify these forward-looking statements. These statements are only predictions and are therefore not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual results may differ materially from those in forward-looking statements due to a number of factors, including those in the company’s annual report on Form 10-K and other reports filed with the Securities and Exchange Commission.

contacts:

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Phone: 615-323-9836

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