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IES Holdings Appoints Kelly C. Janzen to its Board of Directors

1. IES appointed Kelly C. Janzen to its Board on May 12, 2025. 2. Janzen has over 30 years of financial leadership experience. 3. Her past roles include CFO positions at multiple NYSE-listed companies. 4. This appointment may enhance IES's financial oversight and strategic direction. 5. Janzen's expertise in public company leadership is expected to add value.

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Why Bullish?

The appointment of an experienced CFO can boost investor confidence and stabilize financial strategies. Historical data indicates that firms enhancing their board with knowledgeable leaders often see positive stock reactions.

How important is it?

The addition of Kelly Janzen likely enhances IES's governance, which can attract investors and positively influence stock dynamics. Strong governance is closely associated with more effective operational strategies.

Why Short Term?

The immediate effect of leadership changes typically manifests quickly in stock performance, especially following appointments that are well-received by the market.

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May 13, 2025 08:00 ET  | Source: IES Holdings, Inc. HOUSTON , May 13, 2025 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced the appointment of Kelly C. Janzen to its Board of Directors (“Board”), effective May 12, 2025. “We’re excited to welcome Kelly to the Board,” said Jeff Gendell, IES’s Chairman and Chief Executive Officer. “Kelly’s extensive background in finance and accounting, as well as her experience in public company leadership roles, will make her a valuable contributor to our Board.” Ms. Janzen brings over 30 years of experience in various financial leadership roles and has served as Executive Vice President and Chief Financial Officer of Vestis Corporation (NYSE: VSTS) since February 2025 after working with Vestis as a finance consultant since October 2024. Prior to joining Vestis, she was a finance executive in residence at the Fernweh Group from January to May 2024, working as Chief Financial Officer for Dabico Airport Solutions, and served as Senior Vice President, Chief Financial Officer, and Treasurer of BlueLinx Corporation (NYSE: BXC) from April 2020 to August 2023. Previously, Ms. Janzen served as Senior Vice President and Chief Accounting Officer of WestRock Company (NYSE: WRK), Vice President, Controller and Chief Accounting Officer of Baker Hughes (NYSE: BKR) and Vice President of Finance and Chief Accounting Officer of McDermott International Ltd. (Previously Nasdaq: MDR), in addition to holding progressive leadership roles in finance and accounting at General Electric. Ms. Janzen earned her Bachelor of Science degree in Accounting from Louisiana State University. About IES Holdings, Inc. IES designs and installs integrated electrical and technology systems and provides infrastructure products and services to a variety of end markets, including data centers, residential housing, and commercial and industrial facilities. Our more than 9,000 employees serve clients in the United States. For more information about IES, please visit www.ies-co.com. Company Contact: Tracy McLauchlinChief Financial OfficerIES Holdings, Inc.(713) 860-1500 Investor Relations Contact: Robert Winters or Stephen PoeAlpha IR Group312-445-2870IESC@alpha-ir.com

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