Teledyne Technologies

(b)-(c) On July 31, 2023, Teledyne Technologies Incorporated ("Teledyne") issued a press release announcing the executive promotions and retirement described below. A copy of the press release is attached hereto as Exhibit 99.1. (1) George C. Bobb III was promoted to the position of Executive Vice President of Teledyne, effective July 25, 2023. Mr. Bobb has been a Senior Vice President of Teledyne since October 2021 and remains President of Teledyne’s Aerospace and Defense Electronics Segment with additional executive leadership responsibility for the Marine Instrumentation group, the Engineered Systems Segment, Teledyne Scientific & Imaging, which includes classified Digital Imaging programs and Teledyne’s Information Technology function. Mr. Bobb joined Teledyne in 2008.

(e) At its meeting on January 24, 2023, the Personnel and Compensation Committee (the "Committee") of the Board of Directors of Teledyne Technologies Incorporated ("Teledyne") took the following actions, which actions were ratified by Teledyne's Board of Directors: (1) The Committee authorized payment of Annual Incentive Plan (“AIP”) cash bonus awards with respect to the 2022 fiscal year under the Amended and Restated Teledyne Technologies Incorporated 2014 Incentive Award Plan (the “Plan”) to each of the Named Executive Officers set forth below identified in Teledyne’s 2022 Proxy Statement. AIP award opportunities are expressed as a percentage of a participant’s base salary and are based on the achievement of pre-defined performance measures, with up to 200% of the target award eligible to be paid in the case of significant over-achievement.

(e) At meetings on January 24, 2022 and January 25, 2022, the Personnel and Compensation Committee of Teledyne’s Board of Directors (the "Committee") took the following actions, which were ratified by Teledyne's Board of Directors on January 25, 2022: (1) The Committee authorized payment of Annual Incentive Plan (“AIP”) cash bonus awards under the Amended and Restated Teledyne Technologies Incorporated 2014 Incentive Award Plan (the “Plan”) to each of the Named Executive Officers identified in Teledyne’s 2021 Proxy Statement with respect to the 2021 fiscal year. AIP award opportunities are expressed as a percentage of a participant’s base salary and are based on the achievement of pre-defined performance measures, with up to 200% of the target award eligible to be paid in the case of significant over-achievement.

(d) On October 25, 2021, Teledyne announced that, effective November 1, 2021, Teledyne's Board of Directors fixed the number of directors at 11 and appointed Vincent J. Morales as a Class I Director for a term expiring at the 2024 Annual Meeting of Stockholders. Mr. Morales will become a member of the Audit Committee and the Personnel and the Compensation Committee of the Teledyne Board. Mr. Morales, age 55, is currently Senior Vice President and Chief Financial Officer of PPG Industries, Inc. (“PPG”) Mr. Morales joined PPG in 1985, ultimately serving as its Chief Financial Officer since March 2017. During his time at PPG, Mr. Morales progressed through a variety of accounting and finance roles, encompassing controllership, investor relations, treasury and company-wide business finance. In his current role, Mr.

(b) On August 30, 2021, Teledyne Technologies Incorporated ("Teledyne") announced that Aldo Pichelli, Teledyne's President and Chief Executive Officer, would retire on December 31, 2021, and that Robert Mehrabian, currently Teledyne's Executive Chairman, would resume his role as Chairman, President and Chief Executive Officer of Teledyne, effective as of October 15, 2021. Teledyne also announced that effective as of October 15, 2021, Jason VanWees, currently Teledyne's Executive Vice President, would assume the office of Vice Chairman, with management oversight responsibility for strategy, mergers and acquisitions, investor relations and margin improvement, and that George C.

(b) Roxanne S. Austin retired from the Board of Directors of Teledyne Technologies Incorporated ("Teledyne") following Teledyne's 2021 Annual Meeting of Stockholders held on April 28, 2021. Ms. Austin's decision to retire was previously reported by Teledyne on a Current Report on Form 8-K dated October 1, 2020. With Ms. Austin’s retirement, the Board of Directors has fixed the number of directors at 10.

(e) On January 26, 2021, the Personnel and Compensation Committee of Teledyne’s Board of Directors (the "Committee") took the following actions: (1) The Committee authorized payment of Annual Incentive Plan (“AIP”) cash bonus awards under the Amended and Restated Teledyne Technologies Incorporated 2014 Incentive Award Plan (the “Plan”) to each of the Named Executive Officers identified in Teledyne’s 2020 Proxy Statement with respect to the 2020 fiscal year. AIP award opportunities are expressed as a percentage of a participant’s base salary and are based on the achievement of pre-defined performance measures, with up to 200% of the target award eligible to be paid in the case of significant over-achievement.

(d) On October 20, 2020, Teledyne announced that, effective October 20, 2020, Teledyne's Board of Directors fixed the number of directors at 11 and appointed Michelle A. Kumbier as a Class III Director for a term expiring at the 2023 Annual Meeting of Stockholders. Ms. Kumbier will become a member of the Audit Committee and the Personnel and the Compensation Committee of the Teledyne Board. Ms. Kumbier, age 52, is the former Chief Operating Officer of Harley-Davidson Motor Company having served in that capacity from October 2017 to April 2020. Ms. Kumbier had previously served as Harley-Davidson’s Senior Vice President, Motor Company Product and Operations from May 2015 to October 2017, as its Senior Vice President of Motorcycle Operations from September 2012 to April 2015, and as its Senior Vice President, Product Development from November 2010 to August 2012. Ms.

(b) On October 1, 2020, Roxanne S. Austin informed the Board of Directors (the “Board”) of Teledyne Technologies Incorporated (“Teledyne”) of her decision to cease being a director of Teledyne at the 2021 Annual Meeting of Stockholders currently planned for April. Ms. Austin will continue to serve as a member of the Board and on the Nominating and Governance Committee and Personnel and Compensation Committee until the 2021 Annual Meeting.

(b) On August 25, 2020, Paul D. Miller, age 78, informed the Board of Directors (the “Board”) of Teledyne Technologies Incorporated (the “Company”) of his decision to retire from the Board effective immediately. Admiral Miller has been a valuable member of the Company’s Board since 2001.

(e) On January 21, 2020, the Personnel and Compensation Committee of Teledyne’s Board of Directors (the "Committee") took the following actions: (1) The Committee authorized payment of Annual Incentive Plan (“AIP”) cash bonus awards under the Amended and Restated Teledyne Technologies Incorporated 2014 Incentive Award Plan (the “Plan”) to each of the Named Executive Officers identified in Teledyne’s 2019 Proxy Statement with respect to the 2019 fiscal year ended December 29, 2019. AIP award opportunities are expressed as a percentage of a participant’s base salary and are based on the achievement of pre-defined performance measures, with up to 200% of the target award eligible to be paid in the case of significant over-achievement.

On October 22, 2019, the Personnel and Compensation Committee (the "Committee") of the Board of Directors of Teledyne Technologies Incorporated ("Teledyne") approved 2020 annual base salaries for the Teledyne named executive officers set forth below, to be effective for 2020. New Base Name Position Salary Robert Mehrabian Executive Chairman $ 900,000 Susan L. Main Senior Vice President and Chief Financial Officer $ 479,000 Melanie S. Cibik Senior Vice President, General Counsel, Chief Compliance Officer and Secretary $ 437,300 Edwin Roks Vice President and Group President, Teledyne Digital Imaging $ 459,000 There was no change to the annual base salary of Aldo Pichelli, Teledyne's President and Chief Executive Officer, which will remain at $800,000.

On July 23, 2019, Teledyne Technologies Incorporated ("Teledyne") announced that, effective July 23, 2019, Teledyne's Board of Directors fixed the number of directors at 11 and appointed Denise R. Cade as a Class I Director for a term expiring at the 2021 Annual Meeting of Stockholders. Ms. Cade will become a member of the Audit Committee and the Nominating and Governance Committee of the Teledyne Board. Ms. Cade, age 56, has been the Senior Vice President, General Counsel and Corporate Secretary of IDEX Corporation since October 2015. From March 2011 until October 2015, she served as Senior Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer at SunCoke Energy, Inc. and its controlled company SunCoke Energy Partners, LLP, where she also served on the Board of Directors. As a non-employee director, Ms.

(e) On January 22, 2019, the Personnel and Compensation Committee of Teledyne’s Board of Directors (the "Committee") took the following actions: (1) The Committee authorized payment of Annual Incentive Plan (“AIP”) cash bonus awards under the Amended and Restated Teledyne Technologies Incorporated 2014 Incentive Award Plan (the “Plan”) to each of the Named Executive Officers identified in Teledyne’s 2018 Proxy Statement with respect to the 2018 fiscal year ended December 30, 2018. AIP award opportunities are expressed as a percentage of a participant’s base salary and are based on the achievement of pre-defined performance measures, with up to 200% of the target award eligible to be paid in the case of significant over-achievement.

(c) On October 23, 2018, Teledyne Technologies Incorporated ("Teledyne") announced that effective January 1, 2019, Robert Mehrabian, currently Teledyne's Chairman and Chief Executive Officer, will be named Executive Chairman, and Al Pichelli, currently Teledyne's President and Chief Operating Officer, will assume the title of President and Chief Executive Officer. Dr. Mehrabian's current employment contract will be extended an additional four years through December 31, 2023, for a total remaining term of five years. Mr. Pichelli's employment agreement provides for a three-year term beginning on January 1, 2019, and ending on December 31, 2021. A copy of the Press Release announcing these and other senior executive promotions is attached as Exhibit 99.1 and is incorporated herein by reference.

(b) On September 6, 2018, Teledyne Technologies Incorporated ("Teledyne") announced that Thomas H. Reslewic, Teledyne Vice President and Group President - Teledyne Environmental and Electronic Measurement Instrumentation (EEMI) and Teledyne Defense Electronics, has resigned to pursue other professional opportunities. Mr. Reslewic's resignation is effective September 7, 2018, pursuant to a letter dated August 31, 2018. Teledyne also announced the promotions of other members of its senior management team. A copy of the press release dated September 6, 2018, is attached as Exhibit 99.1 to this report and incorporated herein by reference.

(b) - (c) On April 24, 2018, Al Pichelli, the Chief Operating Officer of Teledyne Technologies Incorporated ("Teledyne"), assumed the title of President. Robert Mehrabian will continue as Teledyne's Chairman and Chief Executive Officer. A copy of the press release announcing the foregoing is attached hereto as Exhibit 99.1 and incorporated herein by reference.

(e) On January 23, 2018, the Personnel and Compensation Committee of Teledyne’s Board of Directors took the following actions: (1) The Committee authorized payment of Annual Incentive Plan (“AIP”) cash bonus awards under the Teledyne Technologies Incorporated 2014 Incentive Award Plan to each of the Named Executive Officers identified in Teledyne’s 2017 Proxy Statement with respect to the 2017 fiscal year ended December 31, 2017. AIP award opportunities are expressed as a percentage of a participant’s base salary and are based on the achievement of pre-defined performance measures, with up to 200% of the target award eligible to be paid in the case of significant over-achievement. The majority of the award is based on Teledyne’s achievement of certain financial performance goals, with a smaller portion tied to the achievement of pre-established individual goals.

(e) On October 24, 2017, the Personnel and Compensation Committee of the Board of Directors of Teledyne Technologies Incorporated approved 2018 annual base salaries for the Teledyne named executive officers set forth below, to be effective for the payroll period starting December 25, 2017. New Base Name Position Salary Robert Mehrabian Chairman, President and Chief Executive Officer $ 995,000 Susan L. Main Senior Vice President and Chief Financial Officer $ 455,900 Aldo Pichelli Chief Operating Officer $ 572,200 Melanie S.

(b) Teledyne Technologies Incorporated (the “Company” or “Teledyne”) held its 2017 Annual Meeting of Stockholders (the “Annual Meeting”) on April 26, 2017. At the Annual Meeting, the Company's stockholders approved the Amended and Restated Teledyne Technologies Incorporated 2014 Incentive Award Plan (the “Amended Plan”), which amends and restates the Company’s 2014 Incentive Award Plan (the “Original Plan”). The Amended Plan was adopted by the Company’s Board of Directors (the “Board”) on February 21, 2017, subject to receiving stockholder approval at the Annual Meeting.

(e) On January 24, 2017, the Personnel and Compensation Committee of Teledyne’s Board of Directors took the following actions: (1) The Committee authorized payment of Annual Incentive Plan (“AIP”) cash bonus awards under the Teledyne Technologies Incorporated 2014 Incentive Award Plan (the “Plan”) to each of the Named Executive Officers identified in Teledyne’s 2016 Proxy Statement with respect to the 2016 fiscal year ended January 1, 2017. AIP award opportunities are expressed as a percentage of a participant’s base salary and are based on the achievement of pre-defined performance measures, with up to 200% of the target award eligible to be paid in the case of significant over-achievement. The majority of the award is based on Teledyne’s achievement of certain financial performance goals, with a smaller portion tied to the achievement of pre-established individual goals.

(e) On December 22, 2016, Teledyne Technologies Incorporated ("Teledyne") filed a Current Report on Form 8-K reporting that on December 20, 2016, the Personnel and Compensation Committee of the Teledyne Board made a special one-time grant of a Restricted Stock Unit (RSU) Award consisting of 16,045 RSUs to Robert Mehrabian, Teledyne's President, Chairman and Chief Executive Officer. Attached as Exhibit 10.1 to this amended Current Report on From 8-K/A is the Restricted Stock Unit Agreement related to the December 20, 2016 grant. The summary description of the RSU Award in the December 22, 2016 filing is subject to, and qualified in its entirety by, the full text of the Restricted Stock Unit Agreement, which is incorporated herein by reference.

(e) On December 20, 2016, the Personnel and Compensation Committee of the Board of Directors of Teledyne Technologies Incorporated ("Teledyne") took the following actions: (i) The Committee made a special one-time grant of a Restricted Stock Unit (RSU) Award consisting of 16,045 RSUs to Robert Mehrabian, Teledyne's President, Chairman and Chief Executive Officer. The RSUs vest in three equal annual installments beginning December 20, 2017, so long as Dr. Mehrabian remains employed with Teledyne on the applicable installment vesting date. Each RSU represents a contingent right to receive one share of Teledyne Common Stock upon vesting. In deciding to grant the RSU award, the Committee considered general industry and industry peer compensation information provided by its independent compensation consultants, retention strategy, executive performance, including Dr.

(e) On October 25, 2016, the Personnel and Compensation Committee of the Board of Directors of Teledyne Technologies Incorporated approved 2017 annual base salaries for the Teledyne named executive officers set forth below, to be effective for the payroll period starting December 26, 2016. New Base Name Position Salary Robert Mehrabian Chairman, President and Chief Executive Officer $ 975,000 Susan L. Main Senior Vice President and Chief Financial Officer $ 447,000 Aldo Pichelli Chief Operating Officer $ 561,000 Melanie S.

(b) Director Frank V. Cahouet retired from the Board of Directors of Teledyne Technologies Incorporated (“Teledyne”) on April 27, 2016. Mr. Cahouet's planned retirement was previously reported by Teledyne on a Current Report on Form 8-K dated January 26, 2016. In connection with Mr. Cahouet's retirement, effective on April 27, 2016, the number of directors of Teledyne was fixed at ten.

(e) On January 26, 2016, the Personnel and Compensation Committee (“Committee”) of Teledyne’s Board of Directors authorized payment of Annual Incentive Plan (“AIP”) cash bonus awards under the Teledyne Technologies Incorporated 2014 Incentive Award Plan (the “Plan”) to each of the Named Executive Officers identified in Teledyne’s 2015 Proxy Statement with respect to the fiscal year ended January 3, 2016. AIP award opportunities are expressed as a percentage of a participant’s base salary and are based on the achievement of pre-defined performance measures, with up to 200% of the target award eligible to be paid in the case of significant over-achievement. The majority of the award is based on Teledyne’s achievement of certain financial performance goals, with a smaller portion tied to the achievement of pre-established individual goals.

(b) On January 26, 2016, Director Frank V. Cahouet notified the Board of Directors of Teledyne Technologies Incorporated (“Teledyne”) that he would retire from the Board effective as of April 27, 2016, the date of Teledyne's 2016 Annual Meeting of Stockholders. In connection with this notification, the Board fixed the number of directors at ten, to be effective on April 27, 2016. (e) On January 26, 2016, the Personnel and Compensation Committee of Teledyne’s Board of Directors took the following actions: (1) The Committee approved the 2016 goals for the Annual Incentive Plan ("AIP") cash bonus awards to each of Teledyne’s Named Executive Officers.