Precision Optics Corporation, Inc. (POCI) Appoints Joseph P. Pellegrino, Jr. to its Board

Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense/aerospace industries, is pleased to announce the appointment of Joseph P. “JJ” Pellegrino, Jr. to its Board of Directors. Mr. Pellegrino, who will also serve as Chairman of the Board’s Audit Committee, brings decades of operational and financial experience as well as an extensive knowledge of the medical device industry to the board.

Mr. Pellegrino most recently served as Chief Financial Officer of LeMaitre Vascular, Inc., a provider of devices, implants and services for the treatment of peripheral vascular disease, from 2007 through March 7, 2025, and continues to serve as a member of their Board of Directors. Mr. Pellegrino joined LeMaitre Vascular as their Executive Vice President, Finance, in 2005. From 1997 to 2003, Mr. Pellegrino worked at Zoots, Inc., a consumer services company founded by the founders of Staples, Inc., where most recently he served as Senior Vice President of Operations. Previously, Mr. Pellegrino built and sold a regional mall-based specialty retailing company. Mr. Pellegrino has also served as an investment banking analyst at Lehman Brothers, as part of their mergers and acquisitions group. From 2017 to 2024, Mr. Pellegrino was a director of Access Vascular, Inc., a medical device company focused on venous access devices. Mr. Pellegrino received an A.B. in Economics from Harvard College and an M.B.A. from the Harvard Business School.

“We are excited to have JJ Pellegrino join the Precision Optics Board of Directors,” said Peter Woodward, Chairman of the Board of Precision Optics. “As a highly accomplished financial executive in the medical device industry, JJ infuses strategic financial leadership, operational discipline, and deep industry insights to the board to help drive sustainable growth, regulatory foresight, and scalable innovation. His record of success in building a company from early beginnings to significant scale and shareholder appreciation are directly relevant to us at Precision Optics."

In connection with Mr. Pellegrino’s appointment, Peter Anania has retired from the Board of Directors. Mr. Anania was initially appointed to Precision Optics’ Board in October 2021 in connection with the acquisition of Lighthouse Imaging. Mr. Anania was Lighthouse Imaging’s President and Chairman at the time of the acquisition.

“I want to thank Peter for his many contributions to the POC board. He was a great resource following the Lighthouse acquisition and has been a strong contributor since. We wish him well in the future,” Mr. Woodward stated.

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