HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES THE RETIREMENT OF CEO GREGORY H. TREPP AND THE APPOINTMENT OF R. SCOTT TIDEY, PRESIDENT, TO THE ADDITIONAL ROLE OF CEO

GLEN ALLEN, Va., Sept. 24, 2024 /PRNewswire/ -- The Hamilton Beach Brands Holding Company (NYSE: HBB) (the "Company) Board of Directors announced today that Gregory H. Trepp, Chief Executive Officer (CEO), will retire from the Company on December 31, 2024. In order to facilitate a long-standing succession plan, Mr. Trepp will step down from his current position and from the Board of Directors, effective September 30, 2024. R. Scott Tidey, currently President of the Company, will succeed Mr. Trepp and become President and CEO and a member of the Board of Directors, effective October 1, 2024. Mr. Trepp will serve in the role of Advisor to the CEO until his retirement in support of a smooth transition.