Baker Roofing Company

Dear Team Members:

It is our pleasure to let each of you know that over the course of the last 18 months, the company has been engaged in an in-depth planning initiative. We all recognize that the future strategy, growth, and health of the company is critical to the stability that we all value and appreciate as being individual, vital participants in the larger Baker team.

With the professional help of outside consultants / vendors, including those very familiar with our organization such as FMI, Statarius, and Ward & Smith, we have examined in detail our equity structure, growth priorities and select operational and sales leadership positions.

While the company will always be engaged in further development opportunities and challenges, we identified the following actions as ones that needed fulfillment in the immediate term. Thus, we are pleased to inform you of those items;

In December of 2020, Frank Baker sold his shares in the company to Mark Lee, Dylan Baker and John Matthews (the owners of Baker Roofing Company of Virginia). While this does not change Frank’s critical leadership and technical advisory role in the company, it does reflect planning and proper timing for equity restructuring.

Operational Leadership

The Raleigh Operations Group will now be led by two Regional Vice Presidents with distinct roles and responsibilities:

Brendan Hale, Raleigh Regional VP

Will be responsible for the following departments:

David Tedder, Raleigh Regional VP

Will be responsible for the following departments:

Jerry Justice, Regional VP

Western Carolinas Region

Will be responsible for the following branches:

Randy Johnson, Regional VP

Mid-South / Florida Region

Will be responsible for the following branches:

Steve Pierce, Regional VP

Eastern Virginia Region

Will be responsible for the following branches:

Bobby Smith, Regional VP

Western Virginia Region

Will be responsible for the following branches:

Greg Capobianco, Sr. VP of Service Operations

Service Operations

Will work to support all branch service departments

Michael Kraemer, VP of Pre-Construction & Training

Pre-Construction, Recruiting & Training

Will work to support all branch pre-construction, training and recruiting.

Jeremy Sisolak, VP of Estimating

Estimating

Will work to support all branch estimating and pricing departments.

Sales Leadership Structure

Tyler Poole, Sr. VP of Sales

Negotiated Reroof and Service Sales

Will guide and support the following efforts:

Doug Miller, VP of Reroof Pricing & Proposal Quality Control

Matt Elban, Sales Manager

Northern Region

Will be responsible for the following branches:

Howell Dunlap, Sales Manager

Central Region

Will be responsible for the following branches:

Logan Kinney, Sales Manager

Eastern Region

Will be responsible for the following branches:

Steve Druelinger, Sales Manager

Western Region

Will be responsible for the following branches:

Rich Cahill, Sales Manager

Southern Region

Walker Holt, Sales Manager

South Western Region