On October 9, 2026, William H. White was terminated as Chief Financial Officer and Principal Financial Officer of Quantum Corporation (the "Company") effective immediately. No disruption to current operations is expected as a result of Mr. White’s termination. The Company expects to timely file its quarterly report on Form 10-Q for the fiscal quarter ended September 30, 2026.


 

Effective on October 9, 2026, Hiral A. Patel, the Company’s current Chief Accounting Officer and Principal Accounting Officer, was appointed the Company’s Principal Financial Officer.