TTM Technologies, Inc. Adopts Special Board Resolution with Defense Counterintelligence and Security Agency Replacing Special Security Agreement

SANTA ANA, Calif., Feb. 02, 2023 (GLOBE NEWSWIRE) — TTM Technologies, Inc. (“TTM,” NASDAQ:TTMI), a leading global manufacturer of technology solutions including engineered systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies, and printed circuit boards (“PCB”), announced today that pending confirmation by the Defense Counterintelligence and Security Agency (“DCSA”), the TTM Board of Directors has adopted a Special Board Resolution (“SBR”), replacing the Special Security Agreement (“SSA”) that the Company had entered into with the DCSA in 2010. The replacement of the SSA with the SBR is a result of the significantly reduced foreign ownership of TTM. The effective date of the SBR is February 2^nd, 2023.

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