NILES, Ill., February 27, 2024 — Members of Shure’s Board of Directors and Executive Staff traveled to Juárez,
Mexico, to formally open the second Shure manufacturing facility there.

In the 1980s, founder S.N. Shure personally selected the city of Juárez as the location of Shure’s first manufacturing
facility in Mexico. Production began on October 1, 1984, with only ten Associates in a rented building. Shure moved
its operations to a new Shure-owned facility in 1990. In 2004, Shure expanded the plant space by 15,000 square feet. The expansion continued to 21,000 square feet in 2006.

With the continued growth, it finally came time to open a second facility.

This new facility allows for even greater product manufacturing capability. More than 130 Associates from
both plants gathered to share in this special moment.

The ceremony began with an introduction by Monse Luna, Juárez HR Manager.

Shure President and CEO Chris Schyvinck and Juárez Plant Manager Juventino Herrera delivered a welcome speech and a brief overview of the project.

Jamie Griffin, Senior VP and Chief Supply Chain Officer, emphasized the importance of this facility and its impact on
the company and to the region.

“We have a long and successful history here and we want to continue to leverage this legacy as we support our
customers,” said Griffin. “The team in Juárez is an incredibly important part of the Shure family and with the addition
of this new facility, the Shure story will continue here for many years to come.”

Within the next decade, the ramp-up of the new facility is expected to add up to 500 new Associates.
“By expanding our presence in Juárez, we can enhance our global supply chain, ensuring that our products reach the
hands of our valued customers swiftly and seamlessly,” said Schyvinck. “This additional manufacturing capability will
allow us to meet the growing demands of our customers, no matter where they are located.”

The legendary Shure SM58 Vocal Microphone is manufactured in Juárez as well as Shure’s MICROFLEX and BETA
lines, the iconic 55SH, and many wireless products like ULX-D, QLX-D, Axient Digital and more.

About Shure
Shure (www.shure.com) has been making people sound extraordinary for nearly a century. Founded in 1925, the
Company is a leading global manufacturer of audio equipment known for quality, performance, and durability. We
make microphones, wireless microphone systems, in-ear monitors, earphones and headphones, conferencing
systems, and more. For critical listening, or high-stakes moments on stage, in the studio, and from the meeting room,
you can always rely on Shure.

Shure Incorporated is headquartered in Niles, Illinois, in the United States. We have more than 40 manufacturing
facilities and regional sales offices throughout the Americas, EMEA, and Asia.