Beaver Hollow Group Seeks Board Overhaul at Servotronics (SVT), Citing Mismanagement, Governance Failures, and Urging Shareholders to Vote for Change

Summary

Dear Fellow Servotronics Shareholders,

The filing of our definitive proxy statement marks a critical step in our effort to restore transparency, performance, and integrity at Servotronics, Inc. (“Servotronics” or the “Company”). Shareholders now face a clear choice: continue with a board that has presided over years of declining shareholder value and embarrassing mismanagement, or vote to SAVE Servotronics by bringing in a new, expert leadership team with a plan to unlock the Company's full potential.

We urge you to vote FOR the election of Paul L. Snyder III, Christine R. Marlow, Michael W. Dolpp and Charles C. Alfiero on the WHITE proxy card to change the trajectory of the Company.

The current board’s failures are evident in the company’s declining financial health, deteriorating operating margins, and the persistent erosion of shareholder value. While executive compensation has remained unjustifiably high, long-term shareholders have seen their investment value steadily decline. These are not mere setbacks. They instead reflect a systemic breakdown in the board’s fiduciary duties, oversight responsibilities and executive leadership.

Even more concerning, the board has embedded “Golden Parachute” provisions into key contracts and agreements that could trigger lucrative payouts and protections for insiders simply because shareholders elect new directors. This is nothing more than an anti-shareholder governance designed to intimidate and entrench. These provisions, as described in their own filings do not protect the company or its shareholders—they merely shield the incumbents.

Most alarmingly, as detailed in the company's announcement of a so-called “Review of Strategic Alternatives,” the incumbent board has effectively abandoned its responsibilities to repair the extensive damage they have inflicted on Servotronics and its Shareholders. Pursuing a sale process at a time when the company's operations are distressed — and without any meaningful engagement with shareholders — underscores their disregard for Servotronics' longterm future. The fact that the board has failed to provide an update on this critical process before convening the 2025 Annual Meeting demonstrates a clear lack of concern and respect for proper corporate governance, their shareholders, employees, customers and other constituents.

How can shareholders reasonably entrust this board—whose mishandling of the Ontario Knife divestiture resulted in a value-destructive outcome—with executing a strategic review process in what could be the most pivotal decision in Servotronics’ history?

Our proposed nominees bring world-class expertise in manufacturing, finance, strategic turnarounds, and governance. Each is committed to serving all shareholders and restoring Servotronics to operational and financial strength.

Shareholders and Employees can review our strategic plan at https://saveservotronics.com.

This campaign is about revitalization, not disruption. We are calling on shareholders to vote the WHITE proxy card FOR Paul L. Snyder III, Christine R. Marlow, Michael W. Dolpp and Charles C. Alfiero to begin a new chapter of growth, transparency, and accountability at Servotronics.

If you have any questions or require any assistance with your vote, please contact the Alliance Advisors, LLC, which is assisting us, at BHW@allianceadvisors.com or calling toll-free (844) 202-6145.

Thank you very much for your support.

Sincerely,

Paul L. Snyder III
Beaver Hollow Wellness, LLC

Source:

https://www.sec.gov/Archives/edgar/data/89140/000143774925014306/bhw20250502_dfan14a.htm