Tactile Systems Technology, Inc. (the “Company”) has entered into a Stipulation of Settlement in the stockholder derivative lawsuit pending in the United States District Court for the District of Delaware captioned Jack Weaver v. Moen, et al., File No. 1:22-cv-01063-GBW. For more information, see the Stipulation of Settlement and the Notice of Pendency of Derivative Action, Proposed Agreement of Settlement and Release, and Settlement Hearing.