Topic: Sustainability Strategies for the Auto Industry

Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced the availability of the initial installment of the 20203/2024 fireside chat series of interviews with its President and CEO, Anthony Ambrose. Mr. Ambrose was interviewed by guest host Lucas Doub of ZMH Advisors, with the discussion focusing on sustainability strategies for the auto industry.

The interview is being streamed for public viewing over the Internet and can be accessed via the Webcasts and Presentations section of the Data I/O Corporation website at www.dataio.com and on all the Company’s social media feeds. The websites and online platforms of each of the fireside chat series event hosts are able to carry the interviews on the respective date of publication.

During the interview made available today, Mr. Ambrose discusses:

• Data I/O’s position on sustainability for its global operating footprint
• Global ISO certifications and alignment with internationally recognized ESG guidelines
• Carbon footprint neutrality; actions taken to date on SCOPE1 and SCOPE2 toward reducing emissions; and plans for SCOPE3
• How the auto industry Code of Conduct for suppliers is evolving
• Present and future trends for auto supply chain collaboration on sustainability measures
• Government regulations and auto industry mandates driving changes in ESG
• What it takes to be a good corporate citizen and promote equity for employees, customers, and investors both here and abroad
• Diversity from the Board to global team members and how this contributes to performance excellence, competitiveness and customer success
• How the global shift toward ESG principals has driven the Company’s opportunities for top line growth, customer expansion and product development roadmap

Guest Host: Lucas Doub, ESG Consultant, ZMH Advisors

Lucas Doub has 15+ years of experience working in consulting primarily for publicly traded companies. Prior to ZMH Advisors, a technology-based shareholder and ESG advisory firm, he led the Agency and Channel team for Nasdaq where he helped develop a strategy for all Nasdaq product lines and services to be represented inside strategic communication firms. He has also counseled on similar strategies with various investor relations and public relations firms. In the past 3+ years Doub has dedicated his career to ESG, CSR, & Impact Investing industry at ZMH. He has counseled publicly traded companies on their ESG Communication efforts, helped build Go-To-Market strategy for ESG advisory firms, and worked with a non-profit on corporate giving & relationships.

Data I/O 2023/2024 Fireside Chat Series Schedule:

The series will include interviews from October 2023 through April 2024. In order of anticipated production and initial release, interviews will be made available by Data I/O and the respective session host as detailed below:

Sustainability Strategies for the Auto Industry

Guest Host: Lucas Doub of ZMH Advisors

Automotive Technology Advancements & Monetization Impact

Guest Host: Kevin Garrigan of WestPark Capital*

AI Programming Security Requirement – with Special Guest Data I/O CTO Rajeev Gulati

Guest Host: Vishal Mishra of Bard Associates**

Semiconductor Programming Growth Opportunities

Guest Host: David Williams of Benchmark Company

Onshoring/Near Shoring Trends & China-Plus 1

Guest Host: Dave Marsh of Singular Research*

Smart Factory Industrial Applications

Guest Host: Avi Fisher of Long Cast Advisors**

*Equity research analyst with coverage of Data I/O Corp. as of the date of this press release.

**Owns shares of Data I/O Corp. as of the date of this press release.

The interviews will be streamed for public viewing over the Internet and accessible upon publication through links made available in the Webcasts and Presentations section of the Data I/O Corporation website at www.dataio.com and on all of the Company’s social media feeds. The websites and online platforms of each of the fireside chat series event hosts will at their discretion carry the interviews on the respective date of publication. Data I/O is pleased to have guest hosts who are respected investment community professionals, financial newsletter writers/influencers and business consultants on important and timely topics relating to the Company, its platform technologies and the global business environment.

About Data I/O Corporation

Since 1972, Data I/O has developed innovative solutions to enable the design and manufacture of electronic products for automotive, Internet-of-Things, medical, wireless, consumer electronics, industrial controls and other electronics devices. Today, our customers use Data I/O’s data programming solutions and security deployment platform to secure the global electronics supply chain and protect IoT device intellectual property from point of inception to deployment in the field. OEMs of any size can program and securely provision devices from early samples all the way to high volume production prior to shipping semiconductor devices to a manufacturing line. Data I/O enables customers to reliably, securely, and cost-effectively bring innovative new products to life. These solutions are backed by a portfolio of patents and a global network of Data I/O support and service professionals, ensuring success for our customers. Learn more at dataio.com/Company/Patents.

Forward Looking Statement & Disclaimers

Statements in this news release concerning economic outlook, expected revenue, expected margins, expected savings, expected results, expected expenses, orders, deliveries, backlog and financial positions, semiconductor chip shortages, supply chain expectations, as well as any other statement that may be construed as a prediction of future performance or events are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such statements.

Forward-looking statement disclaimers also apply to the global COVID-19 pandemic, including the effects on the Company’s business from Shanghai’s COVID-19 lockdowns and recovery, impact on the demand for the Company’s products, and the Russian invasion of Ukraine including any related international trade restrictions. These factors include uncertainties as to the ability to record revenues based upon the timing of product deliveries, shipping availability, installations and acceptance, accrual of expenses, coronavirus related business interruptions, changes in economic conditions, part shortages and other risks including those described in the Company's filings on Forms 10-K and 10-Q with the Securities and Exchange Commission (SEC), press releases and other communications.

Participation in the Data I/O Fireside Chat Series is voluntary, and no compensation is provided to guest hosts. Reference made to guest hosts, including equity research analysts and investors, in connection with this announcement and related interviews or any opinions, estimates or forecasts regarding Data I/O’s performance made by them are theirs alone and do not represent opinions, forecasts or predictions of Data I/O or its management. Data I/O does not by its reference above or distribution of marketing content in connection with the Fireside Chat Series imply its endorsement of or concurrence with such information, conclusions or recommendations by the guest hosts.

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