Motorcar Parts of America to Ring Nasdaq Closing Bell

Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced Selwyn Joffe, the company’s chairman, president and chief executive officer, and senior members of its leadership team will preside over the Nasdaq Closing Bell ceremony at 4:00 p.m. Eastern time on Wednesday, May 22, 2024.

The ceremony will be held in the broadcast studio of the Nasdaq MarketSite located at 4 Times Square, 43^rd Street and Broadway, in New York City. The ceremony can be viewed via the link below beginning at approximately 3:45 p.m. Eastern time: https://www.nasdaq.com/marketsite/bell-ringing-ceremony

“The closing bell ceremony is an opportunity to showcase our company’s 30-year history on Nasdaq and its leadership position within the automotive aftermarket industry,” said Selwyn Joffe, chairman, president and chief executive officer of Motorcar Parts of America.

“Our mission is to be the global leader for parts and solutions that move our world today and tomorrow, and we look forward to the next 30 years -- driven by industry-leading quality products, capacity and service,” Joffe added.

Additional Upcoming Corporate Events, include:

• Jefferies Automotive Conference on May 23, 2024 in New York.
• The company’s fiscal 2024 year-end conference call the week of June 10, with a formal announcement and details the prior week.
• Oppenheimer's 24^th Annual Consumer Growth and E-Commerce Conference (virtual) on June 12, 2024.

About Motorcar Parts of America

Motorcar Parts of America, Inc. is a remanufacturer, manufacturer, and distributor of automotive aftermarket parts -- including alternators, starters, wheel bearings and hub assemblies, brake calipers, brake pads, brake rotors, brake master cylinders, brake power boosters, turbochargers, and diagnostic testing equipment utilized in imported and domestic passenger vehicles, light trucks, and heavy-duty applications. Its products are sold to automotive retail outlets and the professional repair market throughout the United States, Canada, and Mexico, with facilities located in California, New York, Mexico, Malaysia, China and India, and administrative offices located in California, Tennessee, Mexico, Singapore, Malaysia, and Canada. In addition, the company’s electrical vehicle subsidiary designs and manufactures testing solutions for performance, endurance, and production of multiple components in the electric power train – providing simulation, emulation, and production applications for the electrification of both automotive and aerospace industries, including electric vehicle charging systems. Additional information is available at www.motorcarparts.com.

Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for certain forward-looking statements. The statements contained in this press release that are not historical facts are forward-looking statements based on the company’s current expectations and beliefs concerning future developments and their potential effects on the company. These forward-looking statements involve significant risks and uncertainties (some of which are beyond the control of the company) and are subject to change based upon various factors. Reference is also made to the Risk Factors set forth in the company’s Form 10-K Annual Report filed with the Securities and Exchange Commission (SEC) in June 2023 and in its Forms 10-Q filed with the SEC for additional risks and uncertainties facing the company. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as the result of new information, future events or otherwise.

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