Duane Dinninger named President of Avalon & Tahoe Mfg., Inc.

Avalon & Tahoe is the 3rd largest pontoon boat manufacturer in the world.

Alma, MI., January 13, 2021. President & CEO Jim Wolf announces that he has promoted Duane Dinninger to
lead the company’s day-to-day business operations as President of the company effective January 1st. 2021. Mr.
Wolf remains active as the company CEO and in his roles of company visionary, corporate oversight and leader
of broad-based planning. Wolf said about the transition “Duane has been my right-hand-man and life-long friend
since grade school. Who better to formally recognize than the guy who has been there by my side to make our
phenomenal success a reality! Duane is a true leader and will continue to follow through with the world-class,
core family and business values that this company has been built upon. Most importantly, Duane will ensure
that we remain the very best at what we do best, which is to be the very best pontoon boat builder in the world!
I am confident that Duane’s passion for the business and his willingness to always “do the right thing” is why
Avalon & Tahoe is going to continue to experience exponential growth for many years to come.”

Effective 1/1/2021 Duane Dinninger ascends to President of Avalon & Tahoe Mfg., Inc. and. takes the leadership
of all operations at the company’s pontoon production facility.

Duane is a 15-year veteran with the organization and has held the role of Vice President of Operations since
arriving at Avalon & Tahoe in 2006. Dinninger has a combined 25 years of executive level manufacturing
experience and a Bachelor of Applied Science in Industrial Engineering degree from Western Michigan
University. As a direct result of his experience, leadership and commitment to creating Avalon’s top notch
production environment, the company has excelled in the high-quality design and construction of some of the
world’sfinest pontoon boats. Duane has been instrumental in effectively overseeing the company’s Engineering
and Production activities which have allowed Avalon & Tahoe to achieve the fastest growth in the pontoon
segment of the boating industry. Duane will lead the management team and will continue to hold the highest
quality standards of customer service that retail customers and dealers have come to expect under Wolf’s
leadership. This change will accelerate the momentum Avalon & Tahoe has experienced to bring customers,
dealers, employees, and shareholders an even better experience in the coming years.

About Avalon & Tahoe:
Avalon & Tahoe Mfg., Inc. is the 3rd largest pontoon manufacturer in the world. Founded in 1972 (formerly
Playbuoy Pontoons) Avalon & Tahoe has a long history of producing high quality, luxury pontoon boats. The
vertically integrated builder has become Gratiot County’s largest employer, employing over 400 individuals on
the manufacturing floor consisting of master furniture builders, welders, fabricators, wood workers, assemblers
and quality control engineers all based out of its Alma, Michigan facility. Avalon & Tahoe has also been awarded
some of the highest honors in the boating and manufacturing industries including recently being awarded: 2019
Michigan Manufacturer of the Year, 2020 NMMA Innovation Award, named 2020 Boating Industry’s Top
Product, 2008-2020 (annual) CSI Customer Service Awards.

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