X0306 4 2018-08-28 0001108320 SMTC CORP SMTX 0001325533 Red Oak Partners, LLC 1441 BROADWAY SUITE 5022 NEW YORK NY 10018 1 0001423093 Sandberg David 1441 BROADWAY SUITE 5022 NEW YORK NY 10018 1 1 Common Stock 766968 I By Pinnacle Opportunities Fund, LP directly Common Stock 2018-08-28 2018-08-28 4 M 0 1753579 2.25 A 1820182 I By The Red Oak Institutional Founders Long Fund LP directly Common Stock 2018-08-28 2018-08-28 4 M 0 222222 2.25 A 921371 I By David Sandberg Directly Common Stock 2018-08-28 2018-08-28 4 M 0 230794 2.25 A 818420 I By the Red Oak Long Fund LP directly Common Stock 2018-08-28 2018-08-28 4 M 0 106502 2.25 A 1271725 I By the Red Oak Fund LP directly Restricted Stock Unit 1.60 2017-12-13 2017-12-13 4 A 0 12500 1.60 A 2017-12-13 2018-12-13 Common Stock 12500 12500 D Subscription Rights (right to buy) 2.25 2018-08-28 4 M 0 2313097 0 A 2018-07-23 2018-08-28 Common Stock 2313097 0 D ROP serves as a managing member of Pinnacle Capital Partners, LLC, a Florida limited liability company ("Pinnacle Partners"). Pinnacle Partners is the general partner of Pinnacle Opportunities Fund, LP, a Delaware limited partnership ("Pinnacle Fund"), the direct owner of the subject securities. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose. ROP serves as the general partner of The Red Oak Institutional Founders Long Fund, LP, a Delaware limited partnership (the "Founders Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Founders Fund's portfolio manager. Red Oak Partners, LLC ("ROP") serves as the general partner of The Red Oak Fund, LP, a Delaware limited partnership (the "Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Fund's portfolio manager. ROP serves as the general partner of The Red Oak Long Fund, LP, a Delaware limited partnership (the "Long Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Long Fund's portfolio manager. These transactions represents 2,313,097 common shares acquired for $2.25 a share via the exercise of basic and oversubscription rights as per the SMTC rights offering for holders of record as at July 23, 2018. /s/ David Sandberg 2018-08-31