<SEC-DOCUMENT>0002021815-24-000004.txt : 20240610
<SEC-HEADER>0002021815-24-000004.hdr.sgml : 20240610
<ACCEPTANCE-DATETIME>20240607180616
ACCESSION NUMBER:		0002021815-24-000004
CONFORMED SUBMISSION TYPE:	PX14A6G
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20240610
DATE AS OF CHANGE:		20240607
EFFECTIVENESS DATE:		20240610

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Omega Flex, Inc.
		CENTRAL INDEX KEY:			0001317945
		STANDARD INDUSTRIAL CLASSIFICATION:	HEATING EQUIP, EXCEPT ELEC & WARM AIR & PLUMBING FIXTURES [3430]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				231948942
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PX14A6G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-51372
		FILM NUMBER:		241030961

	BUSINESS ADDRESS:	
		STREET 1:		451 CREAMERY WAY
		CITY:			EXTON
		STATE:			PA
		ZIP:			19341
		BUSINESS PHONE:		610-524-7272

	MAIL ADDRESS:	
		STREET 1:		451 CREAMERY WAY
		CITY:			EXTON
		STATE:			PA
		ZIP:			19341

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Los Angeles County Employees Retirement Association
		CENTRAL INDEX KEY:			0002021815
		ORGANIZATION NAME:           	
		IRS NUMBER:				956039490
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		PX14A6G

	BUSINESS ADDRESS:	
		STREET 1:		300 NORTH LAKE AVENUE
		STREET 2:		P.O. BOX 7060
		CITY:			PASADENA
		STATE:			CA
		ZIP:			91101
		BUSINESS PHONE:		(626) 564-6000

	MAIL ADDRESS:	
		STREET 1:		300 NORTH LAKE AVENUE
		STREET 2:		P.O. BOX 7060
		CITY:			PASADENA
		STATE:			CA
		ZIP:			91101
</SEC-HEADER>
<DOCUMENT>
<TYPE>PX14A6G
<SEQUENCE>1
<FILENAME>oflxshletter.htm
<TEXT>

<HTML>
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   <TITLE>oflxshletter.htm - Generated by SEC Publisher for SEC Filing</TITLE>
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<a name="page_1"></a><a name="_bclPageBorder1"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face=arial,sans-serif lang=EN-US style="font-size:11.0pt;line-height:107%;">SECURITIES
&amp; EXCHANGE COMMISSION</font></b></p>

<p align=center style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face=arial,sans-serif lang=EN-US style="font-size:11.0pt;line-height:107%;">WASHINGTON, D.C.&#160;&#160;
20549</font></b></p>

<p align=center style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font face=arial,sans-serif lang=EN-US style="font-size:11.0pt;line-height:107%;">NOTICE OF EXEMPT
SOLICITATION (VOLUNTARY SUBMISSION)</font></b></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Name of
Registrant: Omega Flex, Inc.</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Name of
persons relying on exemption: Los Angeles County Employees Retirement Association
(LACERA)</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Address of
persons relying on exemption: 300 N. Lake Avenue, Pasadena, CA 91101</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Written
materials are submitted pursuant to Rule 14a-6(g)(1) promulgated under the
Securities Exchange Act of 1934.&nbsp;Submission is not required of this filer
under the terms of the Rule but is made voluntarily in the interest of public
disclosure and consideration of these important issues.</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p align=right style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><img alt="Logo&#10;&#10;Description automatically generated" height=54 id="Picture6" src="x24060715000400.jpg" width=215>&nbsp;</p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">June 2024</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Dear&nbsp;Omega Flex, Inc. Shareowner:</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Vote &#8220;Withhold&#8221;
for the re-election of Director Nominees Stewart B. Reed and David K. Evans </font></b></p>

<div align=center style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;">

<hr align=center noshade size=2 width="100%">

&nbsp;</div>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">As
long-term investors vested in Omega Flex, Inc.&#8217;s future growth and success,
LACERA will be voting &#8220;Withhold&#8221; for&nbsp;the re-election of director nominees Stewart
B. Reed and David K. Evans at Omega Flex, Inc. (Omega Flex) June 13, 2024,
Annual General Meeting for what we believe to be </font><b><u><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">inadequate board
succession planning, lagging governance practices, and lagging track record of
inclusive recruitment </font></u></b><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">amidst trailing stock price performance. LACERA
owns approximately 1,102 shares of Omega Flex common stock as of April 3, 2024.</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-indent:-27.0pt;"><b><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Inadequate
Board Succession Planning</font></b></p>

<p style="margin-bottom:0in;margin-left:38.7pt;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font color=black face=symbol lang=EN-US style="font-size:10.0pt;line-height:107%;">&#183;</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:107%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:107%;">Omega Flex maintains a board of eight directors that is less than
two-thirds independent.</font></p>

<p style="margin-bottom:0in;margin-left:38.7pt;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font color=black face=symbol lang=EN-US style="font-size:10.0pt;line-height:107%;">&#183;</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:107%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:107%;">Half of the board (four directors) have an average tenure of over
22 years.</font></p>

<p style="margin-bottom:0in;margin-left:38.7pt;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font color=black face=symbol lang=EN-US style="font-size:10.0pt;line-height:107%;">&#183;</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:107%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:107%;">Of the other half, three directors were appointed in the past year
without an investor vote, each of whom is affiliated with the company or its history.
</font></p>

<p style="margin-bottom:0in;margin-left:38.7pt;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font color=black face=symbol lang=EN-US style="font-size:10.0pt;line-height:107%;">&#183;</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:107%;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:107%;">Despite the proxy&#8217;s representation that, &#8220;Our board of directors
itself is responsible for&#8230;recommending nominees for election by the
stockholders,&#8221; and that &#8220;identification of persons to become nominees for the board
of directors may be obtained through a variety of sources,&#8221; two of the three
directors appointed to the board (Dean W. Rivest and Edwin B. Moran) are
company executives and the third appointee (Stephen M. Shea) is an employee of
the company&#8217;s former parent corporation.<sup>1</sup> </font></p>

<p style="background:white;margin-bottom:0in;margin-left:38.7pt;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font color=black face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">At the company&#8217;s 2023 annual meeting, over 20% of shares voted
were Withheld from James M. Dubin as chair of the Nominating/Governance
Committee.<sup>2</sup></font></p>

<p style="background:white;margin-bottom:0in;margin-left:38.7pt;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Lagging
Governance Practices</font></b></p>

<p style="background:white;margin-bottom:0in;margin-left:38.7pt;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font color=black face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">No majority vote standard for director elections</font></p>

<p style="background:white;margin-bottom:0in;margin-left:38.7pt;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font color=black face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Staggered board elections</font></p>

<p style="background:white;margin-bottom:0in;margin-left:38.7pt;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font color=black face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Board is less than 2/3rds independent (board classifies Stewart B.
Reed as an independent director even though he controls 56.2% of shares
outstanding)<sup>3</sup></font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-indent:-27.0pt;"><b><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Lagging
Track Record of Inclusion in Board Recruitment</font></b></p>

<p style="background:white;margin-bottom:0in;margin-left:38.7pt;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font color=black face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Omega&#8217;s proxy does not disclose any racial or gender inclusion
among current board members and nominees.<sup>4</sup></font></p>


<a name="_bclFooter1"></a><DIV>


<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif style=""><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">PLEASE NOTE: The cost of this solicitation is
being borne entirely by LACERA. LACERA is not asking for your proxy card.&nbsp;
Please do not send us your proxy card.</font></font></p>

<p style="margin:0in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


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</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_2"></a><a name="_bclPageBorder2"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="background:white;margin-bottom:0in;margin-left:38.7pt;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font color=black face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">The Board&#8217;s Guidelines for Board Membership notes the nominating/governance
committee considers personal backgrounds including &#8220;military service, gender,
and other diversity criteria&#8221; and the proxy states, &#8220;the committee will seek to
identify and consider candidates who may have a diverse background.&#8221;<sup>5</sup>
</font></p>

<p style="background:white;margin-bottom:0in;margin-left:38.7pt;margin-right:0in;margin-top:0in;text-indent:-.25in;"><font color=black face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">The proxy describes that the board &#8220;is committed to taking
diversity objectives into account&#8230;when there are Board vacancies.&#8221; We were
unable to find a description of how the board&#8217;s recruitment process and three recent
appointments are in line with this description.<sup>6</sup></font></p>

<p style="background:white;margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-indent:-13.5pt;"><font color=black face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Empirical
research continues to link diversity with even stronger financial performance.</font></p>

<p style="background:white;margin-bottom:0in;margin-left:49.5pt;margin-right:0in;margin-top:0in;text-indent:-9.0pt;"><font color=black face="courier new" lang=EN-US style="font-size:10.0pt;line-height:normal;">o</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;"> </font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">The
National Association of Corporate Directors&#8217; (NACD) 2019 Projections on
Emerging Board Matters highlights, &#8220;The stakes for having the right people
around the boardroom table have never been higher. Increasingly, directors are
recognizing that board composition should support and reflect the strategic
needs of the organization&#8230; Of particular concern are whether there is enough
diversity in the boardroom, whether the board has the right combination of
skills and how the board views director tenure.&#8221;<sup>7</sup> </font></p>

<p style="background:white;margin-bottom:0in;margin-left:49.5pt;margin-right:0in;margin-top:0in;text-indent:-9.0pt;"><font color=black face="courier new" lang=EN-US style="font-size:10.0pt;line-height:normal;">o</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;"> </font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">The top
quartile of companies measured on gender diversity among their executive teams
were 39% more likely to be in the top quartile of companies for profitability
in 2023 &#8211; up from 25% in 2020, 21% in 2017 and 15% in 2014.<sup>8</sup></font></p>

<p style="background:white;margin-bottom:0in;margin-left:49.5pt;margin-right:0in;margin-top:0in;text-indent:-9.0pt;"><font color=black face="courier new" lang=EN-US style="font-size:10.0pt;line-height:normal;">o</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;"> </font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Top-quartile
companies measured by ethnic diversity in executive teams were 39% more likely
to outperform on profitability than those in the fourth quartile.<sup>9</sup></font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<div style="background:white;border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 1.0pt 0in;">

<p style="background:white;border:none;margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;padding:0in;text-indent:-27.0pt;"><b><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">LACERA Believes Robust Board Succession Planning is Key to Board
Quality<sup>10</sup></font></b></p>

</div>

<p style="background:white;margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-indent:-13.5pt;"><font color=black face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">LACERA
encourages boards to be composed of highly talented directors with a diverse
set of relevant skills, competencies, and attributes to oversee strategy and
risk on investors&#8217; behalf. </font></p>

<p style="background:white;margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-indent:-13.5pt;"><font color=black face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">LACERA
welcomes a mix of director tenures to ensure both institutional familiarity and
fresh perspectives, as a firm&#8217;s market environment and business strategies
evolve. </font></p>

<p style="background:white;margin-bottom:0in;margin-left:27.0pt;margin-right:0in;margin-top:0in;text-indent:-13.5pt;"><font color=black face=symbol lang=EN-US style="font-size:10.0pt;line-height:normal;">&#183;</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">We believe
core investor rights ensure fair and equitable treatment of investors and help
foster investor confidence and accountability, thereby facilitating capital
formation and growth for companies.</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Hold Directors
Accountable for Poor Board Succession Planning and Governance</font></b></p>

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<hr align=center noshade size=2 width="100%">

&nbsp;</div>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">LACERA
encourages investors to hold director nominees Stewart B. Reed and David K.
Evans accountable for what we believe to be inadequate board succession
planning, lagging governance practices, and a lack of track record of inclusion
of diverse directors.</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">As a
long-term investor, LACERA believes Omega Flex&#8217;s board needs to be comprised of
directors able to demonstrate a track record of ensuring a robust and inclusive
board refreshment and recruitment process. LACERA attempted to engage Omega
Flex on the above concerns in September 2023 but has not received a response. </font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Omega Flex, Inc. (ticker:OFLX)
stock performance, including dividends, has trailed its peers as measured by
the MSCI USA Small Cap Machinery industry by 18.3% per year over the past 5
years ending Thursday, June 6, 2024.&#160; </font></p>

<p style="background:white;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Proxy research provider
Institutional Shareholder Services Inc. is recommending a &#8220;Withhold&#8221; vote for
all director nominees at Omega Flex, Inc. at its June 13, 2024, Annual General
Meeting.</font></p>

<p style="background:white;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Please vote &#8220;Withhold&#8221; for
the re-election of Stewart B. Reed and David K. Evans at the Omega Flex, Inc. June
13, 2024, Annual General Meeting.</font></p>

<p style="background:white;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Should you have any
questions please feel free to contact Dale Johnson, Investment Officer,
at&nbsp;</font><font color=black face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">djohnson</font><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">@lacera.com.</font></p>


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<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif style=""><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">PLEASE NOTE: The cost of this solicitation is
being borne entirely by LACERA. LACERA is not asking for your proxy card.&nbsp;
Please do not send us your proxy card.</font></font></p>

<p style="margin:0in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_3"></a><a name="_bclPageBorder3"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="background:white;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="background:white;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;text-align:justify;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Sincerely,</font></p>

<p style="background:white;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;text-align:justify;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Dale
Johnson</font></p>

<p style="background:white;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;text-align:justify;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Investment
Officer</font></p>

<p style="background:white;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:3.0pt;text-align:justify;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">Los Angeles
County Employees Retirement Association (LACERA)</font></p>

<div style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;">

<hr align=left noshade size=2 width=460 style="width:345.0pt;">

&nbsp;</div>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><sup><font color=black face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;">1</font></sup><font color=black face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;">&nbsp;https://www.sec.gov/ix?doc=/Archives/edgar/data/1317945/000149315224016065/formdef14a.htm</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><sup><font color=black face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;">2</font></sup><font color=black face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;">&nbsp;https://www.sec.gov/ix?doc=/Archives/edgar/data/0001317945/000149315223021286/form8-k.htm</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><sup><font color=black face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;line-height:normal;">3
</font></sup><u><font color=#0563C1 face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;line-height:normal;">https://www.sec.gov/ix?doc=/Archives/edgar/data/1317945/000149315224016065/formdef14a.htm</font></u></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><sup><font color=black face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;line-height:normal;">4</font></sup><font color=black face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;line-height:normal;">
https://www.sec.gov/ix?doc=/Archives/edgar/data/1317945/000149315224016065/formdef14a.htm</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><sup><font color=black face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;">5</font></sup><font color=black face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;"> </font><font color=black face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;line-height:normal;">https://www.omegaflexcorp.com/wp-content/uploads/OFL-100-GUIDELINES-FOR-BOARD-MEMBERSHIP-Rev-0922-1.pdf</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><sup><font color=black face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;">6</font></sup><font color=black face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;"> </font><font color=black face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;line-height:normal;">https://www.sec.gov/ix?doc=/Archives/edgar/data/1317945/000149315224016065/formdef14a.htm</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><sup><font color=black face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;line-height:normal;">7
</font></sup><font color=black face=arial,sans-serif lang=X-NONE style="font-size:9.0pt;line-height:normal;">National Association of Corporate Directors. 2019. New Voices in
the Boardroom: The Gradual Evolution of Board Composition.
</font><font color=#0563c1 face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;">https://boardleadership.nacdonline.org/rs/815-YTL-682/images/2019%20NACD%20Governance%20Outlook%20Report.pdf?mkt_tok=eyJpIjoiTW1Wak56WmlPVGszWWpWaSIsInQiOiJQR25qeGowODY1bDVGWWFlOVRqdTBtVE45a0k1VW1BUm5sMFpnWUp2a21oXC81d3ZZbVY5cDMybkJUeVQydXl6M3ZIdzdGS0x5aFg2WTJQcUJwenVVRUVobjRYWXpuZzZDU0N6NEhZVnFQYzJIQ0xua3ZXb0V2NnR3MlVRVWZKN2QifQ%3D%3D</font><font color=black face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;"> </font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><sup><font color=black face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;">8</font></sup><font color=black face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;">&nbsp;McKinsey
&amp; Company, &#8220;Diversity Matters Even More&#8221; by Dame Vivian Hunt, Sundiatu
Dixon-Fyle, Celia Huber, Maria del Mar Martinez Marquez, Sara Prince, and
Ashley Thomas, December 2023.</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;">https://www.mckinsey.com/featured-insights/diversity-and-inclusion/diversity-matters-even-more-the-case-for-holistic-impact#/</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><sup><font color=black face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">9</font></sup><font color=#0563C1 face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;text-decoration:none;"> </font><font color=black face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;">McKinsey
&amp; Company, &#8220;Diversity Matters Even More&#8221; by Dame Vivian Hunt, Sundiatu
Dixon-Fyle, Celia Huber, Maria del Mar Martinez Marquez, Sara Prince, and
Ashley Thomas, December 2023.</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;">https://www.mckinsey.com/featured-insights/diversity-and-inclusion/diversity-matters-even-more-the-case-for-holistic-impact#/</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><sup><font color=black face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;">10 </font></sup><font color=black face=arial,sans-serif lang=EN-US style="font-size:9.0pt;line-height:normal;">LACERA&#8217;s
Corporate Governance and Stewardship Principles. https://www.lacera.com/sites/default/files/assets/documents/board/Governing%20Documents/BOI%20Policies/CorpGovPrinciples.pdf</font></p>

<p style="background:white;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face=arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>




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being borne entirely by LACERA. LACERA is not asking for your proxy card.&nbsp;
Please do not send us your proxy card.</font></font></p>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
