NN, Inc. announced the formation of a Strategic Committee of its Board of Directors to oversee a review of strategic and financial alternatives aimed at enhancing shareholder value. The committee, consisting of three independent directors, will evaluate a wide range of strategic, financial, and business configuration options for the company. NN, Inc. has engaged Houlihan Lokey as its financial advisor for this process. The company has not set a timetable for the completion of the review and does not intend to provide further updates unless a specific course of action is approved or further disclosure is deemed necessary.