SMTC Corporation Annual report pursuant to Section 13 and 15(d)

Note 15 - Related Party Transactions

12 Months Ended

Dec. 31, 2017

Related Party Transactions

The Company incurred Director fees of

$220,

$220

and

$246

for the years ended

December 31, 2017,

January 1,

2017and

January 3, 2016,

respectively. The Company incurred stock based compensation expense related to stock based awards for Directors of

$110,

$85

and

$52

for the years ended

December 31, 2017,

January 1, 2017

and

January 3, 2016,

respectively. These charges were included in selling, general and administrative expenses.