Security

Type

Security Class

Title

Fee Calculation

or Carry

Forward Rule

Amount

Registered (2)

Proposed

Maximum

Offering

Price Per

Unit

Maximum

Aggregate

Offering

Price

Fee Rate

Amount of

Registration

Fee

Newly Registered Securities

Fees to Be Paid

Equity issued pursuant to Amended and Restated 2019 Omnibus Award Plan (1)

Common Stock no par value per share

Rule 457(c) and 457(h)

2,350,000

$13.77 (3)

$32,359,500

.0001102

$3,567

Total Offering Amounts

Total Fee Offsets

N/A

Net Fee Due

       (1)

Pursuant to the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall be deemed to cover shares of common stock (“Common Stock”) of LSI Industries Inc. (the “Registrant”) to be offered or issued in connection with any stock splits, stock dividends or similar transactions, whether pursuant to the terms of the LSI Industries, Inc Amended and Restated 2019 Omnibus Award (the “Plan”) or otherwise.

(2)

Represents the total number of shares of Common Stock being registered hereby.

(3)

Estimated solely for purposes of calculating the amount of the registration fee pursuant to Rule 457(h), based upon the average of the high and low prices of the Common Stock on The NASDAQ Global Select Market as of February 2, 2023.