On August 3, 2017, C. Edward Chuck Chaplin, William F. Bill Wallace and Paul M. Wetzel were appointed as members of the board of directors of Brighthouse Financial, Inc., effective August 4, 2017. The appointment of the August 4 Directors was as a result of an increase in the number of directors serving on the board from four to six and the resignation of Peter M. Carlson as a member of the board, each effective August 4, 2017. Mr. Carlson’s decision to resign was not due to any disagreement with the company on any matter relating to the company’s operations, policies or practices. In addition, on August 9, 2017, Irene Chang Britt and Diane E. Offereins were appointed as members of the board, effective August 9, 2017. The appointment of the August 9, 2017 directors was as a result of an increase in the number of directors serving on the board from six to eight, effective August 9, 2017. Mr. Chaplin was elected as the chairman of the board, effective August 9, 2017. Ms. Chang Britt appointed as Member of Compensation Committee, Investment Committee and Chairperson of Nominating and corporate governance committee. Mr. Chaplin appointed as Member of audit committee, executive committee and Chairperson of Finance and Risk Committee. Mr. McCallion appointed as Member of Finance and Risk Committee. Ms. Offereins appointed as Chairperson of compensation committee, Member of Nominating and corporate governance committee and Finance and Risk Committee. Mr. Shouvlin appointed as Chairperson of audit committee, Member of investment committee and executive committee. Mr. Steigerwalt appointed as Chairperson of executive committee. Mr. Wallace appointed as member of audit committee and Chairperson of investment committee. Mr. Wetzel appointed as member of compensation committee, Nominating and corporate governance committee and Finance and Risk Committee. Mr. McCallion, Ms. Offereins and Mr. Shouvlin were each designated as Class I directors with terms expiring at the Company’s 2018 annual meeting of stockholders; Ms. Chang Britt, Mr. Chaplin and Mr. Wetzel were each designated as Class II directors with terms expiring at the company’s 2019 annual meeting of stockholders; and Mr. Steigerwalt and Mr. Wallace were each designated as Class III directors with terms expiring at the company’s 2020 annual meeting of stockholders.