Emergent Capital, Inc., following the consummation of the Master Transaction Agreements made as of March 15 and May 12, 2017, as amended to date and from time to time, by and between the company, PJC Investments, LLC, and the Consenting Convertible Note Holders party to each Master Transaction Agreement, five members of the company’s Board of Directors will resign and PJC or its designee will be entitled to designate four directors, and certain Consenting Holders will be entitled to designate one director, to fill the resulting vacancies. The Designees consist of Patrick J. Curry; Joseph E. Saracheck; Matthew T. Epstein; James Hua; and Robert Knapp. Mr. Curry currently serves as the President and Chief Executive Officer of PJC Investments, LLC. Mr. Sarachek has been the founding principal of Triax Capital Advisors since 2001. Mr. Saracheck currently serves as Chapter 11 Trustee appointed by the US Department of Justice to turnaround a multi-million dollar agricultural business. Mr. Epstein currently serves as a Senior Analyst for Evermore Global Advisors. Mr. Hua currently serves as Portfolio Manager for Opal Advisors and as Chief Investment Officer for Sheppard Wealth Management. Mr. Knapp is the Managing Director of Ironsides Partners LLC. Mr. Knapp is also a director of MVC Capital, Inc.; a director and audit committee member of Castle Private Equity AG; a director of the Africa Opportunity Fund Limited; and a director of MPC Container Ships AS.