The stockholders of 1347 Property Insurance Holdings, Inc. at the Annual Meeting of Stockholders held on May 31, 2018, the shareholders approved General E. Gray Payne as director. Following the Annual Meeting, the committees of the Board of Directors were reconstituted as follows: (i) Audit Committee – Dennis A. Wong (Chairman), General E. Gray Payne and Scott D. Wollney; (ii) Compensation and Management Resources Committee – General E. Gray Payne (Chairman) and Scott D. Wollney; and (iii) Nominating and Corporate Governance Committee – General E. Gray Payne (Chairman) and Scott D. Wollney. Each committee member satisfies the independence requirements of the Nasdaq listing standards and all other applicable rules and regulations. Lewis M. Johnson serves as Co-Chairman of the Board.