HG Holdings, Inc. announced that on May 31, 2024, Justin H. Edenfield resigned as Principal Financial and Accounting Officer; Secretary of the company. Mr. Edenfield will be focusing his efforts on a new role at HP Managing Agency, LLC. Mr. Edenfield?s resignation was not due to any disagreement with the Company relating to the Company?s operations, policies or practices.

In connection with Mr. Edenfield?s resignation, the board of directors of the Company has elected Anna Lieb to serve as Principal Financial and Accounting Officer; Secretary of the Company effective as of May 31, 2024. Mrs. Lieb, age 41, has served as Controller of HG Managing Agency, LLC since September 2023. She also has served as Treasurer and Chief Financial Officer of National Consumer Title Insurance Company since May 2024.

Mrs. Lieb has over 15 years of experience in finance and accounting, specializing in the insurance industry. Prior to joining the Company, Mrs. Lieb served as a Financial Controller and Vice President of SEC Reporting at SiriusPoint Ltd. from March 2019 to August 2023. From November 2013 until joining SiriusPoint Ltd., Mrs. Lieb served as an Accounting Advisory and Policy Manager at Marsh & McLennan Companies, Inc. Prior to that, Mrs. Lieb was an Audit Manager at KPMG LLP.

There are no arrangements or understandings between Mrs. Lieb and any other person pursuant to which she was elected as an officer of the Company.