On January 24, 2014, Robert Bennett submitted his resignation as a member of the Board of Directors of Demand Media, Inc. effective as of February 28, 2014, which is the date that the company currently expects to substantially complete its audit for the fiscal year ending December 31, 2013. In his discussion with the Board regarding his decision, Mr. Bennett indicated he wanted to reduce the overall number of public company boards of directors on which he currently serves.