On July 26, 2018, Allan Leinwand notified the Board of Directors of Marin Software Incorporated that he is resigning from the Board effective immediately. In addition, on July 27, 2018, James Barrese notified the Board that he is resigning from the Board effective immediately. Neither Mr. Leinwand’s nor Mr. Barrese’s decision is a result of any disagreement with the company. Furthermore, as a result of the resignations of Messrs. Leinwand and Barrese, and in order to keep the number of directors equal among the Company’s director classes pursuant to its certificate of incorporation, effective July 30, 2018, the Board appointed Brian Kinion as a Class III director. Mr. Kinion was previously a Class I director. In addition, the Board approved a reduction in the authorized number of directors of the Board from seven to five, with two authorized Class I directors, one authorized Class II director and two authorized Class III directors, and elected Daina Middleton to the Compensation Committee of the Board.