On July 29, 2019, Mr. Steven S. Bloom resigned as a member of the board of directors, and of the Audit Committee, Compensation Committee and Governance Committee of MMA Capital Holdings, Inc., effective immediately. Mr. Bloom was an independent director and was Chair of the Audit Committee. The company continues to maintain each of its committees (Audit, Compensation and Governance) with at least three independent members of the Board. In addition, the Board has appointed Mr. Frederick W. Puddester, an independent director of the company and member of the Audit Committee since 2012, as Interim Chairman of the Audit Committee, effective immediately.