On March 26, 2021, Robert Shafir notified Sculptor Capital Management, Inc. (the “Company”) of his decision to resign from the Company’s Board of Directors (the “Board”), effective April 1, 2021. On March 26, 2021, the Board appointed Wayne Cohen, the Company’s President and Chief Operating Officer, to serve as a Class I director of the Company, effective April 1, 2021, for a term that coincides with the remainder of the three-year term of the existing Class I directors, at which point it is anticipated that he will stand for reelection.