On July 7, 2021, the board of directors of Sequential Brands Group Inc. appointed Sherman Edmiston III to serve as a new member, effective immediately. Mr. Edmiston was appointed as a Class I director for a term expiring at the 2024 Annual Meeting of Stockholders or until his successor is duly elected or qualified. The Board appointed Mr. Edmiston to the Audit Committee of the Company. Mr. Edmiston is the Managing Member of HI CapM Advisors Ltd. since August 2016. Mr. Edmiston currently serves on the board of directors of Arko Corp., GTT Communications, Inc., Key Energy Services, Mallinckrodt Specialty Generics, REAL ALLOY, and WorldStrides ET&S. Previous directorships include Arch Resources, Inc., Centric Brands, HCR Manorcare, Harvey Gulf International Marine, Monitronics Inc., JL French Automotive, Maremont Corporation and Preferred Sands.