On January 23, 2018, Kristine Ault resigned from the board of directors of DPW Holdings, Inc. . Ms. Ault resigned in connection with the appointment of Jeff Bentz to the board. There were no disagreements between the company and Ms. Ault in connection with Ms. Ault's resignation.

On January 25, 2018, Mr. Amos Kohn resigned as Chief Financial Officer. Mr. Kohn resigned as Chief Financial Officer in connection with the appointment of William Horne as Chief Financial Officer. Mr. Kohn will continue to serve as President.

There were no disagreements between the company and Mr. Kohn in connection with Mr. Kohn's resignation as Chief Financial Officer. On January 25, 2018, Mr. William Horne was appointed as Chief Financial Officer and Executive Vice President of the company and its subsidiaries. On January 24, 2018, the board appointed Mr. Jeff Bentz to the board of directors.

Since 1994, Mr. Bentz has served as President of North Star Terminal & Stevedore Company, a full-service stevedoring company located in Alaska and whose major areas of business include terminal operations and management, stevedore services, and heavy equipment operations. Mr. Bentz has been appointed to the audit, compensation and nomination and governance committees of the board.