On January 8, 2020, Michael Galego notified the board of directors of the Better Choice Company Inc. of his decision to resign from the Board and the Audit Committee of the Board, effective as of January 9, 2020. Mr. Galego’s resignation is not due to any disagreement with the company, the Board or management of the company. In addition, the Board has appointed Michael Young, to serve as Chair of the Board and Chair of the Audit Committee of the Board, in each case as of January 9, 2020, to serve in such capacity until the earlier of his successor being duly elected and qualified or his death, resignation or removal. The Board has also appointed Clinton Gee to serve on the Audit Committee of the Board, effective as of January 9, 2020. On January 9, 2020, Edward J. Brown Jr. was appointed to the Board of the Company, effective upon the resignation of Mr. Galego, with an initial term expiring at the Company’s next meeting of stockholders at which directors are elected and until his successor is duly elected and qualified or until his earlier death, disqualification, resignation or removal.