On November 27, 2018, Priority Technology Holdings, Inc. announced the appointment of Michael Vollkommer as Chief Financial Officer on November 20, 2018, effective as of December 3, 2018. In connection with Mr. Vollkommer's appointment as Chief Financial Officer, Priority and Mr. Vollkommer entered into an offer of employment letter dated as of November 8, 2018. On November 27, 2018, Priority announced the appointment of Bruce Mattox, 62, as Chief Accounting Officer and his removal from his role as Chief Financial Officer on November 20, 2018, effective as of December 3, 2018.

On November 27, 2018, Priority announced the appointment of Thomas Priore as President and Chief Executive Officer on November 20, 2018, effective as of December 3, 2018. Thomas Priore will continue to serve as the Chairman of the Board of Directors of Priority. Priority and Thomas Priore expect to enter into an employment agreement.

On November 27, 2018, Priority announced the appointment of John Priore as Vice-Chairman on November 20, 2018, effective as of December 3, 2018. John Priore has resigned from his role as Chief Executive Officer effective as of December 3, 2018, but will continue to serve as a member of the Board of Directors of Priority.