JAKKS Pacific, Inc. [NASDAQ: JAKK] today announced with deep sadness the sudden death of Fergus McGovern, a member of its Board of Directors since December 2014.

Stephen Berman, Chairman and Chief Executive Officer, stated, “Fergus McGovern, a video games development pioneer, was not only a valued member of our Board of Directors, he was also an esteemed friend for more than 20 years. He will be sorely missed. The entire Board and management team of JAKKS, and me personally, extend our heartfelt condolences to Mr. McGovern’s widow, Deanna, and three children, Abby, Ryan and Ella.”

About JAKKS Pacific, Inc.

JAKKS Pacific, Inc. (NASDAQ: JAKK) is a leading designer, manufacturer and marketer of toys and consumer products sold throughout the world, with its headquarters in Santa Monica, California. JAKKS Pacific’s popular proprietary brands include BIG-FIGS™, XPV®, Real Construction®, Max Tow™ and Friends, Disguise®, Moose Mountain®, Funnoodle®, Maui®, Kids Only!®, as well as a wide range of entertainment-inspired products featuring premier licensed properties. DreamPlay Toys, LLC is a joint venture between JAKKS and NantWorks LLC to develop, market and sell toys and related consumer products incorporating NantWorks’ proprietary iD™ recognition technology. Through JAKKS Cares, the company’s commitment to philanthropy, JAKKS is helping to make a positive impact on the lives of children. Visit us at www.jakks.com and follow us on Instagram (@jakkstoys), Twitter (@jakkstoys) and Facebook (JAKKS Pacific).

© 2016 JAKKS Pacific, Inc. All rights reserved.