On July 23, 2018, Jonathan L. Wilcox resigned as the Vice President and Chief Financial Officer of American Renal Associates Holdings, Inc., effective as of September 30, 2018. Effective October 1, 2018, Jason Boucher, the Company's current Vice President of Finance, Chief Accounting Officer and Treasurer will succeed Mr. Wilcox as Vice President and Chief Financial Officer. Mr. Boucher will retain his role as the Company's Treasurer and principal accounting officer.

Mr. Boucher has served as the Company's Chief Accounting Officer and Treasurer since January 2017 and as its Vice President of Finance since May 2011. Prior to joining the Company, Mr. Boucher was the Corporate Controller of Pegasystems Inc. from 2007 to 2011. Mr. Boucher additionally held financial positions in various technology companies.

In connection with Mr. Boucher's promotion to Vice President and Chief Financial Officer, the Company expects to enter into an employment agreement with Mr. Boucher.