Verso Corporation appointed Marvin Cooper to fill the vacancy on the Board that remained due to the election of only six directors at the Annual Meeting. Mr. Cooper will serve as director until the Company's 2020 annual meeting of stockholders (the 2020 Meeting") and the due election and qualification of his successor, or his earlier death, removal or resignation. Following the appointment of Mr. Cooper, the size of the Board remained fixed at a total of seven directorships.