On February 27, 2018, the board of CatchMark Timber Trust, Inc. elected Mary E. McBride to fill the vacancy created by the resignation of Mr. John F. Rasor, effective immediately. Ms. McBride will serve as a director until the Company’s next annual meeting of stockholders and until her successor is elected and duly qualified. The board determined that Ms. McBride meets the requirements for an independent director as provided in the company’s charter and the listing standards of the New York Stock Exchange. The board also appointed Ms. McBride to serve on the board’s Finance and Investment Committee, Compensation Committee, and Nominating and Corporate Governance Committee. The election of Ms. McBride to the Board was not made pursuant to any arrangement or understanding between her and any other person. Mary E. McBride, 62, was President of CoBank, ACB from 2013 to 2016.