Francesca's Holdings Corporation announced that on February 8, 2021, Ms. Marie Toulantis resigned from her position as a Class I director of the Board of Directors of the company and Mr. Richard Emmett resigned from his position as a Class II director of the Board, in each case, effective immediately. The resignation of Ms. Toulantis and Mr. Emmett was not the result of a disagreement with the Company or on any matter relating to the Company's operations, policies or practices.