Front Yard Residential Corporation has agreed to appoint two new independent directors, Leland Abrams and Lazar Nikolic, to the company's Board of Directors immediately following the Company’s Annual Meeting of Stockholders on May 23, 2019. Concurrently, David B. Reiner will be retiring from the Board. With these changes, Front Yard’s Board will increase from seven to eight directors, seven of whom are independent. Snow Park has agreed to vote for Front Yard’s entire slate of director nominees at the Company’s upcoming annual meeting and to withdraw its proxy contest. Leland Abrams, age 36, has served as a Fund Manager at Wynkoop, LLC. Lazar Nikolic, age 39, is the founder and has served as managing member of both JPL Advisors LLC and JPL Management Services LLC.