Global Brokerage, Inc. announced that in an effort to further minimize expenses as contemplated by the restructuring, the Board of Directors of the company has also decided to reduce its size. Effective as of the Effective Date of the Plan, Messrs. David Sakhai and Eduard Yusupov will resign from their positions as members of the Board.

Messrs. Sakhai and Yusupov do not serve on any committees of the Board. In addition, the Executive Officers of the company will submit their resignation to the Board, effective as of the Effective Date of the Plan: (i) Margaret Deverell, Chief Accounting Officer, (ii) Robert Lande, Chief Financial Officer, and (iii) David S. Sassoon, General Counsel.