On February 8, 2023, First Brands Group, LLC (the “Parent”), completed the previously announced acquisition of Horizon Global Corporation (the “Company”), pursuant to an Agreement and Plan of Merger, dated as of December 30, 2022 (the “Merger Agreement”), by and among the Company, Parent and PHX Merger Sub Inc. and a wholly owned subsidiary of the Parent (the “Purchaser”). Effective as of the Effective Time: Patrick James became Chief Executive Officer as such term is defined under the Exchange Act, of the Company.