As all of the members of the nominating and corporate governance committee of Leaf Group Ltd. are up for election at the Company’s 2020 annual meeting of stockholders, the Board of Directors formed an ad hoc committee consisting of all other independent directors. The ad hoc committee decided to nominate Mr. Charles (Lanny) Baker and Ms. Jennifer Schulz for election as directors at the Company’s 2020 annual meeting of stockholders. The ad hoc committee did not nominate Mr. John Hawkins or Mr. Brian Regan. On May 1, 2020, the Board received a letter from Mr. Hawkins pursuant to which he resigned as a director of the Board, effective immediately. Mr. Hawkins was a member of the Company’s nominating and corporate governance committee at the time of his resignation.