On March 8, 2021, the board of directors (the “Board”) of Odyssey Marine Exploration, Inc. (“Odyssey”) increased the number of directors constituting the Board from six to seven and elected Todd E. Siegel to fill the vacancy created thereby, with Mr. Siegel’s election to be effective on March 16, 2021. Mr. Siegel will hold office until the next election of directors and until his successor is elected and qualified or until his earlier resignation or removal. Mr. Siegal will serve on the Audit Committee, the Compensation Committee, and the Nominating and Governance Committee, and he will receive compensation under the Company’s Non-Employee Director Compensation Plan. Mr. Siegel is currently the Chief Executive Officer of Centered Solutions, LLC, a position he has held since 2017. Previously, Mr. Siegel served as President and Chief Executive Officer of MTS Medication Technologies, Inc. from 1993 to 2010. On March 8, 2021, the Board also appointed Laura L. Barton as Chief Business Officer, a newly created position, to lead business operations and strategic initiatives for the Company, allowing the President and COO to focus on expanding and increasing the value of Company’s mineral portfolio. Ms. Barton also serves as a member of the Board and as Odyssey’s Corporate Secretary.