Peak Resorts, Inc. announced that upon consummation of the Merger, (i) at the Effective Time, Timothy D. Boyd, David W. Braswell, Richard K. Deutsch, Stanley W. Hansen, Rory A. Held, Carl E. Kraus, Stephen J. Mueller and Christopher S. O’Connor ceased service as directors of the Peak Resorts, Inc. (Company) and (ii) as of 5:00 PM Central Standard Time on September 24, 2019, Timothy D. Boyd, Christopher J. Bub, Richard K. Deutsch and Stephen J. Mueller shall cease to be officers of the Company. Simultaneously, Robert A. Katz and David T. Shapiro, the directors of Merger Sub immediately prior to the Effective Time, became the directors of the Company as the survivor of the Merger until their respective successors are duly elected or appointed and qualified or their earlier death, resignation or removal and Robert A. Katz and David T. Shapiro, the officers of Merger Sub immediately prior to the Effective Time, became the officers of the Company as the survivor of the Merger until their respective successors are duly elected or appointed and qualified or their earlier death, resignation or removal, in each case, in accordance with the Amended and Restated Articles of Incorporation and the Amended and Restated By-laws (each as defined herein). Information with respect to Robert A. Katz and David T. Shapiro.