On June 19, 2019, Pier 1 Imports, Inc. appointed Deborah Rieger-Paganis as Interim Principal Financial Officer of the company. Ms. Rieger-Paganis has been serving as the company’s Interim Chief Financial Officer since April 17, 2019. Ms. Rieger-Paganis is employed as a managing director of AlixPartners, LLP and will continue in that capacity while serving as Interim Chief Financial Officer and Interim Principal Financial Officer of the company. In her capacity as a managing director at AlixPartners, Ms. Rieger-Paganis has worked closely with the Company’s leadership team in a consulting capacity. Ms. Rieger-Paganis has more than 30 years of experience leading and improving retail companies’ finance organizations and business operations, including 17 years at AlixPartners, where she has served as both an advisor and an interim chief financial officer to a range of companies. On April 17, 2019, the Company entered into an agreement for the provision of interim management services (the “APS Agreement”) with AP Services, LLC (“APS”), pursuant to which Ms. Rieger-Paganis is serving as Interim Chief Financial Officer. AlixPartners, LLP (“AlixPartners”), an affiliate of APS, and the Company are parties to a letter agreement, dated January 14, 2019 and the addendums thereto (collectively, the “AlixPartners Consulting Agreement”), pursuant to which AlixPartners provides financial and operational consulting services to the Company on a per project basis. Other than as set out above, the selection of Ms. Rieger-Paganis to serve as Interim Principal Financial Officer of the Company was not pursuant to any agreement or understanding between her and any other person. There are no transactions between the Company and Ms. Rieger-Paganis that would be reportable under Item 404(a) of SEC Regulation S.K. In addition, the Company has determined that there are no family relationships between Ms. Rieger-Paganis and any director or executive officer of the Company. Effective with Ms. Rieger-Paganis’ appointment, Darla D. Ramirez, Vice President and Controller of the Company’s operating subsidiaries and the Company’s Principal Accounting Officer, stepped down as Interim Principal Financial Officer of the Company on June 19, 2019.