On September 8, 2022, The Children's Place, Inc. (the Company) announced that Robert Helm, Chief Financial Officer, would be leaving the Company following a transition period of up to 30 days. The termination of employment of Mr. Helm is not the result of any issues relating to financial disclosures or accounting matters, or any disagreements with the Company on any matter relating to the Company's operations, polices or practices. The Company is actively conducting a search for a Chief Financial Officer.

Senior executives in the finance and accounting departments will assume the duties and responsibilities of the Chief Financial Officer position, working in close coordination with the Company's Chief Executive Officer, until a new Chief Financial Officer is appointed.