On July 11, 2017, the Board of Directors of Town Sports International Holdings, Inc. unanimously agreed to expand the size of the Board from five directors to seven directors, and to appoint Marcus B. Dunlop and Mandy Lam as directors, to hold office until the 2018 Annual Meeting of Stockholders. Marcus B. Dunlop is an investment professional at HG Vora Capital Management, LLC. Mandy Lam is General Counsel at HG Vora responsible for managing legal and regulatory matters at the firm. Except as otherwise disclosed herein, there are no arrangements or understandings in connection with the appointment of Mr. Dunlop and Ms. Lam to the Board, or any relationships or related party transactions between the Company or any of its executive officers and/or directors, and Ms. Lam and Mr. Dunlop that would require disclosure under Item 404(a) of Regulation S-K.