On April 11, 2019, the Board of Directors of Drive Shack Inc. increased the size of the Board to nine members and appointed Virgis W. Colbert and Benjamin M. Crane to the Board of Directors, effective immediately. Mr. Colbert and Mr. Crane each will serve as a Class II director until the 2019 Annual Meeting of Stockholders, and until his successor is duly elected and qualified. Mr. Colbert will serve on the Audit and Compensation Committees of the Board as an independent director under New York Stock Exchange standards (as determined by the Board). Mr. Crane will serve on the Compensation Committee of the Board as an independent director under NYSE standards (as determined by the Board).