On July 7, 2016, the board of directors of Great Ajax Corp, a Maryland corporation, unanimously appointed Paul Friedman to fill a vacancy on the company's Board of Directors. Mr. Friedman will serve as a member of the company's Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee. Mr. Friedman has served on the Board of Directors of Oppenheimer Holdings Inc. since July 2015 and is currently Chairman of its Compliance Committee and a member of its Special and Compensation Committees.