On August 15, 2014, Paul J. Milbury, a member of the Board of Directors of Aerohive Networks, Inc., and a member of the Board's Audit and Compensation Committees, informed the company that he will resign from the Board and its committees, effective August 31, 2014. Mr. Milbury's resignation is not due to any disagreement with the Company related to its operations, policies or practices. In connection with Mr. Milbury's resignation, the Board intends to reduce the number of authorized directors from ten to nine.