AutoWeb, Inc. announced on May 27, 2022, Michael A. Carpenter notified the Chairman of the Board of Directors (“Board”) of the Company that, effective immediately, he was resigning his position as a member of the Board and as a member of the Board's Audit Committee (“Audit Committee”). Mr. Carpenter was a member of the Board's Audit Committee. Mr. Michael J. Fuchs has been appointed by the Board to serve as a member of the Audit Committee to replace Mr. Carpenter.