On October 2, 2020, the CCUR Holdings, Inc. announced that Igor Volshteyn, the Company’s Chief Operating Officer and President, also assumed the roles of Principal Executive Officer (“PEO”) and Principal Financial Officer (“PFO”) as of October 1, 2020. Jonathan Tegge, serving as the Company’s Principal Accounting Officer under the supervision of Mr. Volshteyn, will be responsible for the preparation and presentation of the Company’s financial statements. Igor Volshteyn, age 43, has served as interim Chief Operating Officer (“COO”) and President of the Company since June 11, 2020. Prior to becoming interim COO and President of the Company, Mr. Volshteyn served as Senior Vice President of Business Development of the Company commencing on January 1, 2019.