Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain

Officers.

On August 12, 2021, the Executive Committee (the "Governing Body") of Endeavor Group Holdings, Inc. (the "Company") increased the size of the Board of Directors (the "Board") from seven to eight directors and appointed Jacqueline D. Reses to fill the newly created vacancy on the Board and as a member of the Board's Section 16b-3 Committee, in each case, effective August 16, 2021. Ms. Reses will serve as a Class III director with a term expiring at the Company's annual meeting of stockholders to be held in 2024 and until her successor is duly elected and qualified or her earlier death, disqualification, resignation or removal.

Ms. Reses currently serves as the Chief Executive Officer of Post House Capital LLC, a private investment firm focused on consumer and financial technology. Ms. Reses previously served as Executive Chairperson of Square Financial Services LLC and Capital Lead at Square, Inc., a publicly traded financial services company which provides payments, point of sale, and cash flow management services to small businesses and consumers, from October 2015 to October 2020. From September 2012 to October 2015, Ms. Reses served as Chief Development Officer for technology company Yahoo! Inc. Prior to Yahoo, Ms. Reses served as the head of the U.S. media group at Apax Partners Worldwide LLP, a global private equity firm, which she joined in 2001. Ms. Reses currently serves on the boards of directors of Affirm Holdings, Inc., Pershing Square Tontine Holdings, Ltd. and TaskUs, Inc., as well as at ContextLogic Inc., where she serves as Executive Chair. Ms. Reses is also the Chair of the Economic Advisory Council of the Federal Reserve Bank of San Francisco and sits on the Wharton School Board of Advisors. She previously served on the boards of directors of Alibaba Group Holdings Limited, and Social Capital Hedosophia Holdings Corp. Ms. Reses received a bachelor's degree in economics with honors from the Wharton School of the University of Pennsylvania.

Ms. Reses is eligible to participate in the Company's Non-Employee Director Compensation Policy, which provides for: (i) an annual cash retainer of $107,000 for serving on the Board, earned on a quarterly basis; (ii) an initial restricted stock unit award with a prorated grant date value of $182,000, granted upon joining the Board, that vests on the Company's next annual meeting of stockholders following the date of grant, subject to her continuing in service through the date of such annual meeting; and (iii) an annual restricted stock unit award with a grant date value of $182,000, granted on the date of the Company's annual meeting of stockholders that vests on the Company's next annual meeting of stockholders following the date of grant, subject to her continuing in service through the date of such annual meeting.

Ms. Reses has entered into the Company's standard form indemnification agreement in the form filed as Exhibit 10.20 to the Company's Registration Statement on Form S-1/A (File No. 333-254908), filed with the Securities and Exchange Commission on April 20, 2021.

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