On March 31, 2018, Grant Wilbeck and Kevin Barner, Class I and Class II members, respectively, of the Board of Directors of Foundation Building Materials, Inc. resigned from the Board, effective immediately. On April 4, 2018, the Board elected Rafael Colorado and Chad Lewis to serve as Class I and Class II members of the Board, respectively, to fill the vacancies created by the resignations of Mr. Wilbeck and Mr. Barner. Mr. Colorado is a Director with Hudson Advisors L.P., or Hudson, an affiliate of the Company and the Company's controlling stockholder, or Lone Star, where he advises on legal issues impacting operating companies that are affiliates of Lone Star within North America, as well as other corporate investments for which Hudson or its subsidiaries provide underwriting and asset management services in North America, a position he has held since January 2016. Mr. Lewis is a Vice President of Hudson Americas, L.P., or Hudson Americas, an affiliate of the Company and Lone Star, where he is responsible for executing and managing private equity investments, a position he has held since June 2015.