On May 9, 2018, Nicholas Bates, Vice President and Chief Financial Officer of Liberty Tax, Inc. provided notice of his resignation, effective at a mutually agreed-upon last day of employment, to Nicole Ossenfort, the Company's President and Chief Executive Officer. Subsequently, on May 15, 2018, the company and Mr. Bates agreed that his resignation would be effective on June 15, 2018, following the anticipated filing of the company's Quarterly Reports on Form 10-Q for the fiscal quarters ended October 31, 2017 and January 31, 2018.