On June 5, 2023, the Board of Directors of GameStop Corp. terminated Matthew Furlong as President of the Company, effective immediately such that, after giving effect to such termination, Mr. Furlong was no longer employed by GameStop Texas Ltd., the Company, or any of their affiliates. Subject to Mr. Furlong's timely execution of a Separation and Release Agreement (and non-revocation in the time provided to do so), which includes a release of claims against the Company and its affiliates, Mr. Furlong will be entitled to receive the payments and benefits associated with a termination without Cause, as such term is defined in Mr. Furlong's offer letter dated June 9, 2021 from GameStop Texas Ltd., which was originally filed as Exhibit 10.1 attached to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on June 9, 2021.

On June 7, 2023, the Board appointed Mark H. Robinson as the Company's General Manager, effective immediately. Additionally, Mr. Robinson was appointed as the Company's principal executive officer. Mr. Robinson's responsibilities will include administrative matters, corporate development, legal affairs and support for GameStop's holdings, including the oversight of other executive officers besides the Executive Chairman, and he will report directly to Ryan Cohen, as Executive Chairman.

Mr. Robinson will continue to serve in his roles as the General Counsel and Secretary of the Company. Mr. Robinson, 44 years old, has served as the Vice President, General Counsel of the Company since January 2022, and in various other roles at the Company since August 2015. In his current role, he oversees the legal and human resources functions of the Company.

Prior to joining the Company in 2015, Mr. Robinson held positions as an attorney at law firms Norton Rose Fulbright and Jones Day, where he provided counsel on corporate and finance transactions.