On November 12, 2019, General Donald J. Kutyna retired from Griffon’s Board of Directors after over fourteen years of distinguished service. On November 12, 2019, Lacy M. Johnson was elected to serve on Griffon’s Board of Directors as a Class I Director, and entered into a customary indemnification agreement with Griffon which provides that Griffon will indemnify Mr. Johnson to the fullest extent permitted by applicable law, and which includes provisions relating to the advancement of expenses incurred by or on behalf of Mr. Johnson.