On January 4, 2017, Margaret M. Newman, Senior Vice President, Chief People Officer, HD Supply Holdings, Inc. and HD Supply, Inc. (collectively, “HD Supply”), resigned from her position with HD Supply effective at the end of fiscal 2016, but has agreed to remain employed through March 11, 2017 to assist in transitioning her responsibilities. Effective January 30, 2017, Anna Stevens, Vice President, Human Resources and Planning, will be promoted to Vice President, Chief People Officer and will report to Evan J. Levitt, who will retain the title of Chief Financial Officer and will assume the additional title of Chief Administrative Officer. Mr. Levitt will also assume overall responsibility for the Human Resources function.