On March 14, 2024, Lloyd W. Howell Jr., a Class A director of KLDiscovery Inc., with a term expiring at the company's 2026 annual meeting of stockholders, resigned from the company's Board of Directors with immediate effect. On March 14, 2024, the Board appointed Neal Goldman to fill the vacancy on the Board. Mr. Goldman was appointed as a Class A director and will serve for a term expiring at the Company's 2026 annual meeting of stockholders and until his successor is duly elected and qualified or until his earlier death, resignation or removal.

The Board has determined that Mr. Goldman qualifies as an independent director. Mr. Goldman currently serves as Chief Executive Officer of SAGE Capital Investments, LLC, a consulting firm specializing in providing independent board of director services, a position he has held since 2013. He previously served as a Founding Partner of Brigade Capital Management, LP from 2006-2012.

Mr. Goldman has served as a director on numerous public and private boards of directors.