On December 23, 2020, Lord Global Corporation ('Lord Global' or the 'Registrant') received the resignation of Ms. Alexandra Aizenshtadt as Chairperson of the Registrant Board of Directors. Ms. Aizenshtadt stated in her letter of resignation. The reason for her resignation was based upon the fact that Ms. Aizenshtadt no longer resides in the United States and, as a result, is unable to devote the time required to service as Chairperson of the Company’s Board of Directors.