On July 16, 2019, the Board of Directors of Malibu Boats, Inc. increased the size of the Board from eight to nine members and appointed Joan M. Lewis as a member of the Board, to serve as a Class II director, until the company's 2021 annual meeting of stockholders and until her successor is duly elected and qualified. Ms. Lewis was also appointed to serve as a member of the Nominating and Governance Committee and Compensation Committee of the Board. Ms. Lewis, 53, serves on the boards of several private companies and is an independent consultant to product/service companies and fast-growing technology start-ups. Previously she was Senior Vice President, Consumer and Market Knowledge of The Procter & Gamble Company.