Mitcham Industries Inc. announced that its Board of Directors promoted Messrs. Robert Capps and Guy Malden from Interim co-Chief Operating Officers to co-Chief Operating Officers, effective immediately. The company announced that Messrs.

Thomas S. Glanville and Marcus C. Rowland have been appointed to its Board of Directors effective from September 9, 2015. Mr. John F. Schwalbe has informed the company of his intention to retire and resign from the Board effective September 15, 2015. Since 2003, Mr. Glanville, age 57, has been managing partner of Eschelon Advisors, LP, Eschelon Energy Partners, LP, and affiliates, providing energy and private equity investment and advisory services.

Mr. Rowland, age 62, is Senior Managing Director and founding partner of IOG Capital, LP. The board approved an amendment to the employment agreement with its President and Chief Executive Officer, Mr. Billy F. Mitcham, Jr. The agreement extends his employment with the company through September 2018, ensuring a seamless leadership transition. Under the terms of the amended agreement, Mr. Mitcham will remain in the position of Chief Executive Officer, then transition to CEO Emeritus and Founder at a date to be determined.