Effective November 3, 2023, Mr. Brad Weston resigned from his role as Chief Executive Officer of Party City Holdco Inc. (the ?Company?). Mr. Weston plans to pursue other career opportunities and his resignation is not the result of any dispute or disagreement with the Company. Further, effective on November 3, 2023, Mr. Sean Thompson, age 49, will assume the role of Interim Chief Executive Officer.

Mr. Thompson has also been appointed to the Company?s Board of Directors effective as of the same date. Mr. Thompson previously served the Company in various senior roles, including in his current role as President and Chief Commercial Officer since November 2022. Mr. Thompson was previously named Chief Merchandising Officer in November 2019 before being promoted to Executive Vice President and Chief Commercial Officer in September of 2020.

Prior to joining the Company, Mr. Thompson served at 7-Eleven Inc. from 2012 to 2019, where he held several leadership positions of increasing responsibility, including SVP of Merchandising, SVP and Chief Customer Officer, and Vice President, Acquisition Integration. Previously, he served in merchandising and consulting roles with Target Corporation and The Farnsworth Group. Mr. Thompson holds a B.A. in Psychology and an MBA from Indiana University.