On January 19, 2021, Petco Health and Wellness Company, Inc. closed its initial public offering of 55,200,000 shares of the Company’s Class A common stock, $0.001 par value per share (the “Class A Common Stock”), at an offering price of $18.00 per share. On January 19, 2021, in connection with the closing of the IPO, Mary Sullivan joined the Board of Directors of the Company (the “Board”). Messrs. Ronald Coughlin, Jr., Maximilian Biagosch, Cameron Breitner, Gary Briggs, Nishad Chande and Christopher J. Stadler and Mss. Christy Lake, Jennifer Pereira and Sabrina Simmons are already serving as directors of the Company. In addition, Mr. Coughlin was appointed as Chairman of the Board. Mr. Briggs, Ms. Lake and Ms. Simmons qualify as “independent directors” for purposes of serving on the Board and its committees under the applicable rules. The Board assigned Ronald Coughlin, Jr., Maximilian Biagosch, Cameron Breitner, and Sabrina Simmons as class I directors; Christy Lake, Jennifer Pereira, and Christopher J. Stadler as class II directors; and Gary Briggs, Nishad Chande, and Mary Sullivan as class III directors. In addition, the directors have been appointed to the Audit, Compensation and Nominating and Corporate Governance Committees of the Board as follows: Maximilian Biagosch was appointed as Chair of Audit Committee and member of Compensation Committee; Cameron Breitner was appointed as Chair of Compensation Committee and member of Nominating and Corporate Governance Committee; Gary Briggs was appointed as Chair of Nominating and Corporate Governance Committee; Nishad Chande was appointed as member of Audit Committee; Christy Lake was appointed as member of Compensation Committee; Sabrina Simmons was appointed as member of Audit Committee; and Mary Sullivan was appointed as member of Nominating and Corporate Governance Committee.