On February 17, 2015, the Board of Directors of Plymouth Industrial REIT, Inc. increased the size of the Board from eight to eleven members and appointed Messrs. Martin Barber, Darren R. Bertram and Michael G. Reiter to fill the vacancies created by the increase in the size of the Board. Unless previously removed as described below, each of Messrs. Barber, Bertram and Reiter will stand for election at the company's 2015 annual meeting of stockholders and will receive the same compensation as other non-employee directors of the Company as described in the Company's 2014 proxy statement. Mr. Barber is currently a director of several companies in the United States and the United Kingdom and manages personal investments. Mr. Barber's previous experience includes co-founding and serving as chairman of CenterPoint Properties Trust, Inc. Mr. Bertram is the Chief Executive Officer of Nevada Hospice and Palliative Care, Inc. Mr. Reiter has extensive real estate, capital markets and financial experience with public listed and non-listed REITs and private funds. He began his career as a CPA with Ernst &
Young. Each of these directors was elected to the Board pursuant to an agreement entered into among the Company and certain investment entities managed or advised by Senator Investment Group LP.