On August 12, 2020, effective simultaneously with the effectiveness of RedBall Acquisition Corp.’s Registration Statement, Billy Beane, Volkert Doeksen, Deborah A. Farrington. Richard C. Scudamore, Richard H. Thaler and Lewis N. Wolff were appointed as members of the Board of Directors of the Company (the ‘Board’) and Mr. Beane was appointed as co-chairman of the Board. The Board has determined that each of Mr. Doeksen, Mr. Scudamore, Prof. Thaler, Mr. Wolff and Ms. Farrington are ‘independent directors’ as defined in the NYSE’s listing standards and applicable Commission rules. Mr. Doeksen, Ms. Farrington and Mr. Scudamore will serve as members of the audit committee, with Ms. Farrington serving as chair of the audit committee. Mr. Doeksen, Mr. Thaler and Mr. Wolff will serve as members of the compensation committee, with Mr. Doeksen serving as chair of the compensation committee. Ms. Farrington, Prof. Thaler and Mr. Wolff will serve as members of the nominating and corporate governance, with Prof. Thaler serving as chair of the nominating and corporate governance committee. Following the appointment of Mr. Beane, Mr. Doeksen, Ms. Farrington, Mr. Scudamore, Prof. Thaler and Mr. Wolff, the Board consists of seven members and is divided into three classes with only one class of directors being appointed in each year, and with each class (except for those directors appointed prior to the company's first general meeting) serving a three-year term. The term of office of the first class of directors, consisting of Prof. Thaler and Mr. Wolff, will expire at the company's first annual general meeting. The term of office of the second class of directors, consisting of Mr. Doeksen, Ms. Farrington and Mr. Scudamore, will expire at the second annual general meeting. The term of office of the third class of directors, consisting of Mr. Beane and Gerald Cardinale, will expire at the third annual general meeting.