Redbox Entertainment Inc. announced that, Kavita Suthar will step down from her role as Chief Financial Officer, effective May 16, 2022, to spend more time with her family. She joined Redbox in 2015, became CFO in 2020 and played an integral role in navigating the Company's successful SPAC merger and public listing in 2021. Mitchell Cohen, who has served as Chief Operating Officer and Chief Financial Officer at several public and private companies, will serve as interim CFO.

Ms. Suthar will remain involved with Redbox in an advisory capacity to facilitate a smooth transition.