On December 28, 2023, Galloway Capital Partners, LLC announced that it has delivered a letter to Regis Corporation?s Chairman and Chief Executive Officer and highlighted disappointment with management?s performance in enhancing shareholder value. Galloway Capital stated that it would like to assist in the process of growing the Company, improving the financial structure and enhancing shareholder value. Galloway Capital added that it has request that the Special Committee consider two candidates of our selection with strong public company experience to be added to the Board of Directors.