Ruth's Hospitality Group, Inc. announced that it entered into an Agreement and Plan of Merger on May 2, 2023, with Darden Restaurants, Inc. (Parent), and Ruby Acquisition Corporation, wholly owned subsidiary of Parent (Merger Sub). In connection with the Merger, Kristy Chipman, David E. Hyatt and Mark Kupferman ceased to be officers of the Company. In accordance with the terms of the Merger Agreement, each of Giannella Alvarez, Mary L. Baglivo, Carla R. Cooper, Cheryl J. Henry, Stephen M. King, Michael P. O'Donnell, Marie L. Perry and Robin P. Selati resigned from their respective positions as members of the Company's board of directors and all committees thereof and Matthew R. Broad, the sole director of Merger Sub immediately prior to the Effective Time, became the sole director of the Company, in each case, effective as of the Effective Time.

These resignations were tendered in connection with the Merger and not as a result of any disagreements between the Company and the resigning individuals on any matters related to the Company's operations, policies or practices.