Effective January 28, 2019, John McClain resigned from the Board of Directors of Cherokee Inc. Mr. McClain’s resignation from the Board of Directors of the company followed his decision to accept an executive position with one of the company’s competitors and was not the result of any disagreement with the company on any matter relating to the company’s operations, policies or practices. At the time of his resignation, Mr. McClain was an independent director and Chairman of the Audit Committee. Dwight Mamanteo, one of the company’s independent directors, was appointed by the company’s Board on January 30, 2019 to replace Mr. McClain as Chairman of the Audit Committee.