On March 24, 2015, the Board of Directors of Continental Building Products, Inc. appointed Mr. James Bachmann, the company's President, Chief Executive Officer and Acting Chief Financial Officer, and Mr. Kevin Barner to fill the two vacancies on the company's Board of Directors. Mr. Barner will serve as a Class I director and Mr. Bachmann will serve as a Class II director, with their terms ending at the company's 2015 and 2016 annual meetings of stockholders, respectively. Neither Mr. Bachmann nor Mr. Barner will serve as a member of any committee of the Board nor will either be separately compensated for his services as a director.