William P. Foley, II, a director of Fidelity National Financial, Inc. (FNF") and Chairman of the Board, will continue in those two positions, but effective as of January 8, 2016, Mr. Foley will no longer serve as an executive officer of FNF. Mr. Foley has served as Chairman of the FNF Board since 1984, and served as Executive Chairman from October 2006 until January 2016. Mr. Foley also served as FNF's Chief Executive Officer from 1984 until May 2007, and as President of FNF from 1984 until December 1994.

In connection with this change, Mr. Foley's employment agreement with FNF was replaced with a non-executive director services agreement which shall remain in effect for so long as Mr. Foley continues to serve as Chairman of FNF.