JOANN Inc. is saddened to report that Matt Susz, the Executive Vice President & Strategy, passed away unexpectedly on June 15, 2022. Following Mr. Susz's unexpected death, the Company's Board of Directors has appointed, effective as of June 15, 2022, Tom Dryer, the Company's Vice President and Controller. Upon commencement of his appointment, Mr. Dryer assumed the duties of the Company's principal financial officer and principal accounting officer.

Mr. Dryer, 56, was appointed Vice President, Controller in December 2011 after serving as the Company's Director, Financial Planning since May 2011. He previously served as Director, Inventory Control from 2000 to 2011, Manager, SAP Project Implementation Team from 1998 to 2000, Manager, Merchandise Accounting from 1995 to 1998. Since joining the Company in 1989, Mr. Dryer has served in various roles of increasing responsibility in the Company's finance and accounting departments and has a broad base of financial planning, financing reporting and accounting experience.