On April 16, 2020, the Board of Directors of LendingTree, Inc. appointed Courtnee Chun and Jennifer Witz to serve as independent members of the Board, effective as of such date. Ms. Chun is the Chief Portfolio Officer and Senior Vice President, Investor Relations for Liberty Media Corporation, Qurate Retail, Inc., Liberty TripAdvisor Holdings, Inc., Liberty Broadband Corporation and GCI Liberty, and Ms. Witz is the President of Sales, Marketing and Operations of Sirius XM Holdings, Inc. Ms. Chun will serve on the audit committee and the transactions committee of Board, and Ms. Witz will serve on the compensation committee of Board. Ms. Chun and Ms. Witz were selected as members of Board pursuant to the Spinco Agreements with GCI Liberty, Inc. as previously disclosed in the Company's proxy statement under Certain Relationships and Related Transactions. On April 16, 2020, Neal Dermer and Craig Troyer, the directors previously nominated by GCI Liberty, Inc. pursuant to the Spinco Agreements, and Peter Horan gave notice of their resignation as members of the Board, effective as of such date. Mr. Dermer's, Mr. Troyer's and Mr. Horan's decisions to terminate their services were not a result of any disagreement with the Company or its management.