On January 11, 2021, Timothy Spengler notified LiveXLive Media, Inc. (the “Company”) that he was retiring from service on the Company’s board of directors (the “Board”), effective immediately. Mr. Spengler previously served as a director of the Company since September 2017. At the time of his resignation, Mr. Spengler served on the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee of the Board.