ITEM 5.02 Resignation and Appointment of a Director

Effective January 19, 2021, David Lieberman resigned as a director of Marathon Patent Group, Inc. (the "Company"). On the same date, the Company's Board appointed Kevin DeNuccio as a director to fill the vacancy created by Mr. Lieberman's resignation.

Mr. DeNuccio is the Founder and General Partner of Wild West Capital LLC since 2012 where he focused on angel investments, primarily in SAAS software start-ups.

He brings to Marathon more than 25 years of experience as a chief executive, global sales leader, public and private board member, and more than a dozen angel investments, managing and growing leading technology businesses. He served in senior executive positions with Verizon, Cisco Systems, Ericsson, Redback Networks, Wang Laboratories and Unisys Corporation.

Mr. DeNuccio will be compensated for his participation in accordance with the Company's current remuneration policies for its outside independent directors.

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