Quotient Technology Inc. announced plans to refresh its Board of Directors in connection with a cooperation agreement with Engaged Capital, LLC. The company will nominate Kate W. Vanek, Global Chief Operating and Financial Officer of True Talent Advisory, and Tracey Figurelli, Director of Andra Partners, to stand for election to the Company's Board of Directors at the 2023 Annual Meeting of Stockholders. In addition, David Oppenheimer, Jody Gessow and Lorraine Hariton will not stand for re-election, and Allison Hawkins and Eric Higgs will resign effective as of the 2023 Annual Meeting.

With these changes the Board will be reduced to seven directors, six of whom will be independent, following the 2023 Annual Meeting.