Effective September 14, 2017, the size of the Board of Tremont Mortgage Trust was increased from two to five members and each of John L. Harrington, Joseph L. Morea and Jeffrey P. Somers were elected as Independent Trustees of the company and appointed to the Audit Committee, Compensation Committee and Nominating and Governance Committee of the Board. Also effective September 14, 2017, the Board was classified into three classes and the Trustees of the company were classified as follows: the Class I Managing Trustee is Barry M. Portnoy and the Class I Independent Trustee is Jeffrey P. Somers, each of whose term shall continue until the first annual meeting of shareholders of the company held after September 14, 2017 and until his successor is elected and qualified; the Class II Managing Trustee is Adam D. Portnoy and the Class II Independent Trustee is John L. Harrington, each of whose term shall continue until the second annual meeting of shareholders of the company held after September 14, 2017 and until his successor is elected and qualified; and the Class III Independent Trustee is Joseph L. Morea, whose term shall continue until the third annual meeting of shareholders of the company held after September 14, 2017 and until his successor is elected and qualified.