On December 15, 2017 the Board of Directors of WRIT Media Group, Inc. appointed Patrick Arbor as an independent director to serve on the Board. The two-year appointment is effective as of December 22, 2017 and expires on December 15, 2019. The Board was not required to increase its size due to the existence of vacancies on the Board at the time of appointment. There is no arrangement or understanding between Mr. Arbor and any other person pursuant to which Mr. Arbor was selected as a director. The Board does not expect at this time that it will appoint Mr. Arbor to any committees of the Board. Mr. Patrick H. Arbor started his career as a math teacher and later served as a mayor of Harwood Heights, Illinois. He has over 35 years of trading experience and is an accomplished leadership professional. Pat is a longtime Member of the Chicago Board of Trade (CBOT), serving as the Chairman between 1993 and 1999 for three consecutive terms. Pat serves as a Director of Horizon Capital, National Italian American Foundation, Western NIS Enterprise Fund, and Trustee of Loyola University of Chicago. Mr. Arbor serves or has served as a Director of the following companies; MCF Corporation, YesTrader Inc., Secured Digital Storage Corp., Merriman Holdings, Inc. and First Chicago Bank & Trust Co.