On March 2, 2023, the Board of Directors of Arhaus, Inc. appointed Alexis DePree to Class II of the Board as an independent director under applicable NASDAQ and SEC rules. Ms. DePree's term will expire at the company's Annual Meeting of Stockholders in 2023, at which time she will stand for re-election to the Board by the Company's stockholders. She will serve on the Board's Compensation Committee.

In connection with the appointment, the Company increased the size of the Board from nine to ten members. Ms. DePree has served as Chief Supply Chain Officer of Nordstrom, Inc. since January 2020. Ms. DePree previously served as Vice President of Americas sort centers at Amazon.com, Inc. from 2018 to 2020, and as Amazon's Vice President of global supply chain operations from 2016 to 2018.

From 2007 to 2016, she held executive positions with increasing responsibility at Target Corporation, prior to which she was employed at Dell Technologies Inc. in various leadership positions from 2001 to 2005.