On August 9, 2013, The Grande Holdings Limited sent to Emerson Radio Corporation, as required by the Company's bylaws, formal notice of its intention to nominate, at the Company's 2013 annual meeting of stockholders for the election of directors, each of Roderick John Sutton, John Howard Batchelor, Gregory William Hunt, and Vincent Fok to stand for election as directors of the Company. Further, Grande Holdings have reserved the right to nominate additional directors to the Emerson Board