J. Alexander's Holdings, Inc. announced that as of September 14, 2015, each of Ronald B. Maggard, Sr., Frank R. Martire, Raymond R. Quirk and Douglas K. Ammerman were elected as a member of the Board of Directors of the Company, and Brent B. Bickett, who had been serving as a member of the Board, resigned. Lonnie J. Stout II and Timothy T. Janszen remain on the Board and will continue to serve as directors of the Company following the Distribution. This reorganization of the Board was made in connection with the Spin-Off Transaction and Mr. Bickett's resignation was not a result of any dispute or disagreement with the Company.

As of September 14, 2015: Mr. Stout was appointed as the Chairman of the Board; Messrs. Ammerman, Janszen and Martire were appointed to serve as members of the Audit Committee of the Board. Mr. Ammerman was appointed to serve as chairman of the Audit Committee; Messrs.

Maggard and Ammerman were appointed to serve as members of the Nominating and Corporate Governance Committee of the Board. Mr. Maggard was appointed to serve as chairman of the Nominating and Corporate Governance Committee; and Messrs. Martire, Ammerman and Maggard were appointed to serve as members of the Compensation Committee of the Board.

Mr. Martire was appointed to serve as chairman of the Compensation Committee.