Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 10, 2022, Ronald Scott, Chief Financial Officer and Director of Luvu Brands, Inc. (the "Company"), notified the Company of his intention to resign from his position as Chief Financial Officer and a member of the Board of Directors, effective May 9, 2022. The resignation of Mr. Scott did not involve any disagreement with the Board, the Company or its management on any matter relating to the Company's operations, policies, or practices. The Company has begun a search for Mr. Scott's replacement as Chief Financial Officer and Mr. Scott has agreed to continue in his current roles as Chief Financial Officer and member of the Board of Directors until the earlier of May 9, 2022 or until his Chief Financial Officer successor is hired.






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