On June 14, 2022, Raghavendra Rau, a member of the Board of Directors of Quantum Corporation, informed the Company of his decision not to stand for re-election as a member of the Board at the Company's upcoming 2022 annual meeting of stockholders. Mr. Rau currently serves as the Lead Independent Director, Chair of the Leadership and Compensation Committee, and as a member of the Corporate Governance and Nominating Committee. Mr. Rau's decision not to stand for re-election did not involve any disagreement with the Company.