On March 19, 2018, C. Clayton Reasor notified Stage Stores, Inc. of his resignation from its Board of Directors and its committees in order to devote his time and attention to health-related family matters. The Board accepted Mr. Reasor's resignation on March 22, 2018, and contemporaneously reduced the number of seats on the Board to seven pursuant to the Company's Amended and Restated Bylaws.