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

Effective January 17, 2020. Jessica Michelle Feingold resigned as a member of the Company's Board of Directors in order to pursue other interests. The Company concurrently accepted Ms. Feingold's resignation. While the Company will not immediately appoint a successor director, Dennis A. Suskind, former General Partner for Goldman Sachs & Co. LLC, will join Stem's Board of Directors effective during the first calendar quarter of 2020. Suskind had previously joined Stem's Advisory Committee in May 2019 and has strongly contributed to the Company's ongoing growth and strategic planning initiatives. The Company will file a Current Report on Form 8-K at the time Mr. Suskind's appoint is confirmed by the Company's Board of Directors which will include his biography.

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