Turning Point Brands, Inc. on March 24, 2023, Assia Grazioli-Venier notified the Board of Directors that she will not stand for reelection as a director of the Company at the 2023 Annual Meeting of Stockholders (the 2023 Annual Meeting"), in order to pursue other opportunities in and around her venture fund Muse Capital. Ms. Grazioli-Venier will complete her current term as a director, which expires at the 2023 Annual Meeting.