On August 12, 2019, Mr. Anthony Zolezzi resigned from his position as Chief Executive Officer of Twinlab Consolidated Holdings, Inc. It is currently contemplated that Mr. Zolezzi will continue to assist the Company in identifying and evaluating business opportunities for the Company. On August 12, 2019, the Board of Directors of the Company accepted Mr. Zolezzi’ s resignation and appointed Carla Goffstein, the Company’s current Chief Financial Officer as Interim Chief Executive Officer, effective immediately. In her capacity as Interim Chief Executive Officer, Ms. Goffstein will succeed Mr. Zolezzi as the principal executive officer of the Company, while maintaining her position as the principal financial officer. Ms. Goffstein joined the Company in January 2018 and was appointed Chief Financial Officer on April 25, 2019.