Westwood Holdings Group announced that founder Susan M. Byrne will become a Director Emerita of the Company?s Board of Directors (the ?Board?) on May 1, 2024. As a result, Ms. Byrne will not stand for re-election at the Company?s annual meeting. As Director Emerita, Ms. Byrne may participate in meetings but will not be a voting member of the Board.

Susan M. Byrne, founder of Westwood, has served on the Board of Directors of Westwood since its inception in 2001. Ms. Byrne is currently vice chair and previously served as Chair of the Board from 2001 to 2015. She served in a variety of roles at the firm, including: co-chief investment officer from 2011 to 2012, chief investment officer of Westwood from 2006 to 2011 and chief executive officer from 2001 to 2005.

Ms. Byrne is the founder of Westwood Management and served as its Chair of the Board starting in 1983, as chief investment officer from 1983 to 2012, as chief executive officer from 1983 to 2005 and as president from 1983 to 2002. She served as a director of Westwood Trust from 1996 to 1999. She previously served as a member of the board of Presbyterian Communities and Services Foundation, Trustee of the First Presbyterian Church of Dallas Foundation, a member of the board of the University of Texas Investment Management Company and as a member of the board of trustees for the City of Dallas Employees Retirement Fund.