Xponential Fitness, Inc. announced that effective on October 21, 2021, Chelsea A. Grayson has been appointed to serve as an independent director. Ms. Grayson will also serve on the Company?s Audit Committee. Ms. Grayson currently serves as an Executive-in-Residence at Wunderkind. Prior to her current role, Ms. Grayson served as CEO of True Religion, Inc. Before True Religion, she was the CEO and a member of the Board of Directors at American Apparel Inc. which Ms. Grayson ultimately helped to successfully sell to Gildan Activewear Inc. Ms. Grayson began her career in the legal space and was a partner in the M&A practice for Jones Day, where she ran the firm?s M&A practice for the California region. Ms. Grayson currently serves on several other boards of directors, including that of Spark Networks, Goodness Growth Holdings and iHerb, and is Chairperson of the Board of Directors of Lapmaster Group Holdings. She is a member of the UCLA Board of Visitors in the English Department and a Board Leadership Fellow with the National Association of Corporate Directors.