On March 9, 2022, David L. Schnadig resigned from his position as a Class III director on the Board of Directors of YETI Holdings, Inc. effective as of such date. Mr. Schnadig has served as a director of the Company since 2012 and chose to resign in order to devote his attention to his responsibilities as Co-President of Cortec Group, a private equity firm that previously owned a controlling share in the Company and where he has been employed for more than 25 years. Mr. Schnadig's decision to resign as a director of the Company was not due to any disagreements with the Company on any matter relating to the Company's operations, policies or practices.