Children's Place director Douglas Edwards resigns; audit committee now has two members, triggering Nasdaq cure period

Childrens Place, Inc.

Douglas Edwards resigned from board effective July 13, 2026; resignation not due to any disagreement with company.
Edwards was Chair of Corporate Responsibility, Sustainability & Governance Committee and Audit Committee member.
Board reconstituted committees: Hussan Arshad now Audit Chair; Turki Saleh A. AlRajhi now Chair of Corporate Responsibility, Sustainability & Governance.
Audit Committee now has only two members, non-compliant with Nasdaq's three-member rule; company has until May 2027 or one year to cure.
Company actively seeking to appoint a third Audit Committee member.

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