Heritage Global appoints Shirley Cho to board, replacing Brendan Ryan

Heritage Global Inc.

Brendan Ryan resigned from Board effective Dec 19, 2021; no disagreement with company.
Shirley S. Cho appointed as Class III director, effective Dec 20, 2021; also joins Compensation Committee.
Cho receives $25k annual retainer, $3k supplemental retainer, and conditional 15,000-share restricted stock award.
Board approved a new standard form of indemnification agreement for all directors and executive officers.

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