Arthur F. Starrs, III is the Chief Executive Officer of Topgolf and has served in such capacity since April 2021.Source

Prior to Topgolf, Mr. Starrs was the Global CEO of Pizza Hut, a division of Yum! Brands from July 2019 until April 2021.Source

The Company maintains a Code of Conduct, Supplier Code of Conduct and Human Rights Policy, which establish the foundation of its Corporate Social Responsibility (“CSR”) Program that was established in 2007.Source

In 2019, the Company updated its CSR audit policy and procedure, benchmarking against the United Nations Universal Declaration of Human Rights and International Labor Organization Guidelines.Source

Vince Colicchio : Yes. Curious what caused the sequential decline in sales. Was that voluntary, involuntary? What does that look like?

Nate Swan : Are you talking from Q2 to Q3 post reduction in force?

Vincent Colicchio: Yes, George. I'm curious, what portion of client losses do you think are clients that are not buying into the FD vision?

Nate Swan: Actually, the attrition has stayed pretty good. I think the sales force is hungry to be able to be successful and looking to really figure out how they can be more successful.

Diane M. Sullivan, Executive Chair since January 2023. Chief Executive Officer and Chairman of the Board of Directors from February 2014 to January 2023.Source

John W. Schmidt, President, Chief Executive Officer and Director since January 2023. President from December 2020 to January 2023.Source

In addition, the continuing consumer shift to online and mobile shopping has increased price competition and requires retailers to lower shipping costs charged to customers, improve shipping speeds and optimize mobile platforms.Source

Quality of products and services, store location, trend-right merchandise selection and availability of brands, pricing, marketing, advertising and consumer service are all factors that impact retail competition.Source