Interface, Inc. announced that at the annual meeting held on May 13, 2019, Mr. Cogan did not receive a majority of the votes cast in favor of his election as director. Accordingly, as required by the Majority Vote Policy, Mr. Cogan promptly tendered to the Company's Board of Directors his resignation from the Board and from those Board committees on which he serves, with the effectiveness of such resignation being conditioned on the Board's acceptance thereof. The Company believes that Mr. Cogan's failure to receive the support of a majority of votes cast for his election was due to his service as a sitting Chief Executive Officer that also serves on the boards of directors of three publicly traded companies, which resulted in a withhold" vote by certain large institutional shareholders who have implemented policies or guidelines to withhold votes from any director nominee who is a sitting Chief Executive Officer who serves on three or more public company boards. The Nominating & Governance Committee of the Board (the Committee") will consider Mr. Cogan's conditional resignation and expects to recommend to the full Board whether to accept or reject the conditional resignation. As provided in the Majority Vote Policy, in considering whether to recommend that the Board accept or reject Mr. Cogan's tendered conditional resignation, the Committee expects to consider all factors believed relevant, including without limitation: the underlying reasons for Mr. Cogan not receiving a majority of votes cast in favor of his election as director; the tenure and qualifications of Mr. Cogan; Mr. Cogan's past and expected future contributions to the Board; and the overall composition of the Board, including whether accepting the resignation would cause the Company to fail to meet the requirements of any law, regulation, or rule, including but not limited to those of the Securities and Exchange Commission or the listing standards of any market or exchange on which the Company's securities are listed or traded. The Board expects to act on the Committee's recommendation no later than August 11, 2019, and such determination will be promptly disclosed in a Current Report on Form 8-K disclosing the Board's decision. As provided in the Majority Vote Policy, Mr. Cogan will not participate in the Committee or Board deliberations regarding his conditional resignation, but his service on the Board will otherwise continue pending the outcome of those deliberations.