On February 17, 2020, the Board of Directors of SAExploration Holdings, Inc. elected Jacob Mercer to fill a vacancy on the Board. Mr. Mercer was elected effective immediately and will serve as a director until the next annual meeting of the stockholders of the company or until his earlier death, resignation or removal. In addition, the Board appointed Mr. Mercer as a member of the Compensation Committee of the Board. Mr. Mercer is a Partner, Head of Special Situations and Restructuring at Whitebox Advisors LLC. Prior to joining Whitebox in 2007, Mr. Mercer worked for Xcel Energy as Assistant Treasurer and Managing Director. Before joining Xcel Energy, he was a Senior Credit Analyst and Principal at Piper Jaffray and a Research Analyst at Voyageur Asset Management. Mr. Mercer also served as a logistics officer in the United States Army. He previously served as a member of the Board from July 2016 to June 2019. Mr. Mercer currently serves on the board of director of A. M. Castle & Co. and formerly served on the boards of directors of Platinum Energy Solutions (2013-2017) (formerly and Par Pacific Holdings, Inc., formerly Par Petroleum Corporation.