The ONE Group Hospitality, Inc. announced that on November 15, 2017, the Board appointed Mr. Chan as a Class II director, effective upon the closing of the Offerings, which occurred on November 17, 2017, with respect to ASM’s investment. In connection with his appointment to the Board, it is expected that Mr. Chan will be appointed to serve on the Board’s audit committee. The company further announced that effective November 16, 2017, Nicholas Giannuzzi resigned from his position as a member of the Board.