Exhibit 99.1
GameStop Announces Slate of Director Candidates for 2021 Annual Meeting of Stockholders
Ryan Cohen to Become Chairman of the Board Following Annual Meeting
Grapevine, Texas (April 8, 2021) GameStop Corp. (NYSE: GME) (GameStop or the Company) today announced that it is
nominating the following six individuals to stand for election to its Board of Directors (the Board) at the Companys Annual Meeting of Stockholders (the Annual Meeting) on June 9, 2021: Alan Attal, Larry Cheng,
Ryan Cohen, Jim Grube, George Sherman and Yang Xu.
The Company also shared updates that include:
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Following the Annual Meeting, the Board intends to elect Mr. Cohen as Chairman;
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Following the Annual Meeting, all directors will be compensated 100% in equity;
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Following the Annual Meeting, individual director compensation will be reduced approximately 28% from the prior
year; and
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Effective immediately, the Board has appointed Mr. Grube to serve on the Strategic Planning and Capital
Allocation Committee.
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New Director Candidate Biographies
Larry Cheng is Co-Founder and Managing Partner of Volition Capital, a leading growth equity investment firm
based in Boston, Massachusetts and the first investor in Chewy. He has more than two decades of venture capital and growth equity investing experience based on time at Volition Capital, Fidelity Ventures, Battery Ventures, and Bessemer Venture
Partners. He presently leads the Internet and Consumer team at Volition, focusing on disruptive companies in e-commerce, internet services, consumer brands, and digital media and gaming. He received his
bachelors degree from Harvard College where he concentrated in Psychology.
Yang Xu is Senior Vice President of Global Finance and Treasury
at The Kraft Heinz Company. She has more than 20 years of broad experience across the capital markets, finance, strategic planning, transactions and business operations in the U.S., Asia and Europe. Prior to The Kraft Heinz Company, she held roles
with Whirlpool Corporation and General Electric Healthcare. She has a bachelors degree in Finance from Wuhan University, a masters degree in management from the HEC School of Management and a masters in business administration from
the London Business School.
About GameStop
GameStop, a Fortune 500 company headquartered in Grapevine, Texas, is a leading specialty retailer offering games and entertainment products through its e-commerce properties and thousands of stores. Visit www.GameStop.com to explore our products and offerings. Follow @GameStop and @GameStopCorp on Twitter and find us on Facebook at
www.facebook.com/GameStop.