Snowball and Mithaq SPC delivered a letter to the board of directors of the The Children's Place, Inc.

$PLCE

February 14, 2024

Re:Meeting Regarding Governance and Liquidity

Dear Members of the Board of Directors:

We write to you as the holders of approximately 54% of the outstanding common stock of The Children’s Place, Inc. (the “Company”), having also submitted to you on February 10, 2024, a notice of nomination of eleven new candidates for election to the board of directors of the Company.  In the interests of all of the Company’s stakeholders, we would like to meet with you as soon as possible so that we can discuss an orderly transition of the governance of the Company, as well as the provision of financing to assist the Company with its liquidity needs.  We look forward to your prompt reply.

Sincerely,

Mithaq Capital SPC

by:/s/ Turki Saleh A. AlRajhi 

Name: Turki Saleh A. AlRajhi

Title: Director

Snowball Compounding Ltd.

By: Mithaq Capital SPC, its sole stockholder

by:/s/ Turki Saleh A. AlRajhi 

Name: Turki Saleh A. AlRajhi

Title: Director

Source:

https://www.sec.gov/Archives/edgar/data/1041859/000110465924025002/tm246565d1_ex99-3.htm