Salaam Coleman Smith, CDI.D, ACE Board Graduate Appointed to 2nd Corporate Board, GAP Inc.

FOR RELEASE -- March 5, 2021 -- Denver, CO

ACE LLC Announces the board appointment of Salaam Coleman Smith to Gap Inc. Board of Directors

GAP INC. APPOINTS SALAAM COLEMAN SMITH TO ITS BOARD OF DIRECTORS

Former Disney Executive Brings More Than 20 Years of Leadership Experience from Top Brands in Entertainment

SAN FRANCISCO – March 4, 2021 – Gap Inc. (NYSE: GPS) announced today that Salaam Coleman Smith has been elected to serve on the Gap Inc. Board of Directors, effective March 22, 2021.

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Salaam is a media industry leader with extensive business, creative and operating expertise. At the Walt Disney Company, Salaam served as Executive Vice President at the Disney ABC Television Group overseeing Strategy and Programming for ABC Family and Freeform. Salaam directed long-term growth strategies for the network, key business and creative partnerships and overall content strategy for linear and digital platforms, including mobile and streaming platforms.

“This past year has been a pivotal one for Gap Inc. – establishing its three-year business strategy under a new leadership team and appointing several members to our board of directors, including Elizabeth Smith and Amy Miles. We’re now pleased to welcome Salaam Coleman Smith, who has a deep passion for and understanding of cultivating successful brands, and is keenly focused on leveraging cultural relevance to drive performance,” said Bobby Martin, Executive Chairman, Gap Inc. “Our work to evolve this great company and realize its potential to grow purpose-led lifestyle brands will only benefit from the perspectives and counsel of Ms. Coleman Smith and our existing board members, as we look to serve and represent the voices and interests of millions of customers.”

Prior to joining The Walt Disney Company, Salaam spent more than a decade at Comcast NBCUniversal where she served as President of Style Media and steered the successful scaling of a fast-growing, multi-platform television network and fashion and lifestyle brand. Salaam also worked at Viacom where she served as a senior executive within MTV Networks International and directed programming strategy for Nickelodeon’s global expansion in Europe, Asia, and Latin America.

“Gap Inc. exemplifies its unique purpose, to be ‘Inclusive, by Design,’ through its iconic brands - Old Navy, Gap, Banana Republic and Athleta - that have stood the test of time and stand poised for a new chapter of reinvention,” said Salaam Coleman Smith. “I am inspired by the dynamic leadership of Gap Inc. CEO, Sonia Syngal, and her focused approach to creating value through innovation, sustainability, economic opportunity, and a consumer-centric perspective. I am thrilled to join the board of directors led by Executive Chairman, Bobby Martin, a renowned industry authority, to help drive forward Gap Inc.’s long-term growth, industry leadership and creativity.”

“Salaam is a proven creator and innovator who brings the perfect blend of art and science, balancing creative vision with strong business insight,” said Sonia Syngal, CEO of Gap Inc. “Salaam also shares in our company’s deep values, having hired and led one of the most diverse and inclusive management teams in the industry. I'm confident in all that Salaam will bring to our board and company as we look to lead boldly and with purpose through our powerful brands."

"We are very proud of Salaam's appointment to the board of Gap Inc. - we know she provides enormous value to the company and the projects they are developing. Her appointment represents the 45th board appointment of ACE Graduates to date."

- Michele Ashby, CEO, ACE LLC