Regis Corporation Appoints Chad Kapadia as Chief Technology Officer

Regis Corporation (NYSE: RGS), a leader in the haircare industry, whose
primary business is owning, operating and franchising hair salons,
announced today the appointment of Chad Kapadia as Executive Vice
President, Chief Technology Officer, and Head of Product Engineering
effective June 18, 2018. Mr. Kapadia will lead Regis’ Product
Engineering and Information Technology departments.

Mr. Sawyer, President and CEO, stated “We have discussed that a key
element of our multi-year strategy is to utilize technology to transform
our business. Chad has been a leader in deploying disruptive business
technologies at consumer-oriented companies, and he is the right
executive to drive this initiative forward at Regis. I am confident he
will be able to accelerate our use of technology to support our stylists
and franchisees and improve our customers’ experience.”

Mr. Kapadia brings nearly 25 years of technology experience to Regis.
Most recently, Mr. Kapadia served as Head of Engineering at Target
Corporation’s New Ventures and Accelerators. Prior to Target
Corporation, Mr. Kapadia served in technology positions of increasing
responsibility including Chief Technology Officer and Product Head at
Swissclear Global, Inc. and as an Engineering Leader and founding member
of Netflix, Inc.’s Content Platform Engineering and Media Pipeline. Mr.
Kapadia received his BS in Business Administration with an Option in
Computer Information Systems and a Minor in Economics from California
State University, East Bay.

About Regis Corporation

Regis Corporation (NYSE:RGS) is a leader in beauty salons and
cosmetology education. As of March 31, 2018, the Company owned,
franchised or held ownership interests in 8,228 worldwide locations.
Regis’ corporate and franchised locations operate under concepts such as
Supercuts®, SmartStyle®, MasterCuts®,
Regis Salons®, Sassoon®, Cost Cutters®,
Roosters® and First Choice Haircutters®. Regis
maintains an ownership interest in Empire Education Group in the U.S.
For additional information about the Company, including a reconciliation
of certain non-GAAP financial information and certain supplemental
financial information, please visit the Investor Information section of
the corporate website at www.regiscorp.com.

This press release contains or may contain “forward-looking statements”
within the meaning of the federal securities laws, including statements
concerning anticipated future events and expectations that are not
historical facts. These forward-looking statements are made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. The forward-looking statements in this document reflect
management’s best judgment at the time they are made, but all such
statements are subject to numerous risks and uncertainties, which could
cause actual results to differ materially from those expressed in or
implied by the statements herein. Such forward-looking statements are
often identified herein by use of words including, but not limited to,
“may,” “believe,” “project,” “forecast,” “expect,” “estimate,”
“anticipate,” and “plan.” In addition, the following factors could
affect the Company’s actual results and cause such results to differ
materially from those expressed in forward-looking statements. These
factors include the continued ability of the Company to implement its
strategy, priorities and initiatives; our ability to attract, train and
retain talented stylists; financial performance of our franchisees;
acceleration of sale of certain salons to franchisees; the ability of
the Company to maintain a satisfactory relationship with Walmart; the
success of The Beautiful Group; marketing efforts to drive traffic;
changes in regulatory and statutory laws including increases in minimum
wages; our ability to manage cyber threats and protect the security of
sensitive information about our guests, employees, vendors or Company
information; reliance on information technology systems; reliance on
external vendors; competition within the personal hair care industry;
changes in tax exposure; changes in healthcare; changes in interest
rates and foreign currency exchange rates; failure to standardize
operating processes across brands; consumer shopping trends and changes
in manufacturer distribution channels; financial performance of Empire
Education Group; the continued ability of the Company to implement cost
reduction initiatives; compliance with debt covenants; changes in
economic conditions; changes in consumer tastes and fashion trends;
exposure to uninsured or unidentified risks; ability to attract and
retain key management personnel; reliance on our management team and
other key personnel or other factors not listed above. Additional
information concerning potential factors that could affect future
financial results is set forth in the Company’s Annual Report on
Form 10-K for the year ended June 30, 2017. We undertake no obligation
to publicly update or revise any forward-looking statements, whether as
a result of new information, future events or otherwise. However, your
attention is directed to any further disclosures made in our subsequent
annual and periodic reports filed or furnished with the SEC on Forms
10-K, 10-Q and 8-K and Proxy Statements on Schedule 14A.

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