CITITRENDS Announces Finance Leadership Update

SAVANNAH, Ga.--(BUSINESS WIRE)--Citi Trends, Inc. (NASDAQ: CTRN), a leading off-price value retailer of apparel, accessories and home trends primarily for Black families, today announced that Chief Financial Officer Heather Plutino has informed the Company of her decision to step down from her role for personal reasons.

Ms. Plutino will continue to serve as Chief Financial Officer while the Company conducts a search for her successor and is committed to ensuring a smooth and orderly transition once a new Chief Financial Officer is appointed.

“Heather has been an important member of our leadership team, and I want to thank her for her contributions to CITITRENDS,” said Ken Seipel, Chairman and Chief Executive Officer. “We respect Heather’s decision to step away and greatly appreciate her willingness to remain actively engaged as we conduct our search and her support to transition the role to her successor. Her continued leadership provides stability and continuity for our finance organization during this process.”

“I am grateful for the opportunity to have been part of CITITRENDS and am very proud of what our team has accomplished,” said Plutino. “After thoughtful consideration, I have made the decision to step down from my role. I continue to have great confidence in the transformation plan we are executing and this team’s ability to create value for our shareholders. I remain fully committed to the Company and to supporting Ken, the Board and our finance team while we identify my successor and ensuring a seamless transition.”

About CITITRENDS

Citi Trends, Inc. (CTRN) is a leading off-price value retailer of apparel, accessories and home trends primarily for Black families in the United States. The Company operates stores in urban, suburban and rural markets and offers fashionable merchandise at compelling values. For more information, visit the Company’s website at www.cititrends.com.