Winmark/Play It Again Sports Makes Board Change

MINNEAPOLIS, MINNESOTA (August 11, 2025) – Winmark Corporation, the parent company of Play It Again Sports, announced that Jenele C. Grassle has informed the company of her decision not to stand for re-election to the Winmark Board of Directors at its next Annual Meeting of Shareholders in April 2026. Keith Credendino of Macy’s has been named to the Board of Directors and Audit Committee.

Grassle was elected to Winmark’s Board of Directors in 2001 and currently serves as a member of both the Compensation and Nominating Committees.

“Jenele’s contributions to Winmark over the past twenty-four years have been significant and meaningful. Over the course of her Board tenure, Jenele has been a key contributor and has led the effort to enhance the governance structure of the company by adding term limits. She has actively identified and recruited many of our current Board of Directors as well,” noted Brett D. Heffes, Chair and Chief Executive Officer. “I want to personally thank Jenele for her service on behalf of our shareholders and her dedication to helping us over the years. Her leadership has been exceptional, and I thank her for that.”

Credendino has more than 25 years of successful executive and technology leadership experience. He is currently the Chief Information and Technology Officer at Macy’s and was Senior Vice President of Digital Technology & Enterprise Data at Inspire Brands, a multi-brand global restaurant company. He also served as a technology executive at several enterprise organizations, including The Home Depot, InterContinental Hotels Group (IHG) and Cox Enterprises.

“I am thrilled that Keith will be joining our Board of Directors. His expertise in delivering technology solutions across a variety of retail and franchise companies will be invaluable to Winmark and our franchisees as we enhance our technology offerings and seek to fulfill our mission to provide Resale for Everyone®,” Heffes said.

Winmark Corporation/Play It Again Sports is a member of NSGA.