Movado Group, Inc. announced that Maya Peterson has been appointed to the Company's Board of Directors, effective February 1, 2022. Following Ms. Peterson's appointment, the Board will include eight members possessing a broad range of experience and capabilities from finance and strategy, to digital and marketing. Ms. Peterson brings extensive leadership, creative strategy and marketing experience to the Movado Group Board.

She currently serves as Vice President, Insights & Strategy at Universal Music Group for Brands. Additionally, Ms. Peterson serves as a Senior Advisor to Influence Change, a nonpartisan organization focused on voter justice. Previously, Ms. Peterson held senior marketing positions at ViacomCBS and several other consumer products and services companies.