Bluestem Group Inc. Announces Election of Directors

EDEN PRAIRIE, Minn.--()--Bluestem Group Inc. ("Bluestem Group" or the "Company") (OTCMKTS: BGRP) today announced that at the annual stockholders’ meeting held on June 21, 2017, the Company’s common stockholders voted to elect the following individuals to serve as directors until the next annual stockholders meeting: Charles H. Cremens, Eugene I. Davis, Lisa Gavales, Thomas F. Maher, Steven H. Nave, Scott A. Schroepfer and Alexander W. Smith. Matthew Kabaker and Alberto Sanchez continue to serve as directors of the Company elected by the holders of the Company’s Series A Convertible Preferred Stock.

About Bluestem Group
Bluestem Group Inc. is a holding company whose businesses include Bluestem Brands, a national, multi-brand, online retailer of a broad selection of name-brand and private label general merchandise serving the boomer and senior demographic, generally considered age 50 and over, and low- to middle-income consumers over all age demographics through 14 retail brands that include: Appleseed’s, Bedford Fair, Blair, Draper’s & Damon’s, Fingerhut, Gettington, Gold Violin, Haband, LinenSource, Norm Thompson, Old Pueblo Traders, Sahalie, Tog Shop and Wintersilks. Complementing each brand is a large selection of merchandise with payment options that provide customers with the flexibility of paying over time. Bluestem Group is headquartered in Eden Prairie, MN. For additional information visit the Bluestem Group website at www.bluestem.com.

Contacts

Investor Relations:
ICR
Denise Garcia
IR@bluestembrands.com

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