Childrens Place, Inc.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On October 2, 2026, The Children’s Place, Inc. (the “Company”) appointed Elizabeth A. LaPuma as a member of the Company’s board of directors (the “Board”) and its Audit Commitee. Ms. LaPuma will hold office until the later of (x) January 31, 2027 and (y) consummation of a restructuring and/or recapitalization transaction involving the Company (the “Term”), unless she otherwise resigns or is removed from office. Beyond such Term, the Company and Ms. LaPuma may mutually agree to extend her services as a director until the annual meeting of stockholders of the Company to be held in 2027. Ms. LaPuma is an independent director and qualifies as an “audit committee financial expert” under applicable SEC and Nasdaq rules. Elizabeth A. LaPuma has more than 25 years of experience across financial advisory, capital markets, strategic transactions and corporate governance. She currently serves as Chair of the Board and Chair of the Audit Committee of Ionic Digital Inc., and previously served as a director of several other public companies, including Big Lots, ContextLogic, Ebix, WeWork, and Surgalign Holdings. Earlier in her career, Ms. LaPuma served as Managing Director and Head of Balance Sheet Advisory at UBS and as Managing Director and Head of Asset Management Services at Alvarez & Marsal. Prior to those roles, she held positions at BlackRock and Lazard. Ms. LaPuma holds an M.B.A. and B.S. in Finance from the Wharton School of the University of Pennsylvania and a B.A. in International Relations from the University of Pennsylvania. Ms. LaPuma’s appointment as a director of the Company is pursuant to a letter agreement (“Letter Agreement”) entered into between Claritas Advisors LLC and the Company, effective as of September 22, 2026. Under the Letter Agreement, Ms. LaPuma is entitled to receive $13,500 on the effective date of the Letter Agreement, and $45,000 on the first business day of each successive calendar month after that during the Term, with a guaranteed minimum payment of $193,500 unless Ms. LaPuma resigns before the end of the Term or is terminated for cause (i.e., gross negligence, willful misconduct, or actual fraud or conviction of a felony). Additionally, Ms. LaPuma will receive cash compensation of $5,000 for each day in which she spends more than four (4) hours outside of Board meetings for meetings or activities outside the scope of routine and customary Board duties, subject to a $50,000 cap per month on such amounts unless otherwise agreed by the Company. Ms. LaPuma is also entitled to reimbursement of reasonable and documented out-of-pocket business expenses incurred in connection with Ms. LaPuma’s service as a Company director (subject to a $50,000 cap unless otherwise agreed by the Company), as well as to customary indemnification arrangements, confidentiality arrangements and D&O insurance coverage. Other than such compensation arrangements, Ms. LaPuma is not entitled to any other compensation, payments, reimbursements or benefits in connection with her service as a director of the Company. In the event the Company and Ms. LaPuma mutually agree to extend her services as a director beyond the Term, as of such date, Ms. LaPuma shall, unless otherwise agreed, receive compensation consistent with the compensation of any other independent director of the Company and not the compensation referred to in the second and third sentences of this paragraph. In the Letter Agreement, Ms. LaPuma waives her right to participate in any employee plan or program of the Company. A copy of the press release announcing the appointment of Ms. LaPuma as a director of the Company is attached to this Current Report on Form 8-K as Exhibit 99.1.