13D Filing: Lone Star Value Management and Hudson Global Inc. (HSON)

B.

Lone Star Value GP

(a)

As of the close of business on March 30, 2018, Lone Star Value GP directly beneficially owned 7,458 Shares.

Percentage: Less than 1%.

(b)

1. Sole power to vote or direct vote: 7,458 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 7,458 4. Shared power to dispose or direct the disposition: 0

(c)

Except as otherwise disclosed herein, there have been no transactions in securities of the Issuer by Lone Star Value GP during the past sixty days. Lone Star Value GP received 7,458 Shares in connection with the Lone Star Value Distribution.

C.

Lone Star Value Management

(a)

As of the close of business on March 30, 2018, 125,000 Shares were held in the Lone Star Value Account. Lone Star Value Management, as the investment manager of the Lone Star Value Account, may be deemed the beneficial owner of the 125,000 Shares held in the Lone Star Value Account.

Percentage: Less than 1%

(b)

1. Sole power to vote or direct vote: 125,000 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 125,000 4. Shared power to dispose or direct the disposition: 0

(c)

Except as otherwise disclosed herein, there have been no transactions in securities of the Issuer by Lone Star Value Management during the past sixty days.

D.

Mr. Eberwein

(a)

As of the close of business on March 30, 2018, Mr. Eberwein beneficially owned directly 1,264,621Shares, including 259,567 Shares underlying Share Units. Mr. Eberwein, as the manager of Lone Star Value GP, may be deemed the beneficial owner of the 7,458 Shares owned by Lone Star Value GP. Mr. Eberwein, as the sole member of Lone Star Value Management, may be deemed the beneficial owner of the 125,000 Shares held in the Lone Star Value Account.

Percentage: Approximately 4.5%

(b)

1. Sole power to vote or direct vote: 1,397,079 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 1,397,079 4. Shared power to dispose or direct the disposition: 0

(c)

Except as otherwise disclosed herein, there have been no transactions in securities of the Issuer by Mr. Eberwein during the past sixty days. Mr. Eberwein received 1,005,054 Shares in connection with the Lone Star Value Distribution. On March 9, 2018, 11,800 Share Units were awarded to Mr. Eberwein in his capacity as a director under the Issuer’s Director Deferred Share Plan.