ALJ REGIONAL HOLDINGS, INC. ANNOUNCES EARNINGS FOR THE FOURTH QUARTER ENDED DECEMBER 31, 2021

ALJ REGIONAL HOLDINGS, INC. ANNOUNCES EARNINGS FOR THE FIRST QUARTER
ENDED DECEMBER 31, 2021

NEW YORK, NY, February 11, 2022 – ALJ Regional Holdings, Inc. (NASDAQ: ALJJ) (“ALJ”)
announced results today for its first quarter ended December 31, 2021.


ALJ is a holding company, whose wholly owned subsidiaries during the first quarter included
Faneuil, Inc. (“Faneuil”), and Phoenix Color Corp. (“Phoenix”). Faneuil is a leading provider of call center
services, back-office operations, staffing services, and toll collection services to governmental and
commercial clients across the United States. Phoenix is a leading manufacturer of book components,
educational materials, and related products producing value-added components, heavily illustrated books,
and specialty commercial products using a broad spectrum of materials and decorative technologies.


ALJ completed the sale of Floors-N-More, LLC, d/b/a Carpets N’ More (“Carpets”) in February 2021. As such, Carpets’ results of operations are excluded from continuing operations presented below and
are presented as discontinued operations.