Care.com Appoints Joanna Rees to Board of Directors

WALTHAM, Mass.–(BUSINESS WIRE)–Care.com (NYSE:CRCM), the world’s largest online destination for finding
and managing family care, today announced that it has appointed Joanna
Rees, a Managing Partner at West and a Senior Partner of the B Team, to
its Board of Directors.

In making the announcement, Sheila Lirio Marcelo, Founder, Chairwoman
and CEO of Care.com, said “We couldn’t be more thrilled to have Joanna
join the Care.com Board. She has a uniquely rich background in both
finance and marketing that we believe will be enormously valuable to us
as we scale our services, product offerings and global footprint. In
addition, Joanna’s work with the B Team clearly demonstrates that she
shares our commitment to positively impacting families and caregivers
around the world.”

Ms. Rees said, “Care.com is filling a huge and growing need with
innovative, multi-platform offerings. I’m excited to work with Sheila
and the Board and bring my experiences across finance, marketing and
branding to bear in helping the company reach its goals.”

As a Managing Partner of West, a market creation company founded by the
former head of marketing at Apple, Ms. Rees oversees the firm’s
investment activities. She is also a Partner of the B Team, a
not-for-profit initiative formed by a global group of business leaders
to catalyze a better way of doing business, for the well-being of people
and the planet. Most recently Ms. Rees led the formation and capital
raise of Endeavor Catalyst, an impact investment fund as part of
Endeavor Global.

A candidate for Mayor of San Francisco in 2011, Ms. Rees previously ran
VSP Capital, a venture capital firm she founded focused on early-stage
companies combining technical innovation with market development. Her
prior professional experience includes finance and investment banking
positions at BA Securities and boutique merchant bank, Vrolyk & Co, as
well as senior marketing management positions at Danone, where she
ultimately served as head of New Product Development. She began her
career at DMB&B. Ms. Rees currently serves on the Boards of FICO (NYSE:
FICO), Harvest Power, Prelude Fertility, Mursion and Hickies, Inc.
Active in the non-profit sector, Ms. Rees serves on the National Board
of Build.org and the Global Board of Endeavor.org, and engages in a
variety of roles with the Aspen Institute. She holds an MBA from
Columbia University and a B.S. from Duke University.

About Care.com:

Since launching in 2007, Care.com (NYSE:CRCM) has been committed to
solving the complex care challenges that impact families, caregivers,
employers, and care service companies. Today, Care.com is the world’s
largest online destination for finding and managing family care, with
11.0 million families and 8.6 million caregivers* across 16 countries,
including the U.S., UK, Canada and parts of Western Europe, and
approximately 800,000 employees of corporate clients having access to
our services. Spanning child care to senior care, pet care, housekeeping
and more, Care.com provides a sweeping array of services for families
and caregivers to find, manage and pay for care or find employment.
These include: a comprehensive suite of safety tools and resources
members may use to help make more informed hiring decisions – such as
third-party background check services, monitored messaging, and tips on
hiring best practices; easy ways for caregivers to be paid online or via
mobile app; and household payroll and tax services provided by Care.com
HomePay. Care.com builds employers customized benefits packages covering
child care, back up care and senior care consulting services through its
Care@Work business, and serves care businesses with marketing and
recruiting support. To connect families further, Care.com acquired
community platforms Big Tent and Kinsights in 2013 and 2015,
respectively. Headquartered in Waltham, Massachusetts, Care.com has
offices in Berlin, Austin, New York City and the San Francisco Bay area.

*As of March 2016

Contacts

Care.com
Nancy Bushkin, 781-642-5919
VP, Global Public
Relations & Corporate Communications
nbushkin@care.com

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