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Somer Webb Elected to Carriage Services Board of Directors

HOUSTON, July 05, 2023 (GLOBE NEWSWIRE) – Carriage Services, Inc. (NYSE: CSV)
(“Carriage” or the “Company”) announced today that its Board of Directors (the “Board”) has
elected Somer Webb as an independent director, eff ective immediately. Ms. Webb, 44, will serve
as the Chair of the Board’s Compensation Committee and as a member of the Board’s Audit
and Corporate Governance Committees. Following the appointment of Ms. Webb, the Board will
comprise seven directors, fi ve of whom are independent.

“The addition of Somer Webb to Carriage’s Board of Directors is consistent with our commitment
to listen to feedback from our shareholders and take steps to enhance our corporate
governance,” said Carriage’s Executive Chairman Mel Payne. “Somer’s prior experience with
a number of well-respected public companies in the consumer services space will be highly
benefi cial for our Board and management team as we continue to focus on driving shareholder

Ms. Webb has extensive experience in fi nancial planning and analysis, M&A, and driving organic
growth through business intelligence insights. She currently serves as the Chief Financial Offi cer
of Solo Brands, a public company focused on outdoor and lifestyle products for consumers.

Ms. Webb previously served as the Chief Financial Offi cer of Worldwide Express, a technology
driven third-party logistics company. She also has extensive executive experience at public
companies including DaVita Inc., PepsiCo, Southwest Airlines, and Amazon. Ms. Webb earned
a B.B.A. in Management Information Systems from Baylor University and an MBA from the
University of Texas at Arlington.

“I’m looking forward to joining the Board and learning more about Carriage’s unique culture and
operating model and helping to identify additional ways to create value for shareholders,” said
Ms. Webb. “My experience and skillset are well aligned with the Company’s vision for the future.”