Bluestem Group Inc. Announces Reporting Dates for First Quarter 2019 Earnings Results

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Bluestem Group Inc. ("Bluestem" or the "Company") BGRP today announced that it plans to report the Company's financial results that include its wholly-owned subsidiary, Bluestem Brands, Inc. and its subsidiaries, for the 13-week period ended May 3, 2019 on Tuesday, June 18, 2019. The Company will host a conference call to discuss these results on Wednesday, June 19, 2019 at 9:00 AM ET.

The conference call can be accessed at (888) 394-8218 or (323) 701-0225 (International), conference ID # 1934839 and broadcast simultaneously at http://www.bluestem.com/investor-relations. Following completion of the call, a recorded replay of the webcast will be available on Bluestem's website. To listen to the telephone replay, call toll-free (844) 512-2921 or (412) 317-6671 (International), replay pin # 1934839. The telephone replay will be available at 11:00 AM ET June 19, 2019. Additional investor information can be accessed at http://www.bluestem.com/investor-relations.

Annual Meeting of Stockholders

The 2019 Annual Meeting of Stockholders of Bluestem Group Inc. will be held at the offices of Faegre Baker Daniels LLP, 90 South Seventh Street, 2200 Wells Fargo Center, Minneapolis, MN 55402, commencing at 8:00 AM Central Time, on Wednesday, June 12, 2019, (i) to elect 7 members of the board of directors to serve until the next annual meeting of stockholders, (ii) to ratify the selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending January 31, 2020; and (iii) to transact such other business as may properly come before the meeting or any adjournments thereof. Stockholders of record as of the close of business on April 15, 2019 will be entitled to notice of and to vote at the annual meeting or any adjournments thereof.

About Bluestem Group Inc.

Bluestem Group Inc., a holding company headquartered in Eden Prairie, MN, operates multiple direct to consumer retail brands through its subsidiary Bluestem Brands. The Northstar Portfolio includes Fingerhut and Gettington, both of which are national multi-channel retail brands offering a broad selection of name brand and private label merchandise serving low- to middle-income consumers by offering multiple payment plans through revolving credit lines or installment loans offered by WebBank. The Orchard Portfolio consists of multichannel brands that offer apparel, accessories, and home products for the boomer and senior demographic, generally considered age 50 and over and provide customers with the ability to obtain credit through a third-party private label credit card. Continuing brands include Appleseed's, Blair, Draper's & Damon's, Haband, and Old Pueblo Traders. At the end of fiscal 2018, the Company announced that it would be exiting from six legacy brands in fiscal 2019: Bedford Fair, Gold Violin, Norm Thompson, Sahalie, Tog Shop and WinterSilks. For additional information visit the Bluestem Group website at www.bluestem.com.

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