On July 12, 2020, Benefytt Technologies, Inc. (the Company) entered into an Agreement and Plan of Merger (the Merger Agreement) with Daylight Beta Parent Corp. and Daylight Beta Corp., each affiliates of certain investment funds advised by Madison Dearborn Partners, LLC. In accordance with the terms of the Merger Agreement, effective at the Effective Time, each of Paul E. Avery, Anthony J. Barkett, Paul G. Gabos, Robert S. Murley, John A. Fichthorn, Gavin D. Southwell and Peggy B. Scott voluntarily resigned from his or her position as a member of the Company’s board of directors and any committee thereof. At the Effective Time, Gavin D. Southwell became the director of the Company.