Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain

Officers.

On April 11, 2022, David Viniar and Anna Patterson informed Block, Inc. (the "Company") that they would not stand for re-election as Class I members of the Board of Directors of the Company (the "Board") at the Company's 2022 annual meeting of stockholders (the "Annual Meeting") expected to take place on June 14, 2022. They will continue to serve through the end of their current term which ends on the date of the Annual Meeting. Their decision to not stand for re-election was a result of wanting to devote more time to other professional and personal activities and was not a result of any disagreements with the Company on any matter relating to the Company's operations, policies or practices. Mr. Viniar noted that his decision was also motivated, in part, by an increasing potential for competitive overlap with other boards. The Board thanks both Mr. Viniar and Dr. Patterson for their service and valuable contributions to the Company over the years.

The Company anticipates that the Board will decrease the size of the Board from thirteen to eleven directors, effective at the Annual Meeting.

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