On July 25, 2022, Scott J. Leffler joined Clover Health Investments, Corp. as its Chief Financial Officer (CFO). Mr. Leffler's appointment was previously announced in May 2022.

In connection with his appointment, Mr. Leffler was issued an inducement restricted stock unit award approved by the Talent and Compensation Committee of the Company's Board of Directors. The majority of the restricted stock unit award was granted under the Company's 2022 Inducement Award Plan (the “Inducement Plan”) and otherwise will be subject to the terms and conditions of restricted stock unit award agreements under the Inducement Plan.