On December 1, 2022, Sarah Cutrona, Chief Counsel of Elevate Credit, Inc. announced her retirement. Ms. Cutrona will remain and be compensated as a legal advisor and consultant to the Company. Her cash compensation will be commensurate with her existing salary and she will continue to vest in her outstanding equity awards during the term of her services.

As part of an established succession plan, Kate Vanderkolk will assume the Chief Counsel duties effective January 1, 2023. Ms. Vanderkolk currently serves as General Counsel and Chief Risk Officer of the Company.