FIS announced that as part of its ongoing commitment to Board refreshment, and following the Board's appointment of two new independent directors earlier this year, the Corporate Governance, Nominating and Sustainability Committee of the Board has recommended, and the Board has approved, the appointment of a new highly qualified independent director, Mark A. Ernst, to the Board. As previously disclosed in the Company's 2022 annual meeting proxy statement, Jeffrey E. Stiefler and Keith W. Hughes will be retiring from the Board at the 2023 Annual Meeting in accordance with Company policies. In addition, as separately announced, the Company is also implementing a new Board leadership structure featuring an Independent Chairman of the Board.

Mr. Ernst currently serves as the Managing Partner at Bellevue Capital LLC, a role he has held since 2018. Mr. Ernst has more than 25 years of senior management positions in the financial services industry. From 2011 to 2018, Mr. Ernst served as Executive Vice President and Chief Operating Officer of Fiserv, Inc., where he was responsible for the oversight of major operating businesses and support organizations of the enterprise.

His focus included enterprise-wide quality improvement and product management efforts, and he provided executive leadership for Fiserv's operational effectiveness initiatives. Mr. Ernst previously served as deputy commissioner for operations support for the Internal Revenue Service from 2009 to 2010. He has served in various executive roles at H&R Block, Inc., including as Chairman, President and Chief Executive Officer and Chief Operating Officer.

Mr. Ernst currently serves as the Chairman of the Board of Directors of the Financial Health Network. He also serves on the Boards of Blucora, Inc. and Lending Tree, Inc. He has previously served on the boards of H&R Block, Inc., Knight Ridder, Inc., Great Plains Energy, Inc. (Currently Evergy) and SCS Transportation (currently SAIA). He received Bachelor's degrees in Finance and Accounting from Drake University, where he is Chairman of the Board of Trustees, and a Master's of Business Administration in Finance and Economics from the University of Chicago Booth School of Business, where he has served on its Advisory Board.