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

Officers; Compensatory Arrangements of Certain Officers

On November 25, 2022, Murray T. Holland, the former president and CEO of GWG Holdings, Inc. (the "Company"), and a member of the Company's board of directors (the "Board"), gave notice to the Company of his resignation as a member of the Board and any committees thereof. A copy of Mr. Holland's letter of resignation is attached to this Form 8-K as Exhibit 17.1. On December 1, 2022, Mr. Holland delivered a letter to the Board (attached to this Form 8-K as Exhibit 17.2) that notes his disagreement with the conclusions and findings of the investigations committee of the Board, and the Company believes that Mr. Holland's resignation from the Board is the result of such disagreement. The Company announced the resignation of Mr. Holland via a press release dated December 1, 2022 and attached to this Form 8-K as Exhibit 99.1. The Company provided Mr. Holland the opportunity to review the disclosure included in this Current Report on Form 8-K filed by the Company on December 1, 2022, and noted no disagreement with the disclosure.

Item 9.01 Financial Statements and Exhibits





17.1      Resignation Letter of Murray T. Holland dated November 25, 2022.

17.2      Letter from Murray T. Holland dated December 1, 2022.

99.1      Press Release dated December 1, 2022

104     Cover Page Interactive Data File (embedded within the Inline XBRL Document)

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