Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 15, 2021, Spencer Lee resigned from his position as chief financial officer, principal financial officer and principal accounting officer of Hims & Hers Health, Inc. (the "Company") consistent with previously disclosed plans for Mr. Lee to transition out of the Company. Concurrently with Mr. Lee's resignation, the Company's board of directors appointed Irene A. Becklund as interim principal financial officer and principal accounting officer of the Company, effective immediately. Ms. Becklund has served as the Company's controller since June 2019 and will serve as interim principal financial officer and principal accounting officer while the Company continues its search for a permanent chief financial officer to replace Mr. Lee. As previously disclosed, Mr. Lee is supporting the Company's ongoing transition plan until a new permanent chief financial officer is appointed. On November 16, 2021, Mr. Lee and the Company entered into a Consulting Agreement pursuant to which Mr. Lee will continue to support the Company as a consultant until February 28, 2022, subject to renewal, and will receive a fee of $15,000 per month.

Prior to joining the Company, Ms. Becklund, 37, served as the controller for various companies, including Minted, an online marketplace of independent artists and designers, from October 2016 to May 2019, Dot & Bo, a furniture ecommerce company, from June 2015 to September 2016, and C12 Energy, a developer of geologic assets, from June 2013 to April 2015. Additionally, Ms. Becklund has nearly seven years of public accounting experience from her time working at KPMG LLP from September 2006 to May 2013. Ms. Becklund is a certified public accountant and holds a bachelor's degree, with a double major in economics with an accounting emphasis and global studies, from the University of California, Santa Barbara.

In connection with Ms. Becklund's appointment as interim principal financial officer and principal accounting officer, Ms. Becklund received a grant of 25,000 restricted stock units under the Company's 2020 Equity Incentive Plan, of which 25% will vest on each of December 15, 2021, March 15, 2022, June 15, 2022, and September 15, 2022, subject to Ms. Becklund's continued service with the Company through each vesting date. There are no arrangements or understandings between Ms. Becklund and any other persons pursuant to which she was appointed as principal financial officer and principal accounting offer of the Company. There are no family relationships between Ms. Becklund and any director, executive officer, or any person nominated or chosen by the Company to become a director or executive officer. Ms. Becklund is not a party to any current or proposed transaction with the Company for which disclosure is required under Item 404(a) of Regulation S-K. Ms. Becklund has entered into the Company's standard form of indemnification agreement.

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