International Money Express, Inc. on September 1, 2023, Randall Nilsen, the Chief Revenue Officer informed the Company of his intention to resign from his position, effective September 30, 2023. As a result of Mr. Nilsen?s contributions to the Company and his continued desire to lead U.S. and Canada retail sales for the Company?s Intermex brand, the Company and Mr. Nilsen have agreed that he will assume the newly created position of Executive Vice President of Intermex Retail Sales, U.S and Canada, effective October 1, 2023 . In the role Mr. Nilsen will oversee sales of the Intermex brand through its network of retail agents in the U.S. and Canada.

Mr. Nilsen?s other duties, including oversight of marketing, pricing, payer network management, and sales for acquired entities, will be transferred to other officers rather than seeking a replacement CRO. Mr. Nilsen will continue to report to Robert W. Lisy, Chief Executive Officer, President and Chairman of the Company, and will continue as CRO until September 30, 2023 to ensure a smooth transition of his previous responsibilities as described above. Mr. Nilsen?s new role is subject to execution of a mutually satisfactory amended and restated employment agreement.

Mr. Nilsen?s decision to resign as CRO was not related to any disagreement with the Company on any matter relating to the Company?s strategy, financial, leadership, operations, policies or practices.