OneSpan Inc. announced Mr. Steven Worth, the Company's General Counsel, Chief Compliance Officer and Corporate Secretary, reached an agreement regarding Mr. Worth's resignation from the Company after six years of service. Mr. Worth's last day of employment will be April 8, 2022. In connection with his departure, Mr. Worth is eligible to receive the following severance benefits, subject to the execution and non-revocation of a general release and waiver of claims: (a) an amount equal to: one year of Mr. Worth's current base salary and; 100% of Mr. Worth's current annual incentive compensation target, together totaling $616,011, less applicable taxes and withholding deductions, and (b) subject to Mr. Worth's timely election for COBRA continuation coverage, continued participation by Mr. Worth and his eligible dependents in the Company's group health plans at the same rates as active employees for 12 months, as more fully described in the Separation Agreement and General Release, dated as of April 4, 2022, hereto as Exhibit 10.1 and incorporated herein by reference.