On August 15, 2021, Brandon Van Buren resigned his position as a director of Open Lending Corporation (the Company) following his resignation from True Wind Capital. Mr. Van Burens resignation is not the result any dispute or disagreement with the Company or the Board of Directors (the Board) on any matter relating to the operations, policies or practices of the Company. Effective August 15, 2021, the Board approved the appointment of William Heldfond to serve as a director to fill the vacancy created by the resignation of Mr. Van Buren. Mr. Heldfonds term as a director will expire at the 2024 Annual Meeting of Stockholders. At this time Mr. Heldfond has not been appointed to serve on any Board committees. Mr. Heldfond was appointed to the Board pursuant to that certain Investor Rights Agreement, dated June 10, 2020. Mr. Heldfond, is a Vice President at True Wind Capital
Mr. Heldfond joined True Wind Capital in 2018. From 2013 to 2016 Mr. Heldfond was an Associate at Accel-KKR, where he helped lead growth equity investments and leveraged buyout transactions within the technology, media and telecommunications sectors across both North America and Western Europe.