On March 7, 2025, Jeffrey T. Diehl, a member of the Board of Directors (Board) of Second Quarter Holdings, Inc. (Company) notified the company of his decision not to stand for re-election at the company?s 2025 annual meeting of stockholders. Mr. Diehl joined the Board in July 2007 and currently serves as Lead Independent Director and a member of the Compensation Committee. Mr. Diehl will continue to serve in his respective roles through the expiration of his current term as a director of the company.
Mr. Diehl, Managing Partner & Head of Investments of Adams Street Partners, LLC, joined the Board in connection with Adams Street?s investment in the company in 2007.
