Semrush Holdings, Inc. announced on February 15, 2024, Mr. Roman Simonov notified the board of directors (the board) of the company that he intends to resign as a member of the board and as a member of the compensation committee of the board effective February 16, 2024. Mr. Simonov states in his resignation letter that his resignation is for personal reasons and not the result of any disagreement with the company on any matter relating to the company?s operations, policies or practices. As a result of Mr. Simonov?s resignation, the size of the Board was reduced to 8 directors, effective upon such resignation.