On February 5, 2024, the Board of Directors of Sezzle Inc. appointed Karen Webster to the Board of Directors, effective immediately, to fill a vacancy on the Board of Directors. The Board has determined that Ms. Webster qualifies as an ?independent? director of the Company in accordance with the listing requirements of NASDAQ.

Ms. Webster has been appointed as a member of the Board?s Compensation Committee, Nominating and Corporate Governance Committee, and the Audit and Risk Committee. Ms. Webster is the founder and has served as Chief Executive Officer of What?s Next Media & Analytics LLC since July 2009 and has been a consultant and managing director of Berkeley Research Group, LLC since 2023. Ms. Webster also has been a co-founder and executive of Market Platform Dynamics LLC since 2004.

Ms. Webster has a Master of Science in Strategy/Marketing from Johns Hopkins University. Ms. Webster will receive the standard compensation package payable to non-employee directors of the Board. Ms. Webster will be paid annual retainer of $60,000, and a total of $15,000 for her services on the Board?s committees.

In addition, Ms. Webster will be granted a non-employee director grant of restricted stock units having a cumulative value of approximately $46,000 (using a Black Scholes valuation) on April 1, 2024. The restricted stock units will vest 100% after a year of her continued service on the Board. Ms. Webster will also enter into the Company?s standard form of directors?

indemnification agreement, pursuant to which the Company agrees to indemnify its directors and advance certain expenses related thereto to the fullest extent permitted by applicable law in connection with their director services, subject to certain terms and conditions as described in the indemnification agreement.