Shift Technologies, Inc. (the “ Company”) is announcing that Sean Foy is no longer the Chief Operating Officer of the Company, effective June 23, 2023 (the “ Effective Date”). The Company presently does not have any plans to fill the position of Chief Operating Officer, and Ayman Moussa, Chief Executive Officer of the Company, assumed oversight of the majority of Mr. Foy’s operational duties as of the Effective Date.