Warburg Pincus Capital Corporation I-B Appoints Gunther T. Bright as a New Director of the Company and to Serve on the Audit Committee, the Nominating Committee and the Compensation Committee

On June 11, 2021, Warburg Pincus Capital Corporation I-B (the Company) announced the appointment of Gunther T. Bright as a new director of the Company. Mr. Bright has been appointed to serve on the audit committee, the nominating committee and the compensation committee of the Company, with such appointment effective upon him becoming a director of the Company. Mr. Bright has held a variety of leadership roles across American Express since 1994. Currently Mr. Bright is the Executive Vice President and General Manager, Global and U.S. Large Enterprises and has held this role since 2020. In this role, Mr. Bright leads strategy, business transformation, acquisition and client management for American Express’ largest commercial prospects and clients, generating over $1 billion in revenue for American Express.