On January 24, 2022, John C. Dean provided notice to Elevate Credit, Inc. that he would not stand for reelection at the company's 2022 Annual Meeting of Stockholders. Mr. Dean will remain a director and maintain his role as compensation committee chairman through the 2022 Annual Meeting. Mr. Dean's decision not to stand for reelection is not the result of any disagreement with management or the board related to the company's operations, policies or practices.

On January 25, 2022, Stephen J. Shaper notified the company of his intention to resign as a member of the Board, effective immediately. Mr. Shaper's decision to resign is not the result of any disagreement with management or the Board related to the company's operations, policies or practices.