On March 6, 2024, Steve Nave resigned as Chief Financial officer of Funko, Inc., effective March 15, 2024. Also on March 6, 2024, the Company?s Board of Directors appointed Yves LePendeven as the Company?s Acting Chief Financial Officer. Mr. LePendeven, age 45, has served as the Company Deputy Chief Financial Officer since August 2023.

Prior to that, Mr. Le Pendeven held several roles as a senior finance executive since joining Funko in October 2019. Prior to joining Funko, Mr. Le Pendeven served multiple finance roles at Volcom, a subsidiary of the Kering Group, most recently as Vice President, Financial Planning & Analysis, where he oversaw global financial planning. Prior to that, Mr. Le Pendeven was a Director, Financial Planning and Analysis in the corporate finance group at Quiksilver.

Mr. Le Pendeven received an M.B.A. from the Paul Merage School of Business at University of California - Irvine and a B.A. in Science, Technology and Society from Stanford University. In connection with Mr. LePendeven?s appointment as Acting Chief Financial Officer, the Company has entered into a Letter Agreement with Mr. LePendeven, dated March 6, 2024 (the ?LePendeven Letter?). The LePendeven Letter provides, among other things, that, in connection with his appointment as Acting Chief Financial Officer, Mr. LePendeven will receive an additional $10,000 per month for each month that he serves as Acting Chief Financial Officer as well as a one-time award of 5,000 restricted stock units granted on the Effective Date, which will vest on the six-month anniversary of the date of grant, subject to his continued service through such date.

In addition, the LePendeven Letter provides that in the event Mr. LePendeven?s employment is terminated by the Company without ?cause? or by Mr. LePendeven for ?good reason? then, subject to his execution and non-revocation of a release of claims, Mr. LePendeven will be entitled to receive separation benefits of: continued base salary payments for six months, less applicable withholdings, and reimbursement for up to six months of the Company-paid portion of premium payments, as if Mr. LePendeven had remained an active employee, for any COBRA coverage that he elects, which shall be payable monthly.