On December 10, 2022, Michael A. Tucker, age 59, was appointed by the GWG Holdings, Inc. (Company) board of directors as Chief Financial Officer of the Company. With the support of additional personnel from FTI Consulting, Inc. (“FTI”), Mr. Tucker will perform the ordinary course duties of a chief financial officer in connection with the Company’s chapter 11 cases and related matters and report to the Chief Executive Officer. The Company intends to file a motion in the Bankruptcy Court of the Southern District of Texas in relation to Mr. Tucker’s appointment.

Mr. Tucker has extensive experience in advising companies, creditors and other parties in restructuring and operational improvement situations during his 37-year career. Mr. Tucker has also been part of management teams including having been appointed the Chief Restructuring Officer of Martifer Solar USA, Inc. in March 2014 and then the Chief Executive Officer and Chief Financial Officer in April 2014 with all Martifer duties ending in June 2015. Mr. Tucker began his career in the audit department at PricewaterhouseCoopers (“PwC”) in 1985 and was admitted to the partnership in 1998.

In 2002, FTI Consulting acquired PwC’s Business Recovery Services practice, where Mr. Tucker was a Partner. Mr. Tucker has been employed as a Senior Managing Director by FTI continuously since 2002. Mr. Tucker is a Certified Public Accountant as well as a Certified Turnaround Professional and a Certified Fraud Examiner.

Mr. Tucker received a B.S., in Accounting, from the University of Illinois.