Sezzle expands bank program with WebBank to add SezzleCash and Sezzle Send products

Sezzle Inc.

WebBank to originate and fund loans for SezzleCash and Sezzle Send; retains loans up to $30M initially, up to $150M at its discretion.
Minimum tangible net worth covenant raised from $12M to $100M; new termination events for judgments/fines and covenant breaches.
Program term unchanged through September 27, 2029; existing product sale structure and economics substantially unchanged.
Sezzle continues to service all loans; WebBank remains exclusive originator for existing and new products.

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