Open Lending stockholders approve reverse stock split and board declassification at annual meeting

Proposal 4 - Stockholder Proposal Regarding the Declassification of the Company’s Board of Directors The stockholders approved the stockholder proposal regarding the declassification of the Company’s board of directors.

Proposal 2 - Ratification of the Appointment of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm The stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.

Proposal 3 - Nonbinding Advisory Vote Approving the Compensation of the Company’s Named Executive Officers The stockholders approved the compensation of the Company’s named executive officers.

Proposal 1 - Election of Two Class III Director Nominees The stockholders elected each of the two persons named below to serve as Class III members of the Company’s board of directors, to serve until the Company’s 2029 Annual Meeting of Stockholders and until his or her successor is duly elected and qualified.

Proposal 5 - Reverse Stock Split Proposal The stockholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Company’s shares of common stock at a ratio in the range from 1-for-5 to 1-for-7, and a proportionate decrease to the number of authorized shares of the Company’s common stock, with the exact ratio to be set within such range at the discretion of the Company’s board of directors without further action by the Company’s stockholders.