Katapult Holdings, Inc. — fact timeline

Katapult Holdings, Inc. shareholders approved Amendment to 2021 Equity Incentive Plan – To amend the 2021 Equity Incentive Plan for the Company to (i) provide an increase in the number of shares currently available under the 2021 Equity Incentive Plan, (ii) add an "evergreen" provision beginning as of January 1, 2024, and (iii) extend the expir at the 2023-06-06 meeting.

“Proposal 2. Amendment to 2021 Equity Incentive Plan – To amend the 2021 Equity Incentive Plan for the Company to (i) provide an increase in the number of shares currently available under the 2021 Equity Incentive Plan, (ii) add an "evergreen" provision beginning as of January 1, 2024, and (iii) extend the expiration date to the tenth (10th) anniversary of the Annual Meeting. The propos al was approved by the following votes: Common Stock Votes For Common Stock Votes Against Common Stock Abstentions Common Stock Broker Non-Votes 45,104,605 10,045,782 213,048 14,668,786”

Katapult Holdings, Inc. shareholders approved Election of Directors – To elect Mr. Brian Hirsch and Ms. Jane J. Thompson as Class II Directors to the Board of Directors (the "Board"), to serve until the Company's 2026 Annual Meeting of Stockholders and until their successors are elected and qualified. at the 2023-06-06 meeting.

“Proposal 1. Election of Directors – To elect Mr. Brian Hirsch and Ms. Jane J. Thompson as Class II Directors to the Board of Directors (the "Board"), to serve until the Company's 2026 Annual Meeting of Stockholders and until their successors are elected and qualified. The proposal was approved b y the following votes for each nominee: Director Common Stock Votes For Common Stock Votes Withheld Common Stock Broker Non-Votes Brian Hirsch 46,825,125 8,538,310 14,668,786 Jane J. Thompson 47,701,492 7,661,943 14,668,786”

Katapult Holdings, Inc. reported first quarter ended March 31, 2023 results: revenue $55.7 million, net income $9.1 million. Guidance initiated.

“million, increased 17.3% from the first quarter of 2022 ◦ Approximately 47% of gross originations for the first quarter of 2023 came from repeat customers 1 • Total revenue of $55.7 million, decreased 7.0% year-over-year, but reflects sequential improvement due to strong collection efforts and underwriting performance • Net loss was $9.1 million for the first”

Katapult Holdings, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).

“April 21, 2023, Katapult Holdings, Inc. (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company’s common stock, par value $0.0001 per share (the “Common Stock”), was below $1.00 per share, which is the minimum closing bid price required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Notice”). This Notice is a notice of deficiency, not delisting, and has no immediate effect”

Katapult Holdings, Inc. dismissed Deloitte & Touche LLP as its auditor.

“On March 15, 2023, the Committee dismissed Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm, effective immediately.”

Katapult Holdings, Inc. engaged Grant Thornton LLP as its auditor.

“On March 15, 2023, following a comprehensive review process, the Audit Committee (the “Committee”) of the Board of Directors of Katapult Holdings, Inc. (the “Company”) approved the engagement of Grant Thornton LLP (“Grant Thornton”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023, effective immediately.”

Katapult Holdings, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $48.8 million, net income $14.4 million.

“1.5% year-over-year, the first positive inflection since the third quarter of 2021. December 2022 gross originations increased by mid-teen’s year- over-year • Total revenue of $48.8 million decreased by $24.5 million, or 33.4% compared to the prior year period. Of the total $24.5 million decrease, $9.0 million was a result of our adoption of ASC 842 as of January 1,”

Karissa Cupito changed role as Chief Financial Officer at Katapult Holdings, Inc..

“On November 17, in connection with Ms. Walsh’s appointment, the Company announced that Karissa Cupito would step down from her position as the Company’s Chief Financial Officer and transition into a senior advisory role, effective as of December 12, 2022.”

Nancy Walsh was appointed as Chief Financial Officer at Katapult Holdings, Inc..

“On November 16, 2022 the Board of Directors of Katapult Holdings, Inc. (the “Company”) appointed Nancy Walsh, age 61, as the Company’s Chief Financial Officer, effective as of December 12, 2022.”

Katapult Holdings, Inc. reported the third quarter ended September 30, 2022 results: revenue $50.3 million, net income $8.2 million.

“today reported its financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Financial and Operational Highlights: • Recorded total revenue of $50.3 million in third quarter 2022 compared to $71.7 million in the prior year, a decrease of $21.4 million. $5.4 million of this decline was attributable to the Company’s adoption of ASC 842”

Fangqiu Sun departed as Chief of Decision Science at Katapult Holdings, Inc..

“Ms. Fangqiu Sun, the Company’s Chief of Decision Science, will be leaving the Company.”

Joyce Phillips was appointed as member of the Board and member of the Audit Committee at Katapult Holdings, Inc..

“In addition, on February 8, 2022, the Board increased the size of the Board from seven to eight directors and, upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Joyce Phillips to serve as a member of the Board and as a member of the Board’s Audit Committee, effective February 9, 2022.”

Jane J. Thompson was appointed as member of the Board and chair of the Compensation Committee at Katapult Holdings, Inc..

“On February 8, 2022, upon the recommendation of the Nominating and Corporate Governance Committee of the Board, the Board appointed Jane J. Thompson to serve as a member of the Board and as the chair of the Board’s Compensation Committee, effective February 9, 2022.”

Joanne Bradford resigned as director at Katapult Holdings, Inc..

“On February 7, 2022, Joanne Bradford, a member of the Board of Directors (the “Board”) of Katapult Holdings, Inc. (“Katapult”), informed Katapult of her decision to resign as a director of Katapult, effective February 8, 2022, in order to focus on other commitments.”