Open Lending Corp — fact timeline

Open Lending Corp shareholders approved Reverse Stock Split Proposal - Amendment to Certificate of Incorporation to effect a reverse stock split at a ratio in the range from 1-for-5 to 1-for-7 at the 2026-06-03 meeting.

“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.”

Open Lending Corp shareholders approved Stockholder Proposal Regarding the Declassification of the Company’s Board of Directors at the 2026-06-03 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.”

Open Lending Corp shareholders approved Nonbinding Advisory Vote Approving the Compensation of the Company’s Named Executive Officers at the 2026-06-03 meeting.

“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.”

Open Lending Corp shareholders approved Ratification of the Appointment of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm at the 2026-06-03 meeting.

“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.”

Open Lending Corp shareholders approved Election of Two Class III Director Nominees at the 2026-06-03 meeting.

“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.”

Open Lending Corp reported first quarter ended March 31, 2026 results: revenue $20.5 million, net income $0.5 million.

“• The Company facilitated 21,064 certified loans during the first quarter of 2026, compared to 27,638 certified loans in the first quarter of 2025. • Total revenue was $20.5 million during the first quarter of 2026, compared to $24.4 million in the first quarter of 2025. The first quarter of 2026 was impacted by a $0.7 million reduction in estimated profit”

Sarah Lackey changed role as Vice President of Strategic Initiatives at Open Lending Corp.

“On April 22, 2025, Open Lending Corporation (the "Company") reassigned the duties and responsibilities of Sarah Lackey, the Company's Chief Technology Officer and a named executive officer, to other personnel within the Company.”

Michelle Glasl was appointed as Chief Operating Officer at Open Lending Corp.

“the Board also appointed Michelle Glasl as the Chief Operating Officer of the Company, effective immediately.”

Jessica Buss was appointed as Chief Executive Officer at Open Lending Corp.

“the Board has appointed Jessica Buss as the Chief Executive Officer of the Company, effective immediately.”

John J. Flynn retired as member of the Board of Directors at Open Lending Corp.

“On January 21, 2025, Open Lending Corporation (the “Company”) announced that John J. Flynn retired from his position as a member of the Board of Directors (the “Board”) of the Company, effective as of January 16, 2025.”

Charles D. Jehl was elected as Director at Open Lending Corp.

“elected Mr. Jehl as a member of the Board”

Charles D. Jehl was appointed as Chief Executive Officer at Open Lending Corp.

“the Board of Directors (the “Board”) of Open Lending Corporation (the “Company”) announced that it has appointed Charles D. Jehl as the Chief Executive Officer of the Company on a permanent, non-interim basis and elected Mr. Jehl as a member of the Board, each effective as of the same date.”

Thinh Nguyen was terminated as Chief Information Officer at Open Lending Corp.

“On May 2, 2024, Open Lending Corporation (the “Company”) terminated the employment of Thinh Nguyen, Chief Information Officer of the Company, without cause, effective as of May 2, 2024”

Open Lending Corp reported fiscal quarter ended March 31, 2024 results: revenue $30.7 million, net income $5.1 million.

“• The Company facilitated 28,189 certified loans during the first quarter of 2024, compared to 32,408 certified loans in the first quarter of 2023. • Total revenue was $30.7 million during the first quarter of 2024, compared to $38.4 million in the first quarter of 2023. The first quarter of 2024 was negatively impacted by a $1.1 million reduction in”

Charles D. Jehl was appointed as Interim Chief Executive Officer and Chief Operating Officer at Open Lending Corp.

“The Board has appointed Charles D. Jehl to serve as the Interim Chief Executive Officer of the Company and the Chief Operating Officer of the Company, in addition to serving as Chief Financial Officer and Treasurer of the Company, effective as of March 22, 2024.”

Keith A. Jezek resigned as Chief Executive Officer at Open Lending Corp.

“On March 22, 2024, Keith A. Jezek, the Chief Executive Officer of Open Lending Corporation (the “Company”), terminated employment with the Company and resigned from the Board of Directors of the Company (the “Board”), effective as of March 22, 2024.”

Open Lending Corp reported financial results for the fiscal quarter and year ended December 31, 2023.

“On February 27, 2024, Open Lending Corporation (the “Company”) issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2023.”