On June 17, 2024, James D. White, Lead Independent Director of the Board of Directors (the ?Board?) of Affirm Holdings, Inc. (the ?Company?), resigned as a member of the Board, effective June 30, 2024. Mr. White informed the Company that his decision to resign was not made because of any disagreement with the Company on any matter relating to the Company?s operations, policies or practices. On June 20, 2024, the Board appointed current Board member Christa S. Quarles to succeed Mr. White as Lead Independent Director effective July 1, 2024.

On June 20, 2024, the Board appointed Brian D. Hughes to the Board as a Class III director, effective July 1, 2024, with a term expiring at the Company?s 2026 annual meeting of stockholders. In addition, Mr. Hughes was appointed as a member of the Audit Committee and the Compensation Committee of the Board. Mr. Hughes is an independent consultant and strategic advisor to the Boston Consulting Group, where he serves clients in the financial industry on growth strategy, digital transformation and risk management.

From 2012 to 2021, Mr. Hughes served in roles of increasing responsibility at Discover Financial Services, including as Chief Risk Officer (2016 to 2021), as SVP and General Manager of Deposits (2015 to 2016) and as SVP of Cardmember Marketing (2012 to 2015). Prior to joining Discover Financial Services, Mr. Hughes held executive roles, including CEO, for HSBC?s Card and Retail Services business and served as a strategy consultant with Booz Allen Hamilton. Mr. Hughes was selected to serve on the Company's Board due to his experience in the financial industry, including in growth strategy and risk management.