Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On January 3, 2022, Martin Petersen, Chief Financial Officer of Cricut, Inc. (Cricut), who has been with Cricut for over 10 years, informed Cricut of his intention to step down from his position as Chief Financial Officer, effective March 31, 2022, and to retire from Cricut effective September 30, 2022. Mr. Petersen will remain employed by Cricut as Executive Vice President and Senior Advisor from April 1, 2022 until his retirement.

Cricut also announced that Kimball Shill will succeed Mr. Petersen as Cricut's Chief Financial Officer, effective April 1, 2022. Mr. Shill, 58, is currently the Executive Vice President of Operations at Cricut, where he has worked since May 2019. Previously he served as Cricut's Senior Vice President of Operations and Quality. From June 2015 through December 2018, Mr. Shill was Chief Executive Officer of Color by Amber, a private-equity backed jewelry company. Mr. Shill holds an MBA degree from The Wharton School, a JD degree from the University of Pennsylvania Law School, and a BA degree from Brigham Young University.



There are no arrangements or understandings between Mr. Shill and any other
persons pursuant to which he was appointed as the Chief Financial Officer of the
Company. There are no family relationships between Mr. Shill and any director,
executive officer or any person nominated or chosen by the Company to become a
director or executive officer. No information is required to be disclosed with
respect to Mr. Shill pursuant to Item 404(a) of Regulation S-K. The Company
intends to file an amendment to this Form 8-K following determination of any
material compensation changes in connection with Mr. Shill's service as the
Chief Financial Officer of the Company.
Item 9.01  Financial Statements and Exhibits.
(d)Exhibits

Exhibit Number Exhibit Description

99.1 Press Release issued by Cricut, Inc. dated January 5, 2022

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