Dave Inc. announced the appointment of Yadin Rozov, a financial expert with deep experience in managing financial services firms and operating public companies, to its Board of Directors, effective July 6, 2023. Mr. Rozov has previously served as a board member for banking, insurance, chemicals, and pharmaceutical companies. With over 20 years of experience in capital markets, corporate finance, investment banking, and investment management, Mr. Rozov's guidance will support the Company in navigating the public financial markets and investor relations.

Mr. Rozov was appointed after a deliberate search process conducted by Dave to add capital markets expertise and investor relations experience to the Company's Board of Directors. Separately, Tesa Aragones will be departing Dave's Board of Directors, effective August 1, 2023. On July 6, 2023, Teresa Aragones, a director of the Company, informed the Board of her resignation from the Board and Nominating and Corporate Governance Committee, to be effective as of August 1, 2023.

Ms. Aragones’ decision to resign was not related to any disagreement with the Company on any matter relating to its operations, policies or practices. Following these changes, Dave's Board of Directors will now be composed of Mike Pope, Andrea Mitchell, Dan Preston, Brendan Carroll, Yadin Rozov, and Jason Wilk. Mr. Rozov is also the founder and Managing Partner of Terrace Edge Ventures LLC, and previously a Partner of GoldenTree Asset Management LLC, a leading global credit asset management firm.

Additionally, he was a Partner and Managing Director at Moelis & Company, where he headed the Financial Institution Advisory Group. Mr. Rozov earned an M.Sc. in data science from Columbia University and a B.S. degree with higher honors in physics and materials engineering from Rutgers University.