Effective June 2, 2021, the board of directors of Independence Holdings Corp. approved an increase in the size of the Board from four directors to five directors and elected Ahmedulla Khan Khaishgi as a member of the Board’s second class of directors. The Board appointed Mr. Khaishgi as a member of the audit committee and as a member of the compensation committee. Mr. Khaishgi has over 25 years of experience in financial technology leadership, corporate strategy and transactions.