Company: GDOT
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001386278-25-000020
Chunk: 15

Company: GREEN DOT CORP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 15
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 on “Governance” and then selecting “Corporate Governance Guidelines” underneath “Governance Documents.” Our Nominating and Corporate Governance Committee reviews the Corporate Governance Guidelines at least annually and recommends changes to our Board, as warranted.

#### Board Leadership Structure
Our Board retains the flexibility to determine on a case-by-case basis whether the Chief Executive Officer or an independent director should serve as Chairperson of the Board. This flexibility permits our Board to organize its functions and conduct its business in a manner it deems most effective under then-prevailing circumstances.

During those periods in which the positions of Chairperson and Chief Executive Officer are combined, the independent directors appoint an independent director as a Lead Independent Director, and we separate the responsibilities of the Chairperson and the Lead Independent Director as follows:

| Lead Independent Director                                                                                                                                                  |     | Chairperson                                                                           |
| •Presides over executive sessions of independent directors                                                                                                                 |     | •Schedules and sets the agenda for meetings of the Board                              |
| •Serves as a liaison between the Chairman and the independent directors                                                                                                    |     | •Chairs meetings of the full Board                                                    |
| •Available, for consultation and direct communication with stockholders and performs such other functions and responsibilities as requested by the Board from time to time |     | •Contributes to Board governance and Board processes                                  |
| •Encourages direct dialogue between all directors (particularly those with dissenting views) and management                                                                |     | •Communicates with all directors on key issues and concerns outside of Board meetings |
|                                                                                                                                                                            |     | •Presides over meetings of stockholders                                               |

Currently, our Board of Directors believes that we and our stockholders currently are best served by having William I Jacobs serve as our interim Chief Executive Officer as well as Chairperson of the Board through the CEO transition process. The Board believes that having an independent director serve as the Lead Independent Director is the appropriate leadership structure for our company at this time because it allows our interim Chief Executive Officer to focus on executing our company’s strategic plan and managing our company’s operations and performance as the company explores its strategic alternatives. During the CEO transition process, our Board of Directors has appointed George T. Shaheen to serve as lead independent director.

#### Our Board of Directors' Role in Risk Oversight
Management continually monitors the material risks we face, including financial risk, strategic risk, enterprise and operational risk (including cybersecurity) and legal and compliance risk. The Board is responsible for exercising oversight of management’s identification and management of, and planning for, those risks