Company: IBTA
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001628280-25-017508
Chunk: 17

Company: Ibotta, Inc.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 17
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 advisable and in the best interests of shareholders to have a lead independent director to, among other things, preside over meetings of the independent directors and report to our Chief Executive Officer regarding feedback from executive sessions. Our lead independent director presides over meetings of our independent directors, serves as a liaison between Mr. Leach a nd our independent directors, and performs such additional duties as our Board of Directors may otherwise determine and delegate. Ms. Sheppard served as our lead independent director until March 14, 2025, when she was appointed as our Interim Chief Financial Officer. Mr. Doshi currently serves as our lead independent director. Our Board of Directors believes that Mr. Doshi’s extensive management experience and background in investments and finance, including as Managing Partner and Portfolio Manager at Harbor Spring Capital, LLC and as a Managing Director at Tiger Global Management, LLC, positions him to provide valuable management and financial expertise that helps ensure strong and independent oversight and effective collaboration among our directors.

Our independent directors meet regularly in executive sessions without employee directors or management present following our regularly scheduled meetings and as needed in between scheduled meetings. These executive sessions are generally chaired by our lead independent director and include discussions and recommendations regarding guidance to be provided to our Chief Executive Officer and such topics as the independent directors may determine.

As a result of the Board of Directors committee structure and the existence of a majority of independent directors, the Board of Directors believes it maintains effective oversight of our business operations, including independent oversight of our management, management’s performance, financial statements, executive compensation, selection of director candidates, human capital and organizational health, and environmental, social, and governance matters and programs. We believe that the leadership structure of our Board of Directors, including Mr. Doshi’s role as lead independent director, is appropriate and enhances our Board of Directors’ ability to effectively carry out its roles and responsibilities on behalf of our shareholders as well as the accountability of management, while Mr. Leach’s combined role enables strong leadership, creates clear accountability, and enhances our ability to communicate our message and strategy clearly and consistently to shareholders.

#### Ibotta, Inc.132025 Proxy Statement

#### Role of Board in Risk Oversight Process
Our Board of Directors has an active role, as a whole and also at the committee level, in overseeing the management of our risks. Our Board of Directors is responsible for general oversight of risks and regular review of information regarding our risks including strategic risks, cybersecurity risks, legal and compliance risks, credit risks, liquidity risks, and operational risks. Consistent with this