Company: LDWY
Filing Date: 2025-10-06
Form Type: DEF 14A
Source: 0001104659-25-097035
Chunk: 14

Company: LENDWAY, INC.
Filing Date: 2025-10-06
Form: DEF 14A
Chunk 14
---
 |              ​ |
| Director & Nominee  |   | Age | ​ | Position                                                       |   | Director Since |
| Mark R. Jundt       | ​ |  45 | ​ | Director, Chairman of the Board and Co-Chief Executive Officer | ​ |           2022 |
| Mary H. Herfurth    | ​ |  63 | ​ | Director                                                       | ​ |           2023 |
| Chad B. Johnson     | ​ |  54 | ​ | Director                                                       | ​ |           2020 |
| Matthew R. Kelly    | ​ |  49 | ​ | Director                                                       | ​ |           2023 |
| Daniel C. Philp     | ​ |  41 | ​ | Director and Co-Chief Executive Officer                        | ​ |           2022 |
| Nicholas J. Swenson | ​ |  56 | ​ | Director                                                       | ​ |       2021 (a) |

(a)Mr. Swenson also served as a director of the Company from November 2014 to March 2016.

9

**Mark R. Jundthas served as Co-Chief Executive Officer since June 2024 and chairman of the Board since 2023. He also serves as General Counsel & Corporate Secretary of Air T, Inc. (Nasdaq: AIRT) since 2018. In this role, Mr. Jundt provides strategy, risk management, governance and legal oversight. Prior to that role, Mr. Jundt oversaw the Global Litigation function at CHS Inc., a Fortune 100 grain and energy company. Mr. Jundt has extensive experience in corporate governance, mergers and acquisitions, and litigation. He holds a Bachelor of Business Administration from North Dakota State University and a law degree from Hamline University. Mr. Jundt’s experience as the chief legal officer at a public company provides important insight for our board of directors.

Mary H. Herfurth is the owner of Bank Advantage Consulting, LLC, a position she has held since 2008. She serves on the boards of directors for Grove Bank; Park State Bank; and Park Financial Group, Inc., a holding company for Park State Bank. From 2008 to 2015 she also served as a principal and franchisee of Interface Financial Group. Previously she served as a trading analyst and then product manager at GMAC-RESCAP, credit risk manager at Fingerhut and as a national bank examiner in