Company: GDOT
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001386278-25-000020
Chunk: 42

Company: GREEN DOT CORP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 42
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<div align='center'>APPROVAL OF THE AMENDMENT AND RESTATEMENT OF THE 2010 EQUITY INCENTIVE PLAN</div>

We are asking you and the other stockholders to approve the amendment and restatement of our 2010 Equity Incentive Plan (the “2010 Plan,” and as amended, the “Amended 2010 Plan”), in order to, among other things, increase the number of shares of our Class A common stock authorized for issuance pursuant to the 2010 Plan by 2,400,000 shares. We consider the 2010 Plan to be a vital element of our employee compensation program and believe that the continued ability to grant stock awards at competitive levels is in the best interest of Green Dot and its stockholders. Accordingly, you are being requested to approve the Amended 2010 Plan.

#### Reasons to Approve the Amended 2010 Plan
Approval of the Amended 2010 Plan will increase the number of shares of our Class A common stock authorized for issuance pursuant to the 2010 Plan by 2,400,000 shares (the “Share Increase”). As of March 31, 2025, a total of 2,161,891 shares of our Class A common stock remained available for future grants under the 2010 Plan. We believe that the current share reserve amount is insufficient to meet our future needs with respect to attracting, motivating and retaining key executives and employees in a competitive market for talent. We believe that, if stockholders approve the Amended 2010 Plan, the additional shares reserved under the Amended 2010 Plan will be sufficient to enable us to grant stock awards under the 2010 Plan for approximately the next year, based on historical grant and forfeiture levels, the recent market prices of our Class A common stock, and the anticipated use of stock awards as an incentive and retention tool.

Except as otherwise noted, the table below shows the stock awards that were outstanding as of March 31, 2025. As of March 31, 2025, the closing price of our Class A common stock as reported on the NYSE was $8.44 per share.

| Shares underlying outstanding time-based full value awards(1)        |     | 4,078,191 |
| Shares underlying outstanding performance-based full value awards(2) |     | 1,039,019 |
| Shares available for issuance pursuant to future grant               |     | 2,161,891 |

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