Lemonade Names Deb Schwartz and Dr. Samer Haj-Yehia to its Board of Directors - Seite 2

The two new Board members replace departing Directors Irina Novoselsky and Silvija Martincevic, both of whom have recently undertaken CEO roles in other companies. During their three years on Lemonade’s Board, both Irina and Silvija contributed their exceptional insight and depth of experience, and their service to the Company is greatly appreciated. Earlier this year, Irina was named CEO of Vancouver-based Hootsuite, a leading social media management tool provider, while Silvija was recently named CEO of Sydney-based Deputy, a leading provider of workforce management technology.

"Deb and Samer bring exceptional knowledge and expertise to the Board and company—Deb being a true leader and trailblazer in business, healthcare, and the ever-evolving media landscape; and Samer, an incredibly esteemed economist who has broken barriers throughout his career," said Daniel Schreiber, Lemonade co-Founder and co-CEO. "Their values and breadth of experience will help Lemonade continue to grow and innovate. We’re also hugely grateful to Irina and Silvija for their years of service to our Board and Company, especially during a period of transformative growth."

Along with Deb and Samer, Lemonade’s current Board is composed of Lemonade co-Founders Daniel Schreiber and Shai Wininger, as well as Michael Eisenberg (Partner, Aleph) and Shu Nyatta (Founder/Managing Partner, Bicycle Capital).

About Lemonade

Lemonade offers renters, homeowners, car, pet, and life insurance. Powered by artificial intelligence and social impact, Lemonade’s full stack insurance carriers in the US and the EU replace brokers and bureaucracy with bots and machine learning, aiming for zero paperwork and instant everything. A Certified B-Corp, Lemonade gives unused premiums to nonprofits selected by its community, during its annual Giveback. Lemonade is currently available in the United States, Germany, the Netherlands, France, and the UK, and continues to expand globally.

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Cautionary Note Regarding Forward-Looking Statements

This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this Press Release including without limitation statements regarding our path to profitability and the anticipated impact of the new members of our Board of Directors on the Company are forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.