On October 12, 2023, Lyft, Inc. announced that each of Mary Agnes (Maggie) Wilderotter and Valerie Jarrett informed the Company of their respective resignations from the Company?s board of directors, effective immediately. Each of Ms. Wilderotter?s and Ms. Jarrett?s decision to resign from the Board was due to their other professional responsibilities, and neither Ms. Wilderotter nor Ms. Jarrett resigned from the Board due to any disagreement with the Company on any matter related to the Company?s operations, policies or practices. In connection with the departures, the Board appointed Prashant (Sean)Aggarwal as Chair of the Nominating and Corporate Governance Committee of the Board and appointed Janey Whiteside as a member of the Nominating Committee.

The Board has also decreased the number of authorized directors from ten to eight.