On April 1, 2024, Bradley Radoff and Josh Schechter announced that they have issued an open letter to board of directors of Oportun Financial Corporation, stating that the Board needs to take immediate action to replace the Company?s existing CEO Raul Vazquez with a proven industry operator, refresh the Board to include directors that have an owner mindset, commit to evaluating the Company?s existing strategy with particular emphasis on cost structure, commit to the use of GAAP financial measures. In addition, Bradley Radoff and Josh Schechter stated that if the right changes are made, they would be prepared to significantly increase their investment and inject additional capital into the business if necessary and mentioned that they look forward to seeing the Board act with the necessary sense of urgency to protect and enhance shareholder value while also providing a stable and thriving platform for borrowers.