Root, Inc. announced resignation of Elliot Geidt from the Company's board of directors, and its Audit, Risk and Finance Committee on which he had served as a member, effective immediately. Mr. Geidt had served as a member of the Company's and its predecessors' boards since 2018. He is Managing Director of Redpoint Ventures, a venture capital firm and early investor in the Company.

Mr. Geidt's resignation will allow him to focus on other of Redpoint's investments .