Sezzle Inc.

As a smaller reporting company, we are not required to provide the information required by this Item. However, there have been no material changes to the risk factors described in Part I, Item 1A, Risk Factors of our Annual Report on Form 10-K for the year ended December 31, 2024, except as follows:

If we lose our certification as a B Corporation or our publicly reported B Corporation score declines, our reputation could be harmed and our business could be adversely affected.

Certified B Corporation status is a certification by a third party, B Lab, which requires us to consider the impact of our decisions on our workers, customers, supplier, community and the environment. We must satisfy re-certification requirements when applying for B Certification renewal every three years. On August 7, 2025, we elected to forego recertification as a B Corporation and terminate our agreement with B Lab. Any changes in our status could create the perception that we are more focused on financial performance and no longer committed to the values shared by certified B Corporations. Further, now that we are no longer seeking recertification, we will not have an updated assessment score on our website. Our reputation could be harmed if we no longer publicly report a B Corporation score or there is a perception that we are no longer committed to the certified B Corporation standards. Similarly, our reputation could be harmed if we take actions that are perceived to be misaligned with B Lab’s values.

Investors are encouraged to review such risk factors, as they have the potential to affect our business, financial condition, results of operations, cash flow, strategies or prospects in a material and adverse manner.