Block, Inc.

In accordance with the terms of the Deed, Block’s board of directors (the “Board”) increased the size of the Board from twelve to thirteen directors and appointed Sharon Rothstein, former director of Afterpay, to the Board as a Class III director, effective as of immediately following the closing of the Transaction on January 31, 2022 (Pacific Standard Time) / February 1, 2022 (Australian Eastern Daylight Time). Other than the Deed, there is no arrangement or understanding between Ms. Rothstein and any other persons pursuant to which Ms. Rothstein was selected as a director. Ms. Rothstein, age 64, has served as an Operating Partner at Stripes, LLC (“Stripes”), a growth equity firm, since October 2018. Prior to joining Stripes, Ms.

On May 4, 2021, the Board of Directors (the “Board”) of Square, Inc. (the “Company”) increased the size of the Board from eleven to twelve directors and elected Shawn Carter to the Board as a Class II director, effective May 6, 2021. Mr. Carter is not expected to serve on any individual Board committees at this time. Mr. Carter, age 51, known professionally as JAY-Z, is a musician, songwriter, record executive, producer, 22-time Grammy award-winner and entrepreneur. He has served as the co-founder and majority owner of Roc Nation LLC (“Roc Nation”) and founder of Marcy Media LLC, a full-service agency and entertainment company, since 2008 and co-founder and manager of Marcy Venture Partners, L.P., a venture capital and private equity firm, since March 2019.

On September 30, 2020, Jacqueline Reses notified Square, Inc. (the “Company”), that she will resign from her position as Square Capital Lead of the Company, effective as of October 30, 2020. Ms. Reses has worked at Square for five years and provided significant contributions to the Company.

Square, Inc. (the “Company”) is filing this amendment to its Current Report on Form 8-K filed on June 16, 2020, which reported that the Company’s Board of Directors (the “Board”) had elected Darren Walker as a new director of the Company. At the time of his election, Mr. Walker’s Board committee appointments had not been determined. On July 22, 2020, the Board appointed, effective immediately, Mr. Walker to the Nominating and Corporate Governance Committee and to the Capital Compliance and Governance Committee.

On June 16, 2020, the Board of Directors (the “Board”) of Square, Inc. (the “Company”) increased the size of the Board from ten to eleven directors and elected Darren Walker to the Board as a Class III director, effective immediately. Mr. Walker will serve until the Company’s 2021 annual meeting of stockholders, when he will be a nominee for election to the Board by a vote of the Company’s stockholders. The Board has not yet made a determination regarding committee assignments for Mr. Walker. Mr. Walker, age 60, has served as President of the Ford Foundation, a philanthropic organization, since 2013. From 2010 to 2013, he served as Vice President for Education, Creativity and Free Expression at the Ford Foundation. Prior to the Ford Foundation, Mr.

On April 7, 2020, Naveen Rao informed Square, Inc. (the “Company”) that he would resign as a member of the Board of Directors of the Company (the “Board”) effective immediately. Mr. Rao’s resignation is not a result of any disagreements with the Company on any matter relating to the Company’s operations, policies or practices. In connection with Mr. Rao’s resignation, the Board decreased the size of the Board from eleven to ten directors.

On February 4, 2020, Ruth Simmons informed Square, Inc. (the “Company”) that she would resign as a member of the Board of Directors of the Company (the “Board”) effective immediately. Dr. Simmons’ resignation is in order for her to devote more time to other commitments and is not a result of any disagreements with the Company on any matter relating to the Company’s operations, policies or practices.

On January 27, 2020, Square, Inc. (the “ Company ”) entered into an amended change of control and severance agreement (the “ New Severance Agreement ”) with each of Amrita Ahuja, Alyssa Henry, Jacqueline Reses and Sivan Whiteley (each, an “ Executive ” and collectively, the “ Executives ”). The Compensation Committee (the “ Committee ”) of the Board of Directors of the Company approved the New Severance Agreement after reviewing the Company’s existing change of control and severance agreement (the “ Original Severance Agreement ”) and consulting with its independent compensation consultant regarding competitive market practices.

On October 23, 2019, the Board of Directors (the “Board”) of Square, Inc. (the “Company”) increased the size of the Board from eleven to twelve directors and elected Amy Brooks to the Board as a Class II director and as a member of the Nominating and Corporate Governance Committee, effective immediately. Ms. Brooks, age 45, has served as President, Team Marketing & Business Operations and Chief Innovation Officer at the National Basketball Association (the “NBA”) since November, 2017. Prior to her current position, she has served in various other roles at the NBA since January 2005. There is no arrangement or understanding between Ms. Brooks and any other persons pursuant to which Ms. Brooks was selected as a director. Furthermore, there are no family relationships between Ms.

The Board of Directors of Square, Inc. (the “Company”) has appointed Amrita Ahuja as the Company’s Chief Financial Officer and Treasurer. The appointment is effective as of January 22, 2019, provided, however, that if Ms. Ahuja’s employment start date changes, such effective date shall instead be her start date. Ms. Ahuja will replace Timothy Murphy and Mohit Daswani who have served as Interim Co-Chief Financial Officers and Treasurers. Ms. Ahuja, age 39, has served as the Chief Financial Officer of Blizzard Entertainment, Inc., a leading global developer and publisher of interactive software products and entertainment content with over $2 billion in annualized revenue and a division of Activision Blizzard, Inc., since March 2018.

On November 9, 2018, the Board of Directors of Square, Inc. (the “Company”) appointed Timothy Murphy and Mohit Daswani as Interim Co-Chief Financial Officers and Treasurers effective as of November 16, 2018. Mr. Murphy, age 46, has led our Treasury group since June 2015. From July 2008 to May 2015, Mr. Murphy served in various positions at Getty Images, Inc., an editorial and stock photography agency, including as Vice President, Treasurer. He holds an M.B.A. and B.A. from University of California, Davis. Mr. Daswani, age 44, has served as our Finance & Strategy Lead since June 2017. From June 2013 to May 2017, he served in various positions at PayPal Holdings, Inc., a digital and mobile payments company, including as Senior Director, Finance and Corporate Development. He holds an M.B.A from Harvard Business School and a B.A. from Columbia University.

On October 8, 2018, Sarah Friar, the Chief Financial Officer of Square, Inc. (the “Company”), informed the Company of her intention to resign from her position in order to accept a position as Chief Executive Officer of Nextdoor. Ms. Friar’s decision to resign was not related to any disagreement with the Company on any matter relating to the Company’s accounting, strategy, leadership, operations, policies or practices (financial or otherwise). Ms. Friar will continue in her current position as Chief Financial Officer into December 2018. David Viniar, the Company’s Lead Independent Director and former Chief Financial Officer of Goldman Sachs, will lead the search for a new Chief Financial Officer. A copy of the press release announcing Ms. Friar’s resignation is attached as Exhibit 99.1.

On February 28, 2018, Hillary Smith, the General Counsel and Corporate Secretary of Square, Inc. (the “Company”) notified the Company of her intention to resign from her position as General Counsel and Corporate Secretary of the Company, effective as of March 18, 2018. Ms. Smith will remain an employee to provide transitional services to the Company through September 2018, during which time she will continue to be paid her current salary and to receive Company benefits, including continued vesting of her equity awards in accordance with their terms. The Company’s current Associate General Counsel, Sivan Whiteley, has been appointed to serve as General Counsel, effective upon Ms. Smith’s resignation.

On November 1, 2017, the board of directors (the “Board”) of Square, Inc. (the “Company”) increased the size of the Board to eleven directors and appointed Anna Patterson to the Board as a Class I director and as a member of the Audit and Risk Committee. Ms. Patterson, age 52, has served as Founder and Managing Partner at Gradient Ventures, Google’s artificial intelligence-focused venture fund, since April 2017 and as a Vice President of Engineering at Google since September 2010. Prior to that, from January 2007 to September 2010, Ms. Patterson served as Co-Founder and President at Cuil, and from February 2004 to January 2007, as Director of Engineering at Google. There is no arrangement or understanding between Ms. Patterson and any other persons pursuant to which Ms. Patterson was appointed as a director. Furthermore, there are no family relationships between Ms.

On September 18, 2017, the board of directors (the “Board”) of Square, Inc. (the “Company”) increased the size of the Board to ten directors and appointed Naveen Rao to the Board as a Class III director and as a member of the Compensation Committee. Mr. Rao, age 42, currently serves as Corporate Vice President and General Manager of the Artificial Intelligence Products Group at Intel Corporation, after serving as Vice President and General Manager of Artificial Intelligence Solutions from August 2016 to March 2017. In February 2014, Mr. Rao co-founded Nervana Systems, Inc. and served as Chief Executive Officer until Nervana’s acquisition by Intel in August 2016. There is no arrangement or understanding between Mr. Rao and any other persons pursuant to which Mr. Rao was appointed as a director. Furthermore, there are no family relationships between Mr.

On July 19, 2017, the board of directors (the “Board”) of Square, Inc. (the “Company”) increased the size of the Board to nine directors and appointed Randy Garutti to the Board as a Class III director and as a member of the Nominating and Corporate Governance Committee. Mr. Garutti, age 42, has served as Chief Executive Officer and on the board of directors of Shake Shack since April 2012. Prior to becoming Chief Executive Officer, Mr. Garutti served as Chief Operating Officer of Shake Shack since January 2010. There is no arrangement or understanding between Mr. Garutti and any other persons pursuant to which Mr. Garutti was appointed as a director. Furthermore, there are no family relationships between Mr.

On April 19, 2017, following its review of competitive market data and each individual’s performance and contributions over the prior year, the compensation committee of the board of directors of Square, Inc. (the “Company”) approved an increase in the annual base salary of each of Sarah Friar, the Company’s Chief Financial Officer, and Alyssa Henry, the Company’s Seller Lead, from $250,000 to $350,000, in each case effective as of April 1, 2017.

On January 30, 2017, Francoise Brougher notified Square, Inc. (the “Company”) that she will resign from her position as Business Lead of the Company, effective as of February 3, 2017. Ms. Brougher will remain an employee of the Company in order to provide transitional services to the Company through May 2017, during which time she will continue to be paid her current salary.

Effective as of September 30, 2016, Dana R. Wagner, the General Counsel and Corporate Secretary of Square, Inc. (the “Company”), resigned from his position as General Counsel and Corporate Secretary of the Company. Mr. Wagner will remain an employee of the Company in order to provide transitional services to the Company through November 2016, during which time he will continue to be paid his current salary. Mr. Wagner’s intention to resign and provide such transitional services was previously reported on the Current Report on Form 8-K filed by the Company on August 11, 2016.

On August 29, 2016, Square, Inc. (the “Company”) announced that Ajmere Dale, age 46, will join the Company as Chief Accounting Officer, effective August 29, 2016. Mr. Dale will assume the responsibility as Chief Accounting Officer from Sarah Friar, who will continue her role as the Company’s Chief Financial Officer. Prior to joining the Company, Mr. Dale served as Vice President and Corporate Controller for SolarCity Corporation, where he was responsible for financial accounting and reporting, from February 2009 to July 2016. Mr. Dale is an Associate Chartered Accountant of the Institute of Chartered Accountants in England and Wales and holds a Masters in Engineering in Electrical and Electronic Engineering from Imperial College London. There are no family relationships between Mr. Dale and any director or executive officer of the Company, and there have been no transactions between Mr.

On August 8, 2016, Dana R. Wagner, the General Counsel and Corporate Secretary of Square, Inc. (the “Company”) notified the Company of his intention to resign from his position as General Counsel and Corporate Secretary of the Company prior to the end of the third quarter of 2016. Mr. Wagner has given over five years of dedicated service and provided significant contributions to the Company. In order to ensure a smooth transition, Mr. Wagner may render transitional services as a consultant to the Company after his resignation. The Company’s current Associate General Counsels, Sydney Schaub and Sivan Whiteley, have been appointed to serve as acting Co-General Counsels, effective upon Mr. Wagner’s resignation.

On May 9, 2016, Earvin “Magic” Johnson, Jr. informed Square, Inc. (the “Company”) that he would resign as a member of the board of directors of the Company (the “Board”) effective immediately. Mr. Johnson’s resignation was not a result of any disagreements with the Company on any matter relating to the Company’s operations, policies, or practices. A copy of Mr. Johnson’s resignation letter is attached as Exhibit 17.1 to this Current Report on Form 8-K. On May 12, 2016, the Board appointed Paul Deighton to the Board as a Class I director and nominated Paul Deighton for election as a Class I director at the Company’s 2016 annual meeting of stockholders (the “Annual Meeting”).