SEZL Sezzle Inc.

“This material weakness resulted in the restatement of our Consolidated Statement of Cash Flows for the year ended December 31, 2024, as well as a material misclassification of the Consolidated Statements of Cash Flows for the three months ended March 31, 2025 and 2024”

“Management previously identified a material weakness in internal control over financial reporting as we did not design and maintain effective controls to evaluate the appropriate classification of the cash flows related to our notes receivable.”

“Based upon that evaluation, our Principal Executive Officer and Principal Financial Officer concluded that our disclosure controls and procedures were not effective at a reasonable assurance level, due to the material weakness described in Management s Annual Report on Internal Control over Financial Reporting as disclosed in the Company s 2025 Form 10-K.”

“The following table summarizes our cash flows: For the nine months ended September 30, (As restated) (in thousands) 2026 2025 Net Cash Provided from Operating Activities $ 227,930 $ 139,274”

“We have restated our consolidated statements of cash flows for the nine months ended September 30, 2025. Such restatement was previously reported in our Annual Report on Form 10-K for the year ended December 31, 2025.”

“Consolidated Statements of Cash Flows (unaudited) For the nine months ended September 30, (As restated) (in thousands) 2026 2025 Operating Activities: Net income $ 139,893 $ 90,439”