18 August 2023 ASX RELEASE Company Announcements Platform Sezzle Inc. Update on NASDAQ Trading Halt Sezzle Inc. (ASX:SZL, NASDAQ: SEZL) (Sezzle or Company) // Purpose-driven digital payment platform, Sezzle, is providing the following update regarding the recent halt in trading of Sezzle common stock on the Nasdaq Stock Market ("Nasdaq"). As previously disclosed, on August 17, 2023, Sezzle common stock was approved for listing and commenced trading on Nasdaq under the ticker symbol “SEZL.” On August 17, 2023, Nasdaq halted trading in the common stock and advised Sezzle that there currently exists inadequate publicly available shares of common stock to make a market and facilitate proper trading of common stock on Nasdaq due to the large number of shares of common stock currently held by investors in the form of Chess Depository Interests (CDIs) for trading on the Australian Securities Exchange (ASX). The CDIs are convertible at the option of the holders into shares of Sezzle common stock on a 1-for-1 basis. Sezzle is working with Nasdaq to resolve the matter as soon as practicable to resume trading.
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