News: SZL Sezzle Inc Says Expanding Fee Forgiveness And Payment Flexibility Programs

March 16 (Reuters) - Sezzle Inc (SZL) :

• EXPANDING FEE FORGIVENESS AND PAYMENT FLEXIBILITY PROGRAMS.
• IMPACT OF COVID-19 PANDEMIC IS SIGNIFICANT
• TO GIVE EVERY SEZZLE SHOPPER ABILITY TO UTILIZE 2 FREE RESCHEDULES OF PAYMENTS ON THEIR ORDERS
• ALSO SUSPENDED ALL BUSINESS TRAVEL & PROMOTED PRINCIPLE OF SOCIAL DISTANCING TO TEAM
• BUSINESS OPERATIONS HAVE CONTINUED THROUGH SPREAD OF COVID-19 WITH RELATIVELY NO IMPACT
• BUSINESS OPERATIONS HAVE CONTINUED THROUGH SPREAD OF DISEASE WITH RELATIVELY NO IMPACT
• DO NOT EXPECT TO EXPERIENCE ANY NEGATIVE IMPACTS TO DAILY BUSINESS OPERATIONS DUE TO THESE ADJUSTMENTS
• $100M CREDIT FACILITY AVAILABLE TO SUPPORT BUSINESS OPERATIONS; FACILITY ONLY 20% DRAWN