On May 1, 2024, Hilltop Holdings Inc., or the Company, entered into a Transition and Release Agreement, or the Transition Agreement, with Jerry L. Schaffner, Executive in connection with his retirement on May 1, 2024, or the Retirement Date. Pursuant to the Transition Agreement, Mr. Schaffner resigned from all positions with the Company and its subsidiaries, other than as a director of PlainsCapital Bank. Resignation: Effective as of the Transition Date and by reason of Executive?s separation of employment with the Company, Executive resigns as an officer and member of the board of directors of the Company?s subsidiaries and affiliates (other than as a member of the Board of Directors of the Bank) and from any such positions held with any other entities at the direction of, or as a result of Executive?s affiliation with, the Company or any of its subsidiaries or affiliates.