Silvergate Capital Corporation appointed Michael Lempres as chairman of the board and Aanchal Gupta to the boards of directors for the Company and its subsidiary, Silvergate Bank. Mr. Lempres succeeds Dennis Frank, who has served as Silvergate’s chairman since leading the Company’s recapitalization in November 1996. Mr. Lempres, whose prior positions include executive in residence at venture capital firm Andreessen Horowitz, chief legal and risk officer of Coinbase Inc., and senior attorney at Silicon Valley Bank, has served on the Company’s boards since September 2019. Ms. Gupta has more than two decades of experience assessing and managing security risks at companies including Microsoft, Facebook and Yahoo. Currently, she is the vice president of Azure, Microsoft’s cloud computing platform, where she is responsible for security incident response and evolving cloud security products.