In accordance with the terms of the Merger Agreement, at the Effective Time, each of the seven directors of the Vericity, Inc. prior to consummation of the Merger (Eric Rahe, Richard A. Hemmings, James E. Hohmann, Neil Ashe, Calvin Dong, Scott Perry and Laura R. Zimmerman) ceased to be directors of the Vericity, Inc. In accordance with the terms of the Merger Agreement, the directors of Long Grove Acquisition Corp. a subsidiary of IA American Holdings Inc., in office immediately prior to consummation of the Merger (Denis Ricard, Michael L. Stickney, Joe W. Dunlap, Sean O'Brien and James E. Hohmann) became the directors of the Vericity, Inc. at the Effective Time and will be the directors of the Company until the earlier of their death, resignation or removal or until their respective successors are duly elected and qualified, as the case may be.