On September 4, 2015, Daniel T. Poston resigned from Vantiv, Inc.'s board of directors. Mr. Poston was one of the two Class B Directors of the Company. On September 4, 2015, Lars C. Anderson, Executive Vice President and Chief Operating Officer of Fifth Third Bancorp was elected to the Company's board of directors.

Mr. Anderson was elected to fill the Class B vacancy resulting from Mr. Poston's resignation by the Company's remaining Class B director pursuant to the Company's Amended and Restated Certificate of Incorporation. Mr. Anderson will hold office for the remainder of Mr. Poston's term, which expires at the Company's 2017 annual meeting of stockholders.