Live Oak Bancshares CIO Renato Derraik to Resign by November

Renato Derraik has resigned as Chief Information and Digital Officer of Live Oak Banking Company, with his final day of employment set for November 6, 2026. Live Oak Bancshares, Inc. disclosed the departure in a Form 8-K filed with the U.S. Securities and Exchange Commission on October 20, 2026.

The filing states that Derraik provided notice of his resignation on October 14, 2026, to pursue other endeavors. The document identifies the company as a North Carolina corporation with principal executive offices in Wilmington. Live Oak Bancshares is incorporated under the name Live Oak Bancshares, Inc., and the bank operates as Live Oak Banking Company.

The 8-K report was signed by Gregory W. Seward, General Counsel, on behalf of the registrant. The company’s voting common stock trades on the New York Stock Exchange under the symbol LOB. Additionally, depositary shares representing an interest in 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock trade on the exchange under the symbol LOB/PA. The filing does not indicate that Live Oak Bancshares is an emerging growth company.

The report is submitted pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. The earliest event reported is dated October 14, 2026. No other items regarding director elections or compensatory arrangements were detailed in the specific item provided.