On January 27, 2022, the Board of Directors of OneMain Holdings, Inc. elected Toos N. Daruvala to serve as an independent director on the Board, effective February 14, 2022. Mr. Daruvala was elected a Class II director of the Board and will serve until the Company's 2024 annual meeting of shareholders and until his successor is duly elected and qualified or until his earlier death, resignation or removal. The Board appointed Mr. Daruvala as a member of the Compliance and Risk Committees,
effective on the Appointment Date.