nCino Appoints New Board Member

Core Viewpoint - nCino, Inc. has appointed Justin Nyweide to its Board of Directors, enhancing its governance and strategic direction in the financial services sector [1][3]. Company Overview - nCino is a leading provider of intelligent banking solutions, focusing on helping financial institutions digitize and improve business processes to enhance efficiency and customer experience [4]. - The company serves over 1,800 customers globally, including community banks, credit unions, independent mortgage banks, and major financial entities [4]. Appointment Details - Justin Nyweide brings over 20 years of experience in investing and partnering with growth companies in technology, software, internet, and financial services [2]. - He is the Founding Partner and Chief Investment Officer of HMI Capital, which is a significant shareholder of nCino and has a long-standing relationship with the company [2]. - Nyweide will serve on the Board's Audit Committee, and his expertise is expected to enhance the Board's capabilities in advancing nCino's growth objectives [3]. Cooperation Agreement - nCino has entered into a Cooperation Agreement with HMI Capital, which includes customary standstill, voting, and other provisions [3]. - This agreement will be disclosed in nCino's Current Report on Form 8-K, to be filed with the U.S. Securities and Exchange Commission [3]. Strategic Goals - Nyweide expressed enthusiasm about partnering with the Board and management to drive durable and profitable growth for nCino [3].