On June 2, 2023, Bradley Seaman notified CPI Card Group Inc. of his intent to resign and step down from the Board of Directors and as its chairman, effective as of June 15, 2023. Mr. Seaman has been the Chair of the Board and member of the Board since 2007. Mr. Seaman's decision to resign was not due to any disagreements with the Company on any matter relating to the Company's operations, policies or
practices.