On March 1, 2024, Dr. Shantanu Agrawal accepted the appointment to serve as a member of the Board of Directors of Performant Financial Corporation. Dr. Agrawal was unanimously approved by the Board to fill the vacancy created by the increase to the size of the Board from six (6) to seven (7) directors. While the Board may consider appointing Dr. Agrawal to one or more committees of the Board, no such appointments have been made at this time.

Dr. Agrawal will serve as a Class I director with a term expiring at the Company's 2025 Annual Meeting of Stockholders, or until his successor is duly elected and qualified. Dr. Agrawal currently serves as Chief Health Officer at Elevance Health Inc. (formerly Anthem Inc.), where he oversees the enterprise whole health strategy, including medical policy and clinical quality, as well as addressing health-related social needs and health equity. Dr. Agrawal also leads Elevance Health's community health strategy and the Elevance Health Foundation.

Prior to joining Elevance Health, Dr. Agrawal served as President and Chief Executive Officer of the National Quality Forum. Prior to joining NQF, Dr. Agrawal served as Deputy Administrator for Program Integrity at the Centers for Medicare & Medicaid Services (CMS") and Director of the Center for Program Integrity. In this role, he led all CMS payment accuracy and integrity initiatives with a focus on utilization management, payment and coverage policies, innovative payment models, and anti-fraud activities.

He also led an effort to improve the physician experience with Medicare and was an architect of CMS's strategy to address the national opioid epidemic. Dr. Agrawal received a bachelor's degree in Chemistry from Brown University, a Medical degree from Weill Medical College of Cornell University, and clinical training in Emergency Medicine at the Hospital of the University of Pennsylvania. Dr. Agrawal also earned his Master's degree in social and political sciences from Cambridge University.

Dr. Agrawal's clinical and business expertise provides valuable insight for the members of the Board.