On April 19, 2023, Robert Greifeld resigned as Chairman and member of the Board of Directors of Virtu Financial, Inc., and from the Board's Nominating and Corporate Governance Committee, Compensation Committee and Strategy Committee, effective immediately. Mr. Greifeld is resigning in order to pursue other opportunities in investment management, financial technology and philanthropy. Mr. Greifeld's departure is not due to any disagreement with the Board or the Company's management or any matter relating to the Company's operations, policies or practices.

Following Mr. Greifeld's resignation, the Board appointed current director Mr. Michael T. Viola to serve as Chairman, and the Board now consists of ten directors. The Board may seek to add one or more new directors as business needs and opportunities arise. Michael T. Viola has served on Virtu's Board of Directors since 2016 and as chair of its Nominating and Corporate Governance Committee since 2019.

Mr. Greifeld joined Virtu's Board of Directors in July 2017 as Chairman, concurrent with Virtu closing its acquisition of KCG Holdings, Inc. Michael Viola became a member of Virtu's Board of Directors in April 2016. He previously served Virtu in a variety of roles since 2011, most recently as a senior trader focused on foreign exchange products and global commodities. Since 2016, Mr. Viola has also served as the President of the Viola family's private investment office, located in New York City.

In addition, Mr. Viola is a member of the Board of Directors of Independent Bank Group, Inc., multiple private companies, and the Viola Foundation.