Michael Cagney will serve as our Chairman of the Board of Directors . Mr. Cagney has been a member of the Board of Directors of Figure and has served as Figure’s CEO since its inception in March 2018. From 2011 to 2017, Mr. Cagney was CEO and Chairman of the Board of SoFi, a technology and financial services company. From 2006 to 2016, Mr. Cagney served as Managing Partner of Cabezon Investment Group, a hedge fund manager. From 2010 to 2016, Mr. Cagney served as Chairman of ReFlow, a technology and financial services company. Mr. Cagney has a BA, Economics (1993) and a MS, Applied Economics and Finance (1994) from the University of California, Santa Cruz, and a MS, Management (2011) from Stanford University Graduate School of Business.

We believe that Mr. Cagney’s significant experience in financial services and technology, public and private market investment experience, financial acumen and business industry contacts make him uniquely qualified to lead our Board.

Christopher D. Davies will serve as our Chief Executive Officer and a Director . Mr. Davies is currently the Head of Lending for Figure. Previously, he served as Head of Global Mort-gage and CEO of CitiMortgage at Citibank, where he was responsible for mortgage sales and fulfillment across the North America, Capital Markets, International Mortgages and Corp Holdings divisions, a role he left in October 2019. Mr. Davies joined Citi in March 2014 as Head of Mortgage Originations in North America and of Corp Holdings. Prior to joining Citi, Mr. Davies held a number of executive positions at leading financial institutions. From 2012 through 2014, he served as CEO of QBE First, a commercial and personal insurance company. Mr. Davies also served as President of Capital One Home Loans (2009-2012), where he built a stand-alone mortgage servicing operation and managed a $50 billion servicing and as-set portfolio. From 2007 through 2009, Mr. Davies was the CEO and Vice Chairman of LendingTree where he provided strategic direction for all aspects of the country’s leading online lending exchange. Before joining Lending Tree, Mr. Davies had an extensive career at Wachovia (1988-2006), where he served most recently as CEO of Wachovia Mortgage Corp. He has served as an Executive Board member for Clemson University Business School and an OCC expert speaker on mortgage industry best practices for the Office of the Comptroller of the Currency. He holds a B.S. in Financial Management from Clemson University.

We believe that Mr. Davies’ significant public and private market investment and management experience and financial expertise make him well qualified to sit on our board.

Asiff Hirji will serve as our President . Mr. Hirji is the President of Figure, where he runs the company and is focused on scaling the core lending and banking businesses, expanding internationally and launching new products. Mr. Hirji was formerly President & Chief Operating Officer of Coinbase, the world’s leading crypto currency company. Prior to Coinbase, he was an investor and advisor in the private equity and venture capital spaces, including as an operating partner at Andreessen Horowitz focusing on scaling portfolio companies, and as a Senior Advisor with Bain Capital and Advent International, helping to drive their technology investment efforts. From 2014 to 2016, Mr. Hirji was Chief Restructuring Officer of HP reporting to CEO Meg Whitman, where he led a global $14 billion, 90,000 employee business serving most of the Fortune 500 companies. From 2007 to 2013, Mr. Hirji was a Partner with TPG Capital, where he helped lead investing efforts in Financial Services, Technology, Media and E-commerce. From 2003 to 2007, Mr. Hirji was an executive officer of TD Ameritrade, where he served successively as CIO, COO, and then President, helping to build the company into the world’s largest online broker. Prior to TD Ameritrade, Mr. Hirji was a Partner at Bain & Co. and a leader of their IT and Financial Services practices. Before Bain, Mr. Hirji was President and Chief Technology Officer for Netfolio, an online investment advisor start-up. He was also a founding member and Partner of the Mitchell Madison Group, a global strategic consultancy that specializes in Financial Services and Technology. Mr. Hirji also serves on the boards of Nubank and Forge, is a former public board member of Advent Software and Citrix Systems Inc., and served on the boards of Saxo Bank, TES Global, RentPath, and Eze Software. Mr. Hirji has also taught a highly rated MBA course on Private Equity at the University of Berkeley’s, Haas School of Business, where he now guest lectures. Mr. Hirji began his career at IBM Labs as a software engineer. Mr. Hirji received an MBA with honors from the University of Western Ontario, and his bachelor’s degree in Computer Science from the University of Calgary.

Thomas J. Milani will serve as our Chief Financial Officer . He is currently the Chief Financial Officer of Figure, and has been with the company since its inception in January 2018. At Figure, Mr. Milani heads up finance, accounting, capital markets and treasury management. Previously, Mr. Milani was employed by SoFi from 2016 to 2018 where he headed up the New Products Group. He also led the acquisition of ZenBanx, Inc., which facilitated SoFi’s entry into the digital banking space. Prior to SoFi, Mr. Milani was an investment professional at Apollo Global Management from 2015 to 2016. At Apollo, Mr. Milani focused on corporate strategy as well as investing in assets and companies in the lending, specialty finance and financial technology space. Prior to Apollo, Mr. Milani was an investment banker at Sandler O’Neill and BMO Capital Markets covering the financial institutions space. In these roles, Mr. Milani advised on mergers & acquisitions and raised equity and debt capital for companies including specialty lenders, financial technology companies, exchanges, depositories, insurance companies and asset managers. Mr. Milani graduated from Villanova University in 2011 with a Bachelors in Business Administration with concentrations in Finance and Real Estate.

David Chao will be appointed a director upon the effective date of the registration statement of which this prospectus forms a part. Mr. Chao has served and currently serves as Co-founder and General Partner at DCM, a venture capital firm since 1996. Mr. Chao also serves as Chairman of the Board of Directors of 51job, Inc. (NASDAQ: JOBS), a human resource solutions provider, and currently serves on the boards of directors of several privately held companies, including Figure Technologies, Inc. From September 2016 to December 2020, Mr. Chao served as a director on the board of Bill.com (NYSE: BILL). Mr. Chao holds a B.A. in Economics and East Asian Studies from Brown University and an M.B.A. from the Stanford University Graduate School of Business.

We believe Mr. Chao’s significant public and private market investment experience and financial expertise make him well qualified to sit on our board.

David J. Miller will be appointed a director upon the effective date of the registration statement of which this prospectus forms a part. Mr. Miller is a retired senior executive and currently serves on five company boards, where he holds various positions, including Chairman of J.G. Wentworth, Chair of the Compensation Nomination and Governance Committee of Lombard International Assurance and Stonemor Inc., Chairman of the Compensation Committee of Ellington Residential Mortgage and is a Board Member of Prima Insurance. Mr. Miller served as a Senior Advisor to the Blackstone Tactical Opportunities Fund from 2015 until 2018. Prior to Blackstone, Mr. Miller served as CEO and Chairman of JGWPT Holdings, LLC (the holding company for J.G. Wentworth, LLC and Peachtree). Prior to joining J.G. Wentworth. Mr. Miller operated his own insurance consulting business. Prior to that, he was Executive Vice-President responsible for Ace Group's International Accident and Health Insurance Business. Prior to Ace Group, Mr. Miller was President and CEO of Kemper Auto and Home Insurance (KAH), a joint venture between Mr. Miller and Kemper, which sold auto and homeowner's insurance via direct response and the Internet. Starting as the only employee, in three years Mr. Miller built KAH into one of the largest sellers of auto insurance on the internet at that time. Mr. Miller sold his interest in KAH late in 2000. Prior to Kemper, Mr. Miller was Chief Operating Officer of Providian Direct Insurance. Mr. Miller began his insurance career with Progressive Insurance where he held various positions over his seven-year career, including Division Controller, Senior Product Manager and National Customer Manager. Mr. Miller has a BSEE in electrical engineering from Duke University and an MBA in Finance from The Wharton School of the University of Pennsylvania. Mr. Miller was previously a member of the NYSE.

We believe Mr. Miller’s significant public and private market investment experience and financial expertise make him well qualified to sit on our board.

Annette L. Nazareth will be appointed a director upon the effective date of the registration statement of which this prospectus forms a part. She is currently a Senior Counsel at the law firm of Davis Polk & Wardwell LLP. From September 2008 to December 2020, Ms. Nazareth was a partner of Davis Polk and headed the firm’s Trading and Markets practice. From 1998 to 2008, Ms. Nazareth served at the U.S. Securities and Exchange Commission. She was a Commissioner of the SEC from 2005 to 2008. Prior to 2005 she served as the Director of the Division of Market Regulation (now the Division of Trading and Markets), as interim Director of the Division of Investment Management, and as Senior Counsel to Chairman Arthur Leavitt. Prior to joining the SEC, Ms. Nazareth served in senior positions at several investment banks, including as a Managing Director of Salomon Smith Barney from 1997-1998, as a Senior Vice President of Lehman Brothers from 1994-1997, and as a Managing Director of Mabon Securities and its predecessor entity, Mabon Nugent & Co., from 1986 to 1994. She began her career at Davis Polk upon graduation from law school. Ms. Nazareth serves on several not-for-profit boards, including: Urban Institute (Chair, Real Estate Committee); Watson Institute of Brown University; Protestant Episcopal Cathedral Foundation; St. Albans School of Public Service; Board of Visitors of Columbia Law School, Advisory Board of the Brown University Executive Master in Cybersecurity program; and the SEC Historical Society (President). She is also a member of the American Law Institute and serves on the Advisory Board of Bitfury. Ms. Nazareth previously served on the boards of Brown University (Chair, Audit Committee); National Cathedral School (Chair, Audit Committee); and Bishop John T. Walker School for Boys. Ms. Nazareth graduated from Columbia University School of Law in 1981, where she was a Harlan Fiske Stone Scholar, and Brown University in 1978, where she graduated magna cum laude and Phi Beta Kappa.

We believe Ms. Nazareth’s significant public and private legal, regulatory and business experience makes her well qualified to sit on our board.