This communication is to remind you of your rights with respect to your outstanding shares and equity awards in SelectQuote, Inc. (the “Company”) following your departure from the Company.

During your time at the Company, you may have been granted equity awards under one or both of the Company’s equity compensation plans, the 2003 Stock Incentive Plan and the 2020 Omnibus Stock Incentive Plan. The text of these plans, in addition to your individual award agreements, is available through your Shareworks account, which will remain accessible after the last day of your employment with the Company (the “Termination Date”). This communication is not intended to provide a comprehensive analysis of the Company’s equity compensation plans or your equity awards granted thereunder and is qualified in its entirety by the terms of the plans and your individual equity award agreements. Further, this communication does NOT constitute legal advice and should not be construed as such, nor should it be considered a substitute for the advice of your personal financial or tax professionals

Under the Company’s equity compensation plans and any individual stock option agreements to which you are party, all vested but unexercised stock options, whether incentive stock options (ISOs) or non-statutory stock options (NSOs), must be exercised within 90 days following your Termination Date. Any outstanding options you do not exercise during this period will be forfeited, and you will have no further rights with respect to the options or their underlying shares.

All stock options and restricted stock units (RSUs), including price-vested units (PVUs), that were awarded to you but have not vested as of the Termination Date will be automatically forfeited on the Termination Date. Your termination does not affect your ownership of any SelectQuote shares acquired prior to the Termination Date through 1) the exercise of previously-vested stock options; 2) the vesting of previously-awarded RSUs; 3) participation in the Company’s Employee Stock Purchase Plan (the “ESPP”); or 4) purchases of SelectQuote shares made in the open market.

Any SelectQuote shares held in your Shareworks account may be sold through Shareworks’ online broker platform at your discretion; however, please note that, due to certain tax reporting obligations, all SelectQuote shares held in Shareworks as of the Termination Date that were not acquired through the ESPP[1] must remain in Shareworks for a period of 15 months following the Termination Date. Upon the expiration of this period, you may transfer your SelectQuote shares to a personal brokerage account or continue to hold them through your Shareworks account, which will remain active without any further action by you.

We strongly encourage you to log in to your Shareworks account and review any SelectQuote shares and outstanding equity awards you may have. Your Shareworks account will contain specific information about each of your equity awards, including each individual award agreement between you and the Company. We also encourage you to review information in Shareworks regarding the potential tax implications associated with the sale, exercise, or vesting of your SelectQuote shares and equity awards, as applicable, following your departure from the Company and discuss any questions or concerns with your personal tax professionals. All tax-related decisions must be made exclusively by you and your tax professionals, and the Company cannot and will not make or assist you in making any such decisions.

If you are having any issues accessing the relevant documentation or have any questions regarding your SelectQuote shares or equity awards, please reach out to Matt Joseph, Senior Director of Financial Reporting, at matt.joseph@selectquote.com for assistance.

Many thanks for your service to SelectQuote.

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[1] SelectQuote shares acquired through your participation in the ESPP must remain in Shareworks indefinitely and may not be transferred to a personal brokerage account at any time.