Upstart (UPST) AGM 2026 summary

Opening remarks and agenda

• Meeting commenced at 9:01 A.M. Pacific Time on May 28, 2026, with introductions of executive team, board members, and external representatives.

• The meeting was webcast, and a replay will be available on the IR website.

• Stockholders were invited to submit questions via the virtual portal.

Financial performance review

• Originations grew 86% year-on-year, revenue increased 64%, and GAAP profitability was achieved in the previous year.

• Auto and home segments each grew approximately fivefold.

• Q1 saw originations up 61% and revenue up 44%.

Board and executive committee updates

• Paul Gu officially became CEO earlier in the month.

• Board members and Deloitte & Touche representatives were present.