Online Privacy Notice

ONLINE PRIVACY NOTICE

Last Updated: December 10, 2025

Live Oak Banking Company (“Live Oak”) respects your privacy. This Online Privacy Notice describes the types of personal information we obtain on our websites (“Sites”) and mobile applications (“Mobile Apps”) (collectively, “Online Services”), how we use the information, with whom we may share it and the choices available to you regarding our use of the information. We also describe measures we take to protect the information and how you can contact us about our privacy practices.

Unless indicated otherwise, this Online Privacy Notice applies solely to our Online Services. Live Oak also provides certain individuals with supplemental privacy notices, as described below:

Financial Privacy Notice: If you are a consumer who has a financial product or service with Live Oak, please see our U.S. Consumer Privacy Notice, which federal law requires us to give to certain consumers to explain what we do with their personal information, how we may share it and how the law allows consumers to limit our sharing of the information.
Notices for California Residents: If you are a California resident, please see our California Consumer Privacy Statement .

Information We Obtain

We obtain certain personal information about you when you interact with our Online Services, including:

Contact information, such as name, telephone number and postal and email address;
Login credentials, such as username and password; fingerprint or other biometric identifiers used to support or enable authentication;
Account information, financial history and transaction information, such as account number, loan number, routing number and other unique customer identification numbers, credit or debit card information, account balances, payment history, insurance information, income information, assets and investment experience;
If you are using our Mobile Apps, you may choose to provide access to your device’s: (1) contact list and images, to enable you to engage in transactions with your contacts and (2) camera, photos, pictures, and images, to enable you to engage in mobile deposits and personalize your account profile;
Demographic information and similar details, such as age, nationality, citizenship status, date of birth, signature, education or professional information, marital status, sex, gender and military or veteran status;
Government-issued identification information, such as Social Security number or tax identification number, passport or driver’s license data, and other information related to government-issued identification;
Location information based on services you request, such as helping you locate the nearest ATM (we will obtain your consent before collecting fine or precise geolocation information);
Information provided by identity verification and fraud prevention platforms;
Publicly-available information, such as from social media services; and
Other information you choose to provide, such as through emails or other communications, social media pages, surveys, registrations and sign-up forms.

Information We Obtain by Automated Means

Sites: When you visit our sites, we may obtain certain information by automated means, such as cookies, web beacons, web server logs, session replay and screen capture technology, and other technologies. A “cookie” is a text file that websites send to a visitor’s computer or other internet-connected device to uniquely identify the visitor’s browser or to store information or settings in the browser. A “web beacon,” also known as an internet tag, pixel tag or clear GIF, links web pages to web servers and cookies and may be used to transmit information collected through cookies back to a web server. The information we collect in this manner may include your device IP address, unique device identifier, web browser characteristics, device characteristics, operating system, language preferences, referring URLs, clickstream data, and dates and times of website visits.

We also may use session replay and screen capture technology to collect, on a real-time basis, information on how you use and navigate the sites. This may include mouse movements, how you scroll through the sites, and certain keystroke information.

Mobile Apps: When you use our Mobile Apps, we also may collect certain information by automated means, such as through device logs, server logs and other technologies. The information we collect in this manner may include the device type used, the mobile operating system, device identifiers and similar unique identifiers, device settings and configurations, IP addresses, WiFi network identifiers and signals, battery and signal strength, usage statistics, referring emails and web addresses, dates and times of usage, actions taken on the Mobile Apps, and other information regarding use of the Mobile Apps. In addition, as indicated above, we may collect your device’s geolocation information with your consent which assists us with the security of the products and services and assists us with offering features like search results for branch and ATM locations, credit card controls, and messages based on your general location. Please note that if you decline to allow the Mobile Apps to collect your fine or precise geolocation, you may not be able to use all of the Mobile Apps’ features or the offers available through the Mobile Apps.

We may use these automated technologies on our Online Services to collect information about your equipment, browsing actions, and usage patterns. These technologies help us (1) remember your information so you do not have to re-enter it; (2) track and understand how you use and interact with our Online Services; (3) tailor the Online Services around your preferences; (4) measure the usability of our Online Services and the effectiveness of our communications; and (5) otherwise manage and enhance our products and services, and help ensure they are working properly.

Your browser may tell you how to be notified about certain types of automated collection technologies and how to restrict or disable them. Please note, however, that without these technologies, you may not be able to use all of the features of our Online Services. For mobile devices, you can manage how your device and browser share certain device data by adjusting the privacy and security settings on your mobile device.

As part of our ongoing efforts to protect your information, we may place a private key on your device to help us identify the device as belonging to you. The use of a private key on your device assists you in conducting your online banking transactions.

How We Use the Information We Obtain

We may use the personal information we obtain to:

Provide our products and services;
Process and fulfill transactions in connection with our products and services;
Communicate with you (including providing you with offers and other communications about our products and services), respond to inquiries and offer customer support;
Establish and manage accounts;
Report to credit bureaus;
Verify your identity;
Personalize your experience on our Online Services;
Advertise and market our products and services;
Administer participation in surveys, sweepstakes, promotions or other programs;
Establish and manage our business relationships;
Provide products and services to our B2B clients and facilitate their end-users’ use of our products and services;
Perform analytics (including, but not limited to, market research, trend analysis, financial analysis, and analysis of our customer base), and anonymization of personal information;
Ensure that our products and services are working as intended, such as tracking outages or troubleshooting issues that you report to us;
Operate, evaluate and improve our business (including developing new products and services; enhancing, improving and analyzing our products and services; managing our communications; and performing accounting, auditing and other internal functions);
Authenticate an online transaction or assist you in conducting your online transactions;
Maintain and enhance the safety and security of our Online Services, products and services and prevent misuse;
Exercise our rights and remedies and defend against legal claims;
Protect against, identify and prevent fraud and other criminal activity, claims and other liabilities;
Comply with and enforce applicable legal requirements, relevant industry standards and Live Oak policies, including, but not limited to, those relating to anti-money laundering, economic sanctions, and anti-terrorism; and
Comply with and enforce any relevant terms of use located on our Online Services.

As described in the “Information We Obtain” section of this Online Privacy Notice, if you use our Mobile Apps, you may choose to provide access to your device’s: (1) contact list and images, to enable you to transact with your contacts and (2) camera, photos and images, to enable you to engage in mobile deposits and personalize your account profile.

We also may use the information in other ways for which we provide specific notice at the time of collection.

Third-Party Analytics Services

We may use third-party analytics services on our online services, such as Google Analytics. We also may use third-party session replay and screen capture services that record users’ interactions with the sites. The providers of these analytics services use technologies such as cookies, web beacons, session replay and screen capture technology, and similar automated technologies to help us analyze your use of the online services. The information we obtain through the online services may be disclosed to or collected directly by these services. To learn more about Google Analytics, please visit https://www.google.com/policies/privacy/partners/.

Interest-Based Advertising

On our online services, we may obtain information about your online activities to provide you with advertising about products and services that may be tailored to your interests. This section of our online privacy notice provides details and explains how to exercise certain choices.

You may see our ads on other websites because we use third-party ad services. Through these ad services, we can target our messaging to users considering demographic data, users’ inferred interests and browsing context. These services track your online activities over time and across multiple websites and apps by collecting information through automated means, including through the use of cookies, web server logs, web beacons and other similar technologies. The ad services use this information to show you ads that may be tailored to your individual interests. The information that ad services may collect includes data about your visits to websites that serve Live Oak advertisements, such as the pages or ads you view and the actions you take on the websites or apps. This data collection takes place both on our online services and on third-party websites and apps that participate in these ad services. This process also helps us track the effectiveness of our marketing efforts.

The online services are not designed to respond to “do not track” signals from browsers.

To learn how to opt out of interest-based advertising, please visit the Digital Advertising Alliance, the Network Advertising Initiative and TRUSTe Advertising Choices .

Information We Share

We may share the information we obtain about you with our affiliates and subsidiaries and with our business partners. We also may share the information we obtain about you with third-party vendors and other entities to perform services on our behalf, such as website hosting, data analytics, marketing, payment processing, fraud prevention, and other services. In addition, we may share personal information with (1) other financial institutions; (2) accounting services; (3) other companies in connection with co-branded products, services or programs; and (4) consumer reporting agencies.

We also may disclose personal information (1) if we are required to do so by law or legal process (such as a court order or subpoena); (2) in response to requests by government agencies, such as law enforcement authorities, or self-regulatory organizations; (3) to establish, exercise or defend our legal rights and those of our affiliates, subsidiaries or business partners; (4) when we believe disclosure is necessary or appropriate to prevent physical or other harm or financial loss; (5) in connection with an investigation of suspected or actual illegal activity; or (6) otherwise with your consent or as directed by your representative.

We reserve the right to transfer any personal information we have about you in the event of an actual or prospective sale or transfer of all or a portion of our business or assets (including in the event of an actual or prospective merger, acquisition, joint venture, reorganization, divestiture, dissolution or liquidation).

YOUR CHOICES

We offer you certain choices in connection with the personal information we collect from you. You can unsubscribe from our marketing mailing lists by following the “Unsubscribe” link in our emails. You also may be able to update certain aspects of your account details and settings by logging into your account on our Online Services.

HOW WE PROTECT PERSONAL INFORMATION

We maintain administrative, technical and physical safeguards designed to protect the personal information you provide against accidental, unlawful or unauthorized access, destruction, loss, alteration, disclosure, disposal or use.

CHILDREN’S PRIVACY

Our Online Services are designed for a general audience and are not directed to children. We do not knowingly collect personal information online from children under the age of 13, or such other age as may be stipulated by applicable law.

THIRD-PARTY LINKS AND FEATURES

For your convenience and information, our Online Services may provide links to other online services, and may include third-party features such as apps, tools, widgets and plug-ins. These online services and third-party features may operate independently from us. The privacy practices of the relevant third parties, including details on the information they may collect about you, are subject to the privacy statements of these parties, which we strongly suggest you review. To the extent any linked online services or third-party features are not owned or controlled by us, we are not responsible for these third parties’ information practices.

UPDATES TO OUR ONLINE PRIVACY NOTICE

This Online Privacy Notice may be updated periodically and without prior notice to you to reflect changes in our personal information practices. We will post a notice on our Online Services to notify you of significant changes to our Online Privacy Notice and indicate at the top of the Online Privacy Notice when it was most recently updated.

HOW TO CONTACT US

You can submit a request or ask us questions about this Online Privacy Notice by contacting a Customer Success Manager at 866.518.0286 Monday through Friday 8:00 a.m. – 8:00 p.m. EST.

California Consumer Privacy Statement

Last Updated: December 10, 2025

This California Consumer Privacy Statement (“Statement”) supplements Live Oak’s Online Privacy Notice.
It applies solely to California consumers, which includes visitors to publicly-accessible sections of our Sites,
job applicants, and personnel working on behalf of our vendors and business clients and partners.

This Statement does not apply to:

Live Oak personnel (i.e., employees, officers, directors, or medical staff members), their emergency
contracts or their relatives for whom we administer benefits; or
Information collected, processed or disclosed in connection with the provision of financial products or
services pursuant to the Gramm-Leach-Bliley Act and its implementing regulations or the California
Financial Information Privacy Act.

This Statement uses certain terms that have the meaning given to them in the California Consumer Privacy
Act of 2018 (the “CCPA”), as amended by the California Privacy Rights Act of 2020 (the “CPRA”), and its
implementing regulations (the “CCPA/CPRA”).

Collection and Use of Personal Information

We may collect (and may have collected during the 12-month period prior to the effective date of this
Statement) the following categories of personal information about you:

Identifiers: identifiers such as a real name, alias, postal address, unique personal
identifier (such as a device identifier; cookies, beacons, pixel tags, mobile ad identifiers and similar
technology; customer number, unique pseudonym, or user alias; telephone number and other forms of
persistent or probabilistic identifiers), online identifier, internet protocol address, email address,
account name, Social Security number, driver’s license number, passport number, and other similar identifiers
Additional Data Subject to Cal. Civ. Code § 1798.80: signature, physical characteristics or
description, state identification card number, insurance policy number, education, bank account number,
credit card number, debit card number, and other financial information, and medical information
Protected Classifications: characteristics of protected classifications under California
or federal law, such as race, color, national origin, age, sex, gender, gender expression, marital status,
medical condition, disability citizenship status, and military and veteran status
Commercial Information: commercial information including records of personal property,
products or services purchased, obtained, or considered, and other purchasing or consuming histories or
tendencies
Biometric Information
Online Activity: Internet and other electronic network activity information, including,
but not limited to, browsing history, search history, and information regarding your interaction with
websites, applications or advertisements
Sensory Information: audio, electronic, visual, and similar information
Employment Information: professional or employment-related information, such as information
relating to your job position (e.g., job title, job description and office location), talent management
information (e.g., résumé information, occupation details, education details, certifications and professional
associations, historical compensation details, previous employment details, and pre-employment screening and
background check information, including criminal records information) and emergency contact information
Inferences: inferences drawn from any of the information identified above to create a profile
about you reflecting your preferences, characteristics, psychological trends, predispositions, behavior,
attitudes, intelligence, abilities, and aptitudes.

We may use (and may have used during the 12-month period prior to the effective date of this Statement) your
personal information for the purposes described in our Online Privacy Notice and for the following business
purposes specified in the CCPA/CPRA:

Performing services, including maintaining or servicing accounts, providing customer service, processing or
fulfilling orders and transactions, verifying customer information, processing payments, providing financing,
providing analytics services, providing storage, or providing similar services
Providing advertising and marketing services to you, except for cross-context behavioral advertising;
Auditing related to counting ad impressions to unique visitors, verifying positioning and quality of ad
impressions, and auditing compliance
Short-term, transient use, including, but not limited to, non-personalized advertising shown as part of your
current interaction with us
Helping to ensure security and integrity to the extent the use of your personal information is reasonably
necessary and proportionate for these purposes
Debugging to identify and repair errors that impair existing intended functionality
Undertaking internal research for technological development and demonstration
Undertaking activities to verify or maintain the quality or safety of a service or device that is owned,
manufactured, manufactured for, or controlled by us, and to improve, upgrade, or enhance the service or
device that is owned, manufactured, manufactured for, or controlled by us.

We do not collect or process sensitive personal information with the purpose of inferring characteristics about
California consumers covered by this Statement.

To the extent we process deidentified information, we will maintain and use the information in deidentified form
and will not attempt to reidentify the information unless permitted by applicable law.

Retention of Personal Information

We will retain your personal information for the period reasonably necessary to achieve the purposes described in
our Online Privacy Notice and this Statement, or any other notice provided at the time of collection, taking into
account applicable statutes of limitation and records retention requirements under applicable law.

Sources of Personal Information

During the 12-month period prior to the effective date of this Statement, we may have obtained personal information
about you from the following categories of sources:

Directly from you, such as when you contact us
Your devices, such as when you visit our Sites
Our affiliates and subsidiaries
Vendors who provide services on our behalf
Professional services organizations, such as auditors and law firms
Our business clients
Our business partners
Other individuals, such as in connection with a referral
Recruiting and talent agencies
Data analytics providers
Government entities
Social networks
Publicly accessible sources
Data brokers, such as credit reporting agencies and background check services

Sale or Sharing of Personal Information

We do not sell your personal information in exchange for monetary compensation. We may disclose your personal
information by allowing certain third parties (such as online advertising services and social media companies)
to collect personal information via automated technologies on our websites and apps for cross-context behavioral
advertising purposes. Under California law, these kinds of disclosures may be considered a “sale” when the
personal information is exchanged for non-monetary consideration, or “sharing” when the personal information is
disclosed for cross-context behavioral advertising purposes. You have the right to opt out of these types of
disclosures of your information, as detailed below in the “California Consumer Privacy Rights” section.

We may sell or share for cross-context behavioral advertising purposes (and may have sold or shared during the
12-month period prior to the Last Updated date of this California Consumer Privacy Statement) the following
categories of personal information about you to online advertising services and social media companies:

Identifiers
Commercial Information
Online Activity

We do not have actual knowledge that we sell or share the personal information of minors under 16 years of age.

Disclosure of Personal Information

During the 12-month period prior to the effective date of this Statement, we may have disclosed the following
categories of personal information about you for a business purpose to the following categories of third parties:

Category of Personal Information	Category of Third Party
Identifiers	Our affiliates and subsidiaries Vendors who perform services on our behalf Professional services organizations, such as auditors and law firms Our business clients Our business partners Data analytics providers Online advertising services Social media companies Data brokers, such as credit reporting agencies and background check services
Additional Data Subject to Cal. Civ. Code § 1798.80	Our affiliates and subsidiaries Vendors who perform services on our behalf Professional services organizations, such as auditors and law firms Our business clients Our business partners Data analytics providers Data brokers, such as credit reporting agencies and background check services
Protected Classifications	Our affiliates and subsidiaries Vendors who perform services on our behalf Professional services organizations, such as auditors and law firms Our business clients Our business partners Data analytics providers Data brokers, such as credit reporting agencies and background check services
Commercial Information	Our affiliates and subsidiaries Vendors who perform services on our behalf Professional services organizations, such as auditors and law firms Data analytics providers Online advertising services Social media companies
Biometric Information	Our affiliates and subsidiaries Vendors who perform services on our behalf Professional services organizations, such as auditors and law firms
Online Activity	Our affiliates and subsidiaries Vendors who perform services on our behalf Professional services organizations, such as auditors and law firms Data analytics providers Online advertising services Social media companies
Sensory Information	Our affiliates and subsidiaries Vendors who perform services on our behalf Professional services organizations, such as auditors and law firms Data analytics providers
Employment Information	Our affiliates and subsidiaries Vendors who perform services on our behalf Professional services organizations, such as auditors and law firms Our business clients Our business partners Data analytics providers Data brokers, such as credit reporting agencies and background check services
Inferences	Our affiliates and subsidiaries Vendors who perform services on our behalf Professional services organizations, such as auditors and law firms Our business partners Data analytics providers

In addition to the categories of third parties identified above, during the 12-month period prior to the effective
date of this Statement, we may have shared personal information about you with: (1) government entities, such as law
enforcement authorities and regulators; (2) self-regulatory organizations; and (3) third parties in connection with
an actual or proposed corporate transaction, such as a merger, acquisition, joint venture, reorganization,
divestiture, dissolution or liquidation.

California Consumer Privacy Rights

You have certain choices regarding your personal information, as described below.

Access: You have the right to request, twice in a 12-month period, that we disclose to you the
personal information we have collected, used, disclosed and sold or shared about you, including the categories of
personal information collected, the categories of sources from which the personal information is collected, the
business or commercial purpose for collecting, selling, or sharing personal information, the categories of third
parties to whom we disclose personal information, and the specific pieces of personal information we have collected
about you.
Correction: You have the right to request that we correct the personal information we maintain
about you, if that information is inaccurate.
Deletion: You have the right to request that we delete certain personal information we have
collected from you.
Opt-Out of Sale or Sharing: You have the right to opt-out of the sale of your personal information
or the sharing of your personal information for cross-context behavioral advertising purposes.

How to Submit a Request

To submit an access, correction or deletion request, email us at
privacy@liveoak.bank or call us at 866-518-0286.
To opt-out of the sale or sharing of your personal information, click here.

You may also use the Global Privacy Control signal. If you would like to opt-out of the sale or sharing of your
personal information associated with a different device or browser, please submit an opt-out request or broadcast the
Global Privacy Control signal using that device or browser. Please note that if you clear your cookies on a
particular browser or device, you may need to resubmit your opt-out request again from that device or browser.
Requests sent using the Global Privacy Control will apply to the device and browser from which they are submitted.
For more information about the Global Privacy Control, please visit
https://globalprivacycontrol.org/.

To submit a request as an authorized agent on behalf of a consumer, contact us at
privacy@liveoak.bank.

For questions or concerns about our privacy policies and practices, contact us at
privacy@liveoak.bank.

Verifying Requests

To help protect your privacy and maintain security, we will take steps to verify your identity before granting you
access to your personal information or complying with your request. If you request access to, correction of or
deletion of your personal information, we may require you to verify your email address or certain of your
information in our records, such as your name, email address, mailing address, phone number, company name and
job-details, or other information about your interactions with us. In addition, if you ask us to provide you with
specific pieces of personal information, we may require you to sign a declaration under penalty of perjury that you
are the consumer whose personal information is the subject of the request.

Additional Information

If you choose to exercise any of your rights under the CCPA/CPRA, you have the right to not receive discriminatory
treatment by us. To the extent permitted by applicable law, we may charge a reasonable fee to comply with your
request.