X0206 3 2017-04-06 0 0001651094 Elevate Credit, Inc. ELVT 0001367787 SCGF III MANAGEMENT LLC 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 0001367782 SEQUOIA CAPITAL GROWTH FUND III 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 0001201045 MORITZ MICHAEL J 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 0 0 1 0 0001092521 SEQUOIA CAPITAL FRANCHISE PARTNERS LP 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 0001085206 SEQUOIA CAPITAL FRANCHISE FUND LP 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 0 0 1 0 0001296083 SEQUOIA CAPITAL ENTERPRENEURS ANNEX FUND 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 0001096113 SEQUOIA CAPITAL IX 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 0 0 1 0 0001195580 LEONE DOUGLAS M 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 0001357260 SEQUOIA CAPITAL GROWTH III PRINCIPALS FUND 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 0001367781 SEQUOIA CAPITAL GROWTH PARTNERS III 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 Common Stock 13296 I By Sequoia Capital Franchise Fund, L.P. Common Stock 1813 I By Sequoia Capital Franchise Partners, L.P. Series A Preferred Stock Common Stock 1587132 I By Sequoia Capital Growth Fund III, L.P. Series A Preferred Stock Common Stock 279533 I By Sequoia Capital IX, L.P. Series A Preferred Stock Common Stock 256234 I By Sequoia Capital Franchise Fund, L.P. Series A Preferred Stock Common Stock 77725 I By Capital Growth III Principals Fund, LLC Series A Preferred Stock Common Stock 34940 I By Sequoia Capital Franchise Partners, L.P. Series A Preferred Stock Common Stock 17496 I By Sequoia Capital Growth Partners III, L.P. Series A Preferred Stock Common Stock 11646 I By Sequoia Capital Entrepreneurs Annex Fund, L.P. Series B Preferred Stock Common Stock 469955 I By Sequoia Capital Growth Fund III, L.P. Series B Preferred Stock Common Stock 82771 I By Sequoia Capital IX, L.P. Series B Preferred Stock Common Stock 75872 I By Sequoia Capital Franchise Fund, L.P. Series B Preferred Stock Common Stock 23015 I By Capital Growth III Principals Fund, LLC Series B Preferred Stock Common Stock 10346 I By Sequoia Capital Franchise Partners, L.P. Series B Preferred Stock Common Stock 5181 I By Sequoia Capital Growth Partners III, L.P. Series B Preferred Stock Common Stock 3448 I By Sequoia Capital Entrepreneurs Annex Fund, L.P. The number of shares of common stock reported does not reflect a 2.5-for-1 forward stock split, to be effective upon the closing of the issuer's initial public offering. SCFF Management, LLC is the general partner of Sequoia Capital Franchise Fund L.P. and Sequoia Capital Franchise Partners, L.P. The managing members of SCFF Management are Douglas M. Leone and Michael J. Moritz. Each of the managing members of SCFF III Management, LLC may be deemed to share beneficial ownership of the shares held by the Sequoia Capital Franchise Fund L.P. and Sequoia Capital Franchise Partners, L.P. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of his or its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. The Series A preferred stock is convertible into issuer common stock on a one-for-one basis and has no expiration date. The number of underlying shares of common stock reported in Column 3 does not reflect a 2.5-for-1 forward stock split, to be effective upon the closing of the issuer's initial public offering. SCGF III Management, LLC is the general partner of each of Sequoia Capital Growth Partners III, L.P. and Sequoia Capital Growth Fund III, L.P., and is the managing member of Sequoia Capital Growth III Principals Fund, LLC. As a result, SCGF III Management, LLC may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Capital Growth Partners III, L.P., Sequoia Capital Growth Fund III, L.P. and Sequoia Capital Growth III Principals Fund, LLC. SC IX.I Management, LLC is the General Partner of each of Sequoia Capital IX, L.P. and Sequoia Capital Entrepreneurs Annex Fund, L.P. The Series B preferred stock is convertible into issuer common stock on a one-for-one basis and has no expiration date. The number of underlying shares of common stock reported in Column 3 does not reflect a 2.5-for-1 forward stock split, to be effective upon the closing of the issuer's initial public offering. /s/ Jung Yeon Son, by power of attorney for Douglas M. Leone, a Managing Member of SCGF III Management, LLC 2017-04-06 /s/ Jung Yeon Son, by power of attorney for Douglas M. Leone, a Managing Member of SCGF III Management, LLC, the general partner of Sequoia Capital Growth Partners III, L.P. and Sequoia Capital Growth Fund III, L.P. 2017-04-06 /s/ Jung Yeon Son, by power of attorney for Michael J. Moritz 2017-04-06 /s/ Jung Yeon Son, by power of attorney for Douglas M. Leone, a Managing Member of SCFF Management, LLC, the general partner of Sequoia Capital Franchise Fund L.P. and Sequoia Capital Franchise Partners, L.P. 2017-04-06 /s/ Jung Yeon Son, by power of attorney for Douglas M. Leone, a Managing Member of SCFF Management, LLC, the general partner of Sequoia Capital Franchise Fund L.P. and Sequoia Capital Franchise Partners, L.P. 2017-04-06 /s/ Jung Yeon Son, by power of attorney for Douglas M. Leone, a Managing Member of SC IX.I Management, LLC, the General Partner of each of Sequoia Capital IX, L.P. and Sequoia Capital Entrepreneurs Annex Fund, L.P. 2017-04-06 /s/ Jung Yeon Son, by power of attorney for Douglas M. Leone, a Managing Member of SC IX.I Management, LLC, the General Partner of each of Sequoia Capital IX, L.P. and Sequoia Capital Entrepreneurs Annex Fund, L.P. 2017-04-06 /s/ Jung Yeon Son, by power of attorney for Douglas M. Leone 2017-04-06 /s/ Jung Yeon Son, by power of attorney for Douglas M. Leone, a Managing Member of SCGF III Management, LLC, the managing member of Sequoia Capital Growth III Principals Fund, LLC 2017-04-06 /s/ Jung Yeon Son, by power of attorney for Douglas M. Leone, a Managing Member of SCGF III Management, LLC, the general partner of Sequoia Capital Growth Partners III, L.P. and Sequoia Capital Growth Fund III, L.P. 2017-04-06