Disclosures:

1. Live Oak Bank Savings Annual Percentage Yield (APY) is valid as of  . No minimum opening balance or deposit required to open. Rates may change at any time without prior notice, before or after the account is opened. No minimum balance to open, but customers must have a balance of $0.01 to earn interest. Fees may reduce earnings.

2. Important Information about this Personal Savings Bonus Offer:

Customers must meet all requirements listed below to be eligible for the $200 bonus:

• New and Existing Customers:
  • The promotion begins on April 20th, 2026.
  • Only one bonus is available per Tax Identification Number (TIN) per promotional period.
  • Only personal savings accounts are eligible for the bonus offer. Checking accounts, certificates of deposit (CD) accounts and fiduciary accounts (e.g., trusts) are not eligible for this offer.
  • Opening of a new account will be subject to approval by Live Oak Banking Company in its sole discretion.
  • A new account must be opened between April 20th, 2026, and May 31^st, 2026 to be eligible.
  • A new Live Oak Bank personal savings account must be fully funded with at least $20,000 by 11:59 p.m. Eastern Time on 5/31/2026 to be eligible for the bonus. If the account is not fully funded with at least $20,000 by May 31^st, then the account is not eligible for the bonus offer.
  • All funding of the new personal savings account must consist of funds originating from an external financial institution to qualify. Deposits or transfers originating from an existing Live Oak Bank account (whether personal or business) via internal transfer, CD redemption, check, ACH transfer, wire, or loan proceeds do not qualify for bonus offer.
  • Beginning on the date in April or May 2026 when the new account attains a balance of at least $20,000, if the balance remains equal to or exceeding $20,000 for 60 consecutive days, then the account will be eligible for the bonus if all other conditions are met. If all eligibility criteria are met, the $200 cash bonus will be deposited to your open, eligible account within 45-days following the expiration of the 60-day period.
  • Your new account must not be closed or restricted at the time of payout in order to receive the bonus. Live Oak Bank reserves the right to withdraw or withhold the bonus offer from any customer, with or without notice, if fraud or other suspicious activity is suspected.
  • Any promotional payout amounts received may be subject to taxation.
  • The Live Oak Bank reserves the right to modify or discontinue this offer at any time without notice.
  • Live Oak Bank may deny or withhold the cash bonus if fraud or suspicious activity is suspected.
• Existing Customers:
  • In addition to the other requirements for the bonus offer, existing Live Oak Bank customers must meet of all of the following additional requirements:
    1. Maintain the combined end of day balance across all existing Live Oak Bank Personal Savings accounts at or above the balance held as of April 19th, 2026 at 11:59:59 p.m. ET.
    2. Deposit a minimum of $20,000 in new to bank funds—funds transferred from an external financial institution—into the new Personal Savings account opened during the promotional period.
    3. Maintain both of the following for 60 consecutive days, beginning on the date the new account first reaches the $20,000 new to bank balance:
       1. The required existing balance benchmark (as noted in #1 above), and
       2. Maintain a minimum balance of $20,000 in the new Personal Savings account

3. National savings average rate courtesy of the FDIC’s Weekly National Rates and Rate Caps, as of  ; average rate used is for deposits under $2,500.

4. Live Oak Bank is a member of the Federal Deposit Insurance Corporation (FDIC). As a Live Oak Bank customer, your Live Oak Bank deposits are insured by the FDIC up to $250,000 per depositor, for each account ownership category.

See disclosures for details .