March 15, 2024

Press Release

Forge Appoints Capital Markets Veteran Larry Leibowitz to its Board of Directors

March 14, 2024 – SAN FRANCISCO – Forge Global Holdings, Inc. (NYSE: FRGE) (“Forge”), a global private securities marketplace, announced today the appointment of Larry Leibowitz to its Board of Directors, as well as its Compensation Committee.

Mr. Leibowitz brings to Forge decades of entrepreneurial and corporate leadership experience in capital markets, financial technology and asset management. He is currently the CEO of Entrypoint Capital, a quantitative investment management firm, and has also held executive and board positions at a myriad of other companies in the financial services and investment sectors, including as the Chief Operating Officer, Head of Global Equities Markets, and Member of the Board of Directors of NYSE Euronext, a global securities exchange operator, from 2007 to 2013. He also served as Chief Operating Officer of Americas Equities at UBS, and was also Co-Chief Executive Officer of Schwab-Soundview Capital Markets in the early 2000s.

"Larry’s breadth of experience in capital markets, deep operational expertise and track record in leading scaled growth at global financial services and exchange organizations adds significant value to our board,” said Kelly Rodriques, CEO of Forge. “We look forward to leveraging Larry’s knowledge and experience as we scale the Forge platform and drive the transformation of the private market into a globally accessible, liquid and transparent asset class."

Mr. Leibowitz currently sits on the boards of Enfusion (NYSE: ENFN), a software provider in the investment management space, and the special purpose acquisition companies Concord Acquisition Corp II (NYSE: CNDA) and Concord Acquistion Corp III (NYSE: CNDB). He is also a board director of XCHG Xpansiv, an intelligent commodities exchange focusing on renewable energy products, a position he has held since June 2019. In addition, he is a former board member of Cowen Inc. (NASDAQ: COWN), and holds or has held seats on various other boards for private companies in the financial technologies, asset management and digital law sectors.

Early in his career, Mr. Leibowitz was a founding partner at Bunker Capital, as well as Managing Director and Head of Quantitative Trading and Equities Technology at CS First Boston. He holds an undergraduate degree in Economics from Princeton University.

About Forge

Forge is a leading provider of marketplace infrastructure, data services and technology solutions for private market participants. Forge Securities LLC is a registered broker-dealer and a Member of FINRA that operates an alternative trading system.

Forward-Looking Statements:

This press release contains “forward-looking statements,” which generally are accompanied by words such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “target,” “goal,” “expect,” “should,” “would,” “plan,” “predict,” “project,” “forecast,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict, indicate or relate to future events or trends or Forge’s future financial or operating performance, or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Forge’s beliefs regarding future opportunities for Forge to expand its business. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, while considered reasonable by Forge and its management, are subject to risks and uncertainties that may cause actual results to differ materially from current expectations. You should carefully consider the risks and uncertainties described in Forge’s documents filed, or to be filed, with the SEC from time to time, including in its Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K. There may be additional risks that Forge presently does not know of or that it currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect Forge’s expectations, plans or forecasts of future events and views as of the date of this press release. Forge anticipates that subsequent events and developments will cause its assessments to change. However, while Forge may elect to update these forward-looking statements at some point in the future, Forge specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Forge’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

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