WPCA Warburg Pincus Capital Corporation IA

On July 1, 2021, Warburg Pincus Capital Corporation I-A (the “Company”) announced the appointment of Alison Rand as a new director of the Company. Ms. Rand has been appointed to serve on the audit committee and the nominating committee of the Company, with such appointment effective upon her becoming a director of the Company.

Ms. Rand serves as Executive Vice President and Chief Financial Officer of Primerica (NYSE: PRI) a leading provider of financial services to middle income households throughout North America. Ms. Rand is a member of Primerica’s Executive Team and as Chief Financial Officer is responsible for all aspects of Primerica’s finance and accounting functions, treasury, capital management, tax, and investor relations. Ms. Rand began her career at Primerica in 1995 responsible for financial reporting and later focused on business strategy and development before being named CFO in 2000. In 2010, Ms. Rand successfully led Primerica’s Initial Public Offering on the NYSE and since then speaks regularly with current and potential investors to promote Primerica. Prior to joining Primerica, Ms. Rand was an auditor with KPMG LLP specializing in the insurance sector. Ms. Rand is the Chair of the board of directors of Cool Girls, Inc., Vice Chair of the Audit Committee of the University of Florida National Foundation board of directors and a member of the Executive Committee of the board of directors of Junior Achievement of Georgia. She also serves on the University of Georgia Terry College of Business Executive Education CFO Roundtable Advisory Board. Ms. Rand earned a Bachelor of Science in Accounting from the University of Florida and is a certified public accountant.

The board of directors of the Company has affirmatively determined that Ms. Rand meets the applicable standards for an independent director under both the rules of the New York Stock Exchange and Rule 10A-3 under the Securities Exchange Act of 1934.

Ms. Rand will not be compensated by the Company for her services as a director and has not entered into an employment agreement with the Company.

In connection with this appointment, Ms. Rand is expected to enter into an indemnity agreement, registration and shareholder rights agreement and a letter agreement with the Company on the same terms as the indemnity agreements, registration and shareholder rights agreement and letter agreement entered into by the directors and officers of the Company at the time of the Company’s initial public offering.