RumbleOn Appoints CFO Narinder Sahai as Chief Financial Officer

Mr. Sahai brings over 18 years of financial leadership experience with Bellwether businesses in the technology, energy and automotive sectors.

DALLAS – RumbleOn, Inc. (NASDAQ: RMBL), the nation’s largest powersports vehicle retailer and the premier omnichannel customer experience in powersports, today announced the appointment of Narinder Sahai as Chief Financial Officer of the company. Mr. Sahai will be a member of the leadership team and will report directly to RumbleOn’s General Manager, Marshall Chesrown, effective February 1, 2022.

Mr. Sahai is an accomplished financial and strategic executive who brings leadership experience in innovative hyper-growth, multi-billion dollar companies. He has an impressive track record of success building and leading the finance teams of some of the largest organizations in the United States. In his role as Chief Financial Officer at RumbleOn, Mr. Sahai will be responsible for leading financial strategy, accounting, tax, treasury, planning and analysis, investor relations and financial operations of RumbleOn.

“We are delighted to welcome Narinder to RumbleOn. His experience leading strong finance functions for some of the largest, most disruptive and important companies in the industry makes him the right choice to lead our finance operations. Narinder has a proven track record of operational rigor and we believe he will add tremendous value as we continue to execute our ambitious growth strategy.I would also like to thank Beverley Rath for stepping in during this difficult time. after the unfortunate loss of Steve Berrard,” Mr. Chesrown commented.

Mr. Sahai comes to RumbleOn with over 18 years of financial leadership experience at companies such as Amazon Web Services (AWS), Target Hospitality and TechnipFMC. Most recently, Mr. Sahai led Worldwide Go-To-Market Finance for Compute and AI/ML at AWS. Previously, Mr. Sahai was Senior Vice President, Treasurer and Investor Relations at Target Hospitality Corporation. Prior to joining Target Hospitality, Mr. Sahai held key global and regional finance leadership positions based in the Americas and Asia-Pacific at TechnipFMC plc, FMC Technologies, Inc. and Delphi Corporation. Mr. Sahai holds an MBA from the Ross School of Business at the University of Michigan in Ann Arbor, Michigan, and a Bachelor of Engineering from Thapar University in Patiala, India. Mr. Sahai is also a CFA charter holder.

Mr. Sahai commented, “Through its technology-driven omnichannel strategy, RumbleOn continues to create an exceptional motorsports experience on behalf of our customers. The opportunity to work alongside Marshall and the team, utilizing their unparalleled experience and history of excellence, is incredibly exciting. . I look forward to contributing to RumbleOn’s future growth and delivering long-term value to all of our stakeholders.”

RumbleOn’s Acting Chief Financial Officer, Beverley Rath, will continue to serve as Corporate Controller and continue in her role as Certifying Officer through RumbleOn’s Form 10-K filing for the year ending 31 December 2021.

About RumbleOn

RumbleOn (NASDAQ: RMBL) is the nation’s largest powersports vehicle retailer and the premier omnichannel customer experience in powersports. Whether buying, selling, trading, or financing a new or used vehicle, RumbleOn enables dealers and consumers to transact without geographic boundaries in a seamless, fast, and seamless experience. friction. The company uses innovative technology to aggregate and distribute used vehicles and disrupts the used vehicle supply chain by providing dealerships with technology solutions such as virtual inventory and a 24/7 distribution platform /7. RumbleOn offers customers a truly unique experience wherever they want to shop, online or in-store. For more information, please visit http://www.rumbleon.com.

Caution Regarding Forward-Looking Statements

This press release may contain “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects”, “plans “, “will”, “may”, “anticipate”, “believe”, “should”, “intend”, “estimate” and other words of similar meaning. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release and are urged to consider the factors listed under “Forward-Looking Statements” and “Risk Factors” in the Company’s filings with the SEC, as they may be updated and amended from time to time. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Investor Relations:

Does Newell

[email protected]

Source: RumbleOn, Inc.

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