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Pinnacle Financial Partners Remains One of America’s Best Places to Work

Firm ranks No. 26 on the 2021 list from FORTUNE and Great Place to Work^®

NASHVILLE, Tenn.–(BUSINESS WIRE)–
For the fifth consecutive year, Pinnacle Financial Partners is one of the best places to work in the United States, according to a new list of the 100 Best Companies to Work For^® from FORTUNE magazine and Great Place to Work™. The firm came in at No. 26, joining companies like Cisco, Salesforce and Hilton in having one of the most engaging and rewarding workplace cultures in the nation.

This year’s list is unlike any other in the history of the program in that 40 percent of the scoring rubric was based solely on programs each company said they created to support their people and communities in response to the pandemic.

“When faced with great challenges, we always put associates first,” said M. Terry Turner, Pinnacle’s president and CEO. “Soon after the scope of the crisis became clear, we took immediate action to take care of our associates, giving them the love, support and flexibility they needed to take care of themselves and their families. And they did the same for each other and their clients. That’s what helped Pinnacle get through a year filled with tribulation and come out stronger on the other side.”

Pinnacle began organizing its formal response to the pandemic in January 2020. Firm leaders quickly moved to increase work-from-home capacity, institute paid leave for associates who could not work due to illness or other pandemic-related reasons, build health and safety protocols for those in the office and many other measures to protect and support associates. That spring, Pinnacle associates processed and funded 14,000 Paycheck Protection Program loans worth $2.4 billion to clients in need, and by the summer completed a review of the entire risk-graded loan book to assess and meet client needs.

Despite the crisis environment and additional workload required to help clients, Pinnacle associates gave glowing feedback on the firm’s annual internal surveys. More than 96 percent agreed that Pinnacle’s culture is truly special, 97 percent say the leadership team shows a genuine interest in their well-being and 90 percent agree that they are given a real opportunity to develop their skills. Full results of these survey questions are available at PNFP.com. In the open comments portion of the survey, the word “care” or “caring” is used more than 600 times, “best” more than 340 times and “family” and “love” each more than 270 times, with “flex” or “flexibility” cited 215 times.

“During a difficult year, our associates found comfort with their colleagues and reward in their work, even though it was more challenging than ever,” Turner said. “Our clients and communities needed help, and our firm needed to act quickly in a changing economy. In response, Pinnacle associates put in the strongest effort I have ever seen in my career. They came together to move mountains because they are dedicated to our firm’s values, beliefs and culture. More than that, they are dedicated to a simple ideal of doing the right thing. As a leader, it’s incredibly humbling to see.”

Pinnacle also has been recently recognized as one of the country’s Best Banks to Work For and a top five Best Workplace for both Women and Millennials. On the local level, Pinnacle has earned dozens of workplace awards, including recent rankings in Virginia, Memphis, TN, Knoxville, TN, Charlotte, NC and the Triad region of North Carolina. Pinnacle was also named one of 50 Companies that Care by People magazine.

The FORTUNE 100 Best Companies to Work For® list is one of the country’s most prestigious workplace award programs, with results gleaned from more than 650,000 employee surveys. To determine the 2021 list, Great Place to Work asked about issues including how trustworthy, caring and fair the company is in times of crises; employees’ physical, emotional and financial health; and the company’s broader community impact. Particular attention was paid to how employees’ experiences varied depending on their job role, gender, race/ethnicity, payroll status and other characteristics to ensure that the company is creating a great workplace for all.

This is one of a series of rankings by Great Place to Work and FORTUNE based on employee feedback from Great Place to Work-Certified™ organizations.

Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The firm is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, according to 2020 deposit data from the FDIC. Pinnacle earned a spot on the 2020 list of 100 Best Companies to Work For^® in the U.S., its fourth consecutive appearance. American Banker recognized Pinnacle as one of America’s Best Banks to Work For eight years in a row and No. 1 among banks with more than $10 billion in assets in 2020.

Pinnacle owns a 49 percent interest in Bankers Healthcare Group (BHG), which provides innovative, hassle-free financial solutions to healthcare practitioners and other licensed professionals. Great Place to Work and FORTUNE ranked BHG No. 1 on its 2020 list of Best Workplaces in New York State in the small/medium business category.

The firm began operations in a single location in downtown Nashville, TN in October 2000 and has since grown to approximately $34.9 billion in assets as of Dec. 31, 2020. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in 12 primarily urban markets in Tennessee, the Carolinas, Virginia and Atlanta.

Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at www.pnfp.com.

About the Fortune 100 Best Companies to Work For® ™

Great Place to Work® selected the Fortune 100 Best Companies to Work For® by gathering and analyzing confidential survey responses from more than half a million employees at Great Place to Work-Certified™ organizations across the country. Company rankings are derived from over 60 employee experience questions within the Great Place to Work Trust Index™ survey. Read the full methodology.

About Great Place to Work®

Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™. Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210412005700/en/

Joe Bass

(615) 743-8219

[email protected]

KEYWORDS: United States North America Tennessee

INDUSTRY KEYWORDS: Banking Professional Services Human Resources Finance

MEDIA:

Posted on April 12, 2021 11:18 am

Third Century Bancorp Releases Earnings for the Quarter Ended March 31, 2021

Third Century Bancorp Releases Earnings for the Quarter Ended March 31, 2021

FRANKLIN, Ind.–(BUSINESS WIRE)–
(OTCPINK: TDCB) – Third Century Bancorp (“Company”), the holding company for Mutual Savings Bank (“Bank”), announced it recorded net income of $414,000 for the quarter ended March 31, 2021, or $0.35 per basic and diluted share, compared to net income of $453,000 for the quarter ended March 31, 2020, or $0.38 per basic and diluted share.

“Our earnings reflect consistent net income and solid quality asset growth which are the positive result we have achieved from the terrific effort given by our talented staff. I am proud to walk beside this group of bankers who continue to tell our story and how we can help people,” commented David A. Coffey, President and CEO. He also indicated, “We look forward to continuing this momentum during the rest of 2021.”

For the quarter ended March 31, 2021, net income decreased $39,000, or 8.61%, to $414,000 as compared to $453,000 for the same period in the prior year. The decrease in net income for the three-month period ended March 31, 2021 was driven primarily as result of the $228,000, or 14.87%, increase in non-interest expense. The increase in non-interest expense was due to an increase in overhead expenses. This increase was largely offset by an increase of $152,000 or 28.25% in non-interest income as compared to the same period in the prior year. The increase in non-interest income was driven primarily by a $82,000 or 27.42%, increase in gains on the sale of one-to-four family residential mortgage loans sold to Freddie Mac. Net interest income increased by $30,000, or 1.94% for the quarter ended March 31, 2021, to $1,576,000 as compared to $1,546,000 for the same period in the prior year.

The increase in net interest income for the quarter ended March 31, 2021 was partially offset by a $40,000 increase in the provision for loan losses compared to the same period in 2020 due to the economic conditions resulting from the current COVID-19 crisis. The Company had net loan recoveries of $1,000 during the quarter ended March 31, 2021 compared to net loan charge-offs of $26,000 for the same period in 2020. The Company expects that the current COVID-19 crisis may impact the future provision for loan losses and that credit quality factors may deteriorate in future periods.

Total assets increased $14.3 million to $223.8 million at March 31, 2021 from $209.6 million at December 31, 2020, an increase of 6.82%. The increase was primarily due to a $7.6 million, or 12.89%, increase in investment securities, available-for-sale, primarily funded by a $21.2 million, or 11.98%, increase in total deposits. Total deposits were $198.3 million at March 31, 2021, up from $177.1 million as of December 31, 2020. Federal Home Loan Bank advances were $5.0 million at March 31, 2021 as compared to $11.7 million at December 31, 2020. At March 31, 2021, the weighted average rate of all Federal Home Loan Bank advances was 1.45% compared to 1.21% at December 31, 2020, and the weighted average maturity was 5.0 years at March 31, 2021 compared to 3.5 years at December 31, 2020. Total loans held-for-investment grew to $141.7 million at March 31, 2021 from $138.8 million at December 31, 2020, an increase of 2.09%.

The increase in total loan balances was partially the result of loans originated through the Small Business Administration’s Paycheck Protection Program (“PPP”) in which the Company participated. The Company originated $8.6 million of PPP loans in the program in 2020, of which $2.1 million remained on the Company’s balance sheet as of March 31, 2021. The Company originated $3.9 million of PPP loans in the program in 2021, all of which remained on the Company’s balance sheet as of March 31, 2021. As of March 31 2021, a total of $6.0 million of PPP loans remained on the Company’s balance sheet with the remaining forgiven by the Small Business Administration.

The allowance for loan losses increased by $47,000, or 2.62%, to $1.8 million at March 31, 2021 from $1.8 million at December 31, 2020. The increase was primarily due to the increase in the provision for loan losses of $40,000 due to the economic conditions resulting from the current COVID-19 crisis. The allowance for loan losses totaled 1.29% of total loans as of March 31, 2021 and December 31, 2020. Nonperforming loans totaled $108,000 or 0.08% of total loans as of March 31, 2021 as compared to $111,000 or 0.08% as of December 31, 2020.

Stockholders’ equity was $19.9 million at March 31, 2021, down from $20.4 million at December 31, 2020. Stockholders’ equity decreased by $502,000 during the quarter ended March 31, 2021 as a result of net income of $414,000, and a decrease in net unrealized gain of $911,000 of available-for-sale securities due to the increase in market interest rates. These changes in stockholders’ equity were also offset by repurchased stock of $21,000 and stock awards of $16,000. Equity as a percentage of assets decreased to 8.92% at March 31, 2021 compared to 9.76% at December 31, 2020.

Founded in 1890, Mutual Savings Bank is a full-service financial institution based in Johnson County, Indiana. In addition to its main office at 80 East Jefferson Street, Franklin, Indiana, the Bank operates branches in Franklin at 1124 North Main Street, Trafalgar and Greenwood, Indiana.

This press release contains certain forward-looking statements that are based on assumptions and may describe future plans, strategies and expectations of the Company. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words like “believe,” “expect,” “anticipate,” “estimate” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could” or “may.” Certain factors that could cause actual results to differ materially from expected results include the COVID-19 pandemic, changes in the interest rate environment, changes in general economic conditions, legislative and regulatory changes that adversely affect the business of the Company and the Bank, and changes in the securities markets. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements to reflect changes in belief, expectations or events.

Condensed Consolidated Statements of Income
(unaudited, except for periods in the twelve months ended December 31, 2020)
In thousands, except per share data
		Three Months Ended
		March 31,			December 31,			March 31,
		2021			2020			2020
Selected Consolidated Earnings Data:
Total Interest Income		$	1,795		$	1,807		$	1,864
Total Interest Expense			219			224			318
Net Interest Income			1,576			1,583			1,546
Provision for Losses on Loans			45			60			5
Net Interest Income after Provision for Losses on Loans			1,531			1,523			1,541
Non-interest Income			690			784			538
Non-interest Expense			1,761			1,954			1,533
Income Tax Expense			46			42			94
Net Income		$	414		$	311		$	453
Earnings per basic and diluted share		$	0.35		$	0.26		$	0.38
Condensed Consolidated Balance Sheet
(unaudited, except for periods ended on or before December 31, 2020)
In thousands, except per share data
		March 31,			December 31,			March 31,
		2021			2020			2020
Selected Consolidated Balance Sheet Data:
Assets
Cash and Due from Banks		$	8,402		$	4,888		$	5,798
Investment Securities, Available-for-sale, at fair value			66,938			59,292			40,320
Loans Held-for-Sale			302			434			447
Loans Held-for-Investment			141,715			138,834			130,071
Allowance for Loan Losses			1,838			1,791			1,454
Net Loans			140,179			137,477			129,064
Accrued Interest Receivable			720			686			620
Other Assets			7,644			7,283			7,964
Total Assets		$	223,883		$	209,626		$	183,766
Liabilities
Noninterest-bearing Deposits		$	37,960		$	32,049		$	27,598
Interest-bearing Deposits			160,385			145,069			120,609
Total Deposits			198,345			177,118			148,207
FHLB Advances			5,000			11,705			17,500
Accrued Interest Payable			46			54			84
Accrued Expenses and Other Liabilities			519			274			552
Total Liabilities			203,910			189,151			166,343
Stockholders’ Equity – Net			19,973			20,475			17,423
Total Liabilities and Stockholders’ Equity		$	223,883		$	209,626		$	183,766
		Three Months Ended
		March 31,			December 31,			March 31,
		2021			2020			2020
Selected Financial Ratios and Other Data:
Interest rate spread during period			2.81%			2.91%			3.45%
Net yield on interest-earning assets			3.36%			3.49%			4.40%
Non-interest expense, annualized, to average assets			3.30%			3.74%			3.45%
Return on average assets, annualized			0.78%			0.59%			1.02%
Return on average equity, annualized			7.98%			6.25%			10.23%
Average equity to assets			9.72%			9.51%			9.98%
Average Loans		$	141,716		$	141,115		$	129,481
Average Securities			60,750			54,060			36,804
Average Other Interest-Earning Assets			10,941			11,950			3,182
Total Average Interest-Earning Assets			213,407			207,125			169,467
Average Total Assets			213,453			209,232			177,702
Average Noninterest-bearing Deposits		$	36,637		$	34,178		$	24,975
Average Interest-bearing Deposits			149,954			144,754			123,142
Average Total Deposits			186,591			178,932			148,117
Average Wholesale Funding			7,916			8,934			10,940
Average Interest-Bearing Liabilities			157,870			153,688			134,082
Average Interest-Earnings Assets to Average Interest-Bearings Liabilities			135.18%			134.77%			126.39%
Non-performaning loans to total loans			0.08%			0.08%			0.08%
Allowance for loan losses to total loans outstanding			1.29%			1.29%			1.12%
Allowance for loan losses to non-performing loans			1701.85%			1613.51%			1358.88%
Net loan chargeoffs/(recoveries) to average total loans outstanding			0.00%			0.00%			0.08%
Effective income tax rate			10.00%			11.90%			17.10%
Tangible book value per share		$	16.80		$	17.13		$	14.76
Market closing price at the end of quarter		$	14.20		$	15.00		$	11.40
Price-to-tangible book value			84.54%			87.54%			77.23%

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20210412005687/en/

David A. Coffey, President and CEO

Ryan W. Cook, Senior Vice President and CFO

Tel. 317-736-7151 Fax 317-736-1726

KEYWORDS: United States North America Indiana

INDUSTRY KEYWORDS: Banking Other Professional Services Professional Services Finance

MEDIA:

Posted on April 12, 2021 11:12 am

Clear Blue Smiles LLC Partners with GreenSky Patient Solutions® to Provide Thousands of Dentists with Access to Patient Financing

Clear Blue Smiles LLC Partners with GreenSky Patient Solutions^® to Provide Thousands of Dentists with Access to Patient Financing

ATLANTA–(BUSINESS WIRE)–
GreenSky, Inc. (NASDAQ: GSKY) and Clear Blue Smiles LLC today jointly announced a strategic alliance whereby Clear Blue Smiles LLC will partner with GreenSky Patient Solutions, LLC, a subsidiary of GreenSky, Inc. (“GreenSky”), a leading financial technology company Powering Commerce at the Point of Sale^®. By partnering with GreenSky Patient Solutions, Clear Blue Smiles LLC will be able to offer their partner dental and orthodontic offices attractive financing options for patients seeking high-quality, expert-driven orthodontics, remotely delivered.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210412005683/en/

“Clear Blue Smiles is the innovation that orthodontists need right now in order to stay relevant,” said Kevin Dillard, CEO and Co-Founder, Clear Blue Smiles. “We are helping dentists and orthodontists modernize their practices by giving them everything they need to treat patients remotely at the highest possible standard of care.”

The Clear Blue Smiles process requires all patients to undergo a comprehensive diagnostic exam, performed by dentists or orthodontists, prior to treatment. “With full diagnostics, orthodontists directing treatment, and robust ongoing monitoring, we believe our platform is the best of both worlds for doctors and their patients,” said Dr. William Crutchfield, Chief Clinical Officer and Co-Founder of Clear Blue Smiles LLC. “We know not all patients can be effectively treated remotely. That’s why we’re committed to having a rigorous disqualification process. Patient care is our absolute top priority,” he added.

Clear Blue Smiles LLC is working with other leading companies in orthodontics including Dental Monitoring, Greyfinch, a practice management software company and SureSmile clear aligners to create this new direct-to-provider platform. In addition to top-notch orthodontic companies, Clear Blue Smiles LLC is also working with other partners to further their focus on corporate social responsibility. Plastic is great for moving teeth, but not great for the environment. As such, they have committed to removing plastic from the environment by working with Healthy Human LLC, Dorsal Bracelets, the Ocean Blue Project, and Cocofloss.

About Clear Blue Smiles LLC

Clear Blue Smiles was founded by three orthodontic industry experts, with the vision of establishing the highest level of standard of care in the remote treatment and monitoring of orthodontic patients. Additionally, the company is working to reduce the amount of plastic pollution in the environment through using sustainable packaging and funding river, lake, and beach cleanups nationwide.

About GreenSky, Inc.

GreenSky, Inc. (NASDAQ: GSKY) is a leading technology company Powering Commerce at the Point of Sale^® for a growing ecosystem of merchants, consumers and banks. Our highly scalable, proprietary technology platform enables thousands of active merchants and elective health care providers to offer frictionless promotional payment options to consumers, driving increased sales volume and accelerated cash flow. Banks leverage GreenSky’s technology to provide loans to super-prime and prime consumers nationwide. Since our inception, over 3.7 million consumers have financed nearly $28 billion of commerce using our paperless, real time “apply and buy” technology. GreenSky is headquartered in Atlanta, Georgia. For more information, visit https://www.greensky.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210412005683/en/

Dennis Kelly

President, GreenSky Patient Solutions, LLC

(404) 832-4154

[email protected]

KEYWORDS: United States North America Georgia

INDUSTRY KEYWORDS: Software Finance Health Banking Data Management Professional Services Technology Dental

MEDIA:

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One Year Into the Pandemic, Groupon Study Shows People Are Ready for JODO (Joy of Doing the Ordinary)

• According to a new Groupon survey 75% of Americans are ‘So #@$%ing Ready’ for ordinary moments to return
• Good news for small businesses as nearly 60% of those surveyed are more inclined to support local merchants than they were prior to the pandemic
• Groupon giving away $150,000 to encourage consumers to shop locally and awarding $100,000 to small businesses

CHICAGO–(BUSINESS WIRE)–
As COVID-19 restrictions continue to lift nationwide, experiences marketplace Groupon today announced the launch of its ‘So #@$%ing Ready’ campaign, a four-week initiative aimed at helping consumers go from FOMO (Fear of Missing Out) to JODO (Joy of Doing the Ordinary). Throughout the month-long campaign, Groupon will be supporting local merchants by connecting them with consumers who are looking to get back to some sense of normalcy by taking on new experiences or engaging in routine activities offered by their favorite neighborhood small businesses.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210412005680/en/

To help merchants [across America] serve up the local experiences Americans are most eager to do post-COVID-19, Groupon surveyed more than 2,000 people across the U.S. Activities that bring friends and family together topped the list. In fact, Groupon has found that 71% of Americans are ‘So #@$%ing Ready’ to get back to their everyday lives. Another 74% said they will never take ordinary experiences such as eating at a restaurant, getting a haircut outside of their garage, going to the movies or taking a group fitness class for granted ever again. And this bodes well for local economies as nearly 60% of totalrespondents said they are more inclined to support small businesses than they were prior to the pandemic.

To provide some JODO inspiration, Groupon uncovered the top-25 activities that people plan to do as soon as restrictions ease and things begin to return to normal. The experiences people are excited about vary from the unique and daring to the simple and everyday.

Once pandemic restrictions have been fully lifted in their area, here’s what respondents are ‘So #@$%ing Ready’ to do first:

• Hugging friends and family (41%)
• Trying a new restaurant (33%)
• Going to the movies (32%)
• Experiencing the holidays as a big family (29%)
• Seeing people’s faces in public (28%)
• Hanging out with more than six people (26%)
• Staying at a hotel or resort (26%)
• Going to brunch with friends (23%)
• Traveling across the country to see family (23%)
• Attending a concert (20%)

Other interesting survey findings included: women are more likely than men (31% vs. 11%) to return to clothes shopping, while men are slightly more likely than women (16% vs. 14%) to be excited about sipping cocktails at the bar. Three percent of survey respondents said they’re excited to fly in a helicopter. And heartbreakingly, and perhaps indicative of the pandemic’s disproportionate impact on older Americans, 45% of respondents ages 60 and above said they are most looking forward to hugging their loved ones.

“From economic hardship to emotional distress, we have all felt the weight of the past year, and the lives of so many have profoundly changed forever,” said Brian Fields, Chief Commercial Officer at Groupon. “These days, we are finding joy in doing the ordinary as we march toward normalcy. As more people become vaccinated and restrictions are responsibly lifted, we know that people are ready to get back to life. From everyday joy to extraordinary adventures, we want to help consumers find amazing experiences at local merchants eager to begin rebuilding their businesses. While the economy is showing some early signs of recovery, our ‘So #@$%ing Ready’ campaign is about embracing the future and celebrating life, while creating unprecedented opportunities for consumers to re-engage with and support local businesses.”

Each week, the campaign will highlight a unique category available in Groupon’s experiences marketplace: Self-Care, Things To Do, Food & Drink and Outdoor Adventures. As part of the campaign, Groupon will be giving away $150,000 in sweepstakes prizes* to encourage consumers to connect with local merchants. In addition, Groupon will give away $100,000 to small businesses** to help them with their most pressing needs, including making ends meet, hiring more people or expanding their business.

To enter the sweepstakes, consumers are required to complete a weekly survey beginning on April 12 to rank what activities or services related to each week’s theme they’re so #@$%ing ready to get back to doing. Consumers can enter once per week to be entered for a chance to win one of the 25 weekly prizes as well as the $100,000 cash grand prize. Additionally, after entering, consumers will be emailed a unique link to share with their friends, enabling them to earn bonus entries for referrals who complete the survey.***

To nominate a business for a chance to win one of the 10 prizes of $10,000 that Groupon is giving away to small businesses, consumers are asked to comment on the giveaway’s Facebook post or create an Instagram or Twitter post, tagging @Groupon and a local business they are #SoBleepingReady to start frequenting again and sharing what they love about the business. Consumers must also include the hashtags #SoBleepingReady and #Giveaway in the Instagram or Twitter post for the business they’re nominating to be eligible to win.

For more information about the ‘So #@$%ing Ready’ campaign and to shop participating businesses, visit gr.pn/SoBleepingReady.

*Consumer Sweepstakes: NO PURCHASE NECESSARY. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. Odds of winning depend on the total number of entries received. Void where prohibited. Open only to legal residents of the fifty United States or District of Columbia, who are 18 years of age or older at time of entry. The Groupon So Bleeping Ready Sweepstakes begins at 12:00:00 AM ET on 4/12/21 and ends at 11:59:59 PM ET on 5/9/21. Sponsored by Groupon, Inc. For complete details, see Official Rules at grouponrules.dja.com.

**Small Business Giveaway: NO PURCHASE NECESSARY. A PURCHASE WILL NOT INCREASE THE CHANCES OF WINNING. Void where prohibited. The So Bleeping Ready Small Business Giveaway begins 12:00 AM ET on 4/12/21 and ends 11:59 PM ET on 5/9/21. The nomination portion of the promotion is open to legal residents of the U.S./DC, 18+ or age of majority. Limit one nomination of a Small Business per person. Small Businesses must have one hundred (100) or fewer employees, be at least 51% owned by one or more individuals rather than another business entity, be located in the 50 U.S./DC and meet all eligibility requirements as further specified in the Official Rules. The Sponsor of the promotion is Groupon, Inc., 600 W. Chicago Ave. Ste. 400, Chicago, IL 60654. For complete details, see Official Rules at merchantrules.dja.com.

*** Bonus entries are limited to 5 each week for the weekly prize drawings and 5 each week for the Grand Prize drawing.

About Groupon:

Groupon (NASDAQ: GRPN) is an experiences marketplace where consumers discover fun things to do and local businesses thrive. For our customers, this means giving them an amazing selection of experiences at great values. For our merchants, this means making it easy for them to partner with Groupon and reach millions of consumers around the world.

For more information about the campaign, including an infographic, media assets and available interview opportunities, please visit here.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210412005680/en/

Nick Halliwell

[email protected]

Brittanae Casper

[email protected]

KEYWORDS: United States North America Illinois

INDUSTRY KEYWORDS: Marketing Advertising Communications Entertainment Fashion Small Business Retail General Entertainment Restaurant/Bar Other Professional Services Film & Motion Pictures Vacation Other Consumer Women Professional Services Seniors Travel Men Family Consumer Online Retail Music Other Retail Events/Concerts

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As COVID-19 restrictions continue to lift, a new Groupon survey shows 75% of Americans are ‘So #@$%ing Ready’ for the ordinary moments to return. (Graphic: Business Wire).