Effective June 6, 2019, interest rates on the LendingClub Corporation (“LendingClub”) platform have been updated to reflect an increase between 0.40% and 0.55% for loan grades C1 – C5.

Set forth below is a chart showing the interest rates assigned to standard program loans for each of the LendingClub loan grades.

Illustration of Servicing Fee and Annual Returns for Fully Performing Loans of Each Loan Grade

The following tables illustrate hypothetical annual return information with respect to our Member Payment Dependent Notes (“Notes”), grouped by LendingClub grade and term. The information in these tables is not based on actual results for investors and is presented only to illustrate the effects of LendingClub’s 1.00% servicing fee by grade on hypothetical annual Note returns. By column, each table presents:

•loan grades;

•the annual stated interest rate;

•the hypothetical annual returns on Notes, net of LendingClub’s servicing fee.

Three Year Term

* Impact of Note servicing fees is computed using the loan’s contractual cashflows; no charge-off losses or prepayments are projected over the loan’s life that would otherwise affect the loan’s projected cashflows.

Five Year Term

* Impact of Note servicing fees is computed using the loan’s contractual cashflows; no charge-off losses or prepayments are projected over the loan’s life that would otherwise affect the loan’s projected cashflows.

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About LendingClub Corporation (NYSE:LC)

LendingClub Corporation (Lending Club) provides online marketplace to connect borrowers and investors. Consumers and small business owners borrow through Lending Club. Investors use Lending Club to earn risk-adjusted returns from an asset class that is only available on a limited basis to large institutional investors. Its technology automates aspects of operations, including the borrower application process, data gathering, credit decisioning and scoring, loan funding, investing and servicing, regulatory compliance and fraud detection. Its platform offers analytical tools and data to enable investors to make decisions and assess their portfolios. Its technology platform has allowed it to expand its offerings from personal loans to include small business loans, and to expand investor classes from individuals to institutions and create various investment vehicles. Its solution offers an online application process and provides borrowers with access to live support and online tools.