(d)

On March 30, 2017, the Board of Directors (the “Board”) of Q2 Holdings, Inc. (the “Company”) resolved to increase the size of the Board from eight directors to nine, and appointed R. Lynn Atchison as a director to fill the vacancy created upon the expansion in the size of the Board. Ms. Atchison will serve as a Class III director with a term expiring at the Company’s 2017 Annual Meeting of Stockholders. The Board determined that Ms. Atchison is independent in accordance with the applicable rules of the New York Stock Exchange (“NYSE”). The Company’s Board has not yet determined on which Board committees, if any, Ms. Atchison will serve.

Ms. Atchison was not selected as a director to any arrangements or understandings with the Company or with any other person, and there are no related party transactions between Ms. Atchison and the Company that would require disclosure under Item 404(a) of Regulation S-K.

Ms. Atchison will receive cash and equity compensation for her services on the Board in accordance with the Company’s current standard director compensation package consisting of $30,000 in annual cash compensation paid in arrears (pro-rated for any partial year of service), and an annual equity award of $125,000 in restricted stock units (pro-rated for any partial year of service) which vests in four equal quarterly installments commencing on the date three months from the date of grant (with vesting pro-rated for any partial year of service) (the “RSUs”). The number of RSU shares is determined by dividing the applicable dollar amount of the award by the closing price of our common stock on the NYSE on the date of grant.

About Q2 HOLDINGS, INC. (NYSE:QTWO)

Q2 Holdings, Inc. is a provider of secure, cloud-based virtual banking solutions. The Company enables regional and community financial institutions (RCFIs) to deliver a range of virtual banking services. The Company delivers virtual banking solutions across online, mobile, voice and tablet channels. The Company’s solutions are the point of interaction between its RCFI customers and their account holders. Its software-as-a-service (SaaS) delivery model is designed to scale with its customers as they add account holders on its solutions. The Company sells subscriptions to its cloud-based solutions through its direct sales organization. Its solutions include Q2online, Q2 Risk & Fraud Analytics, Q2 Treasury, Q2mobility App, Q2mobile Remote Deposit Capture, Q2text, Q2voice, Q2themes and Q2clarity. The Company’s solutions provide both behavioral analytics and policy-based decision prompts to identify suspect transactions and allow RCFI administrators to analyze transaction activity.

Q2 HOLDINGS, INC. (NYSE:QTWO) Recent Trading Information

Q2 HOLDINGS, INC. (NYSE:QTWO) closed its last trading session up +0.15 at 35.00 with 194,361 shares trading hands.