Victory Capital Holdings, Inc.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 22, 2026, Dominique Carrel-Billiard notified the Board of Directors (the “Board”) of Victory Capital Holdings, Inc. (the “Company”) of his intent to resign effective July 23, 2026 due to him leaving Amundi. Mr. Carrel-Billiard’s resignation was not a result of any disagreement with the Company or any matter relating to the Company's operations, policies, or practices. The Company thanks Mr. Carrel-Billiard for his service. On July 23, 2026, the Board upon recommendation of the Nominating & Governance Committee of the Board (the “Nominating Committee”), approved the appointment of Nicolas Calcoen as a member of the Board, effective as of July 23, 2026. Mr. Calcoen currently serves as the Deputy Chief Executive Officer, Head of Strategy, Finance and Control Division of Amundi and has been appointed as a Class III director with a term of office expiring at the Company’s 2027 Annual Meeting of Stockholders. As Deputy Chief Executive Officer of Amundi and previously a senior executive of Amundi, Mr. Calcoen has extensive expertise in banking and asset management. Mr. Calcoen holds a bachelor's degree in Public Service and Administration from Institut d’Etudes Politiques - Paris, a Master's of Science degree in Economics and International Business from Institut d’Etudes Politiques - Paris, and a post graduate professional degree with the National School of Administration for State & Senior Civil Service. The Board of Directors believe that Mr. Calcoen’s extensive experience in the financial services industry provides him with the qualifications and skills to serve on the Board. In connection with his appointment to the Board, Mr. Calcoen has elected to waive any right to any compensation from the Company in connection with his service as a non-employee director of the Company. The Company has entered into an indemnification agreement with Mr. Calcoen in substantially the same form as entered into by the Company with its other directors. There are no related party transactions that would be required to be disclosed under Item 404(a) of Reg. S-K with respect to Mr. Calcoen.

Item 7.01 Regulation FD Disclosure. On July 23, 2026, the Company issued a press release announcing the resignation of Mr. Carrel-Billiard as director of the Company’s Board and the appointment of Mr. Calcoen as a director of the Company's Board. A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Item 7.01 and Exhibit 99.1 attached hereto is intended to be furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such filing.