On June 9, 2023, Robert Madore, Interim Chief Financial Officer of F45 Training Holdings Inc. (the “Company”), notified the Company that he would be resigning from his position as Interim Chief Financial Officer. Mr. Madore will continue in his capacity as Interim Chief Financial Officer to assist the Company during a transition period of 30 days. In connection with this transition period, the Company will pay Mr. Madore $50,000.

The Board of Directors of the Company will be working with Mr. Madore during this transition in connection with the Company's search for a permanent Chief Financial Officer.