On March 7, 2023, MarketWise, Inc. appointed Stephen M. Park, age 60, to serve as interim Chief Financial Officer of the company, effective immediately. Consistent with the foregoing, Mr. Park became the principal financial officer and principal accounting officer of the company as of March 7, 2023. The Board has retained a leading executive search firm to assist in the search for a permanent Chief Financial Officer.

Since January 2022, Mr. Park has served as a financial consultant for Business Talent Group, LLC, where he has assisted clients with IPO readiness, financial statement reporting and audit management. Prior to his work with Business Talent Group, Mr. Park served as an independent consultant from May 2020 to January 2022 and as the Chief Financial Officer of ProEM Party and Event Rentals from January 2018 to May 2020. Mr. Park has also served as Chief Financial Officer of several other privately held companies and as an Audit Partner at Ernst & Young, LLP.

Mr. Park has been, and will remain, employed by Business Talent Group and will be providing his services pursuant to a Consulting Services Agreement between the Company's subsidiary, MarketWise, LLC, and Business Talent Group.