On June 15, 2023, FCM MM Holdings, LLC announced that at its annual general meeting (AGM), Mind Medicine (MindMed) Inc. failed to satisfy the basic legal requirement for shareholders to take action at the meeting – the presence of 1/3 of its shares at the AGM. FCM MM Holdings stated that it contends this extraordinarily low level of shareholder participation reflects deep shareholder dissatisfaction and the Company’s persistent refusal to meaningfully engage with shareholders. FCM MM Holdings also urged shareholders to vote on FCM MM Holdings’ proxy to support its plan to restore value for all shareholders.