Risk Factors Update Summary

• Increased expenses expected in the future may impact profitability significantly. This could lead to ongoing operating losses.
• Identified material weakness in internal control over financial reporting as of December 31, 2023.
• Difficulty securing contracts with MA payors may result in revenue losses. Membership reduction poses a significant risk.
• Change in ownership threshold from 40% to 5% may impact control and decision-making.
• Transition to Total Care Model may be challenging for physician partners, impacting patient outcomes.
• Change from "board of directors" to "Board of Directors" for clarity and formality.
• Inability to secure additional capital may hinder business growth and operations.
• Reliance on limited key payors and terms of contracts may impact membership attribution and claims payment.
• Risks related to industry consolidation, government reimbursement changes, and economic conditions could affect financial performance.
• Legal and regulatory risks, including compliance with fraud and abuse laws, could lead to penalties and liability.