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Subject: Business Update

Found Joins the Innovators' Network at American Heart Association Center for Health Technology & Innovation as the First Medical Weight Loss Solution Member


Found, a medically-assisted weight loss program, today announced it has joined the American Heart Association Center for Health Technology & Innovation's (the Center) Innovators' Network. The Center is focused on building and fostering health technology relationships to develop innovative and scalable solutions and Found is the first medical weight loss solution member.

The Innovators' Network is a health care technology consortium that connects entrepreneurs, providers, researchers and payers. Innovators' Network members also have access to the Association's digital guidelines, recommendations, and best-in-class science as they develop digital healthcare technologies. Members collaborate with the Center in different ways, including the building of models for clinical outcome studies, lowering the significant cost of developing those studies independently, helping connect the science to technology, and providing evidence that a digital platform improves healthcare outcomes ? a key concern for providers and payers.

"Found leads the industry when it comes to clinically rigorous obesity care, responsible prescribing, and our comprehensive approach to treating obesity as a chronic disease," said Sarah Jones Simmer, CEO of Found. "We look forward to learning from and collaborating with other innovators while leveraging the world-class science and technology the Innovators' Network offers as Found expands access to clinical obesity care through our world-class telehealth platform."

"The Center aims to advance the rapid, efficient, and effective development of healthcare technology," said Robert A. Harrington, M.D., FAHA, volunteer past president of the American Heart Association (2019-2020), chair of the American Heart Association's Health Tech Advisory Group for the Center and Arthur L. Bloomfield professor and chair department of medicine, Stanford University. "Joining the Innovators' Network gives members like Found the opportunity to leverage the consortium and work toward broadening and deepening their engagement in this arena."

Found is one of the largest medically-assisted weight loss clinics in the United States and has served more than 200,000 members since its launch in 2020. Modeled after leading academic medical center obesity care clinics, it offers a comprehensive toolkit of 13 different medications, including both generics and GLP-1s, that can be combined to create more than 60 different treatment paths.

All Found Prescription Programs are integrated care plans that combine biology and behavior change tailored to members' unique biologies and lifestyles. Found also provides health coaching to educate and reframe members' relationship with food, appreciating their relationship with their body, mindfulness and mental health, sleep, and more.

About Found

Found is an evidence-based weight care solution that combines the best of modern medicine with lasting behavior change, access to personalized coaching and a supportive community. Centered around clinical care, Found provides its members with a comprehensive weight loss program that delivers long term, sustainable results. Found designs personalized treatments around every factor that makes people unique, including biology, medical history, mental health, existent lifestyle, goals and more. Found's members are supported by a team that includes providers to prescribe safe medication, and the best of consumer technology to provide behavioral health interventions delivered through our app for guidance on nutrition, movement, sleep and emotional health. Found is one of the largest medically-assisted weight loss clinics in the country, serving more than 200,000 Americans to-date. For more information, visit www.joinfound.com.



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