P3 Health Partners Inc. announced on May 7, 2024, the Board of Directors of the company appointed Aric Coffman, M.D.as Chief Executive Officer and President of the Company, effective May 8, 2024. In connection with his appointment, the Board designated Dr. Coffman as principal executive officer of the Company. Dr. Coffman succeeds Sherif Abdou, M.D., who resigned from hispositions as Chief Executive Officer and President of the Company effective as of the Effective Time.

Dr. Abdou?s resignation did not result from any disagreement with the Company on any matter relating to the Company?s operations, policies or practices. Dr. Abdou will remain on the Board and, in connection with the foregoing transition, the Board appointed Dr. Abdou as Vice Chairperson of the Board. Dr. Abdou will serve as Senior Advisor to the Company?s board of directors and Chief Executive Officer pursuant to a Consulting Agreement entered into with the Company, as further described below in the section titled ?Abdou Consulting Agreement.?

Prior to joining the Company, Dr. Coffman, age 51, most recently, from December 2021 until April 2024, served as Chief Executive Officer and as a director of Honest Medical Group, a physician led value-based care enablement organization. Prior to the Honest Medical Group, Dr. Coffman served in various roles at DaVita Medical Group, one of the nation?s leading independent medical groups, including as Chief Executive Officer of The Everett Clinic and President of the Washington Market, from January 2018 to July 2019, when DaVita Medical Group was acquired by Optum Inc., a leading health services company. Following the Optum Inc. acquisition, Dr. Coffman continued to serve as Chief Executive Officer of The Everett Clinic and also as Executive Vice President of The Pacific Northwest from December 2019 until December 2021.

Dr. Coffman holds a Bachelor of Science in Chemistry and a Doctor of Medicine from the University of Oklahoma and an MBA from the University of Texas at Dallas.