MarketWise stockholders approve 1-for-20 reverse stock split and authorized share reduction

MARKETWISE, INC.

Reverse stock split at 1-for-20 approved with ~99.7% of votes cast in favor.
Authorized shares reduced: total from 1.35B to 162.5M; Class A from 950M to 47.5M; Class B from 300M to 15M.
Board retains discretion on timing of implementation and may abandon the reverse split.
Both proposals passed overwhelmingly; adjournment proposal approved but not needed.
Special meeting held March 20, 2025; record date February 27, 2025.

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