Bakkt Holdings dismisses KPMG as auditor; appoints Grant Thornton LLP

Bakkt, Inc.

Dismissed KPMG effective June 9, 2025; FY2024 audit report was unqualified with no adverse opinion.
No disagreements with KPMG during FY2024 or through June 9, 2025 interim period.
Only reportable event was material weakness in internal controls disclosed in Q1 2024 10-Q.
Appointed Grant Thornton LLP as independent auditor for FY2025, effective June 9, 2025.
KPMG furnished a letter to the SEC, filed as Exhibit 16.1, agreeing with disclosure statements.

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