Privia Health enters strategic alignment with Novant; equity tied to provider milestones

Privia Health Group, Inc.

Privia will issue 745,712 shares per 1,000 providers implemented in NC core markets.
Issues 372,856 shares upon entering each new state joint venture with Novant.
Additional 745,712 shares for 1,000 providers in new state core markets.
Total shares issuable capped at 19.9% of outstanding common stock.
Shares locked up for 3 years; issued under Section 4(a)(2) exemption.

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