WM Technology (MAPS) Proxy Filing summary

Audit committee and external auditor matters

• Moss Adams LLP merged with Baker Tilly US, LLP on June 3, 2025, and the combined audit practice now operates as Baker Tilly US, LLP.

• Moss Adams resigned as auditor following the merger; Baker Tilly was appointed as the new independent registered public accounting firm for the fiscal year ending December 31, 2025.

• Moss Adams' audit reports for 2023 and 2024 were unqualified for financial statements but adverse for internal control effectiveness due to material weaknesses.

• No disagreements or reportable events occurred with Moss Adams regarding accounting principles, disclosures, or audit scope during the relevant periods.

• A representative of Baker Tilly will attend the annual meeting to address shareholder questions.

Voting matters and shareholder proposals

• Proposal No. 3 now seeks ratification of Baker Tilly as the independent registered public accounting firm for 2025, replacing Moss Adams due to the merger.

• The board recommends a vote "For" Proposal No. 3 to ratify Baker Tilly's appointment.

• Proxies already submitted remain valid; votes for or against Proposal No. 3 will apply to Baker Tilly as the successor firm.

• Abstentions on Proposal No. 3 will have the same effect as a vote against the proposal.

Risk oversight and compliance

• Internal control over financial reporting was found ineffective as of December 31, 2023 and 2024, due to material weaknesses.

• No consultations with Baker Tilly occurred prior to their appointment regarding accounting principles or audit opinions.