In re Mindbody, Inc., Stockholder Litigation

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COURT OF CHANCERY OF THE STATE OF DELAWARE KATHALEEN ST. JUDE MCCORMICK CHANCELLOR LEONARD L. WILLIAMS JUSTICE CENTER 500 N. KING STREET, SUITE 11400 WILMINGTON, DELAWARE 19801-3734 November 29, 2021 Joel Friedlander, Esquire Jeffrey M. Gorris, Esquire Christopher M. Foulds, Esquire Friedlander & Gorris, P.A. 1201 North Market Street, Suite 220 Wilmington, DE 19801 Gregory V. Varallo, Esquire Bernstein Litowitz Berger & Grossmann LLP 500 Delaware Avenue, Suite 901 Wilmington, DE 19801 Re: Lisa A. Schmidt, Esquire Robert L. Burns, Esquire Matthew D. Perri, Esquire John M. O’Toole, Esquire Richards, Layton & Finger, P.A. One Rodney Square 920 North King Street Wilmington, Delaware 19801 Ryan D. Stottmann, Esquire Alexandra Cumings, Esquire Morris, Nichols, Arsht & Tunnell LLP 1201 North Market Street Wilmington, DE 19801 In re Mindbody, Inc., Stockholder Litigation, Cons. C.A. No. 2019-0442-KSJM Dear Counsel: This letter resolves Defendant Richard Stollmeyer’s Motion for Summary Judgment. The motion is DENIED.1 IT IS SO ORDERED. 1 This result should not come as a surprise. See Cons. C.A. No. 2019-0442-KSJM, Docket 396, Tr. of July 13, 2021 Scheduling Teleconference at 25:11–24 (granting Stollmeyer leave to move for summary judgment, but warning that “[t]he likelihood of me granting summary judgment in advance of a bench trial is extremely low, given the facts in play,” explaining that it is “extraordinarily unlikely” and a “slim chance” that I would view the material facts concerning the claims against Stollmeyer as undisputed, and stating that the “likely outcome of that motion is a one-word ruling from me: denied.”). Cons. C.A. No. 2019-0442-KSJM November 29, 2021 Page 2 of 2 Sincerely, /s/ Kathaleen St. Jude McCormick Kathaleen St. Jude McCormick Chancellor cc: All counsel of record (by File & ServeXpress)

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