Exhibit 99.1 P3 Analyst Day Presentation September 2021 Who: People with Passion and Purpose What: Dedicated to Transforming Healthcare for Patients, Providers, and Payors How: Patient-Centric, Physician-Led, and Population Health Management FocusedExhibit 99.1 P3 Analyst Day Presentation September 2021 Who: People with Passion and Purpose What: Dedicated to Transforming Healthcare for Patients, Providers, and Payors How: Patient-Centric, Physician-Led, and Population Health Management Focused


Disclaimer BASIS OF PRESENTATION This presentation is provided for informational purposes only and has been prepared to assist interested parties in making their own evaluation with respect to a potential business combination (the “proposed business combination”) between P3 Health Partners (“P3”) and Foresight Acquisition Corp. (“Foresight” or “SPAC”), and related transactions, and for no other purpose. No representations or warranties, express or implied are given in, or in respect of, this presentation. To the fullest extent permitted by law, in no circumstances will P3, Foresight or any of their respective subsidiaries, stockholders, affiliates, representatives, partners, directors, officers, employees, advisers or agents be responsible or liable for any direct, indirect or consequential loss or loss of profit arising from the use of this presentation, its contents, its omissions, reliance on the information contained within it, or on opinions communicated in relation thereto or otherwise arising in connection therewith. Industry and market data used in this presentation have been obtained from third party industry publications and sources. None of P3 or Foresight has independently verified the data obtained from these sources and cannot assure you of the data’s accuracy or completeness. This data is subject to change. In addition, this presentation does not purport to be all-inclusive or to contain all of the information that may be required to make a full analysis of P3 or the proposed business combination. Recipients of this presentation should each make their own evaluation of P3 and of the relevance and adequacy of the information and should make such other investigations as they deem necessary. FORWARD-LOOKING STATEMENTS Any investment in or purchase of any securities of P3 or Foresight is speculative and involves a high degree of risk and uncertainty. This presentation includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of financial and performance metrics, projections of market opportunity and market share, expectations and timing related to site build-outs and capacity deployment, potential benefits of the transaction and the potential success of P3's strategy and expectations related to the terms and timing of the proposed business combination and related transactions. These statements are based on various assumptions, whether or not identified in this presentation, and on the current expectations of P3’s and Foresight’s management and are not predictions of the actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of P3 and Foresight. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political, legal and regulatory conditions; the inability of the parties to successfully or timely consummate the proposed business combination, including the risk that the conditions to the proposed business combination are not satisfied or waived, including that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed business combination or that the approval of the stockholders of Foresight is not obtained; failure to realize the anticipated benefits of the proposed business combination; risks related to the effects and uncertainties created by the ongoing COVID-19 pandemic; risks relating to the uncertainty of the projected financial information with respect to P3; risks related to the rollout of P3’s business and the timing of expected business milestones; risks related to P3’s commercial partnerships, including the inability of P3 and commercial counterparties to enter into definitive agreements; future global, regional or local economic and market conditions; the development, effects and enforcement of laws and regulations; P3’s ability to manage future growth; P3’s ability to develop new products and solutions, bring them to market in a timely manner, and make enhancements to its platform; the effects of competition on P3’s future business; the amount of redemption requests made by Foresight’s public stockholders; the ability of Foresight or the combined company to issue equity or equity-linked securities in connection with the proposed business combination or in the future; the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; and those factors discussed in Foresight’s Annual Report on Form 10-K for the year ended December 31, 2020 and filed with the SEC on April 6, 2021 (the “Annual Report”) under the heading “Risk Factors,” Preliminary Proxy Statement on Schedule 14A filed with the SEC on August 12, 2021 under the heading “Risk Factors,” and other documents of Foresight filed, or to be filed, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that neither Foresight nor P3 presently know or that Foresight and P3 currently believe are immaterial that could also cause actual results to differ from those contained in the forward- looking statements. In addition, forward-looking statements reflect Foresight’s and P3’s expectations, plans or forecasts of future events and views as of the date of this presentation. Foresight and P3 anticipate that subsequent events and developments will cause Foresight’s and P3’s assessments to change. However, while Foresight and P3 may elect to update these forward-looking statements at some point in the future, Foresight and P3 specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Foresight’s and P3’s assessments as of any date subsequent to the date of this presentation. Accordingly, undue reliance should not be placed upon the forward- looking statements. 1Disclaimer BASIS OF PRESENTATION This presentation is provided for informational purposes only and has been prepared to assist interested parties in making their own evaluation with respect to a potential business combination (the “proposed business combination”) between P3 Health Partners (“P3”) and Foresight Acquisition Corp. (“Foresight” or “SPAC”), and related transactions, and for no other purpose. No representations or warranties, express or implied are given in, or in respect of, this presentation. To the fullest extent permitted by law, in no circumstances will P3, Foresight or any of their respective subsidiaries, stockholders, affiliates, representatives, partners, directors, officers, employees, advisers or agents be responsible or liable for any direct, indirect or consequential loss or loss of profit arising from the use of this presentation, its contents, its omissions, reliance on the information contained within it, or on opinions communicated in relation thereto or otherwise arising in connection therewith. Industry and market data used in this presentation have been obtained from third party industry publications and sources. None of P3 or Foresight has independently verified the data obtained from these sources and cannot assure you of the data’s accuracy or completeness. This data is subject to change. In addition, this presentation does not purport to be all-inclusive or to contain all of the information that may be required to make a full analysis of P3 or the proposed business combination. Recipients of this presentation should each make their own evaluation of P3 and of the relevance and adequacy of the information and should make such other investigations as they deem necessary. FORWARD-LOOKING STATEMENTS Any investment in or purchase of any securities of P3 or Foresight is speculative and involves a high degree of risk and uncertainty. This presentation includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of financial and performance metrics, projections of market opportunity and market share, expectations and timing related to site build-outs and capacity deployment, potential benefits of the transaction and the potential success of P3's strategy and expectations related to the terms and timing of the proposed business combination and related transactions. These statements are based on various assumptions, whether or not identified in this presentation, and on the current expectations of P3’s and Foresight’s management and are not predictions of the actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of P3 and Foresight. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political, legal and regulatory conditions; the inability of the parties to successfully or timely consummate the proposed business combination, including the risk that the conditions to the proposed business combination are not satisfied or waived, including that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed business combination or that the approval of the stockholders of Foresight is not obtained; failure to realize the anticipated benefits of the proposed business combination; risks related to the effects and uncertainties created by the ongoing COVID-19 pandemic; risks relating to the uncertainty of the projected financial information with respect to P3; risks related to the rollout of P3’s business and the timing of expected business milestones; risks related to P3’s commercial partnerships, including the inability of P3 and commercial counterparties to enter into definitive agreements; future global, regional or local economic and market conditions; the development, effects and enforcement of laws and regulations; P3’s ability to manage future growth; P3’s ability to develop new products and solutions, bring them to market in a timely manner, and make enhancements to its platform; the effects of competition on P3’s future business; the amount of redemption requests made by Foresight’s public stockholders; the ability of Foresight or the combined company to issue equity or equity-linked securities in connection with the proposed business combination or in the future; the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; and those factors discussed in Foresight’s Annual Report on Form 10-K for the year ended December 31, 2020 and filed with the SEC on April 6, 2021 (the “Annual Report”) under the heading “Risk Factors,” Preliminary Proxy Statement on Schedule 14A filed with the SEC on August 12, 2021 under the heading “Risk Factors,” and other documents of Foresight filed, or to be filed, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that neither Foresight nor P3 presently know or that Foresight and P3 currently believe are immaterial that could also cause actual results to differ from those contained in the forward- looking statements. In addition, forward-looking statements reflect Foresight’s and P3’s expectations, plans or forecasts of future events and views as of the date of this presentation. Foresight and P3 anticipate that subsequent events and developments will cause Foresight’s and P3’s assessments to change. However, while Foresight and P3 may elect to update these forward-looking statements at some point in the future, Foresight and P3 specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Foresight’s and P3’s assessments as of any date subsequent to the date of this presentation. Accordingly, undue reliance should not be placed upon the forward- looking statements. 1


Disclaimer USE OF PROJECTIONS AND DESCRIPTION OF KEY CONTRACTS AND PARTNERSHIPS This presentation contains projected financial information with respect to P3, namely revenue and EBITDA for 2021. Such projected financial information constitutes forward-looking information, and is for illustrative purposes only and should not be relied upon as necessarily being indicative of future results. The assumptions and estimates underlying such projected financial information are inherently uncertain and are subject to a wide variety of significant business, economic, competitive and other risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. See “Forward-Looking Statements” above. Actual results may differ materially from the results contemplated by the projected financial information contained in this presentation, and the inclusion of such information in this presentation should not be regarded as a representation by any person that the results reflected in such projections will be achieved. Neither the independent auditors of Foresight nor the independent auditors of P3, audited, reviewed, compiled, or performed any procedures with respect to the projections for the purpose of their inclusion in this presentation, and accordingly, neither of them expressed an opinion or provided any other form of assurance with respect thereto for the purpose of this presentation. This presentation contains descriptions of certain key business partnerships of P3. These descriptions are based on the P3 management team’s discussions with such counterparties and the latest available information and estimates as of the date of this presentation. In each case, such descriptions are subject to negotiation and execution of definitive agreements with such counterparties which have not been completed as of the date of this presentation and, as a result, such descriptions of key business partnerships of P3, remain subject to change FINANCIAL INFORMATION; NON-GAAP FINANCIAL MEASURES The financial information and data contained in this presentation is unaudited and does not conform to Regulation S-X. Accordingly, such information and data may not be included in, may be adjusted in or may be presented differently in, any proxy statement, registration statement, or prospectus to be filed by Foresight with the SEC. Some of the financial information and data contained in this presentation, such as EBITDA and EBITDA Margin have not been prepared in accordance with United States generally accepted accounting principles (“GAAP”). EBITDA is defined as net earnings (loss) before interest expense, income tax expense (benefit), depreciation and amortization. Foresight and P3 believe these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to P3’s financial condition and results of operations. Foresight and P3 believe that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating projected operating results and trends in and in comparing P3’s financial measures with other similar companies, many of which present similar non-GAAP financial measures to investors. Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitation of these non-GAAP financial measures is that they exclude significant expenses and income that are required by GAAP to be recorded in P3’s financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-GAAP financial measures. P3 is not providing a reconciliation of its projected EBITDA, EBITDA Margin and other metrics for full years 2021-2025 to the most directly comparable measure prepared in accordance with GAAP because P3 is unable to provide this reconciliation without unreasonable effort due to the uncertainty and inherent difficulty of predicting the occurrence, the financial impact, and the periods in which the adjustments may be recognized. For the same reasons, P3 is unable to address the probable significance of the unavailable information, which could be material to future results. ADDITIONAL INFORMATION ABOUT THE PROPOSED BUSINESS COMBINATION AND WHERE TO FIND IT The proposed business combination will be submitted to stockholders of Foresight for their consideration. Foresight filed preliminary a proxy statement (the “Proxy Statement”) with the SEC on August 12, 2021. After the definitive Proxy Statement has been filed, Foresight will mail the definitive Proxy Statement and other relevant documents to its stockholders as of the record date established for voting on the proposed business combination. Foresight's stockholders and other interested persons are advised to read, once available, the preliminary Proxy Statement and any amendments thereto and, once available, the definitive Proxy Statement, in connection with Foresight's solicitation of proxies for its special meeting of stockholders to be held to approve, among other things, the proposed business combination, because these documents will contain important information about Foresight, P3 and the proposed business combination. Investors and securities holders may also obtain a copy of the preliminary or definitive Proxy Statement, once available, as well as other documents filed with the SEC regarding the proposed business combination and other documents filed with the SEC by Foresight, without charge, at the SEC's website located at www.sec.gov or by directing a request to Gateway Investor Relations, (949) 574-3860, FORE@gatewayir.com. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. 2Disclaimer USE OF PROJECTIONS AND DESCRIPTION OF KEY CONTRACTS AND PARTNERSHIPS This presentation contains projected financial information with respect to P3, namely revenue and EBITDA for 2021. Such projected financial information constitutes forward-looking information, and is for illustrative purposes only and should not be relied upon as necessarily being indicative of future results. The assumptions and estimates underlying such projected financial information are inherently uncertain and are subject to a wide variety of significant business, economic, competitive and other risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. See “Forward-Looking Statements” above. Actual results may differ materially from the results contemplated by the projected financial information contained in this presentation, and the inclusion of such information in this presentation should not be regarded as a representation by any person that the results reflected in such projections will be achieved. Neither the independent auditors of Foresight nor the independent auditors of P3, audited, reviewed, compiled, or performed any procedures with respect to the projections for the purpose of their inclusion in this presentation, and accordingly, neither of them expressed an opinion or provided any other form of assurance with respect thereto for the purpose of this presentation. This presentation contains descriptions of certain key business partnerships of P3. These descriptions are based on the P3 management team’s discussions with such counterparties and the latest available information and estimates as of the date of this presentation. In each case, such descriptions are subject to negotiation and execution of definitive agreements with such counterparties which have not been completed as of the date of this presentation and, as a result, such descriptions of key business partnerships of P3, remain subject to change FINANCIAL INFORMATION; NON-GAAP FINANCIAL MEASURES The financial information and data contained in this presentation is unaudited and does not conform to Regulation S-X. Accordingly, such information and data may not be included in, may be adjusted in or may be presented differently in, any proxy statement, registration statement, or prospectus to be filed by Foresight with the SEC. Some of the financial information and data contained in this presentation, such as EBITDA and EBITDA Margin have not been prepared in accordance with United States generally accepted accounting principles (“GAAP”). EBITDA is defined as net earnings (loss) before interest expense, income tax expense (benefit), depreciation and amortization. Foresight and P3 believe these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to P3’s financial condition and results of operations. Foresight and P3 believe that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating projected operating results and trends in and in comparing P3’s financial measures with other similar companies, many of which present similar non-GAAP financial measures to investors. Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitation of these non-GAAP financial measures is that they exclude significant expenses and income that are required by GAAP to be recorded in P3’s financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-GAAP financial measures. P3 is not providing a reconciliation of its projected EBITDA, EBITDA Margin and other metrics for full years 2021-2025 to the most directly comparable measure prepared in accordance with GAAP because P3 is unable to provide this reconciliation without unreasonable effort due to the uncertainty and inherent difficulty of predicting the occurrence, the financial impact, and the periods in which the adjustments may be recognized. For the same reasons, P3 is unable to address the probable significance of the unavailable information, which could be material to future results. ADDITIONAL INFORMATION ABOUT THE PROPOSED BUSINESS COMBINATION AND WHERE TO FIND IT The proposed business combination will be submitted to stockholders of Foresight for their consideration. Foresight filed preliminary a proxy statement (the “Proxy Statement”) with the SEC on August 12, 2021. After the definitive Proxy Statement has been filed, Foresight will mail the definitive Proxy Statement and other relevant documents to its stockholders as of the record date established for voting on the proposed business combination. Foresight's stockholders and other interested persons are advised to read, once available, the preliminary Proxy Statement and any amendments thereto and, once available, the definitive Proxy Statement, in connection with Foresight's solicitation of proxies for its special meeting of stockholders to be held to approve, among other things, the proposed business combination, because these documents will contain important information about Foresight, P3 and the proposed business combination. Investors and securities holders may also obtain a copy of the preliminary or definitive Proxy Statement, once available, as well as other documents filed with the SEC regarding the proposed business combination and other documents filed with the SEC by Foresight, without charge, at the SEC's website located at www.sec.gov or by directing a request to Gateway Investor Relations, (949) 574-3860, FORE@gatewayir.com. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. 2


Disclaimer PARTICIPANTS IN THE SOLICITATION Foresight, P3 and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitations of proxies from Foresight’s stockholders in connection with the proposed business combination. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of Foresight’s stockholders in connection with the proposed business combination will be set forth in the Proxy Statement when it is filed with the SEC. You can find more information about Foresight’s directors and executive officers in Foresight’s Annual Report. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be included in the Proxy Statement when it becomes available. Stockholders, potential investors and other interested persons should read the Proxy Statement carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above. NO OFFER OR SOLICITATION This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. TRADEMARKS This presentation contains trademarks, service marks, trade names and copyrights of P3, Foresight and other companies, which are the property of their respective owners. 3


Foresight Acquisition Corp. Adds Significant Value to P3 Health Partners ■ Currently serves as President and Founder of his family office, ■ Former Partner and Co-Manager of the William Blair Wasson Enterprise Small Institutional portfolio and Small Cap Growth Fund ■ Former CEO and President of Walgreens from 2009 to 2014. Served Walgreens for 34 years, creating significant financial and ■ Over 30 years of experience working with public companies in shareholder value by initiating transformative mergers and the small cap space investments, leading organizational change, assembling diverse ■ Currently the Chairman of the Board of Performance leadership and establishing the company’s position as an Health Systems industry leader ■ Former Partner at Magnetar Capital, LLC, a multi-strategy ■ Invested and nurtured a portfolio of investments by adding value hedge fund through his ability to catalyze relationships for businesses, channel partners, key hires, and strategic investors to build■ Co-founded Cityview Associates, a real estate investment firm sustainable, high-growth businesses that do well by doing good Greg Wasson Michael Balkin ■ Recognized throughout the drugstore and healthcare industry for Chairman of the Board Chief Executive Officer and Director transformational leadership, innovation, bold business decisions, and executing on strategic long-term visions ■ Lifelong leader in the healthcare space and known for his ability■ A pharmacy, health and wellness expert who has led to transform companies and achieve financial and operational transformational change and cost-saving programs in highly success competitive consumer-focused businesses ■ Transformed a small pharmacy benefit management company■ Previously served as an Operating Partner, Advisor and (PBM) called SXC Health Solutions into one of America’s biggest Consultant for Sycamore Partners, specializing in retail and and fastest growing players – then facilitated its $12.8 billion sale consumer investments to Optum ■ Former President and COO of Rite Aid Pharmacy ■ Former CEO of OptumRx from 2015 to 2017 ■ Former CEO and Chairman of Catamaran from 2006 to 2015 Mark Thierer Kermit Crawford Advisor Advisor 4 Deep experience in both private and public markets across Long-term focus on sustainable growth and development Aligned interest across SPAC, Wasson Enterprise and the entirety of the capital structure with the ability to add value investorsForesight Acquisition Corp. Adds Significant Value to P3 Health Partners ■ Currently serves as President and Founder of his family office, ■ Former Partner and Co-Manager of the William Blair Wasson Enterprise Small Institutional portfolio and Small Cap Growth Fund ■ Former CEO and President of Walgreens from 2009 to 2014. Served Walgreens for 34 years, creating significant financial and ■ Over 30 years of experience working with public companies in shareholder value by initiating transformative mergers and the small cap space investments, leading organizational change, assembling diverse ■ Currently the Chairman of the Board of Performance leadership and establishing the company’s position as an Health Systems industry leader ■ Former Partner at Magnetar Capital, LLC, a multi-strategy ■ Invested and nurtured a portfolio of investments by adding value hedge fund through his ability to catalyze relationships for businesses, channel partners, key hires, and strategic investors to build■ Co-founded Cityview Associates, a real estate investment firm sustainable, high-growth businesses that do well by doing good Greg Wasson Michael Balkin ■ Recognized throughout the drugstore and healthcare industry for Chairman of the Board Chief Executive Officer and Director transformational leadership, innovation, bold business decisions, and executing on strategic long-term visions ■ Lifelong leader in the healthcare space and known for his ability■ A pharmacy, health and wellness expert who has led to transform companies and achieve financial and operational transformational change and cost-saving programs in highly success competitive consumer-focused businesses ■ Transformed a small pharmacy benefit management company■ Previously served as an Operating Partner, Advisor and (PBM) called SXC Health Solutions into one of America’s biggest Consultant for Sycamore Partners, specializing in retail and and fastest growing players – then facilitated its $12.8 billion sale consumer investments to Optum ■ Former President and COO of Rite Aid Pharmacy ■ Former CEO of OptumRx from 2015 to 2017 ■ Former CEO and Chairman of Catamaran from 2006 to 2015 Mark Thierer Kermit Crawford Advisor Advisor 4 Deep experience in both private and public markets across Long-term focus on sustainable growth and development Aligned interest across SPAC, Wasson Enterprise and the entirety of the capital structure with the ability to add value investors


Today’s Presenters Who: People with Passion and Purpose What: Dedicated to Transforming Sherif Abdou, MD, MMM, Amir Bacchus, MD, MBA FACP, FACPE Chief Medical Officer Healthcare for Patients, Providers, Chief Executive Officer and Payors How: Patient-Centric, Physician-Led, and Population Health Management Eric Atkins, CPA, MBA Lorie Glisson Focused Chief Financial Officer Chief Operating Officer Note: Presenters may include a subset of members presented on this page from both P3 Health Partners and Foresight Acquisition Corp. 5Today’s Presenters Who: People with Passion and Purpose What: Dedicated to Transforming Sherif Abdou, MD, MMM, Amir Bacchus, MD, MBA FACP, FACPE Chief Medical Officer Healthcare for Patients, Providers, Chief Executive Officer and Payors How: Patient-Centric, Physician-Led, and Population Health Management Eric Atkins, CPA, MBA Lorie Glisson Focused Chief Financial Officer Chief Operating Officer Note: Presenters may include a subset of members presented on this page from both P3 Health Partners and Foresight Acquisition Corp. 5


OverviewOverview


P3 At A Glance 20+ 11 We Take Global Risk In A Rapidly Growing ~$300bn Years of value-based care Operates in 11 markets across Medicare Advantage Market And Benefit From the Value We experience 4 states Create Through Improved Clinical Outcomes We Are A Market Leader ~27K With A Strong Track Record Of High Growth ~68K Shared savings lives managed Full-risk lives managed by under 5 ACO agreements to 2021E We Are… date A physician founded and led organization that works collaboratively with physicians, care teams and practices on their journey from traditional fee-for-service to value-based care 35% 99% We Leverage… Reduction in hospital 1 Physician retention 2 admissions Our deeply-integrated and capital efficient care model, data and technology, physician leadership and community outreach tools 1 $630M+ 20%+ We Create… Enhanced patient outcomes and experiences, 3 2021E revenue Long-term EBITDA margin greater professional satisfaction for providers and caregivers 7 and lower care costs Note: Physician and patient numbers are approximate 1 2 Represents affiliate provider retention through Q1 2021A; Based on P3's hospital admission rate per thousand of 161 in 3 Arizona as of December 31, 2019, compared to the local Medicare benchmark of 248; Represents long-term targetP3 At A Glance 20+ 11 We Take Global Risk In A Rapidly Growing ~$300bn Years of value-based care Operates in 11 markets across Medicare Advantage Market And Benefit From the Value We experience 4 states Create Through Improved Clinical Outcomes We Are A Market Leader ~27K With A Strong Track Record Of High Growth ~68K Shared savings lives managed Full-risk lives managed by under 5 ACO agreements to 2021E We Are… date A physician founded and led organization that works collaboratively with physicians, care teams and practices on their journey from traditional fee-for-service to value-based care 35% 99% We Leverage… Reduction in hospital 1 Physician retention 2 admissions Our deeply-integrated and capital efficient care model, data and technology, physician leadership and community outreach tools 1 $630M+ 20%+ We Create… Enhanced patient outcomes and experiences, 3 2021E revenue Long-term EBITDA margin greater professional satisfaction for providers and caregivers 7 and lower care costs Note: Physician and patient numbers are approximate 1 2 Represents affiliate provider retention through Q1 2021A; Based on P3's hospital admission rate per thousand of 161 in 3 Arizona as of December 31, 2019, compared to the local Medicare benchmark of 248; Represents long-term target


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Vision & Mission Vision Mission To build the greatest population health To be the best health partner for… management company. Patients, Providers & Payors. 8Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Vision & Mission Vision Mission To build the greatest population health To be the best health partner for… management company. Patients, Providers & Payors. 8


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Core Values Our attitude is respecting and valuing everyone. People. Our community is strong and safe. Our heart is our patients. Passion. Our soul is our clinicians. Our core is fixing healthcare. Purpose. Our mindset is disciplined purposeful growth. 9


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Investment Highlights Large, Growing TAM With Significant Whitespace Deeply Experienced Management Team Capital Efficient & Scalable Model Proven Outcomes Multiple Avenues of Organic Growth 10Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Investment Highlights Large, Growing TAM With Significant Whitespace Deeply Experienced Management Team Capital Efficient & Scalable Model Proven Outcomes Multiple Avenues of Organic Growth 10


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview U.S. Healthcare Facing Significant Challenges Uncontrolled high costs Poor access to primary care 5.4% $3.8T 25% Project healthcare US spending on Americans do not have access to 1 spending growth healthcare (2019) 2 essential primary care 1 (2019 to 2028) Sub-optimal quality of care and sub- Physician burnout optimal clinical outcomes 50%+ 40% of PCPs show signs of burnout and report 4 of Americans have 2+ chronic conditions; feeling unfairly compensated 3 Comparable developed nations average ~17.5% 1 2 3 4 2019 Medicare national healthcare expenditure, CMS; JAMA internal medicine; Multiple chronic conditions in the United States, RAND corporation; 2018 Physicians foundation report 11Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview U.S. Healthcare Facing Significant Challenges Uncontrolled high costs Poor access to primary care 5.4% $3.8T 25% Project healthcare US spending on Americans do not have access to 1 spending growth healthcare (2019) 2 essential primary care 1 (2019 to 2028) Sub-optimal quality of care and sub- Physician burnout optimal clinical outcomes 50%+ 40% of PCPs show signs of burnout and report 4 of Americans have 2+ chronic conditions; feeling unfairly compensated 3 Comparable developed nations average ~17.5% 1 2 3 4 2019 Medicare national healthcare expenditure, CMS; JAMA internal medicine; Multiple chronic conditions in the United States, RAND corporation; 2018 Physicians foundation report 11


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Addresses Some of the Largest Challenges in U.S. Healthcare Today Uncontrolled high costs Poor access to primary care Transition To X X Fee For Value- Studies indicate ~10% savings in medical spending Part of VBC reimbursement model reflects 1 Service within first ~5+ years of VBC implementation Based Care additional payment for improved access to care Under a value-based care (VBC) payment model, physicians are reimbursed based on the quality Sub-optimal quality of care and sub- Physician burnout of care rather than the quantity of optimal clinical outcomes services provided or number of X patients seen (e.g. fee for service X model) PCPs spend more time with each patient; Realigning physician incentives to prioritize overall promoting more sustainable workplace behaviors health of patient and promote preventative care 1 2019 New England Journal of Medicine 12Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Addresses Some of the Largest Challenges in U.S. Healthcare Today Uncontrolled high costs Poor access to primary care Transition To X X Fee For Value- Studies indicate ~10% savings in medical spending Part of VBC reimbursement model reflects 1 Service within first ~5+ years of VBC implementation Based Care additional payment for improved access to care Under a value-based care (VBC) payment model, physicians are reimbursed based on the quality Sub-optimal quality of care and sub- Physician burnout of care rather than the quantity of optimal clinical outcomes services provided or number of X patients seen (e.g. fee for service X model) PCPs spend more time with each patient; Realigning physician incentives to prioritize overall promoting more sustainable workplace behaviors health of patient and promote preventative care 1 2019 New England Journal of Medicine 12


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Has a Substantial Market Opportunity Annual U.S. Healthcare Spend 1 ~$3.8T Total Addressable Market Opportunity Medicare Spend 2 ~$800bn ➢ lncludes Medicare eligibles who utilize either Traditional Medicare and / or Medicare Advantage Medicare Eligibles 3 6 ~60M ➢ Medicare eligibles represent ~18% of the US population and growing 2 ➢ ~7% Medicare spending growth rate Core Medicare Advantage Market 4 Core Medicare Advantage Market: ~$300bn ~$300bn ➢ Moderate-to-highly populated Medicare Advantage eligible dense counties (>10k Medicare eligibles) Medicare Advantage ➢ $1,000 per member per month (“PMPM”) Members 5 ~24M 1 2 3 4 2019 total national healthcare expenditure, CMS; 2019 Medicare national healthcare expenditure, CMS; 2019 Medicare beneficiaries, Kaiser Family Foundation; Based on CMS Medicare Advantage Penetration by County data as of March 2021 and includes counties with greater than 10,000 Medicare eligibles. Derived by taking the product of ~24mm Medicare Advantage enrollees in our target markets and an annual revenue of $12,000 per member, which is derived from industry knowledge and is what we believe to be a reasonable national assumption; 13 5 6 Based on CMS Medicare Advantage Penetration by County data as of March 2021 and includes counties with greater than 10,000 Medicare eligibles; Based on a U.S. population of ~330mm (U.S. Census data) and ~60mm Medicare eligiblesOverview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Has a Substantial Market Opportunity Annual U.S. Healthcare Spend 1 ~$3.8T Total Addressable Market Opportunity Medicare Spend 2 ~$800bn ➢ lncludes Medicare eligibles who utilize either Traditional Medicare and / or Medicare Advantage Medicare Eligibles 3 6 ~60M ➢ Medicare eligibles represent ~18% of the US population and growing 2 ➢ ~7% Medicare spending growth rate Core Medicare Advantage Market 4 Core Medicare Advantage Market: ~$300bn ~$300bn ➢ Moderate-to-highly populated Medicare Advantage eligible dense counties (>10k Medicare eligibles) Medicare Advantage ➢ $1,000 per member per month (“PMPM”) Members 5 ~24M 1 2 3 4 2019 total national healthcare expenditure, CMS; 2019 Medicare national healthcare expenditure, CMS; 2019 Medicare beneficiaries, Kaiser Family Foundation; Based on CMS Medicare Advantage Penetration by County data as of March 2021 and includes counties with greater than 10,000 Medicare eligibles. Derived by taking the product of ~24mm Medicare Advantage enrollees in our target markets and an annual revenue of $12,000 per member, which is derived from industry knowledge and is what we believe to be a reasonable national assumption; 13 5 6 Based on CMS Medicare Advantage Penetration by County data as of March 2021 and includes counties with greater than 10,000 Medicare eligibles; Based on a U.S. population of ~330mm (U.S. Census data) and ~60mm Medicare eligibles


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Medicare Market Is Growing and MA Penetration Is Increasing Medicare Advantage Enrollment Key Tailwinds ➢ 10,000 seniors age into Medicare each day, with growing percentage (~39% today) 2,1 choosing MA plans ➢ U.S. population is aging, with an estimated 81M aged 65+ in next 2 twenty years ➢ Medicare Advantage spend expected to grow ~9% annually from ~$300bn to $450bn+ between 2021-2025, representing 3 40%+ of total Medicare spend 1 3 3 Kaiser Family Foundation; U.S. Census Bureau; CMS Medicare Trustees Report (2019) and equity research 14Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Medicare Market Is Growing and MA Penetration Is Increasing Medicare Advantage Enrollment Key Tailwinds ➢ 10,000 seniors age into Medicare each day, with growing percentage (~39% today) 2,1 choosing MA plans ➢ U.S. population is aging, with an estimated 81M aged 65+ in next 2 twenty years ➢ Medicare Advantage spend expected to grow ~9% annually from ~$300bn to $450bn+ between 2021-2025, representing 3 40%+ of total Medicare spend 1 3 3 Kaiser Family Foundation; U.S. Census Bureau; CMS Medicare Trustees Report (2019) and equity research 14


Market Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Proven Board With Extensive Healthcare Expertise Greg Wasson Mark Thierer Sherif Abdou, MD Amir Bacchus, MD Director Chairman of the Board Chief Executive Officer & Director Chief Medical Officer & Director • CEO & President, Walgreens • CEO, OptumRx• Co-Founder & CEO, HealthCare • Co-Founder & CMO, HealthCare Partners NV Partners NV • CEO & Chairman of Catamaran • Co-Founder & CEO, Pinnacle Health • Co-Founder & CMO, Pinnacle Health System System 30+ Years in Healthcare 30 Years+ in Healthcare 30 Years in Healthcare 23 Years in Healthcare Lawrence B. Leisure Mary Tolan Greg Kazarian Thomas E. Price, MD Jeff Park Director Director Director Director Independent Director rd • Founder & Co-Managing Partner, • Founder & Co-Managing Partner, • Executive Chair & CEO, Recovery • 23 U.S. Secretary, Department of• Chairman & CEO, WellDyneRx Ways Health and Human Services (HHS) Chicago Pacific Founders Chicago Pacific Founders • COO & EVP, Optum • Director, BioIntelliSense• CEO, Founder & Board Chair, R1-• CPO & General Counsel, R1-RCM• Co-Founder, Largest Private Non- Academic Orthopedic Practice in US RCM 30+ Years in Healthcare 18 Years in Healthcare 15 Years in Healthcare 30+ Years in Healthcare 15 Years in Healthcare 15Market Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Proven Board With Extensive Healthcare Expertise Greg Wasson Mark Thierer Sherif Abdou, MD Amir Bacchus, MD Director Chairman of the Board Chief Executive Officer & Director Chief Medical Officer & Director • CEO & President, Walgreens • CEO, OptumRx• Co-Founder & CEO, HealthCare • Co-Founder & CMO, HealthCare Partners NV Partners NV • CEO & Chairman of Catamaran • Co-Founder & CEO, Pinnacle Health • Co-Founder & CMO, Pinnacle Health System System 30+ Years in Healthcare 30 Years+ in Healthcare 30 Years in Healthcare 23 Years in Healthcare Lawrence B. Leisure Mary Tolan Greg Kazarian Thomas E. Price, MD Jeff Park Director Director Director Director Independent Director rd • Founder & Co-Managing Partner, • Founder & Co-Managing Partner, • Executive Chair & CEO, Recovery • 23 U.S. Secretary, Department of• Chairman & CEO, WellDyneRx Ways Health and Human Services (HHS) Chicago Pacific Founders Chicago Pacific Founders • COO & EVP, Optum • Director, BioIntelliSense• CEO, Founder & Board Chair, R1-• CPO & General Counsel, R1-RCM• Co-Founder, Largest Private Non- Academic Orthopedic Practice in US RCM 30+ Years in Healthcare 18 Years in Healthcare 15 Years in Healthcare 30+ Years in Healthcare 15 Years in Healthcare 15


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Three Distinct Growth Models in Value-Based Physician Enabler Space Builds clinics, hires providers, ~$3,000 / MA 1 and recruit patients in patient value-based care model Build Acquires clinics and ~$10,000 / MA converts to value- 2 patient based care Acquire Value-Based Care Physician Enablers Partners with payors, providers or health ~$1,000 / MA 3 systems to enable a patient value-based care model Affiliate 16 1 2 3 Based on competitive disclosures of cumulative center investments to reach breakeven point; Based on management experience and estimates; Based on P3 first year loss generated in Oregon market. Note: P3 has historically leveraged affiliate as its primary growth model.


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Health Partners Compares Favorably Across Key Metrics Capital Light Capital Intensive 1 1 1 1 1 Enterprise Value $2.3bn $12.7bn $7.6bn $801mm $13.7bn 2 3 Year Founded 2018 1983 2009 2011 2012 Buy – Acquisition Buy – Acquisition Build – Employed / clinic Operating Model Partner - Payor / provider Partner - Joint-venture PCP primarily; Build – going primarily model forward Markets 11 17 16 1 24 4 6 MA Membership ~68K ~231K ~112K ~30K ~109K 1 1 1 1 1 2021E Revenue $633M $1.8bn $1.6bn $676M $1.4bn 1 1 1 1 1 2022E Revenue $825M $2.5bn $2.5bn $905M $2.1bn FV / 2022 Revenue 2.7x 5.1x 3.0x 0.9x 6.4x Capital Efficiency High Low Low Low Low Fully Delegated Model Yes No No No No 7 LT EBITDA Margin Target 20%+ Double digits N/A N/A ~20% ’18A-’20A Revenue CAGR 135% 60% 90% N/A 67% 17 1 2 3 4 FactSet as of 9/07/21; First full year of revenue; Date of incorporation for Primary Provider Management Company, Inc (“PPMC”), which was the predecessor to Agilon Health; P3 MA lives projected as of FYE 2021, Agilon MA lives as of S-1 filed on 8/30/21, Cano Health MA lives as of 5 6 7 Q2’21 earnings on 06/30/21, Oak Street MA lives represent midpoint of FYE 2021 management guidance as of 8/09/21, CareMax MA lives as of Q2’21 quarterly earnings report as of 06/30/21; Represents 2020A total practice collections; Based on PF 2021E; 2023E EBITDA margin of 6% and average mature MA clinic adj. EBITDA margin of 24%Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Health Partners Compares Favorably Across Key Metrics Capital Light Capital Intensive 1 1 1 1 1 Enterprise Value $2.3bn $12.7bn $7.6bn $801mm $13.7bn 2 3 Year Founded 2018 1983 2009 2011 2012 Buy – Acquisition Buy – Acquisition Build – Employed / clinic Operating Model Partner - Payor / provider Partner - Joint-venture PCP primarily; Build – going primarily model forward Markets 11 17 16 1 24 4 6 MA Membership ~68K ~231K ~112K ~30K ~109K 1 1 1 1 1 2021E Revenue $633M $1.8bn $1.6bn $676M $1.4bn 1 1 1 1 1 2022E Revenue $825M $2.5bn $2.5bn $905M $2.1bn FV / 2022 Revenue 2.7x 5.1x 3.0x 0.9x 6.4x Capital Efficiency High Low Low Low Low Fully Delegated Model Yes No No No No 7 LT EBITDA Margin Target 20%+ Double digits N/A N/A ~20% ’18A-’20A Revenue CAGR 135% 60% 90% N/A 67% 17 1 2 3 4 FactSet as of 9/07/21; First full year of revenue; Date of incorporation for Primary Provider Management Company, Inc (“PPMC”), which was the predecessor to Agilon Health; P3 MA lives projected as of FYE 2021, Agilon MA lives as of S-1 filed on 8/30/21, Cano Health MA lives as of 5 6 7 Q2’21 earnings on 06/30/21, Oak Street MA lives represent midpoint of FYE 2021 management guidance as of 8/09/21, CareMax MA lives as of Q2’21 quarterly earnings report as of 06/30/21; Represents 2020A total practice collections; Based on PF 2021E; 2023E EBITDA margin of 6% and average mature MA clinic adj. EBITDA margin of 24%


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Given ~2% of MA Lives in VBC, True Competition is FFS Payment Model 1 2 Value-Based Care Physician Enablers % of Total Medicare Advantage Enrollment ~68k ~210k ~109k ~85k ~2% ~26k of ~24mm MA enrollees ~31k 1 P3 MA lives projected as of FYE 2021, agilon MA lives as of S-1 filed on 3/18/21, Oak Street MA lives represent midpoint of FYE 2021 management guidance as of 3/31/21, Cano Health MA lives as of Investor & Analyst Day Presentation on 3/04/21, Caremax MA lives as of Analyst and 2 Investor Day Presentation on 9/9/21, iora health MA lives as of July 31, 2021; Based on 2020 total MA enrollment of ~24mm. 18Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Given ~2% of MA Lives in VBC, True Competition is FFS Payment Model 1 2 Value-Based Care Physician Enablers % of Total Medicare Advantage Enrollment ~68k ~210k ~109k ~85k ~2% ~26k of ~24mm MA enrollees ~31k 1 P3 MA lives projected as of FYE 2021, agilon MA lives as of S-1 filed on 3/18/21, Oak Street MA lives represent midpoint of FYE 2021 management guidance as of 3/31/21, Cano Health MA lives as of Investor & Analyst Day Presentation on 3/04/21, Caremax MA lives as of Analyst and 2 Investor Day Presentation on 9/9/21, iora health MA lives as of July 31, 2021; Based on 2020 total MA enrollment of ~24mm. 18


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Model Has Demonstrated Proven Outcomes 1 Medical Cost Reduction of ~20% ➢ Results reflect first P3 payor contract in Arizona (“Payor A”), driven by a combination of: ➢ Aligned PCP incentives $652 $539 ➢ Delegated services First Three Years PMPM PMPM ➢ Reshaped local network 1 Reflects Part C Medical Cost of “Payor 1” (PMPM), P3’s First Contract in Arizona 19Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Model Has Demonstrated Proven Outcomes 1 Medical Cost Reduction of ~20% ➢ Results reflect first P3 payor contract in Arizona (“Payor A”), driven by a combination of: ➢ Aligned PCP incentives $652 $539 ➢ Delegated services First Three Years PMPM PMPM ➢ Reshaped local network 1 Reflects Part C Medical Cost of “Payor 1” (PMPM), P3’s First Contract in Arizona 19


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3’s Track Record Of Organic Growth Total Full Risk Lives Total Revenue 86K CAGR: 71% $825M CAGR: 75% 68K $633M 50K $483M 10K $145M 10K $88M 2018A 2019A 2020A 2021E 2022E 2018A 2019A 2020A 2021E 2022E Note: Patient numbers are approximate 20Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3’s Track Record Of Organic Growth Total Full Risk Lives Total Revenue 86K CAGR: 71% $825M CAGR: 75% 68K $633M 50K $483M 10K $145M 10K $88M 2018A 2019A 2020A 2021E 2022E 2018A 2019A 2020A 2021E 2022E Note: Patient numbers are approximate 20


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Investment Highlights Large, Growing TAM With Significant Whitespace Deeply Experienced Management Team Capital Efficient & Scalable Model Proven Outcomes Multiple Avenues of Organic Growth 21Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Investment Highlights Large, Growing TAM With Significant Whitespace Deeply Experienced Management Team Capital Efficient & Scalable Model Proven Outcomes Multiple Avenues of Organic Growth 21


P3 OverviewP3 Overview


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Proven Outcomes, Compelling Economics And Physician-Led We are able to drive enhanced outcomes via our patient- centric, 35% / 36% ~135% physician-led 99% 97% Reduction in Annual Physician Patient hospital revenue care model: 1 2 4 retention satisfaction admissions / 3 growth 5 ED visits 1 2 3 4 Represents affiliate provider retention through Q1 2021A; Represents patient satisfaction for Nevada Medical Group from February 2020 to February 2021; 2018A – 2020A revenue CAGR; Based on P3's hospital admission rate per thousand of 161 in Arizona as of December 31, 5 2019, compared to the local Medicare benchmark of 248; Based on P3's emergency department claims per thousand of 357 in Arizona as of December 31, 2019, compared to the local Medicare benchmark of 557 23Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Proven Outcomes, Compelling Economics And Physician-Led We are able to drive enhanced outcomes via our patient- centric, 35% / 36% ~135% physician-led 99% 97% Reduction in Annual Physician Patient hospital revenue care model: 1 2 4 retention satisfaction admissions / 3 growth 5 ED visits 1 2 3 4 Represents affiliate provider retention through Q1 2021A; Represents patient satisfaction for Nevada Medical Group from February 2020 to February 2021; 2018A – 2020A revenue CAGR; Based on P3's hospital admission rate per thousand of 161 in Arizona as of December 31, 5 2019, compared to the local Medicare benchmark of 248; Based on P3's emergency department claims per thousand of 357 in Arizona as of December 31, 2019, compared to the local Medicare benchmark of 557 23


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3: 20 Years In The Making First full-risk contract P3’s first full year P3 expands into 6 Founding members of P3 Scaling the business of revenue new markets for a take on their first full-risk ~100K MA global risk lives Revenue of contract at total of 11 $88mm Pinnacle / Summit 2010 2012 2017 2018 2019 2020 2021 1998 2006 Projected revenue of $633M HealthCare Partners Pinnacle / Summit Acquired by JSA P3 achieves 7 Merges with DaVita (becomes HealthCare Partners Nevada) full risk payor ~125K MA global risk lives ~35K MA global risk lives contracts 1 ~21.8% EBITDA margin Founded Pre-P3 Health P3 Health 24 Source: DaVita HealthCare Partners merger presentation, May 2012; Optum press release, May 2007 1 As of 12/31/11 Note: Pre-P3 events based on management’s knowledgeOverview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3: 20 Years In The Making First full-risk contract P3’s first full year P3 expands into 6 Founding members of P3 Scaling the business of revenue new markets for a take on their first full-risk ~100K MA global risk lives Revenue of contract at total of 11 $88mm Pinnacle / Summit 2010 2012 2017 2018 2019 2020 2021 1998 2006 Projected revenue of $633M HealthCare Partners Pinnacle / Summit Acquired by JSA P3 achieves 7 Merges with DaVita (becomes HealthCare Partners Nevada) full risk payor ~125K MA global risk lives ~35K MA global risk lives contracts 1 ~21.8% EBITDA margin Founded Pre-P3 Health P3 Health 24 Source: DaVita HealthCare Partners merger presentation, May 2012; Optum press release, May 2007 1 As of 12/31/11 Note: Pre-P3 events based on management’s knowledge


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Physician-Led, Deeply Experienced Management Team With 20 Years+ In Value-Based Care Sherif Abdou, MD, Amir Bacchus, MD, MBA Lorie Glisson Todd Lefkowitz, MHA MMM, FACP, FACPE Chief Executive Officer Chief Medical Officer Chief Operating Officer Chief Managed Care Officer • Co-Founder & CEO, HealthCare • Co-Founder & CMO, HealthCare • President & CEO, HealthCare • SVP, Managed Care Operations & Partners Nevada Partners Nevada Partners Florida Network Development, HealthCare Partners • Co-Founder & CEO, Pinnacle Health • Co-Founder & CMO, Pinnacle Health • President & CEO, JSA Healthcare System System Corporation • VP, Network, PacifiCare & UnitedHealthcare-Nevada 30 Years of Experience 25 Years of Experience 25 Years of Experience 20 Years of Experience Sarah Bussmann, Scott Keim Jessica Puathasnanon, JD, LLM Eric Atkins, CPA, MBA BSN-RN, CRNI, MHA Chief Growth Officer EVP, Population Health Chief Legal Officer Chief Financial Officer Management • Executive Director of Business • Chief Counsel & Compliance Officer, • CFO, Sprout Pharmaceuticals Medtronic Diabetes Development, Aetna• Associate VP, Clinical Quality, • Divisional CFO, Hillrom DaVita HealthCare Partners • Senior Vice President, Contracting • Director, KPMG • Director, KPMG and Strategy, Bravo Health • SEC Enforcement 30 Years of Experience 10 Years of Experience 11 Years in Healthcare 9 Years in Healthcare 25


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3’s Affiliate Model Engages All Key Stakeholders ➢ P3 partners with vs. displaces local providers ➢ P3 partners directly with payors ➢ P3 contracts and develops a full network of ➢ P3 has ability to take on delegated primary care, specialty and ancillary providers services of health plan partners managing the entire cost of care Payors Physicians ➢ P3 navigates, coordinates and integrates care to create a customized care plan for each patient ➢ P3 honors social & moral contract between patients and providers by maintaining their relationship ➢ All patients ➢ All patients aligned to payors aligned to providers Patients 26Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3’s Affiliate Model Engages All Key Stakeholders ➢ P3 partners with vs. displaces local providers ➢ P3 partners directly with payors ➢ P3 contracts and develops a full network of ➢ P3 has ability to take on delegated primary care, specialty and ancillary providers services of health plan partners managing the entire cost of care Payors Physicians ➢ P3 navigates, coordinates and integrates care to create a customized care plan for each patient ➢ P3 honors social & moral contract between patients and providers by maintaining their relationship ➢ All patients ➢ All patients aligned to payors aligned to providers Patients 26


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview The P3 Model Is Effective And A “Win” Scenario For All Key Stakeholders Patients Physicians Payors ➢ Improved primary care ➢ Physicians receive benefit ➢ Improved clinical outcomes access to physicians of P3 team, tools and lead to enhanced quality focused on wellness and technology to enable shift scores and improved prevention from fee-for-service to funding to payor value-based care ➢ Individualized, ➢ Improved clinical outcomes longitudinal care plans, ➢ Physicians receive and subsequent surplus catered to the needs of financial upside from permit enhanced patient individual patient increased patient access benefits and drive faster and value created from member growth improved clinical outcomes ➢ Improved clinical outcomes and patient satisfaction at ➢ Payors benefit from no additional cost➢ Physicians retain capitated risk arrangement independence in capital- with P3 efficient, affiliate model and experience greater satisfaction The P3 Model Enables Better Patient Care, Greater Physician Satisfaction, And Enhanced Payor Growth And Cost Savings 27Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview The P3 Model Is Effective And A “Win” Scenario For All Key Stakeholders Patients Physicians Payors ➢ Improved primary care ➢ Physicians receive benefit ➢ Improved clinical outcomes access to physicians of P3 team, tools and lead to enhanced quality focused on wellness and technology to enable shift scores and improved prevention from fee-for-service to funding to payor value-based care ➢ Individualized, ➢ Improved clinical outcomes longitudinal care plans, ➢ Physicians receive and subsequent surplus catered to the needs of financial upside from permit enhanced patient individual patient increased patient access benefits and drive faster and value created from member growth improved clinical outcomes ➢ Improved clinical outcomes and patient satisfaction at ➢ Payors benefit from no additional cost➢ Physicians retain capitated risk arrangement independence in capital- with P3 efficient, affiliate model and experience greater satisfaction The P3 Model Enables Better Patient Care, Greater Physician Satisfaction, And Enhanced Payor Growth And Cost Savings 27


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview How We Bend The Cost Curve ➢ Identify high-risk, rising risk and high-cost patients and share with their physicians to help prioritize care 1 Risk Stratification ➢ Engage physician partners with activity lists and guidelines Proven catered towards individual risk groups Outcomes: ➢ Increase access for patients and coordinate care between PCPs, specialists and other caregivers ~20% Medical 2 Care Management ➢ Focus cost management efforts via direct patient and provider interaction Cost Reduction ➢ Direct care to most cost efficient, high-quality providers ➢ Perform concurrent review to manage acute and post-acute hospitals for length of stay and appropriateness 3 Utilization Management ➢ Reduce unnecessary services through provider education and guideline usage ➢ Drive physician efficiencies via multi-layered technology platform, leading to better overall care 4 Proprietary Tech Platform ➢ Consolidate disparate data to enhance patient-specific care ➢ Contract with key providers / specialists to encourage coordination Collaboration with Payors to ➢ Contract with key providers for directing large volumes of 5 Build the Right Network patients ➢ Direct care to strong quality, cost efficient providers 28Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview How We Bend The Cost Curve ➢ Identify high-risk, rising risk and high-cost patients and share with their physicians to help prioritize care 1 Risk Stratification ➢ Engage physician partners with activity lists and guidelines Proven catered towards individual risk groups Outcomes: ➢ Increase access for patients and coordinate care between PCPs, specialists and other caregivers ~20% Medical 2 Care Management ➢ Focus cost management efforts via direct patient and provider interaction Cost Reduction ➢ Direct care to most cost efficient, high-quality providers ➢ Perform concurrent review to manage acute and post-acute hospitals for length of stay and appropriateness 3 Utilization Management ➢ Reduce unnecessary services through provider education and guideline usage ➢ Drive physician efficiencies via multi-layered technology platform, leading to better overall care 4 Proprietary Tech Platform ➢ Consolidate disparate data to enhance patient-specific care ➢ Contract with key providers / specialists to encourage coordination Collaboration with Payors to ➢ Contract with key providers for directing large volumes of 5 Build the Right Network patients ➢ Direct care to strong quality, cost efficient providers 28


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Care Teams Engage Patients Immediately to Focus on Wellness and Prevention A New Patient Onboarding B P3 Care Team Engages Ms. Smith ➢ P3 Care Team stratifies new members based on known disease burden, ➢ P3 Care Team reaches out to Ms. Smith to medications and medical cost – start building a relationship indicators to gauge overall health➢ P3 Care Team realizes that Ms. Smith has 1 ➢ P3 Care Team notices Ms. Smith , a two additional co-morbidities woman with diabetes, but no other (hypertension and hyperlipidemia) and documented co-morbidities (statistically properly documents for RAF scoring unlikely) and flags for P3 Care Team C D Maximizing Self-Care Whole Patient Care ➢ P3 Care Team navigates, coordinates and ➢ P3 Care Team front loads outreach, integrates care to create a customized plan calling Ms. Smith daily to talk about blood ➢ Example includes setting up a meeting with sugar, exercise habits and changes to diet Ms. Smith, her children (e.g. primary ➢ Ms. Smith’s blood sugar levels move caretakers) and P3 dietician to understand from high to consistently within normal what her plate should look like and how to range and P3 Care Team scales back to shop and cook to enable healthy eating encourage self-care abilities for diabetics 1 Patient name blinded. 29Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Care Teams Engage Patients Immediately to Focus on Wellness and Prevention A New Patient Onboarding B P3 Care Team Engages Ms. Smith ➢ P3 Care Team stratifies new members based on known disease burden, ➢ P3 Care Team reaches out to Ms. Smith to medications and medical cost – start building a relationship indicators to gauge overall health➢ P3 Care Team realizes that Ms. Smith has 1 ➢ P3 Care Team notices Ms. Smith , a two additional co-morbidities woman with diabetes, but no other (hypertension and hyperlipidemia) and documented co-morbidities (statistically properly documents for RAF scoring unlikely) and flags for P3 Care Team C D Maximizing Self-Care Whole Patient Care ➢ P3 Care Team navigates, coordinates and ➢ P3 Care Team front loads outreach, integrates care to create a customized plan calling Ms. Smith daily to talk about blood ➢ Example includes setting up a meeting with sugar, exercise habits and changes to diet Ms. Smith, her children (e.g. primary ➢ Ms. Smith’s blood sugar levels move caretakers) and P3 dietician to understand from high to consistently within normal what her plate should look like and how to range and P3 Care Team scales back to shop and cook to enable healthy eating encourage self-care abilities for diabetics 1 Patient name blinded. 29


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview When a Patient is Admitted to the Hospital, P3 Has a Well-Developed Care Plan 1 ED Visit: Hospital evaluates P3 patient in ED and wants to admit them to the hospital. 2 Authorization: Hospital notifies P3 to request admit authorization, sending clinical documentation to support recommendation. 3 Clinical Review: P3 Care Team conducts concurrent review and determine whether patient meets criteria for inpatient admission or should instead be approved for observation. 4 Proactive Plan: If approved for admission, P3 Care Team works with hospital discharge planners to start developing discharge plan at point of admission. 5 Whole Patient Care: P3 Care Team includes patient specific care manager to help with discharge, incorporating patient’s external support system and medical history. 6 Discharge: Once ready, P3 patient is directed to the next most appropriate level of care (home, SNF, LTAC etc.). 30


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Transitions of Care Post Discharge Designed to Prevent Costly Readmissions 1 Discharge: P3 patient leaves the hospital. All patients are then enrolled in P3 proprietary transition of care program (30-45 days). 2 Initial Call: P3 Care Team calls within 1 day to discuss purpose of hospital visit, discharge orders, medication review, set up PCP (in-person, telehealth, at home, etc.). 3 PCP Visit: Depending on patient acuity, appointments scheduled within 3-5 days. Highest risk patients will have an additional visit 10-14 days post discharge. 4 Follow-Up: P3 Care Team calls within 1 day of each PCP visit to ensure patient understands doctor’s recommendations and guidelines. P3 Care Team continues patient contact during ToC to ensure progression. 5 On-going care: High acuity patients are assigned to full P3 case management program; low acuity patients discharged from transition of care program. 31Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Transitions of Care Post Discharge Designed to Prevent Costly Readmissions 1 Discharge: P3 patient leaves the hospital. All patients are then enrolled in P3 proprietary transition of care program (30-45 days). 2 Initial Call: P3 Care Team calls within 1 day to discuss purpose of hospital visit, discharge orders, medication review, set up PCP (in-person, telehealth, at home, etc.). 3 PCP Visit: Depending on patient acuity, appointments scheduled within 3-5 days. Highest risk patients will have an additional visit 10-14 days post discharge. 4 Follow-Up: P3 Care Team calls within 1 day of each PCP visit to ensure patient understands doctor’s recommendations and guidelines. P3 Care Team continues patient contact during ToC to ensure progression. 5 On-going care: High acuity patients are assigned to full P3 case management program; low acuity patients discharged from transition of care program. 31


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Delegation of Services Creates Value Key delegation services… Network management and credentialling Network management and credentialling Utilization management ~$99 ~$41 PMPM PMPM Care management ➢ Aetna’s oncology costs, in Nevada, were ~$99 per member per month (PMPM) ➢ Aetna partners with P3 Claims processing ➢ P3 modifies Aetna’s network by removing a single oncology firm ➢ Estimated run rate savings of ~$58 PMPM (reduction from ~$99 to ~$41 PMPM) …help accelerate the reduction of medical costs 32Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Delegation of Services Creates Value Key delegation services… Network management and credentialling Network management and credentialling Utilization management ~$99 ~$41 PMPM PMPM Care management ➢ Aetna’s oncology costs, in Nevada, were ~$99 per member per month (PMPM) ➢ Aetna partners with P3 Claims processing ➢ P3 modifies Aetna’s network by removing a single oncology firm ➢ Estimated run rate savings of ~$58 PMPM (reduction from ~$99 to ~$41 PMPM) …help accelerate the reduction of medical costs 32


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Delegated Utilization and Care Management Reduce Medical Costs and ED Use Utilization Management Care Management 2 3 1 ~36% ~35% ~30% reduction in reduction in hospital to ASC savings ED visits hospital admissions ➢ P3 Care Team works directly with patients and ➢ P3 identifies a group of specialists as incurring providers to reduce ER admissions and visits sizably higher medical expenses than market ➢ P3 offers extended hours care line to maximize ➢ P3 engages provides and learns they were trained access to nurses or primary care physicians to conduct their surgeries primarily in the hospital ➢ P3 walks through benefits of moving those surgeries to ambulatory surgery centers ➢ Given prior authorization capabilities, P3 can limit non-ASC use for elective procedures 33 1 2 3 Management estimates; Based on P3's hospital admission rate per thousand of 161 in Arizona as of December 31, 2019, compared to the local Medicare benchmark of 248; Based on P3's emergency department claims per thousand of 357 in Arizona as of December 31, 2019, compared to the local Medicare benchmark of 557Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Delegated Utilization and Care Management Reduce Medical Costs and ED Use Utilization Management Care Management 2 3 1 ~36% ~35% ~30% reduction in reduction in hospital to ASC savings ED visits hospital admissions ➢ P3 Care Team works directly with patients and ➢ P3 identifies a group of specialists as incurring providers to reduce ER admissions and visits sizably higher medical expenses than market ➢ P3 offers extended hours care line to maximize ➢ P3 engages provides and learns they were trained access to nurses or primary care physicians to conduct their surgeries primarily in the hospital ➢ P3 walks through benefits of moving those surgeries to ambulatory surgery centers ➢ Given prior authorization capabilities, P3 can limit non-ASC use for elective procedures 33 1 2 3 Management estimates; Based on P3's hospital admission rate per thousand of 161 in Arizona as of December 31, 2019, compared to the local Medicare benchmark of 248; Based on P3's emergency department claims per thousand of 357 in Arizona as of December 31, 2019, compared to the local Medicare benchmark of 557


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview How Our Products Work Internal Systems P3 Data Fabric P3 Health Hub Claims Adjudication User Provisioning & Access One Login Contracting/ Staging & Quality Provider Facing Analytics CV Submission For MRA Credentialing Provider Checks Portal Retrospective Coding Prospective Coding Payment Integrity Analytic Data Integration Management BI ML & AI & Mastering Mgmt. Medical Group Letter Processing Utilization Management Other COTs Applications (eg., Netsuite, Care Analytics, Namely, Footprints etc.) Business Rule Connect Patient Engagement Care/Disease Mgmt. Curating, Product Schema External Data Sources Remote Monitoring Televisit N-Gage (Payors, vendors, care facilities) > 250 Self Assessment Delegate Engagement disparate files per month Information Security (HITRUST) Cloud Computing (MS Azure) Endpoint Management Communication/Connectivity 34Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview How Our Products Work Internal Systems P3 Data Fabric P3 Health Hub Claims Adjudication User Provisioning & Access One Login Contracting/ Staging & Quality Provider Facing Analytics CV Submission For MRA Credentialing Provider Checks Portal Retrospective Coding Prospective Coding Payment Integrity Analytic Data Integration Management BI ML & AI & Mastering Mgmt. Medical Group Letter Processing Utilization Management Other COTs Applications (eg., Netsuite, Care Analytics, Namely, Footprints etc.) Business Rule Connect Patient Engagement Care/Disease Mgmt. Curating, Product Schema External Data Sources Remote Monitoring Televisit N-Gage (Payors, vendors, care facilities) > 250 Self Assessment Delegate Engagement disparate files per month Information Security (HITRUST) Cloud Computing (MS Azure) Endpoint Management Communication/Connectivity 34


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Our Technology Suite Enables The Delivery Of High-Quality Care At Scale Provider Portal Analytic Management P3 Care Connect P3 N-Gage ➢ Seeks to improve provider ➢ Seeks to leverage data to ➢ Seeks to improve efficiency ➢ Seeks to improve performance, quality and inform business decisions of existing workflows communication between alignment to payment care managers and patients ➢ Provides data insights such ➢ Sends provider incentives as quality, utilization, risk, ➢ Presents member a notifications, generates pharmacy and finance summary of admissions, ➢ Provider of ADT* alerting letters and fulfillment, discharges, biometric data conducts reporting and ➢ Estimates risk stratification, ➢ Also used to improve and care plans audit compliance future admit rates and coding and chart review disease progression Reporting And Audit Compliance *Admissions, discharge and transfer system 35Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Our Technology Suite Enables The Delivery Of High-Quality Care At Scale Provider Portal Analytic Management P3 Care Connect P3 N-Gage ➢ Seeks to improve provider ➢ Seeks to leverage data to ➢ Seeks to improve efficiency ➢ Seeks to improve performance, quality and inform business decisions of existing workflows communication between alignment to payment care managers and patients ➢ Provides data insights such ➢ Sends provider incentives as quality, utilization, risk, ➢ Presents member a notifications, generates pharmacy and finance summary of admissions, ➢ Provider of ADT* alerting letters and fulfillment, discharges, biometric data conducts reporting and ➢ Estimates risk stratification, ➢ Also used to improve and care plans audit compliance future admit rates and coding and chart review disease progression Reporting And Audit Compliance *Admissions, discharge and transfer system 35


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Model Not Only Drives Results, But Also Improves Patient Experience “I love my care manager. She is so patient “I used to go to the emergency room “My PCP told me I needed to see a surgeon, and really cares for her patients. She helps every time something was wrong, but but I didn’t know how to. P3 found me me with making appointments and always now I can just call my P3 team, and they multiple options that were within my calls me afterwards to follow up and make will help me instead. Last week I was in so plan’s network, helped me get an sure everything went well and answer any much pain and they sent healthcare appointment and coordinated questions I might have. I would not be providers to my home and got me an transportation.” alive today if I didn’t have her help.” appointment with my PCP the next day.” 36Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Model Not Only Drives Results, But Also Improves Patient Experience “I love my care manager. She is so patient “I used to go to the emergency room “My PCP told me I needed to see a surgeon, and really cares for her patients. She helps every time something was wrong, but but I didn’t know how to. P3 found me me with making appointments and always now I can just call my P3 team, and they multiple options that were within my calls me afterwards to follow up and make will help me instead. Last week I was in so plan’s network, helped me get an sure everything went well and answer any much pain and they sent healthcare appointment and coordinated questions I might have. I would not be providers to my home and got me an transportation.” alive today if I didn’t have her help.” appointment with my PCP the next day.” 36


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Our Fly Wheel Drives The Repeatability Of Our Care Model And Its Outcomes 35% 97% 4 1 Reduction in hospital admissions Patient satisfaction Higher patient satisfaction High quality of care meaningfully reduces the Greater care continuity and improved care cost of care promote patient stickiness Improved Lower care membership and costs retention 36% 16 3 Reduction in ED visits MA risk contracts thru June 2021 Value of model creates better care outcomes Robust payor relationship across markets and Improved care Greater payor patient panels outcomes engagement 250+ 99% Data points aggregated 2 Physician retention Higher physician High physician satisfaction Enhanced tech Multi-layered technology platform, driving efficiency and platform integration across the care continuum satisfaction 1 2 3 Represents patient satisfaction for Nevada Medical Group from February 2020 to February 2021; Represents affiliate provider retention through Q1 2021A; Based on P3's emergency department claims per thousand of 357 in Arizona as of December 31, 2019, compared to the 37 4 local Medicare benchmark of 557; Based on P3's hospital admission rate per thousand of 161 in Arizona as of December 31, 2019, compared to the local Medicare benchmark of 248Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Our Fly Wheel Drives The Repeatability Of Our Care Model And Its Outcomes 35% 97% 4 1 Reduction in hospital admissions Patient satisfaction Higher patient satisfaction High quality of care meaningfully reduces the Greater care continuity and improved care cost of care promote patient stickiness Improved Lower care membership and costs retention 36% 16 3 Reduction in ED visits MA risk contracts thru June 2021 Value of model creates better care outcomes Robust payor relationship across markets and Improved care Greater payor patient panels outcomes engagement 250+ 99% Data points aggregated 2 Physician retention Higher physician High physician satisfaction Enhanced tech Multi-layered technology platform, driving efficiency and platform integration across the care continuum satisfaction 1 2 3 Represents patient satisfaction for Nevada Medical Group from February 2020 to February 2021; Represents affiliate provider retention through Q1 2021A; Based on P3's emergency department claims per thousand of 357 in Arizona as of December 31, 2019, compared to the 37 4 local Medicare benchmark of 557; Based on P3's hospital admission rate per thousand of 161 in Arizona as of December 31, 2019, compared to the local Medicare benchmark of 248


Growth Strategy


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview We Have A Strong History Of High Organic Growth And A Line-of-Sight To Continued Success Via Our Capital-Efficient Affiliate Model ’18A-’22E ➢ P3 continues to (FYE 12/31) 2018A 2019A 2020A 2021E 2022E CAGR successfully leverage longstanding relationships Total revenue $88 $145 $483 $633 $825 75% ($mm) with high quality physicians Total full risk 10 20 50 68 86 71% lives (000s) ➢ Network development and Total contracted contracting meaningfully 300 1,000 1,500 2,000 2,500 70% PCPs began in Q1’18 States ➢ Currently operate in 11 (added during 1 year) markets across 4 states ➢ Expected growth to 17-21 Markets 1 5 11 17 - 21 markets across 7+ states Note: Physician and patient numbers are approximate 1 Based on existing sales pipeline 39Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview We Have A Strong History Of High Organic Growth And A Line-of-Sight To Continued Success Via Our Capital-Efficient Affiliate Model ’18A-’22E ➢ P3 continues to (FYE 12/31) 2018A 2019A 2020A 2021E 2022E CAGR successfully leverage longstanding relationships Total revenue $88 $145 $483 $633 $825 75% ($mm) with high quality physicians Total full risk 10 20 50 68 86 71% lives (000s) ➢ Network development and Total contracted contracting meaningfully 300 1,000 1,500 2,000 2,500 70% PCPs began in Q1’18 States ➢ Currently operate in 11 (added during 1 year) markets across 4 states ➢ Expected growth to 17-21 Markets 1 5 11 17 - 21 markets across 7+ states Note: Physician and patient numbers are approximate 1 Based on existing sales pipeline 39


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Model Enables Capital Efficient Growth and Maintains Patient-Provider Relationship Market Entry Decisions Are Informed By Provider And Payor Data, Thereby Avoiding Large Upfront Costs We Enter Markets Through Partnerships With Payors And Providers ➢ Health plans seek P3 to optimize entire blocks of existing business ➢ Establishes contracts based on market data in provider contracting, including Payors payor relationships and payment methodologies ➢ Improved outcomes and realized cost savings allow for repeatable, faster growth in the market ➢ Market analysis based on network, market and senior population dynamics ➢ Network team identifies existing physician services that align with the P3 model ➢ Strong reputation for improving clinical and financial outcomes with installed Providers provider base ➢ Hire / contract with local resources that have established relationships within the market to identify provider groups that align with the P3 model of care 40Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Model Enables Capital Efficient Growth and Maintains Patient-Provider Relationship Market Entry Decisions Are Informed By Provider And Payor Data, Thereby Avoiding Large Upfront Costs We Enter Markets Through Partnerships With Payors And Providers ➢ Health plans seek P3 to optimize entire blocks of existing business ➢ Establishes contracts based on market data in provider contracting, including Payors payor relationships and payment methodologies ➢ Improved outcomes and realized cost savings allow for repeatable, faster growth in the market ➢ Market analysis based on network, market and senior population dynamics ➢ Network team identifies existing physician services that align with the P3 model ➢ Strong reputation for improving clinical and financial outcomes with installed Providers provider base ➢ Hire / contract with local resources that have established relationships within the market to identify provider groups that align with the P3 model of care 40


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Value-Based Care Physician Enablement Economics //ILLUSTRATIVE 1 • CMS pays healthcare plans on a per member per month (PMPM) basis, 1 reflective of patient health conditions 2 3 2 • Value-Based Care Physician Enablement companies that enter contracts with Medicare Advantage plans will retain a percentage of the CMS premium; Percentage dependent on level of risk • Medical expenses include third party 3 medical costs as well as physician 4 incentive programs 4 • As patient populations mature and clinical outcomes improve, VBCE companies generate positive EBITDA 41Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Value-Based Care Physician Enablement Economics //ILLUSTRATIVE 1 • CMS pays healthcare plans on a per member per month (PMPM) basis, 1 reflective of patient health conditions 2 3 2 • Value-Based Care Physician Enablement companies that enter contracts with Medicare Advantage plans will retain a percentage of the CMS premium; Percentage dependent on level of risk • Medical expenses include third party 3 medical costs as well as physician 4 incentive programs 4 • As patient populations mature and clinical outcomes improve, VBCE companies generate positive EBITDA 41


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Examples Of Growth: Centene Case Study Proven Agile P3 Model Allows for Rapid Scale Membership Growth Across States Proven, Agile Model Allows for Rapid Scale OR Douglas County ~15k NV ~10k CA Clark County AZ Yuma County Pima County Cochise County Santa Cruz County ~1k 2019 2020 2021 Jan-19 Jan-20 Jan-21 Pima (AZ) Cochise (AZ) Yuma (AZ) Santa Cruz (AZ) Clark (NV) Douglas (OR) 42Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Examples Of Growth: Centene Case Study Proven Agile P3 Model Allows for Rapid Scale Membership Growth Across States Proven, Agile Model Allows for Rapid Scale OR Douglas County ~15k NV ~10k CA Clark County AZ Yuma County Pima County Cochise County Santa Cruz County ~1k 2019 2020 2021 Jan-19 Jan-20 Jan-21 Pima (AZ) Cochise (AZ) Yuma (AZ) Santa Cruz (AZ) Clark (NV) Douglas (OR) 42


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Examples Of Organic Growth: Arizona Connected Care Case Study Membership Growth Across Mature State Proven, Agile Model Allows for Rapid Scale Entered into provider partnership with Arizona Connected Care in 2018 that provided core market infrastructure and allowed us to expand our scalable model within the state Yavapai County 5 Our Arizona PCP network grew from ~300 to ~700 between AZ 2018-2019 Yuma County Expanded network enabled additional risk contracts 4 (1 contract to 4) and accelerated membership growth Pima County Cochise County 1 (~10K full risk lives to ~16K) 2 3 Santa Cruz County Shared savings lives obtained with Arizona Connected Care provided springboard for conversion to MA risk and direct contracting 43Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Examples Of Organic Growth: Arizona Connected Care Case Study Membership Growth Across Mature State Proven, Agile Model Allows for Rapid Scale Entered into provider partnership with Arizona Connected Care in 2018 that provided core market infrastructure and allowed us to expand our scalable model within the state Yavapai County 5 Our Arizona PCP network grew from ~300 to ~700 between AZ 2018-2019 Yuma County Expanded network enabled additional risk contracts 4 (1 contract to 4) and accelerated membership growth Pima County Cochise County 1 (~10K full risk lives to ~16K) 2 3 Santa Cruz County Shared savings lives obtained with Arizona Connected Care provided springboard for conversion to MA risk and direct contracting 43


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Has a Scalable and Repeatable Playbook for Market Entry 2018 2019 2020 ➢ Identify and retain local leadership teams ➢ Build propriety network including primary care physicians, specialists, and health systems ➢ Recruit and train local care teams ➢ Apply proprietary tools and technology: Risk Stratification, Patient 360 ➢ Align value-based incentives to primary care physicians Initial Market Investment of $5M to $8M in Operating Spend 44Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Has a Scalable and Repeatable Playbook for Market Entry 2018 2019 2020 ➢ Identify and retain local leadership teams ➢ Build propriety network including primary care physicians, specialists, and health systems ➢ Recruit and train local care teams ➢ Apply proprietary tools and technology: Risk Stratification, Patient 360 ➢ Align value-based incentives to primary care physicians Initial Market Investment of $5M to $8M in Operating Spend 44


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Strong Markets, Diverse Relationships And Growth Trajectory Select National and Local Payor Relationships Current states Expansion states Current counties 45Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Strong Markets, Diverse Relationships And Growth Trajectory Select National and Local Payor Relationships Current states Expansion states Current counties 45


Proven OutcomesProven Outcomes


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Model Drove ~20% Reduction of Medical Cost in First Three Years 1 Medical Cost Reduction of $113 PMPM ➢ Results reflect first P3 payor contract in Arizona (“Payor A”) ➢ Aligned physician incentives increased patient access, improved clinical outcomes and reduced hospital admissions and ED visits ➢ Reshaped local network reduced medical costs while maintaining quality of care ➢ Delegated services created value for providers and payors 1 Reflects Part C Medical Cost of Payor 1 (PMPM) 47Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Model Drove ~20% Reduction of Medical Cost in First Three Years 1 Medical Cost Reduction of $113 PMPM ➢ Results reflect first P3 payor contract in Arizona (“Payor A”) ➢ Aligned physician incentives increased patient access, improved clinical outcomes and reduced hospital admissions and ED visits ➢ Reshaped local network reduced medical costs while maintaining quality of care ➢ Delegated services created value for providers and payors 1 Reflects Part C Medical Cost of Payor 1 (PMPM) 47


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Aligned Primary Care Physician Incentives Deliver Optimal Patient Care Base Compensation Value-Based Incentive Program Surplus Sharing Program ➢ No changes made to base ➢ PCPs immediately qualify for ➢ PCPs share in cumulate surplus compensation once primary care additional payments to incentivize created by improved clinical physicians become P3 affiliates patient access: outcomes and lower cost of care ➢ Comprehensive examinations ➢ PCP incentivize to focus on quality ➢ >75% patients have PCP visit of care rather than quantity of within 7 days of discharge services provided ➢ >90% patients receive comprehensive examination ➢ Provide remote access to EHR 50/50 split ➢ Coordinate care and perform case study reviews with P3 care team 48


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Built A Proprietary Network of Physicians, Specialists and Health Systems Payor 1 ➢ Initially relied on pre-existing (Payor 1) contracts for physician Payor 1 Payor 2 and health system partners Payor 3 Payor 4 ➢ P3 incorporated feedback Payor 1 Network P3 Network from PCPs with data regarding quality and effectiveness to understand and reshape network Independent Physician Independent Physician Physicians Groups Physicians Groups ➢ Throughout the year, P3 negotiated directly with providers and health systems to enter new contracts Hospitals, Health Systems, Hospitals, Health Systems, Facilities and Ancillary Providers Facilities and Ancillary Providers st st January 1 , 2018 January 1 , 2019 49Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Built A Proprietary Network of Physicians, Specialists and Health Systems Payor 1 ➢ Initially relied on pre-existing (Payor 1) contracts for physician Payor 1 Payor 2 and health system partners Payor 3 Payor 4 ➢ P3 incorporated feedback Payor 1 Network P3 Network from PCPs with data regarding quality and effectiveness to understand and reshape network Independent Physician Independent Physician Physicians Groups Physicians Groups ➢ Throughout the year, P3 negotiated directly with providers and health systems to enter new contracts Hospitals, Health Systems, Hospitals, Health Systems, Facilities and Ancillary Providers Facilities and Ancillary Providers st st January 1 , 2018 January 1 , 2019 49


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Reshaped Local Network to Drive Medical Cost Reductions Specialty Cost Reductions ($, PMPM) ➢ P3 reduced the number of home health providers in network and negotiated capitated contract by January st 1 , 2019 ($15 PMPM savings) ➢ P3 identified specialty providers (ex. ophthalmology) that were running at above market costs ➢ P3 engaged ophthalmologists to discuss general alternatives; Retinal surgeons increased usage of Avastin (vs. Eylea and Lucentis) in 2019 saving ~$7 PMPM ➢ Further network management based on negotiated reimbursement models and stronger unit costs Home Health Ophthalmology 50Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Reshaped Local Network to Drive Medical Cost Reductions Specialty Cost Reductions ($, PMPM) ➢ P3 reduced the number of home health providers in network and negotiated capitated contract by January st 1 , 2019 ($15 PMPM savings) ➢ P3 identified specialty providers (ex. ophthalmology) that were running at above market costs ➢ P3 engaged ophthalmologists to discuss general alternatives; Retinal surgeons increased usage of Avastin (vs. Eylea and Lucentis) in 2019 saving ~$7 PMPM ➢ Further network management based on negotiated reimbursement models and stronger unit costs Home Health Ophthalmology 50


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Proprietary Network Enables Membership Growth P3 Arizona MA Lives (K) ➢ Our provider network often serves a patient panel beyond our existing payor relationships ➢ An established network provides a common ground for conversations with additional payor partners 51Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Proprietary Network Enables Membership Growth P3 Arizona MA Lives (K) ➢ Our provider network often serves a patient panel beyond our existing payor relationships ➢ An established network provides a common ground for conversations with additional payor partners 51


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Improved Clinical Outcomes and Reduced Medical Cost with Scalable Model “ “ “ “ ~20% 35% 135% 2,000 reduction in medical reduction in hospital 3 4 Revenue growth 2021E PCPs 2 1 costs admissions 1 2 3 Based on P3's hospital admission rate per thousand of 161 in Arizona as of December 31, 2019, compared to the local Medicare benchmark of 248; Reflects Reduced Part C Medical Cost / Per Member Per Month of Payor 1 from 2018 to 2020; Represents revenue growth from 2018 to 4 2020; Physician numbers are approximate. 52 “ “ “Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Improved Clinical Outcomes and Reduced Medical Cost with Scalable Model “ “ “ “ ~20% 35% 135% 2,000 reduction in medical reduction in hospital 3 4 Revenue growth 2021E PCPs 2 1 costs admissions 1 2 3 Based on P3's hospital admission rate per thousand of 161 in Arizona as of December 31, 2019, compared to the local Medicare benchmark of 248; Reflects Reduced Part C Medical Cost / Per Member Per Month of Payor 1 from 2018 to 2020; Represents revenue growth from 2018 to 4 2020; Physician numbers are approximate. 52 “ “ “


Financial OverviewFinancial Overview


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Clear And Visible Path For Membership Growth Target Long-Term 35% Annual Patient Growth Rate Through a Mix of Payor and Provider Opportunities → Multiple Levers of Growth 8-10% 3-5% 3-5% 3-5% 3-5% 3-5% 5-10% Opportunity Opportunity Opportunity Opportunity Opportunity Opportunity Opportunity Large Provider Existing Contracts Existing Counties New Counties New States De novo clinics Small Clinic Tuck-Ins Partnerships ◼ Annual enrollment ◼ New payor ◼ Existing contracts◼ New payor ◼ 1-3 clinics per ◼ Targets per ◼ Robust near and period contracts contracts state market long-term pipeline ◼ New contracts ◼ Open enrollment ◼ New provider ◼ New network period contracts partnerships (JV) ◼ Rest of year◼ Existing contracts 1 P3’s Growth strategy is based on strong existing market growth and a near-term new market entry plan 54 1 Estimates are based on management’s review of opportunities Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Clear And Visible Path For Membership Growth Target Long-Term 35% Annual Patient Growth Rate Through a Mix of Payor and Provider Opportunities → Multiple Levers of Growth 8-10% 3-5% 3-5% 3-5% 3-5% 3-5% 5-10% Opportunity Opportunity Opportunity Opportunity Opportunity Opportunity Opportunity Large Provider Existing Contracts Existing Counties New Counties New States De novo clinics Small Clinic Tuck-Ins Partnerships ◼ Annual enrollment ◼ New payor ◼ Existing contracts◼ New payor ◼ 1-3 clinics per ◼ Targets per ◼ Robust near and period contracts contracts state market long-term pipeline ◼ New contracts ◼ Open enrollment ◼ New provider ◼ New network period contracts partnerships (JV) ◼ Rest of year◼ Existing contracts 1 P3’s Growth strategy is based on strong existing market growth and a near-term new market entry plan 54 1 Estimates are based on management’s review of opportunities


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3’s Proven Track Record Of Organic Growth Total Full Risk Lives Total Revenue Note: Patient numbers are approximate 55Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3’s Proven Track Record Of Organic Growth Total Full Risk Lives Total Revenue Note: Patient numbers are approximate 55


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Continued Momentum in 1H21 Despite COVID Headwind 1 1 Revenue EBITDA PMPM EBITDA% $(43) $(49) -5.3% -5.5% $(39) -3.6% 2 2 Estimated Impact of COVID Estimated Impact of COVID 1H-20A 1H-21A 1H-20A 1H-21A 1 Note: Adjusted EBITDA is defined as net income (loss) before interest, income taxes, depreciation and amortization, further adjusted to add back the effect of certain expenses, such as mark-to-market warrant expense, premium deficiency reserves and stock based compensation; 2 Reflects $11M impact of third-party medical costs directly attributable to COVID-related admissions. 56


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Strong Growth Momentum Projected to Continue Total Full Risk Lives Total Revenue Note: Patient numbers are approximate 57Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Strong Growth Momentum Projected to Continue Total Full Risk Lives Total Revenue Note: Patient numbers are approximate 57


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Near-Term Opportunities in Our Pipeline Represent 100K+ Lives Select Payor Partnership Opportunity Select Provider Partnership Opportunity ➢ P3 has a pre-existing relationship with Payor B in ➢ P3 pinpoints market in Western United States as current markets attractive for value-based care enablement and overarching company growth strategy ➢ Payor B values increased quality of care and lowered medical costs P3 has enabled in current markets and ➢ P3 identifies Provider A as potential partner and begins wants to expand partnership discussions ➢ Opportunity with Payor B to enter market in Southwest ➢ Opportunity with Provider A for 10K MA lives, with P3 for 8K MA lives, with P3 to take on global risk to take on global risk 58Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Near-Term Opportunities in Our Pipeline Represent 100K+ Lives Select Payor Partnership Opportunity Select Provider Partnership Opportunity ➢ P3 has a pre-existing relationship with Payor B in ➢ P3 pinpoints market in Western United States as current markets attractive for value-based care enablement and overarching company growth strategy ➢ Payor B values increased quality of care and lowered medical costs P3 has enabled in current markets and ➢ P3 identifies Provider A as potential partner and begins wants to expand partnership discussions ➢ Opportunity with Payor B to enter market in Southwest ➢ Opportunity with Provider A for 10K MA lives, with P3 for 8K MA lives, with P3 to take on global risk to take on global risk 58


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Capital Efficient, Affiliate Model Delivers Significant Value 2 P3 Model Gives Strong Return on Investment Medical Cost Reduction of ~20% 1 ~$5-8M investment to enter new market 1 ~$300M revenue in Year 4 Arizona 1 2 Management estimates and calculations; Reflects Part C Medical Cost of Payor 1 (PMPM). 59Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Capital Efficient, Affiliate Model Delivers Significant Value 2 P3 Model Gives Strong Return on Investment Medical Cost Reduction of ~20% 1 ~$5-8M investment to enter new market 1 ~$300M revenue in Year 4 Arizona 1 2 Management estimates and calculations; Reflects Part C Medical Cost of Payor 1 (PMPM). 59


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Long-Term KPI Targets ➢ Leverage existing payor / provider relationships to extend into adjacent markets 3 – 5 ➢ Establish new payor / provider relationships to enter new markets Counties per year ➢ Strategically build / acquire centers in key markets to complement our MSO and 35% affiliate model Annual membership ➢ Improved care outcomes promote strong patient retention and acquisition growth ➢ Reduce MCR across markets, driving better care and carving out unnecessary waste 70% ➢ Continuously leverage growing tech platform to drive down medical costs MCR ➢ Leverage across administrative and shared services drive improved operating 20%+ expense margin EBITDA margin ➢ Limited capital expenditures to fuel affiliate growth model 60Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview Long-Term KPI Targets ➢ Leverage existing payor / provider relationships to extend into adjacent markets 3 – 5 ➢ Establish new payor / provider relationships to enter new markets Counties per year ➢ Strategically build / acquire centers in key markets to complement our MSO and 35% affiliate model Annual membership ➢ Improved care outcomes promote strong patient retention and acquisition growth ➢ Reduce MCR across markets, driving better care and carving out unnecessary waste 70% ➢ Continuously leverage growing tech platform to drive down medical costs MCR ➢ Leverage across administrative and shared services drive improved operating 20%+ expense margin EBITDA margin ➢ Limited capital expenditures to fuel affiliate growth model 60


Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Investment Highlights Large, Growing TAM ➢ $300b Medicare Advantage market with ~9% growth rate With Significant Whitespace➢ Minimal market penetration; ~2% of MA lives managed by value-based care physician enablers Deeply Experienced ➢ Led by one of the most experienced leadership teams in industry; 20+ years of experience in value-based care Management Team and medical cost management Capital Efficient & ➢ Partner with existing physician base (affiliate model) versus building new (employed / clinic model) Scalable Model ➢ Built-in patient panel day 1 leverages existing installed physician base to enable accelerated growth ➢ Proven model enables better patient experience, greater physician satisfaction, improved clinical outcomes and Proven Outcomes lower medical costs ➢ Flexible market entry through payor or provider partnership that preserves existing patient provider relationship Multiple Avenues of ➢ Multiple opportunities to grow membership through existing payors / providers, new payors, new providers, Organic Growth new markets, etc. 61Overview P3 Health Partners Growth Strategy Proven Outcomes Financial Overview P3 Investment Highlights Large, Growing TAM ➢ $300b Medicare Advantage market with ~9% growth rate With Significant Whitespace➢ Minimal market penetration; ~2% of MA lives managed by value-based care physician enablers Deeply Experienced ➢ Led by one of the most experienced leadership teams in industry; 20+ years of experience in value-based care Management Team and medical cost management Capital Efficient & ➢ Partner with existing physician base (affiliate model) versus building new (employed / clinic model) Scalable Model ➢ Built-in patient panel day 1 leverages existing installed physician base to enable accelerated growth ➢ Proven model enables better patient experience, greater physician satisfaction, improved clinical outcomes and Proven Outcomes lower medical costs ➢ Flexible market entry through payor or provider partnership that preserves existing patient provider relationship Multiple Avenues of ➢ Multiple opportunities to grow membership through existing payors / providers, new payors, new providers, Organic Growth new markets, etc. 61


Appendix


Proposed Transaction Overview P3 Health Partners entered into a definitive agreement to merge with Foresight Acquisition Corp. (FOREU) on May 25, 2021 • The transaction is expected to be funded through a combination of: 1 • FOREU’s $316M of cash in trust • And $209M of committed PIPE financing • Net proceeds used to fund cash to balance sheet for growth initiatives, cash consideration to selling shareholders, and general corporate purposes 1 • Current shareholders of P3 expected to maintain 75% of pro forma ownership • Close expected in Q4 2021 1 Assumes no redemptions 63Proposed Transaction Overview P3 Health Partners entered into a definitive agreement to merge with Foresight Acquisition Corp. (FOREU) on May 25, 2021 • The transaction is expected to be funded through a combination of: 1 • FOREU’s $316M of cash in trust • And $209M of committed PIPE financing • Net proceeds used to fund cash to balance sheet for growth initiatives, cash consideration to selling shareholders, and general corporate purposes 1 • Current shareholders of P3 expected to maintain 75% of pro forma ownership • Close expected in Q4 2021 1 Assumes no redemptions 63


Pro Forma Capitalization and Ownership 4 Estimated Transaction Sources And Uses ($M) Post-money Valuation At Close ($M) PF Transaction Sources ($M) Illustrative P3 share price $10.00 Existing P3 equity rollover $1,821 PF shares outstanding 242.3 1 Proceeds from Trust Account 316 Total PF equity value $2,423 Proceeds from Subscription Agreements 209 ( + ) debt at close 61 ( - ) cash at close (194) Total Sources $2,346 Total PF enterprise value $2,290 Uses ($M) 2022E revenue $825 Existing P3 equity rollover $1,821 2023E revenue $1,255 2 Redemptions of Public Shares -- PF 2022E EV / revenue 2.8X Cash to P3 Equity holders 305 PF 2023E EV / revenue 1.8X Cash to balance sheet 180 4 Illustrative Post Transaction Ownership 3 Transaction fees and expenses 40 Subscribers 8.6% Sponsors 3.6% Total uses $2,346 Public Stockholders 13.0% Existing P3 Equityholders (non- 3 ¹ Cash held in the Trust Account as of March 31, 2021; ² Represents the redemption of public shares in the no redemption scenario; Represents the blockers & blockers) 74.9% 4 estimated amount of transaction expenses to be paid at the Closing of the Business Combination; Total pro forma shares outstanding assumes 181.1mm from existing P3 shareholders, 31.6mm from Foresight shareholders, 20.9mm from new PIPE investors and 8.7mm from Foresight sponsor. Excludes outstanding public warrants and warrants held by SPAC sponsor and any shares that may be issued in connection with a warrant exchange 64 offer or solicitation of approval to amend the warrantsPro Forma Capitalization and Ownership 4 Estimated Transaction Sources And Uses ($M) Post-money Valuation At Close ($M) PF Transaction Sources ($M) Illustrative P3 share price $10.00 Existing P3 equity rollover $1,821 PF shares outstanding 242.3 1 Proceeds from Trust Account 316 Total PF equity value $2,423 Proceeds from Subscription Agreements 209 ( + ) debt at close 61 ( - ) cash at close (194) Total Sources $2,346 Total PF enterprise value $2,290 Uses ($M) 2022E revenue $825 Existing P3 equity rollover $1,821 2023E revenue $1,255 2 Redemptions of Public Shares -- PF 2022E EV / revenue 2.8X Cash to P3 Equity holders 305 PF 2023E EV / revenue 1.8X Cash to balance sheet 180 4 Illustrative Post Transaction Ownership 3 Transaction fees and expenses 40 Subscribers 8.6% Sponsors 3.6% Total uses $2,346 Public Stockholders 13.0% Existing P3 Equityholders (non- 3 ¹ Cash held in the Trust Account as of March 31, 2021; ² Represents the redemption of public shares in the no redemption scenario; Represents the blockers & blockers) 74.9% 4 estimated amount of transaction expenses to be paid at the Closing of the Business Combination; Total pro forma shares outstanding assumes 181.1mm from existing P3 shareholders, 31.6mm from Foresight shareholders, 20.9mm from new PIPE investors and 8.7mm from Foresight sponsor. Excludes outstanding public warrants and warrants held by SPAC sponsor and any shares that may be issued in connection with a warrant exchange 64 offer or solicitation of approval to amend the warrants


Historical Results $M 2018A 2019A 2020A 1H-21A At-Risk Membership 10,400 19,700 50,600 56,200 Capitated Revenue $86 $139 $472 $295 Other Revenue 1 7 14 8 Total Revenue $88 $146 $485 $303 Capitated % of Total Revenue 98% 95% 97% 97% Medical Cost 92 141 486 298 MCR % Cap. Revenue 107% 102% 103% 101% MCR% Total Revenue 105% 97% 100% 98% Total Operating Expense 31 37 55 33 Opex % of Total Revenue 35% 25% 11% 11% EBITDA ($36) ($32) ($55) ($28) % Margin (41%) (22%) (11%) (9%) 65Historical Results $M 2018A 2019A 2020A 1H-21A At-Risk Membership 10,400 19,700 50,600 56,200 Capitated Revenue $86 $139 $472 $295 Other Revenue 1 7 14 8 Total Revenue $88 $146 $485 $303 Capitated % of Total Revenue 98% 95% 97% 97% Medical Cost 92 141 486 298 MCR % Cap. Revenue 107% 102% 103% 101% MCR% Total Revenue 105% 97% 100% 98% Total Operating Expense 31 37 55 33 Opex % of Total Revenue 35% 25% 11% 11% EBITDA ($36) ($32) ($55) ($28) % Margin (41%) (22%) (11%) (9%) 65


Adjusted EBITDA Reconciliation A ➢ Represents an add-back Year Ended December 31 Six Months Ended June 30 of non-cash charges related to fair-market ($s in thousands) 2019 2020 2020 2021 value estimates for Net income (loss) (42,917) (45,382) (15,353) (51,575) warrants attached to Company’s existing debt Interest (income) expense, net 3,479 9,970 4,563 8,175 Income tax expense - 148 - - B ➢ Represents an add-back of non-cash charges to Depreciation expense 399 795 368 762 record certain contract losses in advance Mark-to-market warrant expense - - - 10,974 A Premium deficiency reserve 6,364 (20,539) (2,378) 3,000 B ➢ Represents an add-back C of non-cash Stock-based compensation 474 447 568 1,024 C compensation charges EBITDA, adjusted (32,201) (54,560) (12,232) (27,640) Adjusted EBITDA (%) (22%) (11%) (5%) (9%) 66Adjusted EBITDA Reconciliation A ➢ Represents an add-back Year Ended December 31 Six Months Ended June 30 of non-cash charges related to fair-market ($s in thousands) 2019 2020 2020 2021 value estimates for Net income (loss) (42,917) (45,382) (15,353) (51,575) warrants attached to Company’s existing debt Interest (income) expense, net 3,479 9,970 4,563 8,175 Income tax expense - 148 - - B ➢ Represents an add-back of non-cash charges to Depreciation expense 399 795 368 762 record certain contract losses in advance Mark-to-market warrant expense - - - 10,974 A Premium deficiency reserve 6,364 (20,539) (2,378) 3,000 B ➢ Represents an add-back C of non-cash Stock-based compensation 474 447 568 1,024 C compensation charges EBITDA, adjusted (32,201) (54,560) (12,232) (27,640) Adjusted EBITDA (%) (22%) (11%) (5%) (9%) 66


Innovative, Patient-Centered And Physician-Led Care Delivery Model Clinical Ownership Physician Engagement Adoption of Best Clinical Practices Population Engagement Improved Lower Cost Clinical Experience Of Care Data Reporting Access Improved Improved Clinical Patient Outcomes Experience Health Promotion and Disease Prevention Care Integration and Coordination Risk Stratification Understanding Population’s Disease Burden 67Innovative, Patient-Centered And Physician-Led Care Delivery Model Clinical Ownership Physician Engagement Adoption of Best Clinical Practices Population Engagement Improved Lower Cost Clinical Experience Of Care Data Reporting Access Improved Improved Clinical Patient Outcomes Experience Health Promotion and Disease Prevention Care Integration and Coordination Risk Stratification Understanding Population’s Disease Burden 67


Direct Contracting Represents An Upside To Our Model 2023 – 2027 • CMS expanding Global-Risk contracting through DCEs to Traditional Medicare beneficiaries (Projected $488B total addressable market opportunity) • Opportunity to aggregate physicians and implement the P3 model Current Status Annual Medicare • Global risk contracting is only spending ~$800bn Medicare 1 available to 39% of beneficiaries per year Advantage, through Medicare Advantage 39% Traditional DCE provides an $800bn programs Medicare, opportunity to 1 61% • 61% of all Medicare beneficiaries triple the P3 are enrolled in Traditional Medicare addressable market (fee-for-service) • Guidelines and regulations have yet to be finalized; we continue to actively study the opportunity 68 1 2 Represents FY2020, Kaiser Family Foundation; Represents 2021EDirect Contracting Represents An Upside To Our Model 2023 – 2027 • CMS expanding Global-Risk contracting through DCEs to Traditional Medicare beneficiaries (Projected $488B total addressable market opportunity) • Opportunity to aggregate physicians and implement the P3 model Current Status Annual Medicare • Global risk contracting is only spending ~$800bn Medicare 1 available to 39% of beneficiaries per year Advantage, through Medicare Advantage 39% Traditional DCE provides an $800bn programs Medicare, opportunity to 1 61% • 61% of all Medicare beneficiaries triple the P3 are enrolled in Traditional Medicare addressable market (fee-for-service) • Guidelines and regulations have yet to be finalized; we continue to actively study the opportunity 68 1 2 Represents FY2020, Kaiser Family Foundation; Represents 2021E


Our Technology Suite Enables The Delivery Of High-Quality Care At Scale Inputs – Fragmented Technology Platform – Built For Purpose Value - Proven ✓ 250+ fragmented, ✓ Data-backed solutions and Multi-Layered Tech Stack Enables Our Effective Care Model And Quadruple Aim: Lower Cost of Care, Improved Clinical Experience, disparate data points per care provision Improved Patient Experience, Improved Clinical Outcomes month from payors, ✓ Seamless transition of payor vendors and care and patient data across facilitates P3 Care Connect P3 Care Connect: ◼ Utilization ◼ Care management platforms 6 1 management ✓ Claims adjudication data ✓ Real-time data sharing ✓ Contracting/credentialing ✓ Predictive analytics and Analytic P3 Care Connect: Management Tools: ◼ Disease ✓ Payment integrity 5 risk stratification 2 management ◼ Multi-faceted reporting tool information ✓ Standardized workflows ✓ Other COTs applications across complex patient Provider Portal panels Provider Portal: Back Office Suite: 4 3 ◼ Integrated provider ◼ End-to-end back office dashboard integration across the care continuum 69Our Technology Suite Enables The Delivery Of High-Quality Care At Scale Inputs – Fragmented Technology Platform – Built For Purpose Value - Proven ✓ 250+ fragmented, ✓ Data-backed solutions and Multi-Layered Tech Stack Enables Our Effective Care Model And Quadruple Aim: Lower Cost of Care, Improved Clinical Experience, disparate data points per care provision Improved Patient Experience, Improved Clinical Outcomes month from payors, ✓ Seamless transition of payor vendors and care and patient data across facilitates P3 Care Connect P3 Care Connect: ◼ Utilization ◼ Care management platforms 6 1 management ✓ Claims adjudication data ✓ Real-time data sharing ✓ Contracting/credentialing ✓ Predictive analytics and Analytic P3 Care Connect: Management Tools: ◼ Disease ✓ Payment integrity 5 risk stratification 2 management ◼ Multi-faceted reporting tool information ✓ Standardized workflows ✓ Other COTs applications across complex patient Provider Portal panels Provider Portal: Back Office Suite: 4 3 ◼ Integrated provider ◼ End-to-end back office dashboard integration across the care continuum 69