MultiPlan Corporation Announces Effective Date of Reverse Stock Split Page 1

MultiPlan Corporation (“MultiPlan” or the “Company”) (NYSE: MPLN), a leading provider of technology and data-driven cost management, payment and revenue integrity solutions for the U.S. healthcare industry, today announced that it expects to complete a 1-for-40 reverse stock split of its outstanding Class A common stock (the “Common Stock”), effective at 5:00 p.m. Eastern Time on September 20, 2024. MultiPlan’s common stock will continue to trade on the New York Stock Exchange (“NYSE”) under its existing symbol (MPLN) and will begin trading on a split-adjusted basis at the open of trading on September 23, 2024 with the new CUSIP number 62548M209.

From the effective date of the reverse stock split, each common share will automatically split into one-fortieth (1/40^th) of one share of the issued and outstanding common stock. This will reduce the number of shares outstanding from approximately 658,127,871 shares to approximately 16,453,197 shares (each excluding treasury shares), subject to adjustment for fractional shares.