IMAC Holdings, Inc. announced on May 23, 2024, Matthew C. Wallis, DC, notified the Board of Directors of his resignation as director, effective immediately. Also on May 23, 2024, Jeffrey S. Ervin notified the Board of his resignation as director, effective immediately. Neither Mr. Wallis?

nor Mr. Ervin?s resignation resulted from any disagreement with the Company?s operations, policies or practices. Effective May 24, 2024, Mr. Ervin and the Company entered into a Consulting Agreement pursuant to which Mr. Ervin will serve as an advisor to the Company to ensure a smooth management transition. The Ervin Consulting Agreement has a term of four months and provides for Mr. Ervin to receive compensation consisting of eight thousand dollars per month.

Upon Mr. Wallis? and Mr. Ervin?s resignations from the Board, the size of the Board was reduced from five to three directors.