EY Announces Carlos de Solo of CareMax, Inc. as an Entrepreneur Of The Year® 2021 Florida Award Finalist

Celebrating the 35th class of unstoppable entrepreneurs who transform Florida and beyond

Ernst & Young LLP (EY US) announced that Carlos de Solo, CEO of CareMax, Inc. (Nasdaq: CMAX), was named an Entrepreneur Of The Year^® 2021 Florida Award finalist. Now in its 35th year, the Entrepreneur Of The Year program honors unstoppable business leaders whose ambition, ingenuity and courage in the face of adversity help catapult us from the now to next and beyond.

De Solo was selected by a panel of independent judges. Award winners will be announced during a special virtual celebration on August 5, 2021 and will become lifetime members of an esteemed community of Entrepreneur Of The Year alumni from around the world.

Entrepreneur Of The Year is one of the preeminent competitive award programs for entrepreneurs and leaders of high-growth companies. The nominees are evaluated based on six criteria: entrepreneurial leadership; talent management; degree of difficulty; financial performance; societal impact and building a values-based company; and originality, innovation and future plans. Since its launch, the program has expanded to recognize business leaders in more than 145 cities in over 60 countries around the world.

“It is a true honor to be nominated for the Entrepreneur of the Year award during a significant period of growth and expansion for CareMax,” de Solo said. “This is not just a recognition of me personally, but also an acknowledgment and appreciation of the CareMax team. They are responsible for the positive direction CareMax is headed as we work to bring our whole person healthcare approach to seniors nationwide.”

CareMax is a technology-enabled care platform providing value-based care and chronic disease management to seniors. CareMax currently operates 36 medical centers across South Florida with over 62,000 patients. De Solo founded CareMax in 2011, when he was just 33 years old, with $200,000 – the company is now valued at approximately $1 billion. His dedication to changing the way seniors are treated in South Florida has transformed thousands of lives.

Regional award winners are eligible for consideration for the Entrepreneur Of The Year National Awards, to be announced in November 2021 at the Strategic Growth Forum^®, one of the nation’s most prestigious gatherings of high-growth, market-leading companies. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year™ Award in June 2022.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored by SAP America. In Florida, sponsors also include Premium sponsor PNC Bank and Supporting sponsors DLA Piper LLP and Donnelly Financial Solutions.

About Entrepreneur Of The Year^®

Entrepreneur Of The Year^® is the world’s most prestigious business awards program for unstoppable entrepreneurs. These visionary leaders deliver innovation, growth and prosperity that transform our world. The program engages entrepreneurs with insights and experiences that foster growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind. It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. National Overall winners go on to compete for the EY World Entrepreneur Of The Year™ title.

About EY Private

As Advisors to the ambitious™, EY Private professionals possess the experience and passion to support private businesses and their owners in unlocking the full potential of their ambitions. EY Private teams offer distinct insights born from the long EY history of working with business owners and entrepreneurs. These teams support the full spectrum of private enterprises including private capital managers and investors and the portfolio businesses they fund, business owners, family businesses, family offices and entrepreneurs. Visit ey.com/us/private

About EY

EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

About CareMax

CareMax is a technology-enabled care platform providing value-based care and chronic disease management to seniors. CareMax operates medical centers that offer a comprehensive suite of healthcare and social services, and a proprietary software and services platform that provides data, analytics, and rules-based decision tools/workflows for physicians across the United States. Learn more at www.caremax.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements include statements regarding CareMax’s future growth and strategy. Words such as "anticipate," "believe," "budget," "contemplate," "continue," "could," "envision," "estimate," "expect," "guidance," "indicate," "intend," "may," "might," "plan," "possibly," "potential," "predict," "probably," "pro-forma," "project," "seek," "should," "target," or "will," or the negative or other variations thereof, and similar words or phrases or comparable terminology, are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside CareMax’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.

Important risks and uncertainties that could cause CareMax’s actual results and financial condition to differ materially from those indicated in forward-looking statements include, among others, CareMax’s ability to expand its business; changes in market or industry conditions, regulatory environment, competitive conditions, and receptivity to CareMax’s services; CareMax’s ability to continue its growth; changes in laws and regulations applicable to CareMax’s business, in particular with respect to Medicare Advantage or Medicaid; CareMax’s ability to maintain its relationships with health plans and other key payers; the impact of COVID-19 or another pandemic, epidemic or outbreak of infectious disease on CareMax’s business and results of operation; and CareMax’s ability to recruit and retain qualified team members and independent physicians. For a detailed discussion of the risk factors that could affect CareMax’s actual results, please refer to the risk factors identified in CareMax’s reports filed with the SEC. All information provided in this press release is as of the date hereof, and CareMax’s undertakes no duty to update or revise this information unless required by law.

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