Does Degree Wellness have any currently effective orders from national securities associations or exchanges suspending or expelling individuals identified in Item 2?

According to Degree Wellness's 2025 Franchise Disclosure Document, specifically the California Addendum, neither Degree Wellness Franchise, LLC, nor any person identified in Item 2 of the document, is subject to any currently effective order from any national securities association or national securities exchange. This relates to potential suspensions or expulsions from membership in such associations or exchanges, as defined in the Securities Exchange Act of 1934.

This disclosure is specific to California due to the state's franchise investment law requiring additional disclosures. The statement assures prospective franchisees in California that the company and its key personnel have not faced disciplinary actions from national securities associations or exchanges that would impact their ability to operate the franchise. This is a standard disclosure in franchise documents, particularly in states with stringent franchise laws, to provide transparency about the franchisor's background and potential risks.

For a prospective franchisee, this information is reassuring as it indicates that the leadership of Degree Wellness has not been subject to regulatory actions related to securities violations. However, it is essential to remember that this statement applies specifically to orders from national securities associations or exchanges. It does not cover other types of legal or regulatory issues that Degree Wellness or its personnel might have faced. Therefore, potential franchisees should still conduct thorough due diligence, including reviewing Item 3 of the FDD for details on litigation and Item 4 for bankruptcy disclosures, to gain a comprehensive understanding of the franchisor's background.