Third Quarter 2026 Earnings Webcast (Medifast Third Quarter 2026 Earnings Supplement)

SIMPLICITY

SCALE

STEWARDSHIP

• 45+ years of scientific heritage

• Once-in-a-generation opportunity to redefine wellness, as 90%+ US adults are metabolically unhealthy*

• Targeting visceral fat reduction, lean mass retention, and healthy muscle protection

• Not just measured by pounds lost, but by how much healthier a person becomes

• Products launched in 2026 with clinically studied ingredients to support metabolic health

• Human connection is core to approach

  +

• Coaches translate underlying science into real-world results

• Clinical data shows clients who work with a coach lose 10x more weight** and 17x more fat** than those who go it alone

• New compensation plan combines incentives, best practices, and recognition to help coaches grow their businesses

• Trilivy Coach Hub and Business Blueprint to educate and support

• A 10-year plan through 2036 to drive innovation and advance optimal health and wellbeing

  +

• A disciplined focus on speed, simplicity, scale, and stewardship

• An ecosystem built to support clients across their whole health journey - expanding the market served

• HSA/FSA eligibility on select plans that makes the solution more affordable for more clients†

  *O'Hearn M, et al. Trends and Disparities in Cardiometabolic Health Among U.S. Adults, 1999-2018. J Am Coll Cardiol. 2022;80(2):138-151. doi: 10.1016/j.jacc.2022.04.046.

  **Those on the Reset 5 & 1 Plan with support of a coach successfully lost 10x more weight and 17x more fat than those who tried to lose weight on their own. Arterburn LM, et al. Randomized controlled trial assessing two commercial weight loss programs in adults with overweight or obesity. Obes Sci Pract. 2018;5(1):3-14. doi: 10.1002/osp4.312.

  †Available for reimbursement on select insurance plans using Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA)

  New Brand:

• Launch of the new brand saw increased engagement across our digital properties

  +468%

  Post Engagements

  +126%

  Post Likes

  +27%

  Website Traffic

  Slide to become social and marketing traction slide for Trilivy

  Updated

  I'm not really sure what the small images are doing for this slide. Alt version following this one.

  *July 2026 compared to June 2026

  © 2026 Medifast, Inc. All Rights Reserved.

  8

  Coach Hub

  Coach Leadership Belief in the Business

  Increased Field Leadership Energy & Engagement

• Select group of coach leaders raising their hands to help lead the future growth of the business

• Coach leaders are taking greater ownership of building the business alongside the company

• Members of the cohort are investing their own capital through ownership in the company

• Energy seen at recent events including Trilivy Leadership Symposium and NYSE closing bell ringing

• Dr. Wayne Scott Andersen playing an active leadership role in the coach community

• Created by a group of top Field leaders

• Central location where new and existing coaches learn how to put the Trilivy Business Blueprint into practice

• The Blueprint sets out what to do, in six core fundamentals running from identifying clients through to onboarding and coaching

• Trilivy Coach Certification sets a consistent standard of knowledge across the Field

• As coaches reach Executive Director and teach new coaches to do the same, the flywheel grows the business

  Metabolic Synchronization®: Medifast's Breakthrough Scientific Framework

  Metabolic Synchronization

  Outcomes

  →

  Targets the root of metabolic dysfunction to improve metabolic health beyond weight loss

• Systematic harmonization of the body's metabolic processes at the cellular level

• Works with the body to help reset key metabolic processes that have fallen out of balance

• Guides future research & innovation focus, which could include energy regulation, muscle health and performance, digestive health, metabolic health, sleep quality, and health span

High-Quality Protein products & plans