X0306 5 2021-12-31 0 0 0 0001805651 MARKETWISE, INC. MKTW 0001805676 Ascendant Sponsor LP 667 MADISON AVENUE 5TH FLOOR NEW YORK NY 10065 0 0 1 0 0001805643 Ascendant Sponsor GP LLC 667 MADISON AVENUE, 5TH FLOOR NEW YORK NY 10065 0 0 1 0 0001805731 Gomberg David 667 MADISON AVENUE, 5TH FLOOR NEW YORK NY 10065 0 0 1 0 Class A Common Stock 2021-07-21 5 M 0 10170000 A 10170000 D Class B Ordinary Shares 2021-07-21 5 M 0 10170000 0.00 D Class A Ordinary Shares 10170000 0 D Private Placement Warrants 11.50 2021-07-21 5 A 0 10280000 1.00 A 2021-08-20 2026-07-21 Class A Common Stock 10280000 10280000 D Private Placement Warrants 11.50 2021-11-19 5 J 0 10280000 1.00 D 2021-08-20 2026-07-21 Class A Common Stock 10280000 0 D In connection with and immediately prior to the closing (the "Closing") of the business combination (the "Business Combination") between the Issuer (which was formerly known as Ascendant Digital Acquisition Corp. or "ADAC") and MarketWise, LLC, among other things, (i) each of the then issued and outstanding Class B ordinary shares of ADAC converted into Class A ordinary shares of ADAC on a one-for-one basis as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-239623), (ii) ADAC migrated to and domesticated as a Delaware corporation in accordance with Section 388 of the Delaware General Corporation Law, as amended, and the Cayman Islands Companies Act (As Revised) (the "Domestication") and (iii) each of the issued and outstanding Class A ordinary shares of ADAC converted into shares of the Issuer's (after the Domestication) Class A common stock. Ascendant Sponsor LP is the record holder of the securities reported herein. Ascendant Sponsor GP LLC is the sole general partner of Ascendant Sponsor LP and David Gomberg is the manager of Ascendant Sponsor GP LLC. Mr. Gomberg has voting and investment discretion with respect to the securities held of record by Ascendant Sponsor LP. The Private Placement Warrants are reported as acquired for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), concurrent with the Closing, because, pursuant to their terms, their exercise was not within the control of the Reporting Persons until the Closing. The Private Placement Warrants were initially acquired in a private placement from ADAC concurrent with ADAC's initial public offering. On November 19, 2021, Ascendant Sponsor LP distributed the Private Placement Warrants to its limited partners pro-rata in an in-kind distribution. Prior to the Closing, each of Ascendant Sponsor LP and Ascendant Sponsor GP LLC was a director by deputization solely due to the circumstances of Mr. Gomberg's service on the board of directors of ADAC prior to the Closing. Mr. Gomberg resigned from the board of directors at Closing. As a result of and immediately following the Closing, neither Ascendant Sponsor LP nor Ascendant Sponsor GP LLC is a director by deputization. /s/ Jordan Leon, as Attorney-in-Fact for Ascendant Sponsor LP 2022-02-14 /s/ Jordan Leon, as Attorney-in-Fact for Ascendant Sponsor GP LLC 2022-02-14 /s/ Jordan Leon, as Attorney-in-Fact for David Gomberg 2022-02-14