9.15.22 OMA Finance Committee Meeting

Members of the Board of Trustees Obesity Medicine Association

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The most sensitive estimates affecting the consolidated financial statements were: • Depreciable lives of property and equipment, which are based on assumptions about the ultimate useful life of each asset. • Functional expense allocations, which are based on allocation models using logical drivers of cost, such as personnel cost or square footage, across programs. The disclosures to the consolidated financial statements are neutral, consistent and clear. Certain financial statement disclosures can be particularly sensitive because of their significance to the users of the consolidated financial statements. The most sensitive disclosure affecting the consolidated financial statements is: • The disclosure of the fair value of the alternative investments in Note 2 to the consolidated financial statements. Circumstances That Affect The Form And Content Of The Auditors’ Report For purposes of this letter, professional standards require that we communicate any circumstances that affect the form and content of our auditors’ report. There were no circumstances that caused us to modify our auditors’ report. Matters Resulting In Consultation Outside The Engagement Team There were no significant matters which resulted in consultation outside of our engagement team. Difficulties Encountered In Performing The Audit We encountered no significant difficulties in dealing with management in performing and completing our audit. Corrected And Uncorrected Misstatements Professional standards require us to accumulate all misstatements identified during the audit, other than those that are trivial, and communicate them to the appropriate level of management. Further, professional standards require us to also communicate the effect of uncorrected misstatements related to prior periods on the relevant classes of transactions, account balances or disclosures, and the consolidated financial statements as a whole. We did not identify any uncorrected misstatement during our audit of the financial statements. DRAFT FOR DISCUSSION PURPOSES ONLY