Life Time Group Holdings, Inc.

On April 29, 2026, the Company’s Compensation Committee approved, and on May 4, 2026, the Company entered into, an employment agreement with Erik Weaver, the Company’s Executive Vice President and Chief Financial Officer, the form of which is substantially the same as the employment agreements entered into with the Company’s other executive vice presidents (the “Employment Agreement”). Pursuant to the Employment Agreement, Mr. Weaver will continue to receive an annual base salary of $775,000 and a target annual incentive opportunity equal to 100% of his base salary. Mr. Weaver is also eligible to receive severance and other benefits provided to the Company’s executive officers as included in the Company’s 2026 proxy statement. The foregoing description of the Employment Agreement is not complete and is subject to and qualified in its entirety by reference to the Employment Agreement, which is filed as Exhibit 10.1 to this Quarterly Report on Form 10-Q, the terms of which are incorporated by reference herein.

During the three months ended March 31, 2026, no director or officer of the Company adopted, modified or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.