Our previous boat was an E32-2. We had a similar crack under the mast. In our case, the root problem was the cast iron that was underneath the beam that was transferring the load from the mast to the keel had weakened due to rust/corrosion. My solution was to take off the mast, jack up the deck slightly, clean up the old rusted iron. Build a dam around it. Pour thickened epoxy. That resolved the lower end problem.
Up above, if I recall correctly, the deck was still mostly solid. I went in from above and cleaned out any rot and reinforced the area with fiberglass and epoxy. I then used an oversized mast plate to spread the load out a little bit and mostly hide the repair. The work was messy at times, but not rocket science.