Warrantholder Exercise Process for Individual Accounts

Accessing the Warrant Exercise Function

1. To access the warrant exercise function, login to your securityholder account at my.equitystock.com using your email address.
2. Once logged in, navigate to Transactions > Exercises on the left-hand side of the screen and click the blue "New Exercise Request" button. This will open the "Create Exercise Request" screen.

Entering Exercise Details

3. In the Account Holder dropdown, select the registration that holds the warrant you wish to exercise.
4. In the Securities to Exercise dropdown, choose the warrant issue "Warrant Expiring 07/09/25"
5. In the Exercise Quantity field, enter the number of warrants you intend to exercise.
6. Click Next to proceed. This will return you to the status tracker, which will guide you through the exercise process.

Completing the Exercise Notice

7. On the status tracker, click the blue arrow icon next to "Generate DocuSign Email(s)"
8. A popup will appear confirming that the Exercise Notice will be prepared and sent for your signature. Click Send to proceed.
9. The Exercise Notice will be emailed to you via DocuSign. Follow the instructions in the email to complete your electronic signature.

Making Payment

10. On the status tracker, click the blue arrow icon next to "Select Payment Method" under the Payment section.
11. Choose your preferred payment method from the available options and follow the instructions to complete your payment.

Exercise Request Completion

12. Your exercise request and payment notification will be sent to the Issuer for approval and confirmation of receipt of payment.
13. Once approved, your warrant exercise will be processed.
14. You will receive an email confirmation once the process is complete and instructions on how to generate your DRS account statement and present it to your broker.  Your broker initiates the transaction (vis DRS) to pull the shares from our systems.

Please note that due to the anticipated volume of transactions you can send an email to warrants+monogram@equitystock.com.  Please also note that all securities transfers to brokerages are conducted using DRS transfers only.

Please use the email address you originally used for your investment and use it to log into my.equitystock.com.

A login email is sent from noreply@equitystock.com and will come under the subject “Login to Equity Stock Transfer”.  This is a secure email coming from us.

Please click on the Log In button and a secure 6-digit code will be sent to your mobile phone.  Please enter that code into the website with the 6 boxes to enter.

7925

No.  Equity Stock Transfer is the recordkeeper of your shares and has no ability to trade your shares.

First, log in to your account at my.equitystock.com

Steps to Generate a DRS Statement

1. Open the Action Menu

• Locate the position details section.
• Click the “...” button under Actions next to the position details.
• Select “Generate DRS Statement” from the dropdown menu.

2. Enter Date Ranges

• A popup window will open to generate the DRS Statement.
• Enter the desired date range for the transactions to be included in the statement.

3. Generate the DRS Statement

• Click “Generate DRS Statement” to proceed.

4. Download the DRS Statement

• Once generated, the DRS Statement can be downloaded using one of the following options:
  • Click “Print” to print the document.
  • Click the document icon to download a copy.

5. Email or upload to your broker

• Now please attach the DRS statement to your email and send to your broker.  Some brokers also allow you to securely upload the DRS statement to their website.  Please check with them for instructions.

Yes, you will need to move them to a brokerage account which accepts DRS (Direct Registration System) transfers.

DRS is an electronic book-entry system which allows for seamless transfer of your shares to your brokerage via The Depository Trust Company (DTC). You can find more information on DRS and how it works directly on DTCC’s website.

Nearly all major brokerage firms participate in the Direct Registration System.  However, discount brokers such as Robinhood do not participate in the DRS system, and they cannot move your shares.  If you have Robinhood, you must use a different brokerage firm.

Your broker must initiate the process of moving your shares from your account at Equity Stock Transfer to your brokerage account. You can ask them to DRS or TOA (Transfer of Assets) shares from the transfer agent to your brokerage account. Each broker has different procedures and forms, but they will all require the following information, which can be found right on your DRS account statement you can obtain by logging into your Equity Stock Transfer account at my.equitystock.com:

1. Registered Name
   • This is your name as it appears on your DRS account statement with us. Please ensure it matches exactly with the way your name appears at your brokerage.
2. SSN or EIN Number
   • Your Social Security Number, if you invested as an individual or joint investor, or your EIN if you invested as a Corp, LLC, IRA, etc. should match between your brokerage account and our system.  Please log in to my.equitystock.com to make sure that it does.
3. DRS Account Number
   • This is a unique 12-digit number we generate on your DRS statement which helps brokerage firms identify your account in our system. Please make sure you accurately provide this information when completing their forms.
4. Number of Shares to Transfer
   • You will need to indicate to your broker exactly how many shares you want transferred. This must either exactly match or be less than the amount on your DRS statement. If you tell your broker you want to transfer 1,100 shares but you only have 1,000 shares, your transfer request will be rejected.
5. CUSIP Number
   • Your free and clear shares have a CUSIP number. Your broker’s DRS form may ask for this number. You can find this number on your DRS statement. We will also post this number on this FAQ page when it becomes available at the time of the IPO.

Please note that if any of the above information is not indicated to your broker accurately, it will result in a rejection by your broker, and you may incur retransmission fees. So kindly review the information on your DRS statement for accuracy before you submit to your broker.

Please send your completed conversion notice to conversions@equitystock.com.  If you do not have a conversion notice readily available, you may find a blank one here to download and complete.

Your broker must initiate the process of moving your shares from your account at Equity Stock Transfer to your brokerage account. You can ask them to DRS or TOA (Transfer of Assets) shares from the transfer agent to your brokerage account. Each broker has different procedures and forms, but they will all require the following information, which can be found right on your DRS account statement you can obtain by logging into your Equity Stock Transfer account at my.equitystock.com:

1. Registered Name
   • This is your name as it appears on your DRS account statement with us. Please ensure it matches exactly with the way your name appears at your brokerage.
2. SSN or EIN Number
   • Your Social Security Number, if you invested as an individual or joint investor, or your EIN if you invested as a Corp, LLC, IRA, etc. should match between your brokerage account and our system.  Please log in to my.equitystock.com to make sure that it does.
3. DRS Account Number
   • This is a unique 12-digit number we generate on your DRS statement which helps brokerage firms identify your account in our system. Please make sure you accurately provide this information when completing their forms.
4. Number of Shares to Transfer
   • You will need to indicate to your broker exactly how many shares you want transferred. This must either exactly match or be less than the amount on your DRS statement. If you tell your broker you want to transfer 1,100 shares but you only have 1,000 shares, your transfer request will be rejected.
5. CUSIP Number
   • Your free and clear shares have a CUSIP number. Your broker’s DRS form may ask for this number. You can find this number on your DRS statement. We will also post this number on this FAQ page when it becomes available at the time of the IPO.

Please note that if any of the above information is not indicated to your broker accurately, it will result in a rejection by your broker, and you may incur retransmission fees. So kindly review the information on your DRS statement for accuracy before you submit to your broker.

Please use the email address you originally used for your investment and use it to log into my.equitystock.com.

A login email is sent from noreply@equitystock.com and will come under the subject “Login to Equity Stock Transfer”.  This is a secure email coming from us.

Please click on the Log In button and a secure 6-digit code will be sent to your mobile phone.  Please enter that code into the website with the 6 boxes to enter.

To get more information what a DRS payment is and why it’s required to move your shares to your brokerage account, please go here.  If you do not wish to move your shares after the company goes public, then you do not need to pay this fee.

Yes, there is a DRS fee of $30 move your shares to your brokerage account.

You can pay directly from our platform if you have not already. Please log in with your email address at my.equitystock.com and you’ll see the prompts to pay.

First, log in to your account at my.equitystock.com

Steps to Generate a DRS Statement

1. Open the Action Menu

• Locate the position details section.
• Click the “...” button under Actions next to the position details.
• Select “Generate DRS Statement” from the dropdown menu.

2. Enter Date Ranges

• A popup window will open to generate the DRS Statement.
• Enter the desired date range for the transactions to be included in the statement.

3. Generate the DRS Statement

• Click “Generate DRS Statement” to proceed.

4. Download the DRS Statement

• Once generated, the DRS Statement can be downloaded using one of the following options:
  • Click “Print” to print the document.
  • Click the document icon to download a copy.

5. Email or upload to your broker

• Now please attach the DRS statement to your email and send to your broker.  Some brokers also allow you to securely upload the DRS statement to their website.  Please check with them for instructions.

Yes.  You can maintain your shares on our books and records, and you can log in at any time to see your statement.  As long as your DRS fee is paid, you can move your shares whenever you like.  There is no cost to keeping your shares with us.

DRS is an electronic book-entry system which allows for seamless transfer of your shares to your brokerage via The Depository Trust Company (DTC). You can find more information on DRS and how it works directly on DTCC’s website.

Nearly all major brokerage firms participate in the Direct Registration System.  However, discount brokers such as Robinhood do not participate in the DRS system, and they cannot move your shares.  If you have Robinhood, you must use a different brokerage firm.