BEEP · Mobile Infrastructure Corp

Represents the grant of restricted stock units ("RSUs") that vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service to the Issuer. Each RSU represents the contingent right to receive one share of the Issuer's common stock.

Consists of (i) 101,798 shares of common stock and (ii) 293,981 unvested RSUs.

Represents the grant of restricted stock units ("RSUs") that vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service to the Issuer. Each RSU represents the contingent right to receive one share of the Issuer's common stock.

Consists of (i) 18,518 shares of common stock and (ii) 166,782 unvested RSUs.

Consists of (i) 101,798 shares of common stock and (ii) 116,677 unvested RSUs.

Restricted stock units convert into common stock on a one-for-one basis.

On January 10, 2024, the Reporting Person was granted 234,375 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.

Restricted stock units convert into common stock on a one-for-one basis.

On January 10, 2024, the Reporting Person was granted 234,375 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.

Represents the grant of restricted stock units ("RSUs") that vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service to the Issuer. Each RSU represents the contingent right to receive one share of the Issuer's common stock.

Consists of (i) 49,234 shares of common stock and (ii) 116,677 unvested RSUs.

Represents the grant of restricted stock units ("RSUs") which will vest in full on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director. Each RSU represents the contingent right to receive one share of the Issuer's common stock.

Includes 12,409 unvested RSUs.

Represents the grant of restricted stock units ("RSUs") which will vest in full on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director. Each RSU represents the contingent right to receive one share of the Issuer's common stock.

Includes 13,869 unvested RSUs.

Represents the grant of restricted stock units ("RSUs") which will vest in full on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director. Each RSU represents the contingent right to receive one share of the Issuer's common stock.

Includes 11,679 unvested RSUs.

Represents the grant of restricted stock units ("RSUs") which will vest in full on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director. Each RSU represents the contingent right to receive one share of the Issuer's common stock.

Includes 10,219 unvested RSUs.

Bombe-MIC Pref, LLC ("Bombe Pref") distributed these securities to its members for no consideration (the "Bombe Pref Distribution").

The securities distributed in the Bombe Pref Distribution were owned by Bombe Pref. The Reporting Person is a member and manager of Bombe Pref and may be deemed to be a beneficial owner of such securities. The Reporting Person disclaimed beneficial ownership of the securities distributed in the Bombe Pref Distribution except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person was the beneficial owner of such securities for Section 16 or any other purpose.

These securities are owned by Bombe Pref. The Reporting Person is a member and manager of Bombe Pref. Accordingly, the Reporting Person may be deemed to be a beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.

Bombe-MIC Pref, LLC ("Bombe Pref") distributed these securities to its members for no consideration (the "Bombe Pref Distribution").

The securities distributed in the Bombe Pref Distribution were owned by Bombe Pref. The Reporting Person is a member and manager of Bombe Pref and may be deemed to be a beneficial owner of such securities. The Reporting Person disclaimed beneficial ownership of the securities distributed in the Bombe Pref Distribution except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person was the beneficial owner of such securities for Section 16 or any other purpose.

These securities are owned by Bombe Pref. The Reporting Person is a member and manager of Bombe Pref. Accordingly, the Reporting Person may be deemed to be a beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.

Represents the grant of restricted stock units ("RSUs") that vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service to the Issuer. Each RSU represents the contingent right to receive one share of the Issuer's common stock.

Consists of (i) 49,234 shares of common stock and (ii) 88,235 unvested RSUs.

Represents the grant of restricted stock units ("RSUs") that vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service to the Issuer. Each RSU represents the contingent right to receive one share of the Issuer's common stock.

Consists entirely of unvested RSUs.

Restricted stock units convert into common stock on a one-for-one basis.

On January 10, 2024, the Reporting Person was granted 234,375 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.

Restricted stock units convert into common stock on a one-for-one basis.

On January 10, 2024, the Reporting Person was granted 33,334 restricted stock units vesting on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director.

Restricted stock units convert into common stock on a one-for-one basis.

On January 10, 2024, the Reporting Person was granted 234,375 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.

Restricted stock units convert into common stock on a one-for-one basis.

On January 10, 2024, the Reporting Person was granted 29,168 restricted stock units vesting on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director.

Restricted stock units convert into common stock on a one-for-one basis.

On January 10, 2024, the Reporting Person was granted 36,192 restricted stock units vesting on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director.

Restricted stock units convert into common stock on a one-for-one basis.

On January 10, 2024, the Reporting Person was granted 29,168 restricted stock units vesting on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director.

Restricted stock units convert into common stock on a one-for-one basis.

On January 10, 2024, the Reporting Person was granted 31,587 restricted stock units vesting on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director.

Restricted stock units convert into common stock on a one-for-one basis.

On January 10, 2024, the Reporting Person was granted 36,192 restricted stock units vesting on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director.

Restricted stock units convert into common stock on a one-for-one basis.

On January 10, 2024, the Reporting Person was granted 17,381 restricted stock units vesting on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director.

Restricted stock units convert into common stock on a one-for-one basis.

On January 10, 2024, the Reporting Person was granted 33,334 restricted stock units vesting on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director.

Restricted stock units convert into common stock on a one-for-one basis.

On January 10, 2024, the Reporting Person was granted 31,587 restricted stock units vesting on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director.

Restricted stock units convert into common stock on a one-for-one basis.

On January 10, 2024, the Reporting Person was granted 17,381 restricted stock units vesting on the first anniversary of the grant date, subject to the Reporting Person's continued service as a director.

Represents units of limited liability company interest in Mobile Infra Operating Company, LLC, a Delaware limited liability company (the "Operating Company"). Subject to the terms and conditions of the Limited Liability Company Agreement of the Operating Company (the "OC Agreement") and the pertinent LTIP Unit agreement, following the date on which such LTIP Units vest, LTIP Units become convertible into common units of limited liability company interest ("Common Units") in the Operating Company at the option of a holder or the Issuer. LTIP Units do not have an expiration date.

Each Common Unit is intended to have an economic interest equivalent to one share of common stock of the Issuer. Subject to the terms and conditions of the OC Agreement, Common Units are redeemable and may be exchanged, without consideration, by the holder of such Common Units for an equivalent number of shares of common stock or for the cash value of such shares, at the discretion of the Issuer.

Granted to the Reporting Person in lieu of cash base salary for fiscal 2025 (as elected by the Reporting Person) and will vest in four equal installments on each of April 8, 2025, July 8, 2025, October 8, 2025, and January 8, 2026, subject to the Reporting Person's continued employment by the Issuer as of each such date.

Consists of: (i) 769,973 vested LTIP Units, (ii) 67,751 LTIP Units vesting in equal installments on February 28, 2025 and February 28, 2026, (iii) 274,124 LTIP Units vesting in equal installments on January 10, 2025 and January 10, 2026, and (iv) 155,562 LTIP Units vesting in four equal installments on each of April 8, 2025, July 8, 2025, October 8, 2025, and January 8, 2026.

Represents common units of limited liability company interest ("Common Units") in Mobile Infra Operating Company, LLC, a Delaware limited liability company (the "Operating Company"). Subject to the terms and conditions of the limited liability company agreement of the Operating Company, Common Units are redeemable and may be exchanged, without consideration, by the holder of such Common Units for an equivalent number of shares of common stock of the Issuer or for the cash value of such shares, at the discretion of the Issuer. Common Units do not have an expiration date.

Represents shares of common stock received upon the redemption of an equal number of Common Units (as defined in footnote 6). $0.89 was paid to the Reporting Person in respect of the aggregate of 0.28 redeemed fractional shares.

These securities are owned by O Cincy Family II, LLC ("O Cincy"). The Reporting Person is the manager of O Cincy. Accordingly, the Reporting Person may be deemed to be a beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.

Represents shares of common stock received upon the redemption of an equal number of Common Units (as defined in footnote 6). $0.89 was paid to the Reporting Person in respect of the aggregate of 0.28 redeemed fractional shares.

These securities are owned by O Cincy Family II, LLC ("O Cincy"). The Reporting Person is the manager of O Cincy. Accordingly, the Reporting Person may be deemed to be a beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.

Represents common units of limited liability company interest ("Common Units") in Mobile Infra Operating Company, LLC, a Delaware limited liability company (the "Operating Company"). Subject to the terms and conditions of the limited liability company agreement of the Operating Company, Common Units are redeemable and may be exchanged, without consideration, by the holder of such Common Units for an equivalent number of shares of common stock of the Issuer or for the cash value of such shares, at the discretion of the Issuer. Common Units do not have an expiration date.

Represents shares of common stock received upon the redemption of an equal number of Common Units (as defined in footnote 5).

These securities are owned by HSCP Strategic III L.P. ("HS3"). The Reporting Person is the managing member of No Street Capital LLC, the managing member of Harvest Small Cap Partners GP, LLC, the general partner of HS3. Accordingly, the Reporting Person may be deemed to be a beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.

Represents shares of common stock received upon the redemption of an equal number of Common Units (as defined in footnote 5).

These securities are owned by HSCP Strategic III L.P. ("HS3"). The Reporting Person is the managing member of No Street Capital LLC, the managing member of Harvest Small Cap Partners GP, LLC, the general partner of HS3. Accordingly, the Reporting Person may be deemed to be a beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.

Received pursuant to the Credit Agreement and the related borrowings thereunder. HSCPM, as defined in footnote 5 herein, is a lender party of the Credit Agreement.

These securities are owned by Harvest Small Cap Partners Master, Ltd. ("HSCPM"). The Reporting Person is the managing member of No Street Capital LLC, the investment manager of HSCPM. Accordingly, the Reporting Person may be deemed to be a beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.

Received pursuant to the credit agreement with the Issuer, as borrower, dated as of September 11, 2024, (the "Credit Agreement"), and the Issuer's related borrowings thereunder. HSCP, as defined in footnote 3 herein, is a lender party of the Credit Agreement.

These securities are owned by Harvest Small Cap Partners, L.P. ("HSCP"). The Reporting Person is the managing member of No Street Capital LLC, the managing member of Harvest Small Cap Partners GP, LLC, the general partner of HSCP. Accordingly, the Reporting Person may be deemed to be a beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.

Represents common units of limited liability company interest ("Common Units") in Mobile Infra Operating Company, LLC, a Delaware limited liability company (the "Operating Company"). Subject to the terms and conditions of the limited liability company agreement of the Operating Company, Common Units are redeemable and may be exchanged, without consideration, by the holder of such Common Units for an equivalent number of shares of common stock of the Issuer or for the cash value of such shares, at the discretion of the Issuer. Common Units do not have an expiration date.

The Reporting Person distributed these securities as part of a liquidating distribution to its members for no consideration.

Represents common units of limited liability company interest ("Common Units") in Mobile Infra Operating Company, LLC, a Delaware limited liability company (the "Operating Company"). Subject to the terms and conditions of the limited liability company agreement of the Operating Company, Common Units are redeemable and may be exchanged, without consideration, by the holder of such Common Units for an equivalent number of shares of common stock of the Issuer or for the cash value of such shares, at the discretion of the Issuer. Common Units do not have an expiration date.

Color Up, LLC ("Color Up") distributed these securities as part of a liquidating distribution to its members for no consideration (the "Liquidating Distribution").

These securities were owned by Color Up. The Reporting Person is a manager of Color Up and may be deemed to be a beneficial owner of such securities. Additionally, Bombe Asset Management, LLC ("Bombe"), a Delaware limited liability company owned and controlled by the Reporting Person, was a member of Color Up. The Reporting Person disclaimed beneficial ownership of these securities except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person was the beneficial owner of such securities for Section 16 or any other purpose.

Color Up, LLC ("Color Up") distributed these securities as part of a liquidating distribution to its members for no consideration (the "Liquidating Distribution").

These securities were owned by Color Up. The Reporting Person is a manager of Color Up and may be deemed to be a beneficial owner of such securities. Additionally, Bombe Asset Management, LLC ("Bombe"), a Delaware limited liability company owned and controlled by the Reporting Person, was a member of Color Up. The Reporting Person disclaimed beneficial ownership of these securities except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person was the beneficial owner of such securities for Section 16 or any other purpose.

Represents common units of limited liability company interest ("Common Units") in Mobile Infra Operating Company, LLC, a Delaware limited liability company (the "Operating Company"). Subject to the terms and conditions of the limited liability company agreement of the Operating Company, Common Units are redeemable and may be exchanged, without consideration, by the holder of such Common Units for an equivalent number of shares of common stock of the Issuer or for the cash value of such shares, at the discretion of the Issuer. Common Units do not have an expiration date.

Color Up, LLC ("Color Up") distributed these securities as part of a liquidating distribution to its members for no consideration (the "Liquidating Distribution").

These securities were owned by Color Up. The Reporting Person is a manager of Color Up and may be deemed to have been a beneficial owner of such securities. Additionally, Bombe Asset Management, LLC ("Bombe"), a Delaware limited liability company owned and controlled by the Reporting Person, was a member of Color Up. The Reporting Person disclaimed beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person was the beneficial owner of such securities for Section 16 or any other purpose.

Color Up, LLC ("Color Up") distributed these securities as part of a liquidating distribution to its members for no consideration (the "Liquidating Distribution").

These securities were owned by Color Up. The Reporting Person is a manager of Color Up and may be deemed to be a beneficial owner of such securities. Additionally, Bombe Asset Management, LLC ("Bombe"), a Delaware limited liability company owned and controlled by the Reporting Person, was a member of Color Up. The Reporting Person disclaimed beneficial ownership of these securities except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person was the beneficial owner of such securities for Section 16 or any other purpose.

Color Up, LLC ("Color Up") distributed these securities as part of a liquidating distribution to its members for no consideration (the "Liquidating Distribution").

These securities were owned by Color Up. The Reporting Person is a manager of Color Up and may be deemed to have been a beneficial owner of such securities. Additionally, Bombe Asset Management, LLC ("Bombe"), a Delaware limited liability company owned and controlled by the Reporting Person, was a member of Color Up. The Reporting Person disclaimed beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person was the beneficial owner of such securities for Section 16 or any other purpose.

Color Up, LLC ("Color Up") distributed these securities as part of a liquidating distribution to its members for no consideration (the "Liquidating Distribution").

These securities were owned by Color Up. The Reporting Person is a manager of Color Up and may be deemed to have been a beneficial owner of such securities. Additionally, Bombe Asset Management, LLC ("Bombe"), a Delaware limited liability company owned and controlled by the Reporting Person, was a member of Color Up. The Reporting Person disclaimed beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person was the beneficial owner of such securities for Section 16 or any other purpose.

The Reporting Person distributed these securities as part of a liquidating distribution to its members for no consideration.

The Reporting Person distributed these securities as part of a liquidating distribution to its members for no consideration.

Represents unvested performance units of limited liability company interest ("Performance Units") in the Operating Company. Subject to the terms and conditions of the OC Agreement and the performance unit award agreement of the Reporting Person (the "Award Agreement"), Performance Units will vest following the achievement of certain performance objectives by the Reporting Person. Once vested, Performance Units are convertible into Common Units on a one-for-one basis, subject to any holding period. Unvested Performance Units will be forfeited upon the expiration of the pertinent performance period, as defined in the Award Agreement, unless the performance objectives of the Reporting Person are achieved during the applicable performance period. See Footnote (2) for capitalized terms not otherwise defined herein.

"Common Units" means common units of limited liability company interest in Mobile Infra Operating Company, LLC, a Delaware limited liability company (the "Operating Company"). Subject to the terms and conditions of the limited liability company agreement of the Operating Company (the "OC Agreement"), Common Units are redeemable and may be exchanged, without consideration, by the holder of such Common Units for an equivalent number of shares of common stock of the Issuer or for the cash value of such shares, at the discretion of the Issuer. Common Units do not have an expiration date.

These two reported transactions involved an amendment of unvested Performance Units, resulting in the deemed cancellation of the old Performance Units and the deemed grant of new Performance Units. The Performance Units were originally received on August 25, 2023. As amended, the Award Agreement provides that fifty percent (50%) of the Performance Units will vest if the aggregate volume-weighted average price per share of the Issuer's common stock for any 5-consecutive trading day period equals or exceeds $13.00 per share at any time on or prior to December 31, 2026. The remaining fifty percent (50%) of the Performance Units will vest if the aggregate volume-weighted average price per share of the Issuer's common stock for any 5-consecutive trading day period equals or exceeds $16.00 per share at any time on or prior to December 31, 2028.