DFLI · Dragonfly Energy Holdings Corp. · Insider Trading

On June 18, 2026, the Reporting Person was granted 10,000 restricted stock units ("RSUs") under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan (the "Plan"), which will be settled in shares of common stock, par value $0.0001 (the "Common Stock"). The RSUs have no expiration date and vest as follows: 5,000 vested on June 18, 2026, and 5,000 will vest on June 18, 2027, as long as the Reporting Person remains in continuous service with the Issuer through each vesting date.

On March 15, 2026, the Reporting Person was granted options (the "Options") to purchase 38,269 shares of common stock, par value $0.0001, of the Issuer at an exercise price of $2.99 per share under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan. The Options vest in three equal annual installments beginning on April 1, 2026, as long as the Reporting Person remains in continuous employment with the Issuer through each vesting date.

On March 15, 2026, the Reporting Person was granted options (the "Options") to purchase 21,534 shares of common stock, par value $0.0001, of the Issuer at an exercise price of $2.99 per share under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan. The Options vest in three equal annual installments beginning on April 1, 2026, as long as the Reporting Person remains in continuous employment with the Issuer through each vesting date.

On March 15, 2026, the Reporting Person was granted options (the "Options") to purchase 36,607 shares of common stock, par value $0.0001, of the Issuer at an exercise price of $2.99 per share under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan. The Options vest in three equal annual installments beginning on April 1, 2026, as long as the Reporting Person remains in continuous employment with the Issuer through each vesting date.

On March 15, 2026, the Reporting Person was granted 4,204 restricted stock units ("RSUs") under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan (the "Plan"), which will be settled in shares of common stock, par value $0.0001 (the "Common Stock"). The RSUs vest in three equal annual installments beginning on April 1, 2026, as long as the Reporting Person remains in continuous service with the Issuer through each vesting date.

Reflects a one-for-10 reverse stock split effected by the Issuer on December 18, 2025. Includes 1,646 unvested RSUs remaining granted on April 12, 2024 under the Plan, which will be settled in shares of Common Stock. The remaining RSUs will vest in two equal installments on April 12, 2026 and April 12, 2027, as long as the Reporting Person remains in continuous service with the Issuer through each vesting date.

On March 15, 2026, the Reporting Person was granted 4,956 restricted stock units ("RSUs") under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan (the "Plan"), which will be settled in shares of common stock, par value $0.0001 (the "Common Stock"). The RSUs vest in three equal annual installments beginning on April 1, 2026, as long as the Reporting Person remains in continuous service with the Issuer through each vesting date.

Reflects a one-for-10 reverse stock split effected by the Issuer on December 18, 2025. Includes 1,646 unvested RSUs remaining granted on April 12, 2024 under the Plan, which will be settled in shares of Common Stock. The remaining RSUs will vest in two equal installments on April 12, 2026 and April 12, 2027, as long as the Reporting Person remains in continuous service with the Issuer through each vesting date.

On March 15, 2026, the Reporting Person was granted 4,204 restricted stock units ("RSUs") under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan (the "Plan"), which will be settled in shares of common stock, par value $0.0001 (the "Common Stock"). The RSUs vest in three equal annual installments beginning on April 1, 2026, as long as the Reporting Person remains in continuous service with the Issuer through each vesting date.

Reflects a one-for-10 reverse stock split effected by the Issuer on December 18, 2025. Includes 1,646 unvested RSUs remaining granted on April 12, 2024 under the Plan, which will be settled in shares of Common Stock. The remaining RSUs will vest in two equal installments on April 12, 2026 and April 12, 2027, as long as the Reporting Person remains in continuous service with the Issuer through each vesting date.

On March 15, 2026, the Reporting Person was granted options (the "Options") to purchase 20,303 shares of common stock, par value $0.0001, of the Issuer at an exercise price of $2.99 per share under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan. The Options vest in three equal annual installments beginning on April 1, 2026, as long as the Reporting Person remains in continuous employment with the Issuer through each vesting date.

On April 12, 2023, the Reporting Person was granted 222,222 restricted stock units ("RSUs") under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan, which will be settled in shares of common stock, par value $0.0001. The RSUs vest in three equal annual installments beginning on April 12, 2025, as long as the Reporting Person remains in continuous service with the Issuer through each vesting date.

On April 12, 2023, the Reporting Person was granted 222,222 restricted stock units ("RSUs") under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan, which will be settled in shares of common stock, par value $0.0001. The RSUs vest in three equal annual installments beginning on April 12, 2025, as long as the Reporting Person remains in continuous service with the Issuer through each vesting date.

On April 12, 2023, the Reporting Person was granted 181,481 restricted stock units ("RSUs") under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan, which will be settled in shares of common stock, par value $0.0001. The RSUs vest in three equal annual installments beginning on April 12, 2025, as long as the Reporting Person remains in continuous employment with the Issuer through each vesting date.

On April 12, 2023, the Reporting Person was granted 222,222 restricted stock units ("RSUs") under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan, which will be settled in shares of common stock, par value $0.0001. The RSUs vest in three equal annual installments beginning on April 12, 2025, as long as the Reporting Person remains in continuous service with the Issuer through each vesting date.

On April 12, 2023, the Reporting Person was granted 222,222 restricted stock units ("RSUs") under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan, which will be settled in shares of common stock, par value $0.0001. The RSUs vest in three equal annual installments beginning on April 12, 2025, as long as the Reporting Person remains in continuous service with the Issuer through each vesting date.

On April 12, 2023, the Reporting Person was granted 222,222 restricted stock units ("RSUs") under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan, which will be settled in shares of common stock, par value $0.0001. The RSUs vest in three equal annual installments beginning on April 12, 2025, as long as the Reporting Person remains in continuous service with the Issuer through each vesting date.

On April 12, 2023, the Reporting Person was granted 87,407 restricted stock units ("RSUs") under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan, which will be settled in shares of common stock, par value $0.0001. The RSUs vest in three equal annual installments beginning on April 12, 2025, as long as the Reporting Person remains in continuous employment with the Issuer through each vesting date.

On April 12, 2023, the Reporting Person was granted 567,407 restricted stock units ("RSUs") under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan, which will be settled in shares of common stock, par value $0.0001. The RSUs vest in three equal annual installments beginning on April 12, 2025, as long as the Reporting Person remains in continuous employment with the Issuer through each vesting date.

On April 12, 2023, the Reporting Person was granted 222,222 restricted stock units ("RSUs") under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan, which will be settled in shares of common stock, par value $0.0001. The RSUs vest in three equal annual installments beginning on April 12, 2025, as long as the Reporting Person remains in continuous service with the Issuer through each vesting date.

Includes 30,000 shares of unvested restricted stock units acquired under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan, which vests in full one (1) year from the date of grant, October 7, 2023.

On February 10, 2023, the reporting person was granted 74,800 restricted stock units ("RSUs"). The RSUs vested immediately upon the grant date.

On February 10, 2023, the reporting person was granted 31,466 restricted stock units ("RSUs"). The RSUs vested immediately upon the grant date.

On February 10, 2023, the reporting person was granted 86,133 restricted stock units ("RSUs"). The RSUs vested immediately upon the grant date.

On February 10, 2023, the reporting person was granted 204,266 restricted stock units ("RSUs"). The RSUs vested immediately upon the grant date.

Includes 30,000 shares of unvested restricted stock units acquired under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan, which vests in full one (1) year from the date of grant, October 7, 2023.

On October 7, 2022, the Issuer consummated its initial business combination (the "Business Combination") with Dragonfly Energy Corp. In connection with the Business Combination, Chardan Capital Markets LLC ("CCM LLC") was party to a subscription agreement (the "Subscription Agreement"), pursuant to which CCM LLC agreed to purchase 500,000 shares of common stock from the Issuer for aggregate proceeds of $5 million.

Under the Subscription Agreement, the number of shares CCM LLC was obligated to purchase was to be reduced by the number of shares purchased by CCM LLC in the open market (and not redeemed), and the aggregate price to be paid under the Subscription Agreement was to be reduced by the amount of proceeds received by the Issuer because such shares were not redeemed. After CCM LLC's open market purchases of 485,000 shares of common stock prior to the closing of the Business Combination, pursuant to the terms of the Subscription Agreement, CCM LLC received these 15,000 shares for no additional consideration.

Represents securities held directly by CCM LLC, for which Mr. Grossman is the President and a managing partner. Following the closing of the Business Combination, all investment and voting power over these Issuer securities was delegated to another manager of CCM LLC, and Mr. Grossman disclaims any beneficial ownership over these securities.

On October 7, 2022, the Issuer consummated its initial business combination (the "Business Combination") with Dragonfly Energy Corp. In connection with the Business Combination, Chardan Capital Markets LLC ("CCM LLC") was party to a subscription agreement (the "Subscription Agreement"), pursuant to which CCM LLC agreed to purchase 500,000 shares of common stock from the Issuer for aggregate proceeds of $5 million.

Under the Subscription Agreement, the number of shares CCM LLC was obligated to purchase was to be reduced by the number of shares purchased by CCM LLC in the open market (and not redeemed), and the aggregate price to be paid under the Subscription Agreement was to be reduced by the amount of proceeds received by the Issuer because such shares were not redeemed. After CCM LLC's open market purchases of 485,000 shares of common stock prior to the closing of the Business Combination, pursuant to the terms of the Subscription Agreement, CCM LLC received these 15,000 shares for no additional consideration.

Represents securities held directly by CCM LLC, for which Mr. Propper is the Chairman, a co-founder and a partner. Following the closing of the Business Combination, all investment and voting power over these Issuer securities was delegated to another manager of CCM LLC, and Mr. Propper disclaims any beneficial ownership over these securities.

These Private Placement Warrants were acquired by Chardan NexTech 2 Warrant Holdings LLC ("Holdings") from the Issuer in connection with the Issuer's initial public offering. The warrants may be exercised commencing 30 days after the consummation of the Business Combination, subject to a 7.5% conversion cap.

Represents securities held directly by Holdings, for which Mr. Grossman is the managing member.

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $10.33 to $10.38, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.

Represent securities held directly by Chardan Capital Markets LLC, for which Mr. Propper is the Chairman, a co-founder and a partner.

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $10.33 to $10.38, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.

Represent securities held directly by Chardan Capital Markets LLC, for which Mr. Grossman is the President and a managing partner.