ENHA · Enhanced Group Inc. · Insider Trading

Each restricted stock unit represents a contingent right to receive one share of Enhanced Group Inc.'s Class A Common Stock.

On October 6, 2026, Mr. Eisenberg received restricted stock units representing 266,188 shares, vesting in three equal annual installments commencing on the first anniversary of May 8, 2026. As restricted stock units vest, the vested units are automatically converted to vested Class A Common Stock on a one-for-one basis on the vesting date.

Each restricted stock unit represents a contingent right to receive one share of Enhanced Group Inc.'s Class A Common Stock.

On October 6, 2026, Mr. Simpson received restricted stock units representing 266,188 shares, vesting in three equal annual installments commencing on the first anniversary of May 8, 2026. As restricted stock units vest, the vested units are automatically converted to vested Class A Common Stock on a one-for-one basis on the vesting date.

Each restricted stock unit represents a contingent right to receive one share of Enhanced Group Inc.'s Class A Common Stock.

On October 6, 2026, Dr. Han received restricted stock units representing 266,188 shares, vesting in three equal annual installments commencing on the first anniversary of May 8, 2026. As restricted stock units vest, the vested units are automatically converted to vested Class A Common Stock on a one-for-one basis on the vesting date.

Each restricted stock unit represents a contingent right to receive one share of Enhanced Group Inc.'s Class A Common Stock.

On October 6, 2026, Mr. Sepso received restricted stock units representing 266,188 shares, vesting in three equal annual installments commencing on the first anniversary of May 8, 2026. As restricted stock units vest, the vested units are automatically converted to vested Class A Common Stock on a one-for-one basis on the vesting date.

The securities reported herein are held of record by Apeiron Investment Group Ltd. ("Apeiron"), as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron, which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

The securities reported herein are held of record by Apeiron Investment Group Ltd. ("Apeiron"), as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron, which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

The securities reported herein are held of record by Apeiron Investment Group Ltd. ("Apeiron"), as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron, which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

The securities reported herein are held of record by Apeiron Investment Group Ltd. ("Apeiron"), as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron, which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

The securities reported herein are held of record by Apeiron Investment Group Ltd. ("Apeiron"), as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron, which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

The securities reported herein are held of record by Apeiron Investment Group Ltd. ("Apeiron"), as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron, which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

The securities reported herein are held of record by Apeiron, as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron, which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

The securities reported herein are held of record by Apeiron, as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron, which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

The securities reported herein are held of record by Apeiron, as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron, which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

The securities reported herein are held of record by Apeiron Investment Group Limited, as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron Investment Group Ltd., which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

) Represents securities received pursuant to a securities purchase agreement between the Issuer and the Reporting Person, pursuant to which the Issuer agreed to issue and sell to the Reporting Person in a private placement (the "Private Placement") (A) 1,285,347 shares of Class A Common Stock and (B) warrants to purchase 1,285,347 shares of Class A Common Stock (the "Warrants"). The Class A Common Stock and the Warrants were issued separately. The combined purchase price per share of Class A Common Stock and accompanying Warrant is $3.89. The Private Placement closed on August 14, 2026.

) The Warrants are currently exercisable and have a five-year term, which may be accelerated if the Class A Common Stock trades at or above $20 for at least twenty consecutive days.

Represents securities received pursuant to a securities purchase agreement between the Issuer and Apeiron Investment Group Ltd. ("Apeiron"), pursuant to which the Issuer agreed to issue and sell in tranches to Apeiron in a private placement (the "Private Placement") (A) 5,141,388 shares of Class A Common Stock and (B) warrants to purchase 5,141,388 shares of Class A Common Stock (the "Warrants"). The Class A Common Stock and Warrants will be issued separately. The combined purchase price per share of Class A Common Stock and accompanying Warrant is $3.89. On August 14, 2026, the second tranche of the Private Placement closed.

The Warrants are currently exercisable and have a five-year term, which may be accelerated if the Class A Common Stock trades at or above $20 for at least twenty consecutive trading days.

The securities reported herein are held of record by Apeiron, as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron, which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

The securities reported herein are held of record by Apeiron Investment Group Limited, as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron Investment Group Ltd., which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Represents securities received pursuant to a securities purchase agreement between the Issuer and Apeiron Investment Group Ltd. ("Apeiron"), pursuant to which the Issuer agreed to issue and sell in tranches to Apeiron in a private placement (the "Private Placement") (A) 5,141,388 shares of Class A Common Stock and (B) warrants to purchase 5,141,388 shares of Class A Common Stock (the "Warrants"). The Class A Common Stock and Warrants will be issued separately. The combined purchase price per share of Class A Common Stock and accompanying Warrant is $3.89. On August 14, 2026, the second tranche of the Private Placement closed.

The total in Column 5 of Table I represents the amount of Class A Common Stock held by the Reporting Persons as of the date of this filing.

The securities reported herein are held of record by Apeiron, as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron, which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

) Represents securities received pursuant to a securities purchase agreement between the Issuer and the Reporting Person, pursuant to which the Issuer agreed to issue and sell to the Reporting Person in a private placement (the "Private Placement") (A) 1,285,347 shares of Class A Common Stock and (B) warrants to purchase 1,285,347 shares of Class A Common Stock (the "Warrants"). The Class A Common Stock and the Warrants were issued separately. The combined purchase price per share of Class A Common Stock and accompanying Warrant is $3.89. The Private Placement closed on August 14, 2026.

Represents securities received pursuant to a securities purchase agreement between the Issuer and Apeiron Investment Group Ltd. ("Apeiron"), pursuant to which the Issuer agreed to issue and sell in tranches to Apeiron in a private placement (the "Private Placement") (A) 5,141,388 shares of Class A Common Stock and (B) warrants to purchase 5,141,388 shares of Class A Common Stock (the "Warrants"). The Class A Common Stock and Warrants will be issued separately. The combined purchase price per share of Class A Common Stock and accompanying Warrant is $3.89. On July 22, 2026, the first tranche of the Private Placement closed.

The Warrants are currently exercisable and have a five-year term, which may be accelerated if the Class A Common Stock trades at or above $20 for at least twenty consecutive trading days.

The securities reported herein are held of record by Apeiron Investment Group Limited, as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron Investment Group Ltd., which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Represents securities received pursuant to a securities purchase agreement between the Issuer and Apeiron Investment Group Ltd. ("Apeiron"), pursuant to which the Issuer agreed to issue and sell in tranches to Apeiron in a private placement (the "Private Placement") (A) 5,141,388 shares of Class A Common Stock and (B) warrants to purchase 5,141,388 shares of Class A Common Stock (the "Warrants"). The Class A Common Stock and Warrants will be issued separately. The combined purchase price per share of Class A Common Stock and accompanying Warrant is $3.89. On July 22, 2026, the first tranche of the Private Placement closed.

The securities reported herein are held of record by Apeiron Investment Group Limited, as nominee for Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron Investment Group Ltd., which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities reported herein. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Consists of securities acquired in connection with the transactions consummated on May 7, 2026, pursuant to that certain Agreement and Plan of Merger, dated November 26, 202, by and among A Paradise Acquisition Corp. ("A Paradise"), A Paradise Merger Sub I Inc. ("Merger Sub"), and Enhanced Ltd. ("Enhanced"), pursuant to which (i) Merger Sub merged with and into Enhanced, the separate corporate existence of Merger Sub ceased and Enhanced was the surviving corporation and a wholly owned subsidiary of A Paradise, (ii) Enhanced merged with and into A Paradise, the separate corporate existence of Enhanced ceased and A Paradise was the surviving corporation, and (iii) A Paradise changed its name to Enhanced Group Inc. (the "Issuer"). The merger did not alter the proportionate interest of security holders.

Includes 7,116,667 shares of Class A common stock of the Issuer consisting of such converted from (i) 6,666,667 A Paradise Class A ordinary shares from the A Paradise Class B ordinary shares on a one-to-one basis, (ii) 400,000 A Paradise Class A ordinary shares underlying the Private Placement Units, and (iii) 50,000 A Paradise Class A ordinary shares issuable upon conversion of the private placement rights underlying the Private Placement Units.

Consists of securities acquired in connection with the transactions consummated on May 7, 2026, pursuant to that certain Business Combination Agreement, dated November 26, 2025 (the "Business Combination Agreement"), by and among A Paradise Acquisition Corp. ("A Paradise"), A Paradise Merger Sub 1 Inc. ("Merger Sub"), and Enhanced Ltd. ("Enhanced"), pursuant to which (i) Merger Sub merged with and into Enhanced, the separate corporate existence of Merger Sub ceased and Enhanced was the surviving corporation and a wholly owned subsidiary of A Paradise, (ii) Enhanced merged with and into A Paradise, the separate corporate existence of Enhanced ceased and A Paradise was the surviving corporation, and (iii) A Paradise changed its name to "Enhanced Group Inc." (the "Issuer") (the "Business Combination").

The acquisition of the Stock Options for Class A common stock is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16b-3 under the Exchange Act. This Form 4 only reports the acquisition of securities of the Reporting Person pursuant to the Business Combination Agreement and does not reflect the purchase of securities by the Reporting Person.

In connection with the closing of the Business Combination, each outstanding option to purchase Enhanced common shares, whether vested or unvested, was exchanged for a comparable option to purchase that number of shares of Class A common stock of the Issuer based on the Exchange Ratio. The exercise price for each such option was also accordingly adjusted based on the Exchange Ratio.

The options were originally granted on October 29, 2025 and vest monthly over a four-year period measured from August 1, 2025 (the "Vesting Start Date"), subject to a one-year cliff.

Consists of securities acquired in connection with the transactions consummated on May 7, 2026, pursuant to that certain Business Combination Agreement, dated November 26, 2025 (the "Business Combination Agreement"), by and among A Paradise Acquisition Corp. ("A Paradise"), A Paradise Merger Sub 1 Inc. ("Merger Sub"), and Enhanced Ltd. ("Enhanced"), pursuant to which (i) Merger Sub merged with and into Enhanced, the separate corporate existence of Merger Sub ceased and Enhanced was the surviving corporation and a wholly owned subsidiary of A Paradise, (ii) Enhanced merged with and into A Paradise, the separate corporate existence of Enhanced ceased and A Paradise was the surviving corporation, and (iii) A Paradise changed its name to "Enhanced Group Inc." (the "Issuer") (the "Business Combination").

The acquisition of the Stock Options for Class A common stock, par value $0.0001, of the Issuer ("Class A common stock"), is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16b-3 under the Exchange Act. This Form 4 only reports the acquisition of securities of the Reporting Person pursuant to the Business Combination Agreement and does not reflect the purchase of securities by the Reporting Person.

In connection with the closing of the Business Combination, each outstanding option to purchase Enhanced common shares, whether vested or unvested, was exchanged for a comparable option to purchase that number of shares of Class A common stock of the Issuer based on the exchange ratio as defined in the Business Combination Agreement (the "Exchange Ratio"). The exercise price for each such option was also accordingly adjusted based on the Exchange Ratio.

The options were originally granted on October 29, 2025 and vest monthly over a four-year period measured from December 1, 2025 (the "Vesting Start Date"), subject to a one-year cliff.

Consists of securities acquired in connection with the transactions consummated on May 7, 2026, pursuant to that certain Business Combination Agreement, dated November 26, 2025 (the "Business Combination Agreement"), by and among A Paradise Acquisition Corp. ("A Paradise"), A Paradise Merger Sub 1 Inc. ("Merger Sub"), and Enhanced Ltd. ("Enhanced"), pursuant to which (i) Merger Sub merged with and into Enhanced, the separate corporate existence of Merger Sub ceased and Enhanced was the surviving corporation and a wholly owned subsidiary of A Paradise, (ii) Enhanced merged with and into A Paradise, the separate corporate existence of Enhanced ceased and A Paradise was the surviving corporation, and (iii) A Paradise changed its name to "Enhanced Group Inc." (the "Issuer") (the "Business Combination").

The acquisition of the Stock Options for Class A common stock, par value $0.0001, of the Issuer ("Class A common stock"), is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16b-3 under the Exchange Act. This Form 4 only reports the acquisition of securities of the Reporting Person pursuant to the Business Combination Agreement and does not reflect the purchase of securities by the Reporting Person.

In connection with the closing of the Business Combination, each outstanding option to purchase Enhanced common shares, whether vested or unvested, was exchanged for a comparable option to purchase that number of shares of Class A common stock of the Issuer based on the exchange ratio as defined in the Business Combination Agreement (the "Exchange Ratio"). The exercise price for each such option was also accordingly adjusted based on the Exchange Ratio.

The options were originally granted on October 29, 2025 and vest monthly over a four-year period measured from September 8, 2025 (the "Vesting Start Date"), subject to a one-year cliff.

Consists of securities acquired in connection with the transactions consummated on May 7, 2026, pursuant to that certain Business Combination Agreement, dated November 26, 2025 (the "Business Combination Agreement"), by and among A Paradise Acquisition Corp. ("A Paradise"), A Paradise Merger Sub 1 Inc. ("Merger Sub"), and Enhanced Ltd. ("Enhanced"), pursuant to which (i) Merger Sub merged with and into Enhanced, the separate corporate existence of Merger Sub ceased and Enhanced was the surviving corporation and a wholly owned subsidiary of A Paradise, (ii) Enhanced merged with and into A Paradise, the separate corporate existence of Enhanced ceased and A Paradise was the surviving corporation, and (iii) A Paradise changed its name to "Enhanced Group Inc." (the "Issuer") (the "Business Combination").

In connection with the closing of the Business Combination, each Enhanced common share issued and outstanding immediately prior to the effective time of the merger was, pursuant to the Business Combination Agreement, canceled and converted into the right to receive a number of shares of Class A common stock, par value $0.0001, of the Issuer ("Class A common stock"), based on the exchange ratio as defined in the Business Combination Agreement (the "Exchange Ratio"). The acquisition of the Class A common stock is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16b-3 under the Exchange Act. This Form 4 only reports the acquisition of securities of the Reporting Person pursuant to the Business Combination Agreement and does not reflect the purchase of securities by the Reporting Person.

Consists of securities acquired in connection with the transactions consummated on May 7, 2026, pursuant to that certain Business Combination Agreement, dated November 26, 2025 (the "Business Combination Agreement"), by and among A Paradise Acquisition Corp. ("A Paradise"), A Paradise Merger Sub 1 Inc. ("Merger Sub"), and Enhanced Ltd. ("Enhanced"), pursuant to which (i) Merger Sub merged with and into Enhanced, the separate corporate existence of Merger Sub ceased and Enhanced was the surviving corporation and a wholly owned subsidiary of A Paradise, (ii) Enhanced merged with and into A Paradise, the separate corporate existence of Enhanced ceased and A Paradise was the surviving corporation, and (iii) A Paradise changed its name to "Enhanced Group Inc." (the "Issuer") (the "Business Combination").

The award will be paid by the Issuer in 2026 in a lump sum of shares of Class A common stock. In connection with the closing of the Business Combination, each award to receive Enhanced common shares was exchanged for a comparable award to receive a number of shares of Class A common stock of the Issuer based on the Exchange Ratio.

Consists of securities acquired in connection with the transactions consummated on May 7, 2026, pursuant to that certain Agreement and Plan of Merger, dated November 26, 202, by and among A Paradise Acquisition Corp. ("A Paradise"), A Paradise Merger Sub I Inc. ("Merger Sub"), and Enhanced Ltd. ("Enhanced"), pursuant to which (i) Merger Sub merged with and into Enhanced, the separate corporate existence of Merger Sub ceased and Enhanced was the surviving corporation and a wholly owned subsidiary of A Paradise, (ii) Enhanced merged with and into A Paradise, the separate corporate existence of Enhanced ceased and A Paradise was the surviving corporation, and (iii) A Paradise changed its name to Enhanced Group Inc. (the "Issuer"). The merger did not alter the proportionate interest of security holders.

Includes 7,116,667 shares of Class A common stock of the Issuer consisting of such converted from (i) 6,666,667 A Paradise Class A ordinary shares from the A Paradise Class B ordinary shares on a one-to-one basis, (ii) 400,000 A Paradise Class A ordinary shares underlying the Private Placement Units, and (iii) 50,000 A Paradise Class A ordinary shares issuable upon conversion of the private placement rights underlying the Private Placement Units.

The reported shares of the Issuer are directly held by A SPAC IV (Holdings) Corp. (the "Sponsor"). Claudius Tsang is the sole director of the Sponsor and has voting and investment discretion with respect to the securities held of record by the Sponsor.

Represents securities received as part of the Issuer's business combination, in connection with that certain Agreement and Plan of Merger, dated as of November 26, 2025 (the "Merger Agreement"), by and between the Issuer (formerly A Paradise Acquisition Corp.), A Paradise Merger Sub I, Inc. and Enhanced Ltd.

The securities are held directly by Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron Investment Group Ltd., which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities held directly by Enhanced Holdings LP. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Consists of securities acquired in connection with the transactions consummated on May 7, 2026, pursuant to that certain Agreement and Plan of Merger, dated November 26, 202, by and among A Paradise Acquisition Corp. ("A Paradise"), A Paradise Merger Sub I Inc. ("Merger Sub"), and Enhanced Ltd. ("Enhanced"), pursuant to which (i) Merger Sub merged with and into Enhanced, the separate corporate existence of Merger Sub ceased and Enhanced was the surviving corporation and a wholly owned subsidiary of A Paradise, (ii) Enhanced merged with and into A Paradise, the separate corporate existence of Enhanced ceased and A Paradise was the surviving corporation, and (iii) A Paradise changed its name to Enhanced Group Inc. (the "Issuer"). The merger did not alter the proportionate interest of security holders.

Includes 7,116,667 shares of Class A common stock of the Issuer consisting of such converted from (i) 6,666,667 A Paradise Class A ordinary shares from the A Paradise Class B ordinary shares on a one-to-one basis, (ii) 400,000 A Paradise Class A ordinary shares underlying the Private Placement Units, and (iii) 50,000 A Paradise Class A ordinary shares issuable upon conversion of the private placement rights underlying the Private Placement Units.

Consists of securities acquired in connection with the transactions consummated on May 7, 2026, pursuant to that certain Agreement and Plan of Merger, dated November 26, 202, by and among A Paradise Acquisition Corp. ("A Paradise"), A Paradise Merger Sub I Inc. ("Merger Sub"), and Enhanced Ltd. ("Enhanced"), pursuant to which (i) Merger Sub merged with and into Enhanced, the separate corporate existence of Merger Sub ceased and Enhanced was the surviving corporation and a wholly owned subsidiary of A Paradise, (ii) Enhanced merged with and into A Paradise, the separate corporate existence of Enhanced ceased and A Paradise was the surviving corporation, and (iii) A Paradise changed its name to Enhanced Group Inc. (the "Issuer"). The merger did not alter the proportionate interest of security holders.

Includes 7,116,667 shares of Class A common stock of the Issuer consisting of such converted from (i) 6,666,667 A Paradise Class A ordinary shares from the A Paradise Class B ordinary shares on a one-to-one basis, (ii) 400,000 A Paradise Class A ordinary shares underlying the Private Placement Units, and (iii) 50,000 A Paradise Class A ordinary shares issuable upon conversion of the private placement rights underlying the Private Placement Units.

Represents securities received as part of the Issuer's business combination, in connection with that certain Agreement and Plan of Merger, dated as of November 26, 2025 (the "Merger Agreement"), by and between the Issuer (formerly A Paradise Acquisition Corp.), A Paradise Merger Sub I, Inc. and Enhanced Ltd.

The securities are held directly by Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron Investment Group Ltd., which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities held directly by Enhanced Holdings LP. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Consists of securities acquired in connection with the transactions consummated on May 7, 2026, pursuant to that certain Business Combination Agreement, dated November 26, 2025 (the "Business Combination Agreement"), by and among A Paradise Acquisition Corp. ("A Paradise"), A Paradise Merger Sub 1 Inc. ("Merger Sub"), and Enhanced Ltd. ("Enhanced"), pursuant to which (i) Merger Sub merged with and into Enhanced, the separate corporate existence of Merger Sub ceased and Enhanced was the surviving corporation and a wholly owned subsidiary of A Paradise, (ii) Enhanced merged with and into A Paradise, the separate corporate existence of Enhanced ceased and A Paradise was the surviving corporation, and (iii) A Paradise changed its name to "Enhanced Group Inc." (the "Issuer") (the "Business Combination").

In connection with the closing of the Business Combination, each Enhanced common share issued and outstanding immediately prior to the effective time of the merger was, pursuant to the Business Combination Agreement, canceled and converted into the right to receive a number of shares of Class A common stock, par value $0.0001, of the Issuer ("Class A common stock"), based on the exchange ratio as defined in the Business Combination Agreement (the "Exchange Ratio"). The acquisition of the Class A common stock is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16b-3 under the Exchange Act. This Form 4 only reports the acquisition of securities of the Reporting Person pursuant to the Business Combination Agreement and does not reflect the purchase of securities by the Reporting Person.

Securities are held by the JM 2021 Irrevocable Trust. The Reporting Person is a trustee of JM 2021 Irrevocable Trust and may be deemed to share voting and dispositive power over these securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for any other purpose except Section 16.

Consists of securities acquired in connection with the transactions consummated on May 7, 2026, pursuant to that certain Business Combination Agreement, dated November 26, 2025 (the "Business Combination Agreement"), by and among A Paradise Acquisition Corp. ("A Paradise"), A Paradise Merger Sub 1 Inc. ("Merger Sub"), and Enhanced Ltd. ("Enhanced"), pursuant to which (i) Merger Sub merged with and into Enhanced, the separate corporate existence of Merger Sub ceased and Enhanced was the surviving corporation and a wholly owned subsidiary of A Paradise, (ii) Enhanced merged with and into A Paradise, the separate corporate existence of Enhanced ceased and A Paradise was the surviving corporation, and (iii) A Paradise changed its name to "Enhanced Group Inc." (the "Issuer") (the "Business Combination").

The acquisition of the Stock Options for Class A common stock, par value $0.0001, of the Issuer ("Class A common stock"), is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16b-3 under the Exchange Act. This Form 4 only reports the acquisition of securities of the Reporting Person pursuant to the Business Combination Agreement and does not reflect the purchase of securities by the Reporting Person.

In connection with the closing of the Business Combination, each outstanding option to purchase Enhanced common shares, whether vested or unvested, was exchanged for a comparable option to purchase that number of shares of Class A common stock of the Issuer based on the exchange ratio as defined in the Business Combination Agreement (the "Exchange Ratio"). The exercise price for each such option was also accordingly adjusted based on the Exchange Ratio.

The options were originally granted on October 29, 2025 and vest monthly over a four-year period measured from August 12, 2024 (the "Vesting Start Date"), subject to a one-year cliff.

Consists of securities acquired in connection with the transactions consummated on May 7, 2026, pursuant to that certain Business Combination Agreement, dated November 26, 2025 (the "Business Combination Agreement"), by and among A Paradise Acquisition Corp. ("A Paradise"), A Paradise Merger Sub 1 Inc. ("Merger Sub"), and Enhanced Ltd. ("Enhanced"), pursuant to which (i) Merger Sub merged with and into Enhanced, the separate corporate existence of Merger Sub ceased and Enhanced was the surviving corporation and a wholly owned subsidiary of A Paradise, (ii) Enhanced merged with and into A Paradise, the separate corporate existence of Enhanced ceased and A Paradise was the surviving corporation, and (iii) A Paradise changed its name to "Enhanced Group Inc." (the "Issuer") (the "Business Combination").

The acquisition of the Stock Options for Class A common stock is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16b-3 under the Exchange Act. This Form 4 only reports the acquisition of securities of the Reporting Person pursuant to the Business Combination Agreement and does not reflect the purchase of securities by the Reporting Person.

In connection with the closing of the Business Combination, each outstanding option to purchase Enhanced common shares, whether vested or unvested, was exchanged for a comparable option to purchase that number of shares of Class A common stock of the Issuer based on the Exchange Ratio. The exercise price for each such option was also accordingly adjusted based on the Exchange Ratio.

The options were originally granted on October 29, 2025, and vest monthly over a four-year period measured from April 1, 2025 (the "Vesting Start Date"), subject to a one-year cliff.

Consists of securities acquired in connection with the transactions consummated on May 7, 2026, pursuant to that certain Business Combination Agreement, dated November 26, 2025 (the "Business Combination Agreement"), by and among A Paradise Acquisition Corp. ("A Paradise"), A Paradise Merger Sub 1 Inc. ("Merger Sub"), and Enhanced Ltd. ("Enhanced"), pursuant to which (i) Merger Sub merged with and into Enhanced, the separate corporate existence of Merger Sub ceased and Enhanced was the surviving corporation and a wholly owned subsidiary of A Paradise, (ii) Enhanced merged with and into A Paradise, the separate corporate existence of Enhanced ceased and A Paradise was the surviving corporation, and (iii) A Paradise changed its name to "Enhanced Group Inc." (the "Issuer") (the "Business Combination").

The acquisition of the Stock Options for Class A common stock, par value $0.0001, of the Issuer ("Class A common stock"), is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16b-3 under the Exchange Act. This Form 4 only reports the acquisition of securities of the Reporting Person pursuant to the Business Combination Agreement and does not reflect the purchase of securities by the Reporting Person.

In connection with the closing of the Business Combination, each outstanding option to purchase Enhanced common shares, whether vested or unvested, was exchanged for a comparable option to purchase that number of shares of Class A common stock of the Issuer based on the exchange ratio as defined in the Business Combination Agreement (the "Exchange Ratio"). The exercise price for each such option was also accordingly adjusted based on the Exchange Ratio.

The options were originally granted on October 29, 2025 and vest monthly over a four-year period measured from November 3, 2025 (the "Vesting Start Date"), subject to a one-year cliff.

Represents securities received as part of the Issuer's business combination, in connection with that certain Agreement and Plan of Merger, dated as of November 26, 2025 (the "Merger Agreement"), by and between the Issuer (formerly A Paradise Acquisition Corp.), A Paradise Merger Sub I, Inc. and Enhanced Ltd.

The warrants are currently exercisable and have a two-year term, which may be accelerated if the Class A Common Stock trades at or above $15 for at least twenty of thirty consecutive trading days.

The securities are held directly by Enhanced Holdings LP. Christian Angermayer is the sole voting shareholder of Apeiron Investment Group Ltd., which is the sole shareholder of Enhanced Holdings GP, which is the general partner of Enhanced Holdings LP. As a result, each of the foregoing entities and Mr. Angermayer may be deemed to share beneficial ownership over the securities held directly by Enhanced Holdings LP. Mr. Angermayer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Reflects the 400,000 units owned by A SPAC IV (Holdings) Corp. (the "Sponsor"). Each unit consists of one Class A ordinary share and one right to receive one-eighth (1/8) of one Class A ordinary share upon consummation of the Issuer's initial business combination. The units were purchased at $10.00 per unit for an aggregate purchase price of $4,000,000. Mr. Tsang is the sole director of the Sponsor and has voting and dispositive power over the shares held of record by the Sponsor.

The rights convert automatically into Class A ordinary shares at the completion of the Issuer's initial business combination.

Reflects the 400,000 units owned by A SPAC IV (Holdings) Corp. (the "Sponsor"). Each unit consists of one Class A ordinary share and one right to receive one-eighth (1/8) of one Class A ordinary share upon consummation of the Issuer's initial business combination. The units were purchased at $10.00 per unit for an aggregate purchase price of $4,000,000. Mr. Tsang is the sole director of the Sponsor and has voting and dispositive power over the shares held of record by the Sponsor.

The rights convert automatically into Class A ordinary shares at the completion of the Issuer's initial business combination.

Reflects the 400,000 units owned by A SPAC IV (Holdings) Corp. (the "Sponsor"). Each unit consists of one Class A ordinary share and one right to receive one-eighth (1/8) of one Class A ordinary share upon consummation of the Issuer's initial business combination. The units were purchased at $10.00 per unit for an aggregate purchase price of $4,000,000.

Shares held by the Sponsor. Mr. Tsang is the sole director of the Sponsor and has voting and dispositive power over the shares held of record by the Sponsor. Mr. Tsang disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Reflects the 400,000 units owned by A SPAC IV (Holdings) Corp. (the "Sponsor"). Each unit consists of one Class A ordinary share and one right to receive one-eighth (1/8) of one Class A ordinary share upon consummation of the Issuer's initial business combination. The units were purchased at $10.00 per unit for an aggregate purchase price of $4,000,000.

Shares held by the Sponsor. Mr. Tsang is the sole director of the Sponsor and has voting and dispositive power over the shares held of record by the Sponsor. Mr. Tsang disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.