HGBL · Heritage Global Inc.

Options were granted 6/1/2019 and vested 25% annually beginning on the first anniversary of the grant date.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.31 to $1.36, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.31 to $1.37, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

These shares are restricted and will vest quarterly with 25% vesting on June 5, 2026; 25% vesting on September 5, 2026; 25% vesting on December 5, 2026; and 25% vesting on March 5, 2027

These shares are restricted and will vest quarterly with 25% vesting on June 5, 2026; 25% vesting on September 5, 2026; 25% vesting on December 5, 2026; and 25% vesting on March 5, 2027

These shares are restricted and will vest quarterly with 25% vesting on June 5, 2026; 25% vesting on September 5, 2026; 25% vesting on December 5, 2026; and 25% vesting on March 5, 2027

These shares are restricted and will vest quarterly with 25% vesting on June 5, 2026; 25% vesting on September 5, 2026; 25% vesting on December 5, 2026; and 25% vesting on March 5, 2027

These shares are restricted and will vest quarterly with 25% vesting on June 5, 2026; 25% vesting on September 5, 2026; 25% vesting on December 5, 2026; and 25% vesting on March 5, 2027

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.26 to $1.33, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.35 to $1.41, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.22 to $1.24, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.30 to $1.35, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.41 to $1.46, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.61 to $1.65, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

Shares withheld by Heritage Global Inc. to satisfy tax withholding on restricted stock

Shares withheld by Heritage Global Inc. to satisfy tax withholding on restricted stock

Shares withheld by Heritage Global Inc. to satisfy tax withholding on restricted stock

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.91 to $2.02, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.03 to $2.11, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

These shares are restricted and will vest quarterly with 25% vesting on June 6, 2025; 25% vesting on September 6, 2025; 25% vesting on December 6, 2025; and 25% vesting on March 6, 2026

These shares are restricted and will vest in full on March 6, 2026.

These shares are restricted and will vest quarterly with 25% vesting on June 6, 2025; 25% vesting on September 6, 2025; 25% vesting on December 6, 2025; and 25% vesting on March 6, 2026

These shares are restricted and will vest in full on March 6, 2026.

These shares are restricted and will vest in full on March 6, 2026.

These shares are restricted and will vest quarterly with 25% vesting on June 6, 2025; 25% vesting on September 6, 2025; 25% vesting on December 6, 2025; and 25% vesting on March 6, 2026

These shares are restricted and will vest quarterly with 25% vesting on June 6, 2025; 25% vesting on September 6, 2025; 25% vesting on December 6, 2025; and 25% vesting on March 6, 2026

These shares are restricted and will vest quarterly with 25% vesting on June 6, 2025; 25% vesting on September 6, 2025; 25% vesting on December 6, 2025; and 25% vesting on March 6, 2026

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.01 to $2.09, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.00 to $2.04, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.21 to $2.25, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.20 to $2.27, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.07 to $2.22, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.04 to $2.11, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.95 to $2.00, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

These shares are restricted and vest 25% annually until December 31, 2028

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.75 to $1.76, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.75 to $1.77, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.75 to $1.80, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.61 to $1.64, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

This transaction reflects the sale of shares made pursuant to a previously established 10b5-1 plan

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.60 to $1.62, 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 sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

The original Form 4, filed on November 20, 2024 (the "Original Filing"), is being amended by this Form 4 amendment (the "Amendment") solely to correct an administrative error which underreported the amount of securities beneficially owned by the reporting person following a sale transaction that occurred on November 19, 2024 by less than 1,825 shares. As a result of this administrative error, all Form 4s filed by the reporting person after the Original Filing underreported the amount of securities beneficially owned by the reporting person by 1,825 shares. This Amendment corrects the amount of securities beneficially owned by the reporting person in the Original Filing by increasing the amount by 1,825 shares.

Shares withheld by Heritage Global Inc. to satisfy tax withholding on restricted stock

Shares withheld by Heritage Gloabl Inc. to satisfy tax withholding on restricted stock

These shares are restricted and will vest in full on March 7, 2025.

These shares are restricted and will vest in full on March 7, 2025.

These shares are restricted and will vest in full on March 7, 2025.