NEOV · NeoVolta Inc.

Each restricted stock unit represents a contingent right to receive one shares of Company common stock.

Issued in connection with the reporting person's employment with the Company.

The restricted stock units vest upon the successful completion of certain financial metrics, subject to the grantee's continued service to the Company on the vesting date.

Each restricted stock unit represents a contingent right to receive one shares of Company common stock.

Issued in connection with the reporting person's employment with the Company.

The restricted stock units vest as follows: (i) 33% on the one-year anniversary of the Transaction Date; and (ii) the remaining 67% in eight quarterly installments thereafter, subject to the grantee's continued service to the Company on each vesting date.

Each restricted stock unit represents a contingent right to receive one share of Company common stock.

Issued in connection with the reporting person's employment with the Company.

On October 1, 2025, the reporting person was issued a restricted stock unit award for 450,000 shares of Company common stock that vests in twelve equal quarterly installments over a three-year period, subject to the grantee's continued service to the Company on each vesting date.

Each restricted stock unit represents a contingent right to receive one share of Company common stock.

Issued in connection with the reporting person's employment with the Company.

On October 1, 2025, the reporting person was issued a restricted stock unit award for 450,000 shares of Company common stock that vests in twelve equal quarterly installments over a three-year period, subject to the grantee's continued service to the Company on each vesting date.

Each restricted stock unit represents a contingent right to receive one share of Company common stock.

Each restricted stock unit represents a contingent right to receive one share of Company common stock.

Issued in connection with the reporting person's employment with the Company.

Employee Stock Options vest as follows: 25% on issuance and 25% on each of February 4, 2027; February 4, 2028; and February 4, 2029, subject to reporting person's continued service to the Company on each vesting date.

Each restricted stock unit represented a contingent right to receive one shares of Company common stock.

Issued in connection with the reporting person's employment with the Company.

The reporting person was granted 240,000 restricted stock units (RSUs), which were scheduled to vest in four equal annual installments, commencing February 4, 2026, provided the reporting person is serving as an employee of the Company on such date.

Issued in connection with the reporting person's employment with the Company.

Employee Stock Options vest as follows: 25% on issuance and 25% on each of April 19, 2026; April 19, 2027; and April 19, 2028, subject to reporting person's continued service to the Company on each vesting date.

Each restricted stock unit represented a contingent right to receive one shares of Company common stock.

Issued in connection with the reporting person's employment with the Company.

The restricted stock units set forth in this table were scheduled to vest in four equal annual installments beginning on April 19, 2025, subject to the grantee's continued service to the Company on each vesting date.

The shares were sold in a private transaction and are deemed to be "restricted securities" pursuant to the Securities Act of 1933, as amended.

Includes 3,500,000 shares held by Canmore International, Inc., an entity affiliated with the reporting person, and 50,000 shares held directly by the reporting person.

Each restricted stock unit represents a contingent right to receive one shares of Company common stock.

Issued in connection with the reporting person's employment with the Company.

The restricted stock units set forth in this table vests in 12 equal quarterly installments, subject to the grantee's continued service to the Company on each vesting date.

Each restricted stock unit represents a contingent right to receive one shares of Company common stock.

Issued in connection with the reporting person's employment with the Company.

The restricted stock units set forth in this table vests in 12 equal quarterly installments, subject to the grantee's continued service to the Company on each vesting date.

Each restricted stock unit represents a contingent right to receive one shares of Company common stock.

Issued in connection with the reporting person's employment with the Company.

The reporting person was granted 240,000 restricted stock units (RSUs), vesting in four equal annual installments, provided the reporting person is serving as an employee of the Company on such date.

Each restricted stock unit represents a contingent right to receive one shares of Company common stock.

Issued in connection with the reporting person's employment with the Company.

The restricted stock units set forth in this table vests in three equal annual installments beginning on the first anniversary of the Transaction Date, subject to the grantee's continued service to the Company on each vesting date.

Issued in connection with Board of Director services.

Issued in connection with Board of Director services.

Issued in connection with Board of Director services.

Each restricted stock unit represents a contingent right to receive one shares of Company common stock.

Issued in connection with the reporting person's employment with the Company.

The restricted stock units set forth in this table vests in four equal annual installments beginning on the first anniversary of the Transaction Date, subject to the grantee's continued service to the Company on each vesting date..

Issued in connection with Board of Director services.

Issued in connection with Board of Director services.

Issued in connection with Board of Director services.

Issued in connection with Board of Director services.

Issued upon conversion of restricted stock units that convert into common stock on a one-for-one basis.

Does not include 4,000,000 shares held by Canmore International, Inc., an entity affiliated with the reporting person.

The reporting person was granted 300,000 restricted stock units (RSUs), vesting as follows: (i) 250,000 of the RSUs vested on January 1, 2023; and (ii) 50,000 RSUs shall vest on the occurrence of both of the following events: (A) the filing of the Company's Form 10-K for the year ended June 30, 2023 no later than September 29, 2023; and (B) the earliest of (1) a change in control or (2) the termination of the reporting person's employment by the Company without cause (as defined in the employment agreement between the Company and reporting person) or (3) the death of reporting person, or (4) January 1, 2024, provided the reporting person is serving as an employee of the Company on such date.

Issued upon conversion of restricted stock units that convert into common stock on a one-for-one basis.

The reporting person was granted 300,000 restricted stock units (RSUs), vesting as follows: (i) 50,000 of the RSUs vested on January 1, 2023; and (ii) 100,000 RSUs shall vest shall vest on the occurrence of both of the following events: (A) the Company producing at least 2,000 energy storage systems during 2022; and (B) the earliest of (1) a change in control or (2) the termination of the reporting person's employment by the Company without cause (as defined in the employment agreement between the Company and reporting person dated on or about the date hereof) or (3) the death of reporting person, or (4) January 1, 2023, provided the reporting person is serving as an employee of the Company on such date.

Issued upon conversion of restricted stock units that convert into common stock on a one-for-one basis.

Issued upon conversion of restricted stock units that convert into common stock on a one-for-one basis.

Issued in connection with Board of Director services.