QBTS · D-Wave Quantum Inc.

The reported sale of 3,070 shares of Common Stock occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025 and modified on September 12, 2025.

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $16.72 to $17.48, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Includes 583,019 unvested restricted stock units.

Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units ("RSUs").

Includes 188,349 unvested RSUs.

Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units ("RSUs").

Includes 398,997 unvested RSUs.

Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units ("RSUs").

Includes 1,137,257 unvested RSUs.

Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units ("RSUs").

Includes 583,019 unvested RSUs.

The reported sale of 13,518 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025.

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $25.68 to $27.1178, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Includes 9,357 unvested restricted stock units.

Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units ("RSUs").

Includes 198,684 unvested RSUs.

Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units.

Includes 420,872 unvested restricted stock units.

Includes 420,872 unvested restricted stock units.

Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units ("RSUs").

Includes 589,269 unvested RSUs.

Includes 420,872 unvested restricted stock units.

Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units ("RSUs").

Includes 132,446 unvested RSUs.

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.10, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Includes 420,872 unvested restricted stock units.

Includes 420,872 shares of unvested restricted stock units.

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.72, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Includes 420,872 shares of unvested restricted stock units.

The option has vested and is exercisable as of the date hereof.

The sales reported in this Form 4 were effected for financial and tax planning purposes.

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.53, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Includes 1,270,221 shares of unvested restricted stock units.

Includes 1,270,221 shares of unvested restricted stock units.

The option has vested and is exercisable as of the date hereof.

Includes 1,270,221 shares of unvested restricted stock units.

The reported sale of 7,850 shares of Common Stock occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 15, 2025.

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $23.33 to $26.28, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Includes 9,357 unvested restricted stock units.

Consists of restricted stock units ("RSUs"), each RSU representing the right to receive one share of Common Stock of the Issuer, that will vest on May 31, 2027, subject to the reporting person's continued service to the Issuer.

Includes 9,357 unvested RSUs.

Consists of restricted stock units ("RSUs"), each RSU representing the right to receive one share of Common Stock of the Issuer, that will vest on May 31, 2027, subject to the reporting person's continued service to the Issuer.

Includes 9,357 unvested RSUs.

Consists of restricted stock units ("RSUs"), each RSU representing the right to receive one share of Common Stock of the Issuer, that will vest on May 31, 2027, subject to the reporting person's continued service to the Issuer.

Includes 9,357 unvested RSUs.

Consists of restricted stock units ("RSUs"), each RSU representing the right to receive one share of Common Stock of the Issuer, that will vest on May 31, 2027, subject to the reporting person's continued service to the Issuer.

Includes 9,357 unvested RSUs.

Consists of restricted stock units ("RSUs"), each RSU representing the right to receive one share of Common Stock of the Issuer, that will vest on May 31, 2027, subject to the reporting person's continued service to the Issuer.

Includes 9,357 unvested RSUs.

Consists of restricted stock units ("RSUs"), each RSU representing the right to receive one share of Common Stock of the Issuer, that will vest on May 31, 2027, subject to the reporting person's continued service to the Issuer.

Includes 9,357 unvested RSUs.

Includes 447,770 shares of unvested restricted stock units.

Prior to the reported option exercise transaction, this option had fully vested and was exercisable as to 207,926 shares of Common Stock.

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $27.00 to $28.61, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Includes 447,770 shares of unvested restricted stock units.

Includes 447,770 shares of unvested restricted stock units.

Prior to the reported option exercise transaction, this option had fully vested and was exercisable as to 120,826 shares of Common Stock.

Includes 447,770 shares of unvested restricted stock units.

The reported sale of 40,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 14, 2025.

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $25.00 to $25.04, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Includes 206,796 shares of unvested restricted stock units.

The reported sale of 23,025 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025 and modified on September 12, 2025.

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $18.35 to $19.40, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Includes 543,750 unvested restricted stock units.

Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units ("RSUs").

Includes 1,270,221 unvested RSUs.

Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units ("RSUs").

Includes 206,796 unvested RSUs.

Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units ("RSUs").

Includes 543,750 unvested RSUs.

Represents 753,941 restricted stock units ("RSUs") granted on April 30, 2026 (the "April RSU Grant"), each RSU representing the right to receive one share of Common Stock of the Issuer, that vest in equal quarterly installments from April 30, 2026 through January 1, 2030, subject to the Reporting Person's continued service to the Issuer.

Includes 1,270,220 unvested RSUs. As of the date hereof, 47,122 RSUs from the April RSU Grant have vested; the shares of Common Stock issuable in respect thereof have not yet been delivered.

The reported sale of 3,070 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025 and modified on September 12, 2025.

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $20.62 to $21.875, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Includes 639,179 shares of unvested restricted stock units.

Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units.

Includes 563,401 shares of unvested restricted stock units.

Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units.

Includes 639,179 shares of unvested restricted stock units.

Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units.

Includes 213,046 shares of unvested restricted stock units.

Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units.

Includes 447,770 shares of unvested restricted stock units.

The reported sale of 10,000 shares of Common Stock occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025.

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $17.165 to $18.385, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Includes 14,260 shares of unvested restricted stock units.

Represents the number of shares of Common Stock required to be sold to cover the statutory tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $17.60 to $17.66, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Includes 223,381 shares of unvested restricted stock units.

Represents the number of shares of Common Stock required to be sold to cover the statutory tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $17.60 to $17.66, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Includes 469,645 shares of unvested restricted stock units.

The reported sale of 8,000 shares of Common Stock occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 15, 2025.

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $17.31 to $18.825, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Includes 14,260 shares of unvested restricted stock units.

Represents 28,068 restricted stock units ("RSUs"), each RSU representing the right to receive one share of Common Stock of the Issuer. The RSUs will vest in equal quarterly installments beginning on May 19, 2026 through February 19, 2030, subject to the reporting person's continued service to the Issuer.

Includes 229,739 shares of unvested RSUs.

Represents the number of shares of Common Stock required to be sold to cover the statutory tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $19.745 to $19.7701, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Includes 201,671 shares of unvested restricted stock units.