REF · Reformation Inc.

Represents shares of common stock sold as a selling stockholder in the Issuer's initial public offering at $13.95 per share, which reflects the price to the public less the underwriting discount and commission, in connection with an underwriter's exercise of its over-allotment option relating to the Issuer's initial public offering.

Represents shares of common stock sold as a selling stockholder in the Issuer's initial public offering at $13.95 per share, which reflects the price to the public less the underwriting discount and commission, in connection with an underwriter's exercise of its over-allotment option relating to the Issuer's initial public offering.

Represents shares of common stock held directly by Refo SCSp. P6 GP Sarl is the general partner of Refo SCSp. Permira VI L.P.1 is the controlling shareholder of P6 GP Sarl. Permira VI L.P.1 acts through Permira VI G.P. Limited, its general partner. Each of the foregoing entities disclaims beneficial ownership of the securities held by Refo SCSp, except to the extent of their respective pecuniary interest therein, if any.

Represents shares of common stock sold as a selling stockholder in the Issuer's initial public offering at $13.95 per share, which reflects the price to the public less the underwriting discount and commission.

Represents shares of common stock held directly by Refo SCSp. P6 GP Sarl is the general partner of Refo SCSp. Permira VI LP1 is the controlling shareholder of P6 GP Sarl. Permira VI LP1 acts through Permira VI G.P. Limited, its general partner. Each of the foregoing entities disclaims beneficial ownership of the securities held by Refo SCSp, except to the extent of their respective pecuniary interest therein, if any.

Represents securities purchased by the Issuer in a synthetic secondary transaction in connection with the Issuer's initial public offering.

Consists of 300,000 shares of common stock underlying PSUs and 833,332 shares of common stock underlying RSUs.

Represents securities purchased by the Issuer in a synthetic secondary transaction in connection with the Issuer's initial public offering.

These options are fully vested.

Represents securities purchased by the Issuer in a synthetic secondary transaction in connection with the Issuer's initial public offering.

These options are fully vested.

Represents a grant of restricted stock units ("RSUs"), which vest in full on the first anniversary of the grant date, subject to continued service through such date. Each RSU represents a contingent right to receive one share of common stock.

Represents a grant of restricted stock units ("RSUs"), which vest in two equal annual installments in each of the first and second anniversaries of the grant date, subject to the reporting person's continued employment with the Issuer through the applicable vesting date. Each RSU represents a contingent right to receive one share of common stock.

Represents shares of common stock sold as a selling stockholder in the Issuer's initial public offering at $13.95 per share, which reflects the price to the public less the underwriting discount and commission.

Represents a grant of fully vested restricted stock units ("RSUs"), which will settle on earlier of within 30 days following the expiration of any applicable lock-up agreements with the underwriters for the Issuer's initial public offering and March 15, 2027.

One-third of the options vest on the first anniversary of the grant date, and the remainder vest in equal quarterly installments on each of the eight quarterly anniversaries of the grant date following the first anniversary of the grant date, such that the stock options will become fully vested on the third anniversary of the grant date, in each case subject to the reporting person's continued employment with the Issuer through the applicable vesting date.

One-third of the options vest on the first anniversary of the grant date, and the remainder vest in equal quarterly installments on each of the eight quarterly anniversaries of the grant date following the first anniversary of the grant date, such that the stock options will become fully vested on the third anniversary of the grant date, in each case subject to the reporting person's continued employment with the Issuer through the applicable vesting date.

Represents a grant of restricted stock units ("RSUs"), which vest in full on the first anniversary of the grant date, subject to continued service through such date. Each RSU represents a contingent right to receive one share of common stock.

Represents a grant of RSUs, which vest in three equal annual installments in each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment with the Issuer through the applicable vesting date.

Represents a grant of restricted stock units ("RSUs"), which vest in full on the first anniversary of the grant date, subject to continued service through such date. Each RSU represents a contingent right to receive one share of common stock.

Represents a grant of RSUs, which vest in three equal annual installments in each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment with the Issuer through the applicable vesting date.

Includes 166,666 shares of common stock underlying RSUs.

Represents a grant of restricted stock units ("RSUs"), which vest in two equal annual installments in each of the first and second anniversaries of the grant date, subject to the reporting person's continued employment with the Issuer through the applicable vesting date. Each RSU represents a contingent right to receive one share of common stock.

Represents a grant of RSUs, which vest in two equal annual installments in each of the first and second anniversaries of the grant date, subject to the reporting person's continued employment with the Issuer through the applicable vesting date. Each RSU represents a contingent right to receive one share of common stock.

Represents a grant of RSUs, which vest in three equal annual installments in each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment with the Issuer through the applicable vesting date.

Consists of 324,781 shares of common stock underlying RSUs.

Represents a grant of restricted stock units ("RSUs"), which vest in full on the first anniversary of the grant date, subject to continued service through such date. Each RSU represents a contingent right to receive one share of common stock.

Represents a grant of restricted stock units ("RSUs"), which vest in full on the first anniversary of the grant date, subject to continued service through such date. Each RSU represents a contingent right to receive one share of common stock.

Represents a grant of performance-based restricted stock units ("PSUs"), which vest subject to the achievement of certain pre-determined stock price targets and satisfaction of a service-based vesting condition. The PSUs are awarded at a target level and have the opportunity to vest at 200% of such target level. Each PSU represents a contingent right to receive one share of common stock.

One-third of the options vest on the first anniversary of the grant date, and the remainder vest in equal quarterly installments on each of the eight quarterly anniversaries of the grant date following the first anniversary of the grant date, such that the stock options will become fully vested on the third anniversary of the grant date, in each case subject to the reporting person's continued employment with the Issuer through the applicable vesting date.

Represents securities purchased by the Issuer in a synthetic secondary transaction in connection with the Issuer's initial public offering.

These options are fully vested.