SBET · Sharplink, Inc.

Common stock acquired upon the vesting and settlement of restricted stock units ("RSUs") granted on July 24, 2025.

The reporting person has reported prior awards of RSUs in Table II of Form 4. The total reported in Column 5 includes: (i) 24,998 unvested RSUs previously reported on Table II, and (ii) 49,998 shares of the Registrant's common stock.

Represents shares of the Registrant's common stock withheld to satisfy tax withholding obligations upon the vesting and settlement of restricted stock units ("RSUs").

Includes: (i) 440,562 unvested RSUs, and (ii) 159,662 shares of the Registrant's common stock.

Common stock acquired upon the vesting and settlement of restricted stock units ("RSUs") granted on July 24, 2025.

The reporting person has reported prior awards of RSUs in Table II of Form 4. The total reported in Column 5 includes: (i) 24,998 unvested RSUs previously reported on Table II, and (ii) 49,998 shares of the Registrant's common stock.

Represents shares of the Registrant's common stock withheld to satisfy tax withholding obligations upon the vesting and settlement of restricted stock units ("RSUs").

The total reported in Column 5 includes: (i) 276,863 unvested RSUs, and (ii) 135,473 shares of the Registrant's common stock.

Represents shares of the Registrant's common stock withheld to satisfy tax withholding obligations upon the vesting and settlement of restricted stock units ("RSUs").

The total reported in Column 5 includes: (i) 824,807 unvested RSUs, and (ii) 239,553 shares of the Registrant's common stock.

Common stock acquired upon the vesting and settlement of restricted stock units ("RSUs") granted on July 24, 2025.

The reporting person has reported prior awards of RSUs in Table II of Form 4. The total reported in Column 5 includes: (i) 24,998 unvested RSUs previously reported on Table II, and (ii) 49,998 shares of the Registrant's common stock.

Represents shares of the Registrant's common stock withheld to satisfy tax withholding obligations upon the vesting and settlement of performance based RSUs.

The reporting person has reported prior awards of RSUs in Table II of Form 4. The total reported in Column 5 includes (i) 627,747 newly awarded RSUs, (ii) 295,590 unvested RSUs previously reported in Table II, and (iii) 191,170 shares of the Registrant's common stock.

Represents shares of the Registrant's common stock acquired upon vesting of performance based RSUs granted on August 27, 2025.

Represents shares of the Registrant's common stock acquired upon vesting of performance based RSUs granted on August 27, 2025.

Represents shares of the Registrant's common stock withheld to satisfy tax withholding obligations upon the vesting and settlement of performance based RSUs.

Includes: (i) 313,874 newly awarded RSUs, (ii) 190,022 unvested RSUs, and (iii) 121,250 shares of the Registrant's common stock.

Represents shares of the Registrant's common stock underlying restricted stock units ("RSUs") granted on July 3, 2026 which vest, subject to the reporting person's continuous service, in accordance with the following schedule: (i) one-third (1/3rd) of the RSUs will vest on the first anniversary of June 30, 2026 (the "Vesting Commencement Date"), and (ii) one-twelfth (1/12th) of the RSUs will vest on each of the eight quarterly vesting dates (i.e., September 30, December 30, March 30, and June 30 with respect to any calendar year) that occurs after the first anniversary of the Vesting Commencement Date through and including the third (3rd) anniversary of the Vesting Commencement Date.

Represents shares of the Registrant's common stock underlying restricted stock units ("RSUs") granted on July 3, 2026 which vest, subject to the reporting person's continuous service, in accordance with the following schedule: (i) one-third (1/3rd) of the RSUs will vest on the first anniversary of June 30, 2026 (the "Vesting Commencement Date"), and (ii) one-twelfth (1/12th) of the RSUs will vest on each of the eight quarterly vesting dates (i.e., September 30, December 30, March 30, and June 30 with respect to any calendar year) that occurs after the first anniversary of the Vesting Commencement Date through and including the third (3rd) anniversary of the Vesting Commencement Date.

Represents shares of the Registrant's common stock underlying restricted stock units ("RSUs") granted on July 3, 2026 which vest, subject to the reporting person's continuous service, in accordance with the following schedule: (i) one-third (1/3rd) of the RSUs will vest on the first anniversary of June 30, 2026 (the "Vesting Commencement Date"), and (ii) one-twelfth (1/12th) of the RSUs will vest on each of the eight quarterly vesting dates (i.e., September 30, December 30, March 30, and June 30 with respect to any calendar year) that occurs after the first anniversary of the Vesting Commencement Date through and including the third (3rd) anniversary of the Vesting Commencement Date.

Represents shares of the Registrant's common stock withheld to satisfy tax withholding obligations upon the vesting and settlement of performance based RSUs.

The reporting person has reported prior awards of RSUs in Table II of Form 4. The total reported in Column 5 includes (i) 169,492 newly awarded RSUs, (ii) 161,053 unvested RSUs previously reported in Table II, and (iii) 102,915 shares of the Registrant's common stock.

Represents shares of the Registrant's common stock acquired upon vesting of performance based RSUs granted on August 27, 2025.

Represents shares of the Registrant's common stock underlying restricted stock units ("RSUs") granted on July 3, 2026 which vest, subject to the reporting person's continuous service, in accordance with the following schedule: (i) one-third (1/3rd) of the RSUs will vest on the first anniversary of June 30, 2026 (the "Vesting Commencement Date"), and (ii) one-twelfth (1/12th) of the RSUs will vest on each of the eight quarterly vesting dates (i.e., September 30, December 30, March 30, and June 30 with respect to any calendar year) that occurs after the first anniversary of the Vesting Commencement Date through and including the third (3rd) anniversary of the Vesting Commencement Date.

Includes: (i) 31,388 newly awarded RSUs, (ii) 35,000 unvested RSUs, and (iii) 65 shares of the Registrant's common stock.

Represents shares of the Registrant's common stock underlying restricted stock units ("RSUs") granted on July 3, 2026 which vest, subject to the reporting person's continuous service, in accordance with the following schedule: (i) one-third (1/3rd) of the RSUs will vest on the first anniversary of June 30, 2026 (the "Vesting Commencement Date"), and (ii) one-twelfth (1/12th) of the RSUs will vest on each of the eight quarterly vesting dates (i.e., September 30, December 30, March 30, and June 30 with respect to any calendar year) that occurs after the first anniversary of the Vesting Commencement Date through and including the third (3rd) anniversary of the Vesting Commencement Date.

Represents 602,653 RSUs.

These shares of Common Stock of the Issuer are held directly by Permanent Highest Power Capital LLC ("PHPC LLC"), a limited liability company owned by Gradient Ascent Trust (the "Trust"). Mr. Lubin's son is a co-trustee of the Trust, and the beneficiaries of the Trust are members of Mr. Lubin's immediate family. Mr. Lubin is the manager of PHPC LLC. Mr. Lubin disclaims beneficial ownership of these securities for purposes of Section 16, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16, in each case except to the extent of his pecuniary interest therein. The amount in this column consists of 1,200,000 shares of Common Stock issued to PHPC upon the exercise of an equal number of pre-funded warrants by PHPC on April 15, 2026.

The holder of theses pre-funded warrants may, at any time and from time to time, exercise the pre-funded warrants for up to an equivalent number of shares of the Issuer's Common Stock until it has been exercised in full.

On April 15, 2026, Mr. Lubin contributed 1,200,000 (of a total of 6,354,213) directly-held, pre-funded warrants to purchase up to 1,200,000 shares of Common Stock of the Issuer, to PHPC LLC, in exchange for all of the limited liability company interests of PHPC LLC; and immediately thereafter, transferred all of the limited liability interests of PHPC LLC to the Trust for no consideration. Mr. Lubin was initially (and remains) the manager of PHPC LLC. Mr. Lubin's son is a co-trustee of the Trust, and the beneficiaries of the Trust are members of his immediate family. Mr. Lubin disclaims beneficial ownership of these securities for purposes of Section 16, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16, in each case except to the extent of his pecuniary interest therein.

These pre-funded warrants were exercisable at any time and from time to time until exercised in full for up to an equivalent number of shares of Common Stock of the Issuer.

The holder of theses pre-funded warrants may, at any time and from time to time, exercise the pre-funded warrants for up to an equivalent number of shares of the Issuer's Common Stock until it has been exercised in full.

On April 15, 2026, Mr. Lubin contributed 1,200,000 (of a total of 6,354,213) directly-held, pre-funded warrants to purchase up to 1,200,000 shares of Common Stock of the Issuer, to PHPC LLC, in exchange for all of the limited liability company interests of PHPC LLC; and immediately thereafter, transferred all of the limited liability interests of PHPC LLC to the Trust for no consideration. Mr. Lubin was initially (and remains) the manager of PHPC LLC. Mr. Lubin's son is a co-trustee of the Trust, and the beneficiaries of the Trust are members of his immediate family. Mr. Lubin disclaims beneficial ownership of these securities for purposes of Section 16, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16, in each case except to the extent of his pecuniary interest therein.

These shares of Common Stock of the Issuer are held directly by CSI. Mr. Lubin disclaims beneficial ownership of the securities of the Issuer held by CSI for purposes of Section 16, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16, in each case except to the extent of his pecuniary interest therein. The amount in this column includes an aggregate of 3,966,340 shares of Common Stock issued to CSI upon the exercise of an equal number of pre-funded warrants by CSI on April 15, 2026.

These pre-funded warrants were exercisable at any time and from time to time until exercised in full for up to an equivalent number of shares of Common Stock of the Issuer.

The holder of theses pre-funded warrants may, at any time and from time to time, exercise the pre-funded warrants for up to an equivalent number of shares of the Issuer's Common Stock until it has been exercised in full.

On April 15, 2026, after: (i) the contribution and transfer described in footnote 7 above; and (ii) the exercise of an aggregate of 5,462,952 pre-funded warrants by CSI and the exercise of 5,154,213 pre-funded warrants by Mr. Lubin, PHPC LLC exercised all of the pre-funded warrants contributed to it by Mr. Lubin. Mr. Lubin disclaims beneficial ownership of these securities for purposes of Section 16, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16, in each case except to the extent of his pecuniary interest therein.

These shares of Common Stock, par value $0.0001 per share ("Common Stock") of the Issuer are held directly by Consensys Software, Inc. ("CSI"). Mr. Lubin is the Chief Executive Officer of CSI and may be deemed to control CSI. Mr. Lubin disclaims beneficial ownership of the securities of the Issuer held by CSI for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16, in each case except to the extent of his pecuniary interest therein. The amount in this column includes an aggregate of 1,496,612 shares of Common Stock issued to CSI upon the exercise of an equal number of pre-funded warrants by CSI on April 15, 2026.

The holder of theses pre-funded warrants may, at any time and from time to time, exercise the pre-funded warrants for up to an equivalent number of shares of the Issuer's Common Stock until it has been exercised in full.

On April 15, 2026, after: (i) the contribution and transfer described in footnote 7 above; and (ii) the exercise of an aggregate of 5,462,952 pre-funded warrants by CSI, Mr. Lubin exercised the remaining pre-funded warrants held by him directly.

Represents grant of fully vested shares of the Issuer's Common Stock, pursuant to the Issuer's Non-Employee Director Compensation Program as compensation for the Reporting Person's services as a director of the Issuer.

Based on the closing price per share of Common Stock on April 10, 2026.

Represents grant of fully vested shares of the Issuer's Common Stock, pursuant to the Issuer's Non-Employee Director Compensation Program as compensation for the Reporting Person's services as a director of the Issuer.

Based on the closing price per share of Common Stock on April 10, 2026.

Represents grant of fully vested shares of the Issuer's Common Stock, pursuant to the Issuer's Non-Employee Director Compensation Program as compensation for the Reporting Person's services as a director of the Issuer.

Based on the closing price per share of Common Stock on April 10, 2026.

Common Stock acquired upon vesting of restricted stock units granted on March 19, 2025.

The fully vested shares were paid to the Reporting Person on March 31, 2026. This number reflects the number of shares that were sold by the Reporting Person to satisfy tax withholding obligations on the award.

On January 8, 2026, the Reporting Person received a bonus award payable in fully vested shares. The gross number of fully vested shares underlying that bonus award was reported on a Form 4 on January 12, 2026. The fully vested shares were paid to the Reporting Person on February 11, 2026, net of applicable income and employment taxes. This number reflects the number of shares that were retained by the Company, out of the fully shares otherwise payable to the Reporting Person, to satisfy its withholding tax obligation on the bonus award.

On January 8, 2026, the Reporting Person received a bonus award payable in fully vested shares. The gross number of fully vested shares underlying that bonus award was reported on a Form 4 on January 12, 2026. The fully vested shares were paid to the Reporting Person on February 11, 2026, net of applicable income and employment taxes. This number reflects the number of shares that were retained by the Company, out of the fully shares otherwise payable to the Reporting Person, to satisfy its withholding tax obligation on the bonus award.

Represents shares of the Issuer's common stock, par value $0.0001 per share ("Common Stock") acquired upon vesting of restricted stock units.

Represents shares of the Issuer's common stock, par value $0.0001 per share ("Common Stock") acquired upon vesting of restricted stock units.

Represents shares of the Issuer's common stock, par value $0.0001 per share ("Common Stock") acquired upon vesting of restricted stock units.

Common Stock acquired upon vesting of restricted stock units granted on March 19, 2025.

Common Stock acquired upon vesting of restricted stock units granted on May 26, 2025.

Common Stock acquired upon vesting of restricted stock units granted on May 26, 2025.

Common Stock acquired upon vesting of restricted stock units granted on March 19, 2025.

Restricted stock units issued in connection with the Reporting Person's appointment as Co-Chief Executive Officer and corresponding employment agreement entered into on July 24, 2025 by and between the Reporting Person and the Issuer.

Each restricted stock unit represents a contingent right to receive one share of SharpLink Gaming, Inc common stock.

The restricted stock units shall vest with one-third (1/3) on the first (1st) anniversary of July 24, 2025, and the remaining units vesting in equal quarterly installments thereafter, subject to the Reporting Person's continued employment with the Issuer as of the vesting date.