SHAZ · SharonAI Holdings Inc.

Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Ordinary Common Stock and/or the cash equivalent of such share.

The RSUs will vest in accordance with the following schedule: 2,274 shares on June 22, 2027, 3,416 shares on June 22, 2028, 3,476 shares on June 22, 2029, 2,691 shares on June 22, 2030, and 1,569 shares on June 22, 2031.

The reporting persons are Situational Awareness LP ("SALP"), SAF AI GP LP ("GP"), Situational Awareness LLC ("SALLC"), Situational Awareness Partners LP ("Fund"), Leopold Aschenbrenner and Carl Shulman. SALP and GP are the investment adviser and general partner, respectively, of Fund. SALLC is the general partner of SALP. Mr. Aschenbrenner is the managing partner and control person of SALP and GP and the manager of SALLC. Mr. Shulman is the co-portfolio manager of Fund. Fund holds these securities directly for the benefit of its investors. SALP, GP, SALLC, Mr. Aschenbrenner and Mr. Shulman may be deemed to indirectly beneficially own the securities due to their relationships with Fund. The reporting persons disclaim beneficial ownership of the securities except to the extent of their respective pecuniary interests therein.

The pre-funded warrants are exercisable at any time and have no expiration date. The reporting persons may not exercise any portion of the warrants to the extent that doing so would cause the reporting persons to own more than 19.99% of the Issuer's outstanding Class A Ordinary Common Stock. The 19.99% limitation will cease to apply following stockholder approval of the shares of Class A Ordinary Common Stock issuable upon exercise of the pre-funded warrants.

The reporting persons are Situational Awareness LP ("SALP"), SAF AI GP LP ("GP"), Situational Awareness LLC ("SALLC"), Situational Awareness Partners LP ("Fund"), Leopold Aschenbrenner and Carl Shulman. SALP and GP are the investment adviser and general partner, respectively, of Fund. SALLC is the general partner of SALP. Mr. Aschenbrenner is the managing partner and control person of SALP and GP and the manager of SALLC. Mr. Shulman is the co-portfolio manager of Fund. Fund holds these securities directly for the benefit of its investors. SALP, GP, SALLC, Mr. Aschenbrenner and Mr. Shulman may be deemed to indirectly beneficially own the securities due to their relationships with Fund. The reporting persons disclaim beneficial ownership of the securities except to the extent of their respective pecuniary interests therein.

Each restricted stock unit ("RSU") represents a contingent right to receive one share of SHAZ Class A Ordinary Common Stock and/or the cash equivalent of such share.

The restricted stock units will vest in twelve equal monthly installments over the twelve-month period following the date of grant.

Each restricted stock unit ("RSU") represents a contingent right to receive one share of SHAZ Class A Ordinary Common Stock and/or the cash equivalent of such share.

The restricted stock units will vest in three equal installments, with one-third vesting on each of the 12-month, 24-month, and 36-month anniversaries of the date of grant.

Shares issued in lieu of cash reimbursement of expenses.

Each restricted stock unit ("RSU") represents a contingent right to receive one share of SHAZ Class A Ordinary Common Stock and/or the cash equivalent of such share.

The restricted stock units will vest on the first anniversary of the date of grant.