Tivic Health Systems Inc

As previously disclosed, November 25, 2022, the Company entered into a Fulfillment Services Agreement (the “ALOM Agreement”), with ALOM, pursuant to which ALOM provides, on a non-exclusive basis, certain assembly, procurement, storage, returns, and fulfillment services to the Company's end customers and retailers within the United States. The consideration payable by the Company to ALOM for services rendered under the ALOM Agreement is calculated and invoiced based on fixed hourly rates and fixed unit pricing, as applicable, subject to certain exceptions; provided that, commencing April 1, 2023, the Company became subject to a $25 thousand minimum monthly purchase requirement.

On March 5, 2024, the Company and ALOM entered into an amendment to the ALOM Agreement, pursuant to which ALOM agreed to waive the hourly account management charges and minimum monthly purchase requirements set forth in the ALOM Agreement for the period from January 2024 through June 2024, and the parties further agreed to extend the initial term of the agreement to December 31, 2024. The Company is currently evaluating alternative providers for the services provided by ALOM as an effort to continue to further reduce both direct and indirect costs associated with product manufacturing and distribution.