Lionheart Holdings

Trading Arrangements

During the quarterly period ended June 30, 2026, none of our directors or officers (as defined in Rule 16a-1(f) promulgated under the Exchange Act)adopted orterminated any “Rule 10b5-1 trading arrangement” or any “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.

Additional Information

On June 23, 2026, the Company issued unsecured promissory notes to Lionheart Management, LLC in the principal amount of $180,000 and to The Ivy Companies, Inc. in the principal amount of $20,000 (collectively, the “Original Promissory Notes”). On August 11, 2026, the Company entered into amended and restated unsecured promissory notes with Lionheart Management, LLC and The Ivy Companies, Inc. (collectively, the “Amended and Restated Promissory Notes”), which amended and restated the Original Promissory Notes in their entirety to correct a scrivener’s error in the Original Promissory Notes. The Amended and Restated Promissory Notes are in the principal amounts of $180,000 and $20,000, respectively, are non-interest bearing, may be prepaid at any time, are payable promptly after the date on which the Company consummates an initial business combination or determines not to conduct an initial business combination, and provide that up to $1,500,000 of all such loans, including the Amended and Restated Promissory Notes, may be convertible into private placement warrants at a price of $1.00 per warrant at the option of the payees. Each lender waived any right, title, interest or claim of any kind in or to amounts held in the Trust Account and agreed not to seek recourse, reimbursement, payment or satisfaction from the Trust Account or any distribution from the Trust Account for any reason whatsoever.

The foregoing description of the Original Promissory Notes and the Amended and Restated Promissory Notes is not complete and is subject to and qualified in its entirety by reference to the Original Promissory Notes and the Amended and Restated Promissory Notes, copies of which are filed with this Quarterly Report on Form 10-Q as Exhibits 10.3, 10.4, 10.5 and 10.6 and the provisions of which are incorporated by reference herein.