HawkEye 360, Inc.

Evaluation of Disclosure Controls and Procedures

Our management, with the participation of our Chief Executive Officer and Chief Financial Officer, conducted an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), as of the end of the period covered by this Quarterly Report on Form 10-Q. Based on the evaluation of our disclosure controls and procedures, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were not effective at the reasonable assurance level as of June 30, 2026, due to the material weaknesses identified in our internal control over financial reporting described below.

Background of Material Weaknesses in Internal Control Over Financial Reporting

In connection with the preparation of our consolidated financial statements as of December 31, 2025, we identified material weaknesses in our internal control over financial reporting at the Company and ISA. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of a company’s annual or interim financial statements will not be prevented or detected on a timely basis.

The Company was identified as having a material weakness related to the design and implementation of effective controls to identify errors in the calculation and recognition of compensation expense related to stock options. ISA was identified as having material weaknesses related to (i) the maintenance of sufficient segregation of duties over the performance of control activities for financial close and reporting, including over the review and approval of journal entries, (ii) the maintenance of sufficient segregation of duties over the performance of control activities for the order to cash and procure to pay processes, and (iii) the design and implementation of effective information technology general controls in the areas of user access related to certain information technology systems that support our financial reporting process.

Remediation Efforts to Address Identified Material Weaknesses

Management is in the process of remediating the material weaknesses in internal control over financial reporting . The Company recently hired a Chief Accounting Officer and is in the process of hiring other qualified accounting, financial reporting, information technology, and other key management personnel with public company experience . In addition, the Company is implementing measures to address material weaknesses related to segregation of duties and information technology general controls, including reassessing roles and responsibilities, strengthening user access controls, and enhancing IT governance processes. We will not be able to fully remediate the identified material weaknesses until the ongoing steps described above have been completed and our internal controls have been operating effectively for a sufficient period of time. We cannot assure you that we will be able to fully remediate the material weaknesses in a timely manner. We also may incur significant costs to execute various aspects of our remediation plan but cannot provide a reasonable estimate of such costs at this time.

Changes in Internal Control over Financial Reporting

Except with respect to the remediation measures in connection with the material weaknesses described above, during the quarter ended June 30, 2026, there were no changes in our internal control over financial reporting, as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act, that have materially affected, or are reasonably likely to materially affect our internal control over financial reporting.