X0609 4 2026-03-16 0 0002028707 Merlin, Inc. MRLN 0002117604 George Matthew Spencer C/O MERLIN, INC. 129 SOUTH STREET BOSTON MA 02111 1 1 0 0 Chief Executive Officer 0 Common Stock 2026-03-16 4 A 0 14890622 A 14890622 D Stock Option 8.48 2026-03-16 4 A 0 1512485 A 2036-02-03 Common Stock 1512485 1512485 D Represents securities received as part of the Issuer's business combination, in connection with the Business Combination Agreement, dated as of August 13, 2025, by and among the Issuer (formerly known as Inflection Point Acquisition Corp. IV), IPDX Merger Sub, Inc., a direct wholly owned subsidiary of the Issuer, and Merlin Labs, Inc. ("Legacy Merlin"), pursuant to which the common stock of Legacy Merlin automatically converted into newly issued shares of Common Stock. In addition, each Legacy Merlin stock option was automatically converted into the right to receive stock options of the Issuer with the same terms and conditions. The stock option will vest in full on February 4, 2027. /s/ Leslie Renee Ravestein, Attorney-in-Fact 2026-03-18