X0609 4 2026-04-23 0 0001838987 SunPower Inc. SWPR 0001183967 Rodgers Thurman J false C/O SUNPOWER INC. 1403 N. RESEARCH WAY OREM UT 84097 1 1 1 0 Chief Executive Officer 0 10% Convertible Senior Secured Notes due 2029 2026-04-23 4 X 0 6000000 6000000 A Common Stock 3661885 6000000 I See Footnote Simple Agreement for Future Equity 2026-04-23 4 X 0 5000000 0 D Convertible Notes 5000000 0 I See Footnote Simple Agreement for Future Equity 2026-04-23 4 X 0 1000000 0 D Convertible Notes 1000000 0 I See Footnote The conversion rate for the 10% Convertible Senior Secured Notes due 2029 (the "Convertible Notes") is initially equal to 610.3143 shares of common stock per $1,000 principal amount of the Convertible Notes, subject to adjustment in accordance with the terms of the Convertible Notes. The Convertible Notes mature on May 1, 2029, unless earlier converted or repurchased. The Reporting Person may convert all or any portion of the Convertible Note prior to the close of business on the business day immediately preceding the maturity date. On 4/8/2026, a trust controlled by the Reporting Person purchased a simple agreement for future equity ("April 2026 SAFE") in exchange for $5,000,000. At the closing of the issuance of the Convertible Notes, the April 2026 SAFE was converted and exchanged into $5,000,000 principal amount of the Convertible Notes. On 5/13/2024, a trust controlled by the Reporting Person purchased a simple agreement for future equity (the "May 2024 SAFE") in exchange for $1,000,000. The May 2024 SAFE was converted and exchanged into $1,000,000 principal amount of the Convertible Notes. $5,000,000 principal amount of the Convertible Notes are held by the Rodgers Massey Revocable Living Trust, and $1,000,000 principal amount of the Convertible Notes are held by the Rodgers Family Freedom & Free Markets Charitable Trust. The April 2026 SAFE was held by Rodgers Massey Revocable Living Trust, and the May 2024 SAFE was held by the Rodgers Family Freedom & Free Markets Charitable Trust. The Reporting Person and his spouse serve as trustees for each of the Rodgers Massey Revocable Living Trust and the Rodgers Family Freedom & Free Markets Charitable Trust. /s/ Michael Penney, Attorney-in-Fact for Thurman J. Rodgers 2026-04-27