X0609 4 2026-09-16 1 0002028707 Merlin, Inc. MRLN 0001776703 FR Capital Holdings, L.P. false 2400 MARKET STREET PHILADELPHIA PA 19103 0 0 1 0 0 Common Stock, par value $0.0001 per share 2026-09-16 4 J 0 6651292 0 D 0 I See Footnote Common Stock, par value $0.0001 per share 2026-09-16 4 J 0 5097669 0 D 0 I See Footnote First Round Capital VI, L.P. ("FRCVI") distributed these shares to its partners on a pro rata basis, for no consideration. First Round Capital VIII F, L.P. ("FRCVIII F") distributed these shares to its partners on a pro rata basis, for no consideration. FR Capital Holdings, L.P., a Delaware limited partnership (the "Reporting Person"), is the investment manager of FRCVI, First Round Capital VI Partners Fund, L.P. ("FRCVI Partners"), FRCVIII F, and First Round Capital VIII F Partners Fund, L.P. ("FRCVIII F Partners"). The Reporting Person is managed by an investment committee comprised of three individuals. As a result, the Reporting Person may be deemed to have beneficial ownership of the securities reported herein. The Reporting Person disclaims beneficial ownership of the securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. The securities were directly held by FRCVI, as nominee for itself and FRCVI Partners. The securities were directly held by FRCVIII F, as nominee for itself and FRCVIII F Partners. /s/ Jeffrey Donnon, Chief Financial Officer of FR Capital Holdings, L.P. 2026-09-18