X0508 4 2025-11-03 0 0001718500 Axil Brands, Inc. AXIL 0001945871 Brown Jeffrey B. C/O AXIL BRANDS, INC. 9150 WILSHIRE BOULEVARD, UNIT 245 BEVERLY HILLS CA 90212 1 1 0 0 CFO, COO 0 Common Stock 2025-11-03 4 C 0 45000 A 145000 I By BZ Capital Strategies Common Stock 15143 D Series A Preferred Stock 2025-11-03 4 C 0 900000 D Common Stock 45000 300000 I By BZ Capital Strategies Stock Option (right to buy) 1.80 2032-04-20 Common Stock 110000 110000 D Stock Option (right to buy) 4.01 2034-10-14 Common Stock 250000 250000 D The Series A Preferred Stock, par value $0.0001 per share (the "Preferred Stock"), is convertible into shares of the Issuer's common stock on a twenty-for-one basis, at the option of the holder, at any time; provided, that the holder may not convert that number of shares of Preferred Stock which would cause the holder to become the beneficial owner of more than 5% of the Issuer's common stock, as determined in accordance with Sections 13(d) and (g) of the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder. The Preferred Stock has no expiration date. Fully exercisable. Options vest in 48 equal monthly installments, beginning on October 31, 2024, subject to continued employment through the vesting date. Jeffrey Brown is the co-owner, Chairman of the board of directors and Chief Financial Officer of BZ Capital Strategies. On November 3, 2025, BZ Capital Strategies converted 900,000 shares of Preferred Stock into 45,000 shares of the Issuer's common stock. /s/ Jeffrey B. Brown 2025-11-03