Transaction Details

Footnotes

Each stock option is exercisable for 2.43499 Class A Ordinary Shares of Horizon Quantum Holdings Ltd. (the "Company") at a price per share of $0.15. | Stock options received as part of the business combination (the "Business Combination") contemplated by the Business Combination Agreement, dated as of September 9, 2025 (the "BCA"), by and among Horizon Quantum Computing Pte. Ltd. ("Legacy Horizon"), dMY Squared Technology Group, Inc., the Company and certain other parties, as described in the Registration Statement on Form F-4, as amended and supplemented (File No. 333-292737), initially filed with the U.S. Securities and Exchange Commission on January 14, 2026, and declared effective on February 17, 2026. Upon the closing of the Business Combination on March 19, 2026, Dr. Tan's stock options exercisable for Legacy Horizon ordinary shares awarded by Legacy Horizon were exchanged for substitute stock option awards of the Company of an equivalent economic value. | The stock options held by Dr. Tan are fully vested and exercisable. | Pursuant to the BCA and as a result of the closing of the Business Combination, Dr. Tan's 500,000 Legacy Horizon stock options were exchanged for 500,000 stock options of the Company of an equivalent economic value, with an exercise price per Class A Ordinary Share of $0.15.