Transaction Details

Footnotes

Each restricted stock unit ("RSU") represents a contingent right to receive one share of XPEL common stock. | Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Mr. Crumly is or was, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of his pecuniary interests. | Represents securities held by CARPE, LLC, of which Mr. Crumly is a control person. | Represents securities held by ADAMAS, LLC, of which Mr. Crumly is a control person. | Represents securities held by Mr. Crumly's spouse. Mr. Crumly disclaims beneficial ownership of such securities. | The RSUs were granted on June 16, 2025 pursuant to the XPEL 2020 Equity Incentive Plan approved by the Board of Directors and stockholders and will vest in quarterly installments over a one year period with a final vesting date of June 16, 2026.