| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Spivey Jeremy Simmons | Chief Executive Officer, Director, 10%+ Owner | C/O CARDINAL INFRASTRUCTURE GROUP INC., 100 E. SIX FORKS ROAD, #300, RALEIGH | /s/ Tiffany Gidley, Attorney-in-fact | 10 Dec 2025 | 0002092830 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | CDNL | Class B Common Stock | 13,481,984 | 10 Dec 2025 | Direct | ||||||
| holding | CDNL | Class B Common Stock | 2,716,320 | 10 Dec 2025 | By Spivey Family 2024 Irrevocable Trust U/A dated 5/13/24, as amended | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | CDNL | LLC Units | 10 Dec 2025 | Class A Common Stock | 13,481,984 | Direct | F2 | |||||||
| holding | CDNL | LLC Units | 10 Dec 2025 | Class A Common Stock | 2,716,320 | By Spivey Family 2024 Irrevocable Trust U/A dated 5/13/24, as amended | F1, F2 |
| Id | Content |
|---|---|
| F1 | The Reporting Person is the spouse of the trustee of Spivey Family 2024 Irrevocable Trust U/A dated 5/13/24, as amended ("Spivey Trust"), and as a result, may be deemed to share beneficial ownership of the securities held of record by Spivey Trust. |
| F2 | The membership units of Cardinal Civil Contracting Holdings LLC (the "LLC Units") may be redeemed by the Reporting Person at any time at the option of the holder for shares of Class A Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class B Common Stock will be forfeited in connection with the redemption. The LLC Units have no expiration date. |
See attached Exhibit 24 - Power of Attorney.